Global Electronic Lab Notebook (ELN) Market


Posted April 4, 2024 by richas

The Electronic Lab Notebook Market is expected to grow at a CAGR of 7.1% to reach $787.7 million by 2029.
 
The Electronic Lab Notebook Market is expected to grow at a CAGR of 7.1% to reach $787.7 million by 2029. An electronic lab notebook offers the consumer a way to store and process the data. It can enter protocols, observations, notes, and other data using computer or any mobile device. It enables good data management practices and data security for the end-users.
The key factors driving the global electronic lab notebook market include the increasing R&D activities in the life sciences industry, the growing use of automation in laboratories, technological advancements in laboratory informatics solutions, and the rising need to comply with regulatory frameworks. In addition, the growing scope of cloud-based ELNs and untapped markets in emerging economies are expected to provide significant opportunities for the growth of this market in the coming years.
However, cost constraints and the reluctance to replace traditional lab notebooks with electronic lab notebooks may restrain the growth of this market to some extent. Similarly, data security & privacy concerns pose a major challenge for the players operating in this market.
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Electronic Lab Notebook Market: Future Outlook
The global electronic lab notebook market is segmented based on product, technology, channel, end user, and geography. The study also evaluates industry competitors and analyzes the market at the country level.

In 2022, based on product, the cross-disciplinary ELN segment is estimated to account for the largest share of this market. This segment's large market share is attributed to the ability of cross-disciplinary ELNs to cater to multiple disciplines for meeting a wide range of scientific needs. Moreover, other benefits of cross-disciplinary ELNs include reduced IT overhead costs, the ability to provide a detailed view of organizational data, secure storage of an organization’s knowledge and IP in one central location, improved workflow management across disciplines, better collaboration capabilities across research areas, and efficient utilization of information for strategic planning and making business decisions.
In 2022, based on technology, the proprietary ELN segment is estimated to account for the largest share. The large market share of this segment is attributed to the advantages of proprietary ELNs, such as ownership of the software, quick and efficient support, a multitude of features, and the ability to be customized as per requirements.
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In 2022, based on channel, the web & cloud-based ELN segment is estimated to account for the largest share. The large market share of this segment is attributed to the cost-effectiveness, real-time analysis capabilities, integration with other systems & software, easy access to data, internal and external data sharing, flexibility, and scalability offered by web &cloud-based ELNs.
In 2022, based on end user, the pharmaceutical companies segment is estimated to account for the largest share of the market. The large market share of this segment is attributed to the increasing adoption of disruptive technologies, including lab informatics, and growing digital transformation in the pharmaceutical industry.
This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, India, and RoAPAC), Latin America, and the Middle East & Africa.
In 2022, North America is estimated to dominate the electronic lab notebook market, followed by Europe and Asia-Pacific. The increasing demand for electronic lab notebooks among researchers and scientists in the development of various sectors like pharmaceutical & biotechnology companies, academic research, and food & beverages industries, and the presence of key market players contribute to the large market share of this region.
The key players operating in the electronic lab notebook market are Abbott Laboratories (U.S.), Agilent Technologies, Inc. (U.S.), Arxspan, LLC (U.S.), Benchling, Inc. (U.S.), Eppendorf AG (Germany), Dassault Systemes SE (France), ID Business Solutions (IDBS) Ltd. (U.K.), KineMatik Inc. (U.S.), Lab-Ally, LLC (U.S.), Labforward GmbH (Germany), Labii Inc. (U.S.), LabArchives, LLC. (U.S.), LabLynx, Inc. (U.S.), LABTrack, LLC. (U.S.), LabWare, Inc. (U.S.), Mestrelab Research, S.L. (Spain), PerkinElmer, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), and Waters Corporation (U.S.), among others.
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Scope of the Report:
Electronic Lab Notebook Market, by Product
• Cross-disciplinary ELN
• Specific ELN
Electronic Lab Notebook Market, by Technology
• Proprietary ELN
• Open-source ELN
Electronic Lab Notebook Market, by Channel
• Web & Cloud-based ELN
• On-premise ELN
Electronic Lab Notebook Market, by End User
• Pharmaceutical Companies
• Biotechnology Companies
• Contract Research Organizations (CROs)
• Academic Research Institutes
• Food & Beverage Companies
• Others End Users
Electronic Lab Notebook Market, by Geography
• North America
o U.S.
o Canada
• Europe
o Germany
o France
o U.K.
o Italy
o Spain
o Rest of Europe (RoE)
• Asia Pacific
o China
o Japan
o India
o Rest of APAC (RoAPAC)
• Latin America
• Middle East & Africa

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Issued By meticulous research
Country India
Categories Health
Tags eln market , electronic lab , lab notebook
Last Updated April 4, 2024