The global Electronic Lab Notebook Market size is expected to reach USD 768.2 million by 2026, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 4.8% during the forecast period. Increasing requirement for life science and pharma industries to comply with regulatory requirements has promoted the incorporation of Electronic Lab Notebook (ELN) as it helps simplify the lab process and reduce time.
Rising demand for automated laboratory process such as cloud based electronic lab notebook, ELN embedded with SDMS solutions and supportive government initiatives, are expected to propel the market over the forecast period. Asia Pacific is expected to exhibit lucrative growth over the forecast period owing to increasing demand of Contact Research Organizations (CROs). Moreover, reduced operational cost, remote access, real time data tracking are contributing to the rising demand.
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Further key findings from the report suggest:
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Grand View Research has segmented the global electronic lab notebook market on the basis of product, delivery mode, license, and region:
Electronic Lab Notebook Product Outlook (Revenue, USD Million, 2014 – 2026)
Electronic Lab Notebook Delivery Mode Outlook (Revenue, USD Million, 2014 – 2026)
Electronic Lab Notebook License Outlook (Revenue, USD Million, 2014 – 2026)
Electronic Lab Notebook End Use Outlook (Revenue, USD Million, 2014 – 2026)
Regional Outlook (Revenue, USD Million, 2014 – 2026)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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