Electronic Lab Notebook Market Size, Share & Trends Analysis Report By Product (Cross Disciplinary, Specific), By Delivery Mode (On Premise), By License (Proprietary), By End Use, And Segment Forecasts, 2019 - 2026

Report Overview

The global Electronic Lab Notebook (ELN) market size was estimated at USD 532.0 million in 2018 and is anticipated to expand at a CAGR of 4.8% over the forecast period. An increase in demand for automation in laboratories is expected to fuel the adoption of ELN. The benefits such as process optimization, improved regulatory compliance, reduced labor cost, improved data quality, and faster delivery are some of the major factors driving the growth.

Moreover, increasing adoption of robotics and process automation in healthcare has rendered reproducible and repeatable operations. It is now possible to set up, run, and analyze the experimental results in a shorter time. Rising penetration of high throughput systems has enabled efficient evaluation of experimental results, which increases the overall efficiency of laboratory operations. ELN is a user-friendly interface that enables search functionality for data retrieval, and ease of navigation inventory linked to the lab notes.

With complex iterative procedures and methods, manufacturing requires rigid systems that enable collaboration. These systems must be robust, stable, repeatable, and reliable and have minimal downtime. The emphasis is on increasing the delivery speed of services or products and support for regulatory scrutiny. Since most manufacturing processes are process-driven, it is easy to re-engineer them. In order for life sciences companies to create innovative products, improve quality, and operational effectiveness, virtual and electronic laboratories are required. The aforementioned factors are expected to drive the market over the forecast period.

North America is anticipated to hold significant market share. Stringent regulations for the pharmaceutical companies resulted in the growing adoption of ELN in this region. The presence of key industry players and the launch of new products are the key factors contributing to the growth. Asia Pacific is projected to witness rapid growth in the near future. In order to integrate information and communication technology at all geographic levels and close the inequity gap in healthcare access, the Chinese government implanted its 12th five-year plan which aims to develop e-health records and to facilitate information sharing using Regional Healthcare Information Networks (RHINs) for the citizens residing in rural parts of the country as well.

Product Insights

On the basis of products, the electronic lab notebook market is segmented into cross-disciplinary and specific. A cross-disciplinary electronic lab notebook holds the largest market share in 2018 owing to its wide usage. It can be used across multiple disciplines such as R&D, IT, legal, and management. The other benefits associated with it include reduced costs of IT overheads, common data collection processes and standards across the organization, secure storage, and built-in workflow management. It can be easily accessed and allows the greater exploitation of the shared data.

On the other hand, specific ELN also held a substantial market. Share. This is restricted to a definite discipline and most relevant to the research area. The data is more secure as compared to cross-disciplinary. It improves the productivity of a single research function and data sharing is limited to a specific team.

Delivery Mode Insights

Cloud-based/web hosted held the largest share of the electronic lab notebook market as of 2018. Increase in adoption of cloud-based ELN systems by CROs due to their benefits such as saving time, reduction in labor cost, secured access to clinical information, space spent for system implementation data, and easy ecosystem is some other benefits of cloud-based software. These factors are expected to create lucrative growth opportunities for the segment.

On-premise ELN services include the installation of services and solutions on computers present within the organization. It usually requires more investment considering hardware acquisitions, IT support, and general overhead. SaaS-based cloud electronic lab notebook has advantages over on-premise such as lesser downtime and automatic updates. Other than SaaS, another cloud-based ELN used by the organizations is the private cloud. It is inclusive of a single-tenant and managed services. Some of the most used cloud-based ELN software is from LabArchives, Lab-Ally, Benchling, Biosistemika, etc.

License Insights

The proprietary segment registered the largest revenue share of the ELN market in 2018 and is anticipated to maintain its position in the coming years. It is more secure as compared to open source. The source code is guarded by the owner of the software and is inclusive of some major features.

On the contrary, open-source software has limited feature options. The source code can be used, modified, and shared under defined terms. One example of an open-source is Indigo ELN. It is based on Pfizer’s internal chemistry electronic lab notebook, CeN. The open-source is used by scientists in order to prepare, analyze, and plan experiments and access relevant information.

End-Use Insights

Life sciences held the largest revenue share of the end-user segment as of 2018. The demand for electronic lab notebook is increasing in this industry in order to, improve product quality, develop innovative products, and operational efficiency. To fulfill these needs, the demand for more virtual and electronic laboratories is increasing. The cloud base electronic lab notebook allows effective management of huge amounts of data from a remote place and allows real-time data analysis.

CROs segment is expected to showcase lucrative growth over the forecast period due to the increasing trend of outsourcing. Increasing adoption of ELN by outsourcing companies to curb healthcare costs is attributing to the lucrative growth of CROs and BPO segments. The added benefits of these include efficient data entry, reduced time, and faster delivery. It also finds applications in forensic science, food and beverage industry, and other pharma laboratories. Rising need to curb operational costs coupled with the benefits associated with electronic lab notebook usage is key factors expected to contribute to the growth of this segment.

Regional Insights

North America accounted for the largest revenue share in 2018, owing to the technologically advanced infrastructure. Moreover, the policies supporting the deployment of ELN in the laboratories is another factor boosting the growth in this region.

Asia Pacific is expected to witness lucrative growth over the forecast period owing to the increasing number of CROs in this region. The availability of skilled professionals at a reduced cost is one of the major factors driving growth. The Ministry of Health Labor and Welfare in Japan have launched initiatives to improve the existing healthcare infrastructure.

Electronic Lab Notebook Market Share Insights

The market is competitive in nature with the presence of many large and small players. Some of the key players include LabWare; Core Informatics; Arxspan, LLC, Thermo Fisher Scientific, Inc.; Benchling, Inc..; LabVantage Solutions, Inc.; Abbott Laboratories; LabLynx, Inc.; Agilent Technologies; and Dassault Systemes SE.

The key players constantly engage in strategic initiatives such as new product launches, technological advancements, and mergers and acquisitions to gain greater market share. Technologically advanced platforms developed by the companies, such as cloud-based ELN with SaaS, advanced products with the greater utility to gain an edge over competitors. For instance, in May 2016, AgileBio launched its latest version of ELN with advanced features such as built-in image editor and automatic back up among others.

Electronic Lab Notebook Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2026. For the purpose of this study, Grand View Research has segmented the global electronic lab notebook market report on the basis of product, delivery mode, component, end-use, and region:

• Product Outlook (Revenue, USD Million, 2014 - 2026)

  • Cross-disciplinary

  • Specific

• Delivery Mode Outlook (Revenue, USD Million, 2014 - 2026)

  • On-premise

  • Web-hosted/Cloud-based

• License Outlook (Revenue, USD Million, 2014 - 2026)

  • Proprietary

  • Open

• End-Use Outlook (Revenue, USD Million, 2014 - 2026)

  • Life Sciences

  • CROs

  • Chemical Industry

  • Food and Beverage and Agriculture Industries

  • Environmental Testing Laboratories

  • Petrochemical Refineries & Oil and Gas Industry

  • Other Industries (Forensics and Metal & Mining Laboratories)

• Regional Outlook (Revenue, USD Million, 2014 - 2026)

  • North America 

    • The U.S.

    • Canada

  • Europe 

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

    • Russia

  • Asia Pacific 

    • Japan

    • China

    • India

  • Latin America 

    • Brazil

    • Mexico

  • Middle East & Africa 

    • South Africa

    • Saudi Arabia