Lab Workflow Solutions Market Forecast, Trend Analysis & Competition Tracking – Global Review 2018 to 2027

Instant Messaging Apps in Healthcare

Dependency for Regulating Routine Lab Workflows Stimulating Sales of Lab Workflow Solutions

With greater dependency on sample testing in the in-vitro space in healthcare domain, it has become essential to regulate and streamline day-to-day sample processing in laboratories. With that as a primary focus of various laboratories, the essentiality of lab workflow solutions has never been so imperative than it is today. This is massively pushing the adoption of various lab workflow solutions such as software and analytics to restructure and rationalize the sample data collected in labs, which is driving the growth of lab workflow solutions market.  

In the era of IT implementation, changing reimbursement landscape and healthcare integration, improvements in lab workflow solutions should not be confined to laboratory success alone but should extend to various departments thus leveraging improvement opportunities across healthcare organizations.

Empowering Diagnostics with Lab Workflow Solutions

With increasing complexity in diagnostic laboratories, the need for critical management to ensure balance between financial and operational priorities including managing personnel, budgets, customer satisfaction and quality assurance has become vital in diagnostic laboratories. With advanced lab workflow solutions, diagnostics can be taken to a next level using a holistic approach to facilitate speed, cost reductions and quality, consequently enabling efficient implementation, laboratory benchmarking and overall lab workflow.

Lab Workflow Solutions Support in Overcoming Crucial Challenges

Laboratories typically face challenges with respect to managing high volumes of data. They need to cope up with constant and significant increase in accuracy and volume of information associated with sequencing. In addition, other challenges such as identification of scalable solutions to organize and track relevant samples and data, maintain necessary connectivity between data and samples, cutting down time needed for manual management as well as manual data processing and retrieve and store data as and when needed can be addressed using lab workflow solutions. Given these set of hurdles faced by laboratories, demand for lab workflow solutions have dramatically risen across various departments, which in turn has been instrumental in driving the growth of the lab workflow solutions market worldwide.

Cloud Transforming Lab Workflow Solutions

Pervasiveness of Internet of Things (IoT) and cloud platform has relentlessly transformed the lab workflow management space, in turn supporting adoption of lab workflow solutions. Workflow audit in labs can now be easily carried out using the cloud platform. The cloud platform can encrypt data in storage and transit enabling efficient control over routine lab workflow. The transition from archaic model of storage and collection data of samples to smart handling of data is likely to result in development of Internet of Labs along with cloud based equipment in the coming years. With cloud in the lab workflow solutions picture, it has become increasingly possible to further enhance productivity, improve traceability and reduce costs associated with maintenance.

Additionally, companies involved in lab workflow solutions are introducing advanced decision support systems to back clinical workflow and facilitate decision support. For instance, Roche has introduced “Navify” tumor board solution that expedites efficient lab workflow as well as optimize decision making apropos of cancer case reviews. It standardizes lab workflows by amassing relevant patient information and ebbs errors, facilitates effective team collaboration as well as evaluate potential treatment solutions. Likewise, Philips has launched IntelliSpace Enterprise Edition, a novel and scalable informatics system. Such developments across the entire lab workflow solutions umbrella has significantly pushed the adoption of lab workflow solutions across healthcare facilities, thus furthering the growth of the lab workflow solutions market. However, relatively high costs associated with enhanced lab workflow solutions are likely to create a major hurdle in terms of adoption and integration of such systems, particularly among small-scale laboratories.

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About Sabyasachi Ghosh 25 Articles
Sabyasachi Ghosh is an experienced market research analyst and consultant, with over six years of experience in end-to-end project management. He has worked at numerous leadership positions and has a vast experience of compiling high-quality market research reports. Sabyasachi is an authoritative voice in the market research sector, and has been cited in top industry publications. He is a travel junkie, and loves to travel far and wide with his friends.