The Laboratory Information Management System (LIMS) Market is set to increase by USD 1.63 billion at a CAGR of 13.46% from 2023 to 2028, according to Technavio. The market is being propelled by factors such as adherence to regulatory mandates and the rise in chronic diseases alongside an aging population. LIMS software is instrumental in modern laboratory operations, helping manage vast datasets and samples. Through automation and streamlined workflows, LIMS improves laboratory efficiency, making it particularly valuable in sectors requiring precision, such as clinical trials and healthcare, where compliance and accuracy are critical.

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