Global Electronic Lab Notebook Market was valued at USD 584.39 Million in 2021 and is expected to reach USD 779.43 Million by the year 2028, at a CAGR of 4.2%
An electronic lab notebook (ELN) is an electronic computing device that can store data for laboratory experiments and research. Users can access stored data to use and share data with others. It not only replaces paper audit books but also helps in implementing data security and management. Electronic lab notebooks are widely used by researchers working in medical, chemical, and pharmaceutical research laboratories to record and share various test results, methods, and results with scientists. The growth of electronic lab notebook market is driven by factors such as rising demand for automation in the laboratories, increasing need for time-efficient and accurate output by the experimental laboratories, emerging cloud-based ELN technology, growing life science industry, rising government focus on digital laboratory infrastructure and increase in number of developments of integrated lab informatics solutions.
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This Market report offers qualitative and quantitative insights as well as a thorough examination of the market size and expansion rate of all potential market segments. The report has been put together using primary and secondary research methodologies, which offer an exact and detailed understanding of the market. The research report on the Electronic Lab Notebook (ELN) market includes a SWOT analysis and Porter’s five forces analysis, which help in providing the precise path of the market.
The Major Players in The Electronic Lab Notebook Market Include:
- LabWare
- Core Informatics
- Arxspan LLC
- Thermo Fisher Scientific Inc.
- Benchling Inc.
- LabVantage Solutions Inc
- Abbott Laboratories
- LabLynx Inc
- Agilent Technologies
- Dassault Systemes SE and others major players.
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Market has segmented the global Electronic Lab Notebook market on the basis of type, By End User, and region:
By Type:
- Cross-Disciplinary
- Specific
By End User:
- Life Sciences
- Chemical Industry
- Food Beverage
- Agriculture Industries
- Others
By Regional Outlook
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
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Covid19 Impact on Electronic Lab Notebook Market
The covid19 pandemic has been a major healthcare breach that caused havoc globally. Major countries are facing economical and healthcare emergencies and slowed-down growth. However, Covid19 has boosted the demand for electronic lab notebooks during a period as all leading pharmaceutical and biotech companies have embarked on finding a cure and probable treatment for the virus. Also, the massive number of Covid cases required a robust data management system to organize test samples, results, and other treatment-related data. Also, research institutes were operational throughout to study the virus to understand and find the effective vaccine, where which electronic lab notebook played a vital role in data organization, storage, and sharing. Various governments also started using electronic lab notebooks in healthcare facilities which further contributed to the growth of the electronic lab notebook market.
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