South Korea Laboratory Information Management System Market Size & Outlook
The laboratory information management system market in South Korea is expected to reach a projected revenue of US$ 68.9 million by 2030. A compound annual growth rate of 7.8% is expected of South Korea laboratory information management system market from 2025 to 2030.
Revenue, 2024 (US$M)
$43.1
Forecast, 2030 (US$M)
$68.9
CAGR, 2025 - 2030
7.8%
Report Coverage
South Korea
Related Markets
South Korea laboratory information management system market highlights
- The South Korea laboratory information management system market generated a revenue of USD 43.1 million in 2024 and is expected to reach USD 68.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.8% from 2025 to 2030.
- In terms of segment, cloud-based was the largest revenue generating product in 2024.
- Cloud-based is the most lucrative product segment registering the fastest growth during the forecast period.
Laboratory information management system market data book summary
| Market revenue in 2024 | USD 43.1 million |
| Market revenue in 2030 | USD 68.9 million |
| Growth rate | 7.8% (CAGR from 2025 to 2030) |
| Largest segment | Cloud-based |
| Fastest growing segment | Cloud-based |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-premise, Web-hosted, Cloud-based |
| Key market players worldwide | Thermo Fisher Scientific Inc, Siemens AG, LabVantage Solutions, Inc., PerkinElmer, Abbott Laboratories, Illumina Inc, Labworks, LabLynx, LABTrack, Ovation Science Inc Ordinary Shares, Assaynet, LabWare, Autoscribe Informatics, Falcon Computing Solutions, CloudLIMS |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.8% of the global laboratory information management system market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan laboratory information management system market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 218.5 million by 2030.
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Laboratory Information Management System Market Scope
Laboratory information management system market segmentation & scope
Laboratory Information Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CloudLIMS | View profile | 11-50 | Wilmington, Delaware, United States, North America | http://cloudlims.com |
| Falcon Computing Solutions | View profile | 11-50 | Santa Clara, California, United States, North America | http://www.falconcomputing.com/ |
| Autoscribe Informatics | View profile | 101-250 | Lakeville, Minnesota, United States, North America | http://www.autoscribeinformatics.com |
| LabWare | View profile | 501-1000 | Wilmington, Delaware, United States, North America | https://www.labware.com |
| Assaynet | View profile | 1-10 | Ottawa, Ontario, Canada, North America | https://assaynetlims.com/ |
| LABTrack | View profile | 1-10 | Lake Forest, California, United States, North America | http://labtrack.com/ |
| Ovation Science Inc Ordinary Shares | View profile | - | 1166 Alberni Street, Suite 1003, Vancouver, BC, Canada, V6E 3Z3 | https://www.ovationscience.com |
| LabLynx | View profile | 11-50 | Smyrna, Georgia, United States, North America | https://www.lablynx.com |
| Labworks | View profile | 1-10 | London, England, United Kingdom, Europe | https://www.labworks.io/ |
| LabVantage Solutions, Inc. | View profile | 251-500 | Somerset, New Jersey, United States, North America | http://www.labvantage.com/ |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
South Korea laboratory information management system market size, by product, 2018-2030 (US$M)
South Korea Laboratory Information Management System Market Outlook Share, 2024 & 2030 (US$M)
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