Laboratory Informatics Market Size, Share, Growth and Forecast Report, 2019 to 2026

The global laboratory informatics market size was estimated at USD 2.7 billion in 2018 and is anticipated to expand at a CAGR of over the forecast period. Increase in demand for laboratory automation is expected to fuel the adoption. Data generated by laboratories has increased dramatically over the past few decades owing to rapid technological advancements in molecular genomics and genetic testing practices.