North America Electronic Lab Notebooks Market to Be Worth $372.7 Million by 2030 - Exclusive Report by Meticulous Research®

North America Electronic Lab Notebooks Market by Product (Cross-disciplinary, Specific), Technology (Proprietary, Open-source), Channel (Web & Cloud-based, On-premise), End User (Pharmaceutical, Biotech, CROs, Academia/Research, F&B) - Forecast to 2030


Redding, California, Aug. 24, 2023 (GLOBE NEWSWIRE) -- According to a new market research report titled, North America Electronic Lab Notebooks Market by Product (Cross-disciplinary, Specific), Technology (Proprietary, Open-source), Channel (Web & Cloud-based, On-premise), End User (Pharmaceutical, Biotech, CROs, Academia/Research, F&B) - Forecast to 2030,' published by Meticulous Research®, the North America electronic lab notebooks market is projected to reach $372.7 million by 2030 at a CAGR of 6.8% from 2023 to 2030.

Electronic lab notebooks (ELNs) are laboratory management solutions designed to replace conventional (paper) lab notebooks. An ELN, in its most basic form, functions as a lab notebook. They provide benefits such as improved data management & security, auditing, results interpretation, and collaboration. There are two types of ELNs—cross-disciplinary or multi-disciplinary ELNs and specific ELNs. Scientists use cross-disciplinary ELNs when working in multiple disciplines or fields.

Download Free Report Sample Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5604

Web & cloud-based electronic lab notebooks are flexible and highly scalable solutions for capturing, analyzing, managing, and sharing laboratory and research data. ELNs are adopted by pharmaceutical and biotechnology companies, academic/research institutes, contract research organizations, food & beverage companies, and forensic laboratories, among other end users.

The North America electronic lab notebooks market is driven by the increasing R&D activities in the life sciences industry, the growing use of automation in laboratories, technological advancements in laboratory informatics solutions, and the rising need to comply with regulatory frameworks. Furthermore, the growing scope of cloud-based ELNs and the integration of artificial intelligence are some of the factors expected to generate growth opportunities for the players operating in this market.

However, cost constraints, the reluctance to replace traditional lab notebooks with electronic lab notebooks, and data security & privacy concerns are expected to hamper the growth of this market.

Increased Demand for ELNs Among Pharmaceutical and Biotechnology Companies Due to the Growing Focus on Research & Development

Pharmaceutical and biotechnology companies constantly focus on research and development (R&D) as a core aspect of drug development. The pharmaceutical and biotechnology industries continue to grow due to increasing investments in R&D to cater to the growing need for new medical breakthroughs. Research & development are becoming increasingly important for drug approvals. For instance, the U.S. FDA’s Center for Drug Evaluation and Research (CDER) approved 50 novel drugs in 2021 and 37 in 2022. Of these 37 drugs, 20 were intended to treat rare or orphan diseases. Moreover, in 2022, CDER approved the 40th biosimilar product.

Have Any Query? Ask To Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5604

Furthermore, the U.S. is home to top-ranking global pharmaceutical companies, such as Johnson & Johnson, Pfizer, AbbVie Inc., Merck, and Bristol Myers Squibb. These companies are increasing their R&D expenditures every year. For example, in 2021, Johnson & Johnson spent $14.7 billion on research and development, a 21% increase over 2020. Also, in 2021, AbbVie Inc. spent $7,084 million on research and development, a 13% increase over $6,557 million in 2020.

U.S. pharmaceutical companies’ increasing R&D expenditures are expected to drive the adoption of electronic lab notebooks, supporting market growth.

The report includes an extensive assessment of the North America electronic lab notebooks market based on product, technology, channel, end user, and geography. The study also evaluates the key growth strategies adopted by major market players in the last 3–4 years.

The key players operating in the North America electronic lab notebooks market are Abbott Laboratories (U.S.), Agilent Technologies, Inc. (U.S.), Arxspan, LLC (U.S.), Benchling, Inc. (U.S.), Eppendorf AG (Germany), Dassault Systemes SE (France), ID Business Solutions (IDBS) Ltd. (U.K.), KineMatik Inc. (U.S.), Lab-Ally, LLC (U.S.), Labforward GmbH (Germany), Labii Inc. (U.S.), LabArchives, LLC. (U.S.), LabLynx, Inc. (U.S.), LABTrack, LLC. (U.S.), LabWare, Inc. (U.S.), Mestrelab Research, S.L. (Spain), PerkinElmer, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), and Waters Corporation (U.S.), among others.

The North America electronic lab notebooks market is segmented based on product, technology, channel, end user, and geography. The study also evaluates industry competitors and analyzes the market at the country level.

Quick Buy – North America Electronic Lab Notebooks Market- Global Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/81327679

Based on product, the cross-disciplinary ELN segment is expected to account for the larger share of the North America electronic lab notebooks market in 2023. The large market share of this segment is attributed to the benefits of cross-disciplinary ELNs over specific ELNs, such as reduced IT overhead costs, improved workflow management across disciplines, and better collaboration capabilities across research areas.

Based on technology, the proprietary ELN segment is expected to account for the larger share of the North America electronic lab notebooks market in 2023. The large market share of this segment is attributed to the benefits of proprietary ELNs, such as better security, availability of all the desirable features, and quick and efficient software support.

Based on channel, the web & cloud-based ELN segment is expected to account for the larger share of the North America electronic lab notebooks market in 2023. The large market share of this segment is attributed to the advantages of web & cloud-based ELNs over on-premises ELNs, such as greater flexibility, easy data sharing, and real-time analysis.

Based on end user, the pharmaceutical companies segment is expected to account for the largest share of the North America electronic notebooks market in 2023.The large market share of this segment is attributed to the increasing adoption of laboratory informatics solutions in the pharmaceutical industry and the industry’s rapid digital transformation.

Based on geography, in 2023, the U.S. is expected to account for the larger share of the North America electronic lab notebooks market. The large market share of the U.S. is attributed to the country’s well-established economy and financial capability to adopt new & advanced technologies, strict government regulations that encourage laboratories across industries to deploy data management systems, high level of automation in laboratories, presence of leading ELN vendors, growing need for integration of laboratory systems, and rapidly growing adoption of cloud-based ELN solutions.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/north-america-electronic-lab-notebooks-market-5604

Scope of the Report:

North America Electronic Lab Notebooks Market Assessment– by Product

  • Cross-disciplinary ELN
  • Specific ELN

North America Electronic Lab Notebooks Market Assessment–by Technology

  • Proprietary ELN
  • Open-source ELN

North America Electronic Lab Notebooks Market Assessment– by Channel

  • Web & Cloud-based ELN
  • On-premise ELN

North America Electronic Lab Notebooks Market Assessment– by End User

  • Pharmaceutical Companies
  • Biotechnology Companies
  • Contract Research Organizations (CROs)
  • Academic & Research Institutes
  • Food & Beverage Companies
  • Others End Users
  •  

North America Electronic Lab Notebooks Market Assessment– by Geography

  • U.S.
  • Canada

Request Free Report Sample Now: https://www.meticulousresearch.com/request-sample-report/cp_id=5604

Related Reports:

Ambulatory EHR Market by Delivery Mode (Cloud-based, On-premise), Type, Practice Size (Large, Small-to-medium, Solo), Application (Patient Portals, Practice Management, CDS, Computerized Physician Order Entry, PHM), and End User - Global Forecast to 2028

https://www.meticulousresearch.com/product/ambulatory-ehr-market-5190

Population Health Management (PHM) Solutions Market by Component (Software, Services), Mode of Delivery (On Premise, Cloud and Web), End User (Healthcare Providers, Payer [Private, Public], Hospitals, Physician Groups) - Global Forecast to 2030

https://www.meticulousresearch.com/product/population-health-management-solutions-phm-market-3897

Laboratory Informatics Market by Solution Type (LIMS, ELN, EDC, CDMS, LES, ECM, SDMS), Delivery Mode (Web, Cloud, On-Premise), Component (Service, Software), End User (Pharma & Biotech, CROs, CMOs, Food & Beverage, Chemical) - Global Forecast to 2030

https://www.meticulousresearch.com/product/laboratory-informatics-market-3945

Laboratory Information Management System (LIMS) Market by Mode of Delivery (On-premise, Cloud), Offering (Software, Services), Type (Multi-purpose, Purpose-built), End User (Life Science, Food & Beverage, Petrochemical, Chemical) - Global Forecast to 2030

https://www.meticulousresearch.com/product/laboratory-information-management-system-market-4009

RWE Oncology Market by Component (Datasets [EHR, Claims, Cancer Registries], Consulting & Analytics Services), Application (Drug Development, Approval, Market Access, Post Market Surveillance), End User (Pharma, Payer, Provider) - Global Forecast to 2029

https://www.meticulousresearch.com/product/rwe-oncology-market-5276

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding, 
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com 
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Content Source: https://www.meticulousresearch.com/pressrelease/837/north-america-electronic-lab-notebooks-market-2030

 

Coordonnées