Electronic lab notebooks (ELNs) are software tools that are used to maintain electronic records of laboratory experiments and analyses digitally. ELNs offer advantages like secure data storage, centralized information access, compliance with regulatory guidelines. They help researchers in keeping track of protocols, data reporting and collaborate more efficiently.
The global Electronic Lab Notebook Market is estimated to be valued at US$ 442.68 Mn or Million in 2023 and is expected to exhibit a CAGR of 8.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the electronic lab notebook market is the integration of sensors. Embedded sensors allow researchers to record experimental parameters like temperature, pressure directly into the ELN from analytical instruments. This facilitates capture of real-time experimental data and reduces manual transcription errors. Sensors integrated with ELNs provide automated documentation and help improve productivity of R&D processes.
Segment Analysis
The electronic lab notebook market is dominated by the research and development segment. It accounts for over 60% of the global market share due to extensive adoption of electronic lab notebooks in research organizations and pharmaceutical companies for new drug development processes. The electronic lab notebooks help in maintaining documentation, improving collaboration between researchers, and ensuring data integrity during long drug development cycles.
Key Takeaways
The Global Electronic Lab Notebook Market Size is expected to witness high growth, exhibiting a CAGR of 8.5% over the forecast period, due to increasing demand for data integrity and collaboration in research processes.
Regional analysis - North America holds the highest share in the electronic lab notebook market currently. The presence of prominent life science firms and research organizations is driving the use of electronic lab notebooks in the region. Asia Pacific is expected to grow at the fastest pace during the forecast period due to rising research activities in countries like China and India.
Market size - The global electronic lab notebook market size was valued at US$ 442.68 Mn in 2023 and is expected to reach over US$ 800 Mn by 2030 as electronic lab notebooks provide benefits like data security, compliance with regulatory guidelines, and improved collaboration for life science organizations.
Key players - Key players operating in the electronic lab notebook market are DASSAULT SYSTEMES SA, Arxspan LLC., LabArchives, LLC, Abbott Informatics Corp., PerkinElmer, Inc., LabWare, Inc., Bruker Corporation, ID Business Solutions Ltd., and Kinematik US & Inc. These players are focusing on new product launches and partnerships with research institutes to gain higher market shares.
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The Global Electronic Lab Notebook Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The report offers a value chain analysis that gives a comprehensive outlook of the electronic lab notebook market.
The attractiveness analysis of this market has also been included to evaluate the segments that are anticipated to be profitable during the forecast period.Browse the complete Global Electronic Lab Notebook Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/7158-electronic-lab-notebook-market-reportThe report also covers the complete competitive landscape of the global Electronic Lab Notebook market with company profiles of key players such as:ArxspanDASSAULT SYSTEMESLabArchives LLCLabWareAbbott InformaticsSEGMENTATIONS IN REPORT:Electronic Lab Notebook Market Analysis By ELN Type:Specific ELNNon-Specific ELNElectronic Lab Notebook Market Analysis By Data Storage:Cloud StorageLocal ServerEither Cloud Or Local ServerElectronic Lab Notebook Market Analysis By Applications:PharmaceuticalsChemicalsLife SciencesResearch LaboratoriesElectronic Lab Notebook Market Analysis By Geography:North AmericaEuropeAsia PacificLatin AmericaMiddle East And AfricaDownload Free Sample Report of Global Electronic Lab Notebook Market @ https://www.decisiondatabases.com/contact/download-sample-7158The Global Electronic Lab Notebook Market has been exhibited in detail in the following chapters –Chapter 1 Electronic Lab Notebook Market PrefaceChapter 2 Executive SummaryChapter 3 Electronic Lab Notebook Industry AnalysisChapter 4 Electronic Lab Notebook Market Value Chain AnalysisChapter 5 Electronic Lab Notebook Market Analysis By ELN TypeChapter 6 Electronic Lab Notebook Market Analysis By Data StorageChapter 7 Electronic Lab Notebook Market Analysis By ApplicationsChapter 8 Electronic Lab Notebook Market Analysis By GeographyChapter 9 Competitive Landscape Of Electronic Lab Notebook CompaniesChapter 10 Company Profiles Of Electronic Lab Notebook IndustryPurchase the complete Global Electronic Lab Notebook Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-7158Other Reports by DecisionDatabases.com:Global Laboratory Equipment Services Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Rugged Notebook Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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Data Bridge Market Research analyses that the electronic lab notebook (ELN) market will exhibit a CAGR of around 4.70% for the forecast period of 2021-2028.To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the market has also been included in the worldwide Electronic Lab Notebook (ELN) market report.
Moreover, it also includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry.
The report provides in detail information about market analysis, market definition, market segmentation, key development areas, competitive analysis and research methodology.
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