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Laboratory Informatics Market worth $8.7 billion by 2029 driven by Emerging Tech Innovations | MarketsandMarkets™

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CHICAGO, Aug. 23, 2024 /PRNewswire/ — The global Laboratory Informatics Market is valued at an estimated USD 5.3 billion in 2024 and is projected to reach USD 8.7 billion by 2029 at a CAGR of 10.4% during the forecast period. The laboratory informatics industry is poised for significant growth in emerging economies such as China, India, Japan, Singapore, Brazil, and the Middle East due to increasing adoption of cloud-based models driven by growing data volumes in laboratories and reduced ownership costs. For example, Revvity, Inc. recently launched the Signals Research Suite, a cloud-based SaaS platform integrating various applications to streamline the drug development process. However, challenges such as technical expertise gaps and interoperability issues remain. The market is buoyed by the rising need for laboratory automation to address staff shortages and enhance precision, regulatory compliance pressures, and the growing demand for real-time data analytics. Despite these opportunities, high implementation and maintenance costs, particularly for small and mid-sized laboratories, could hinder growth. The lab informatics ecosystem encompasses a diverse range of stakeholders including investors, academic researchers, government bodies, and various industries such as pharmaceuticals, biotech, and environmental testing. In 2023, North America led the market, driven by high healthcare spending, technological advancements, and a competitive environment fostering innovation. Key market players include Thermo Fisher Scientific, LabVantage Solutions, Agilent Technologies, and others, with the Software-as-a-Service (SaaS) model and biobanks & biorepositories showing notable market shares.

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Thermo Fisher Scientific Inc.: Leader in Laboratory Informatics

Thermo Fisher Scientific Inc. (US) is a global leader in laboratory informatics. The company offers a comprehensive range of products and services, including LIMS, enterprise data and workflow connectivity, chromatography data systems, inventory and asset management, and laboratory automation solutions. Additionally, Thermo Fisher provides services such as validation, consulting, test development, and validation training, as well as cloud services and product support. The company serves diverse sectors including Pharma/Biotech, QA/QC, Oil and Gas, Metals and Mining, Forensic Testing, Water and Environmental Testing, and Food & Beverage Testing. In November 2023, Thermo Fisher and Flagship Pioneering (US) expanded their partnership to create new platform companies focused on advancing biotech tools and pioneering therapies. With a presence across the Americas, APAC, and EMEA regions, Thermo Fisher continues to lead through innovation and strategic collaborations.

LabVantage Solutions, Inc.: Key Player in Laboratory Informatics

LabVantage Solutions, Inc. (US) is a significant player in the global laboratory informatics market. The company offers an extensive suite of products and services, including LIMS, electronic lab notebooks (ELN), and business intelligence solutions such as Laboratory Execution Systems and Scientific Data Management Systems. LabVantage caters to sectors like Pharma & Biotech, Biobanking, Diagnostics, Food & Beverage, Oil & Gas, Contract Testing, Cancer Research, Public Health Labs, Consumer Packaged Goods, Forensic, and Government. The company’s commitment to growth is evident in its strategic acquisitions and technology integrations, such as the May 2024 acquisition of SEIN Infotech in South Korea, which enhanced its EHS management solutions. LabVantage’s global footprint includes offices in the Americas, Europe, Asia Pacific, the Middle East, and Africa, reflecting its ongoing dedication to innovation and market leadership.

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Deployment Segment: Cloud-Based Solutions Lead Laboratory Informatics Market

The laboratory informatics market is segmented into on-premise and cloud-based solutions. In 2023, the cloud-based segment emerged as the fastest-growing category. This growth is driven by the benefits of cloud-based models, including data accessibility from any location, automatic data backups, and the ability to serve global laboratories. Additionally, cloud-based solutions are more user-friendly, as they are managed by third-party providers, whereas on-premise solutions require VPNs or physical presence in the lab for accessing critical information. Key players are also focusing on cloud-based solutions to meet modern user demands. For example, in April 2024, STARLIMS launched Advanced Analytics 2.0, a cloud-based SaaS solution designed to enhance data-driven decision-making in laboratory operations.

Component Segment: Services Dominate Laboratory Informatics Market

The laboratory informatics market is divided into software, services, and support components. In 2023, the services segment held the largest share. This segment’s growth is attributed to enhanced security, cost-effectiveness, usability, flexibility, and integration capabilities. The increasing user base and evolving needs for comprehensive solutions and support contribute to high demand for services such as modifications, implementation, and consulting.

Regional Insights: North America Leads Laboratory Informatics Market

By region, North America holds a significant share of the laboratory informatics market. The region’s growth potential is fueled by high per-capita healthcare expenditure and advanced technological innovations in laboratory systems, including ERP and CDS integration. North America’s developed infrastructure, coupled with rising demand for digital technologies like AI, ML, and cloud computing, drives the adoption of analytical solutions across various industries. Additionally, the region’s access to advanced healthcare facilities and the growing number of biobanks further support market growth.

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Healthcare Cloud Computing Market

Laboratory Information Management System Market

Healthcare IT Market

Lab Automation Market

Laboratory Centrifuges Market

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Technology

Florida Physician Specialists Data Breach: Edelson Lechtzin LLP Launches Investigation into Exposure of Personal Information

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May 3, 2026

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National class action firm offering free case evaluations to individuals impacted by the Florida Physician Specialists cybersecurity incident

JACKSONVILLE, Fla., May 3, 2026 /PRNewswire/ — Edelson Lechtzin LLP, a national class action law firm, is investigating data privacy claims arising from the Florida Physician Specialists data breach. Florida Physician Specialists learned of the cybersecurity incident between November 27 and 29, 2025.

What Happened

Florida Physician Specialists discovered that its network was hacked between November 27 and 29, 2025. An investigation launched in late November 2025 confirmed that an unauthorized third party accessed its network. The review of the exposed data was completed on April 6, 2026.

Information Exposed

Affected personal data includes full names and one or more of the following: Social Security numbers, driver’s license numbers or state identification numbers, other government identification numbers, financial account information, credit or debit card information, medical information, and/or health insurance policy information.

Who May Be Impacted

Individuals who received a data breach notification from Florida Physician Specialists may face an increased risk of identity theft and fraud.

Your Legal Options

Edelson Lechtzin LLP is investigating a potential class action to pursue legal remedies on behalf of individuals whose sensitive personal data may have been compromised in the Florida Physician Specialists breach. The firm will evaluate your rights and potential claims at no cost.

Recommended Protective Steps

Review account statements and credit reports regularly and remain vigilant for suspicious activity. Confirm whether your information was involved in the Florida Physician Specialists incident and preserve any letters or emails you received about the breach. Consider placing fraud alerts and credit monitoring.

Contact Us for a Free Case Evaluation

Speak confidentially with a data privacy attorney today: Marc Edelson, Esq., Edelson Lechtzin LLP, 411 S. State Street, Suite N-300, Newtown, PA 18940; Phone: 844-696-7492 ext. 2; Email: medelson@edelson-law.com; Web: www.edelson-law.com. Or click HERE to request a free consultation.

About Florida Physician Specialists

Based in Jacksonville, Florida, Florida Physician Specialists is a multi-specialty private physician practice serving patients in Northeast Florida.

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to data breach litigation, the firm handles class and collective actions involving securities and investment fraud, federal antitrust violations, ERISA employee benefit plans, wage theft, and consumer fraud

Media and Partnership Inquiries: Use the contact information above to connect with our team regarding interviews, co-counsel opportunities, and referral partnerships.

Legal Notice: This press release may be considered Attorney Advertising in some jurisdictions.

View original content to download multimedia:https://www.prnewswire.com/news-releases/florida-physician-specialists-data-breach-edelson-lechtzin-llp-launches-investigation-into-exposure-of-personal-information-302760742.html

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Technology

Sandhills Medical Foundation, Inc., d/b/a Sandhills Medical Data Breach: Edelson Lechtzin LLP Launches Investigation into Exposure of Personal Information

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2 hours ago

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May 3, 2026

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National class action firm offering free case evaluations to individuals impacted by the Sandhills Medical cybersecurity incident

MCBEE, S.C., May 3, 2026 /PRNewswire/ — Edelson Lechtzin LLP, a national class action law firm, is investigating data privacy claims arising from the Sandhills Medical data breach. Sandhills Medical learned of the cybersecurity incident between November 27 and 29, 2025.

What Happened

On May 8, 2025, Sandhills Medical discovered it had been the victim of a ransomware attack. Sandhills Medical began an investigation with the help of cybersecurity experts and a forensic firm. That investigation determined an unauthorized third party accessed Sandhills Medical’s server directly and obtained personal information for select patients.

Information Exposed

Affected personal data includes names, personal health information, and birth dates. This data breach has affected an estimated 169,017 people.

Who May Be Impacted

Individuals who received a data breach notification from Sandhills Medical may face an increased risk of identity theft and fraud.

Your Legal Options

Edelson Lechtzin LLP is investigating a potential class action to pursue legal remedies on behalf of individuals whose sensitive personal data may have been compromised in the Sandhills Medical breach. The firm will evaluate your rights and potential claims at no cost.

Recommended Protective Steps

Review account statements and credit reports regularly and remain vigilant for suspicious activity. Confirm whether your information was involved in the Sandhills Medical incident and preserve any letters or emails you received about the breach. Consider placing fraud alerts and credit monitoring.

Contact Us for a Free Case Evaluation

Speak confidentially with a data privacy attorney today: Marc Edelson, Esq., Edelson Lechtzin LLP, 411 S. State Street, Suite N-300, Newtown, PA 18940; Phone: 844-696-7492 ext. 2; Email: medelson@edelson-law.com; Web: www.edelson-law.com. Or click HERE to request a free consultation.

About Sandhills Medical

Based in McBee, South Carolina, Sandhills Medical operates as a Federally Qualified Community Health Center (FQHC) that provides community-based primary health care services.

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to data breach litigation, the firm handles class and collective actions involving securities and investment fraud, federal antitrust violations, ERISA employee benefit plans, wage theft, and consumer fraud

Media and Partnership Inquiries: Use the contact information above to connect with our team regarding interviews, co-counsel opportunities, and referral partnerships.

Legal Notice: This press release may be considered Attorney Advertising in some jurisdictions.

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Technology

Danish Publisher Automates Digital Textbook Delivery with Integrated WooCommerce-Webdoxx Solution

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7 hours ago

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May 3, 2026

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Danish educational publisher eliminates manual processing errors and delivers instant access to more than 20 digital learning products

LONDON, May 3, 2026 /PRNewswire-PRWeb/ — Forlaget 94, a Danish educational publisher serving commercial colleges and vocational schools since 1994, has transformed its digital textbook distribution by implementing a fully automated WooCommerce-Webdoxx solution.

“Using the Webdoxx-WooCommerce integration we have achieved full automation of order processing, fewer errors, and happier customers,” Tom Gertsen, IT Manager at Forlaget 94

Previously, Forlaget 94 relied on manual processes to distribute digital textbooks to customers. As demand for online educational materials grew, the publisher required a faster, more reliable way to manage orders, provision access, and reduce the risk of administrative errors.

Through its integration of WooCommerce with Webdoxx, Forlaget 94 now runs more than 20 educational products through a 100% automated workflow. The solution automatically processes customer orders and provides instant access to purchased digital textbooks, improving the experience for both customers and internal teams.

“The result is full automation of order processing, fewer errors, and happier customers,” said Tom Gertsen, IT Manager at Forlaget 94 and architect behind the WooCommerce-Webdoxx integration. The automated system has enabled Forlaget 94 to eliminate manual errors, accelerate customer processing, and increase customer satisfaction through immediate access provisioning. The implementation demonstrates how educational publishers can modernize digital content delivery while maintaining secure, managed access to learning materials.

Webdoxx, a service created and managed by Drumlin Security Ltd, provides online DRM and managed document delivery services for publishers, educational organizations, institutions, and commercial content providers.

About Forlaget 94

Forlaget 94 is a Danish educational publisher established in 1994, providing educational products for commercial colleges and vocational schools.

About Webdoxx

Webdoxx is an online DRM and managed document delivery service created and managed by Drumlin Security Ltd. The platform supports secure access to digital publications and documents across a range of sectors, including education, healthcare, government, finance, and publishing.

Media Contact

Mike de Smith, Drumlin Security Ltd, 44 7768404712, info@drumlinsecurity.com, https://www.drumlinsecurity.com/

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SOURCE Forlaget 94

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