Laboratory information systems markets at $114.7 million in 2006 are anticipated to reach $205.8million by 2013. Growth comes as the electronic patient record requires more automated systems to make transfer of patient information rapid and transparent. Automated systems will decrease labor costs.
The market for hospital IT laboratory solutions is specialized, rapidly evolving, and subject to rapid technological change. The breadth and quality of solution and service offerings, the stability of the solution provider, the features and capabilities of the information systems and devices, the ongoing support for the systems and devices and the potential for enhancements and future compatible software solutions and devices are significant market aspects.
