Electronic Lab Notebook Market To Reach $966.2 Million By 2030

January 2025 | Report Format: Electronic (PDF)

Electronic Lab Notebook Market Growth & Trends

The global electronic lab notebook market size is expected to reach USD 966.2 million by 2030, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.7% from 2024 to 2030. Increasing requirement for life science and pharma industries to comply with regulatory requirements has promoted the incorporation of Electronic Lab Notebook (ELN) as it helps simplify the lab process and reduce time.

Rising demand for automated laboratory process such as cloud based electronic lab notebook, ELN embedded with SDMS solutions and supportive government initiatives, are expected to propel the market over the forecast period. Asia Pacific is expected to exhibit lucrative growth over the forecast period owing to increasing demand of Contact Research Organizations (CROs). Moreover, reduced operational cost, remote access, real time data tracking are contributing to the rising demand.

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Electronic Lab Notebook Market Report Highlights

Increasing demand for automation in lab activities are anticipated to create growth opportunities in near future
Cross disciplinary accounted for the largest revenue share of the product segment in 2023, owing to its usage in multiple disciplines and other added advantages such as customized features and coordination across the domain
Web hosted/cloud based delivery mode held the largest share of electronic lab notebook market in 2023 owing to its real time data analysis, remote access, and reduced IT manpower
Proprietary held the largest revenue share of the license segment due to the increasing adoption in life science and pharmaceutical industries as compared to open source ELN
North America held the dominant market share in 2023, due to supportive government initiatives and presence of large number of industry players
Asia Pacific is anticipated to witness lucrative growth due to increase in number of CROs and untapped opportunities