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Increasing advancements in healthcare sector are expected to continue boosting the Laboratory Information System Market | Future Market Insights, Inc. [Yahoo! Finance]

TruBridge, Inc. (TBRG) 
Company Research Source: Yahoo! Finance
Key drivers include automation, cloud adoption, regulatory needs, and advanced healthcare infrastructure. NEWARK, DE / ACCESSWIRE / December 3, 2024 / The global laboratory information system market is on a dynamic growth trajectory, projected to achieve a valuation of USD 2,166.3 million by the end of 2024, marking an impressive year-over-year growth of 6.0%. The market is set to maintain its momentum with a robust compound annual growth rate (CAGR) of 5.3% over the next decade, reaching an estimated USD 3,620.3 million by 2034. Cloud-Based Systems: Transforming Laboratory Management: Among various segments, demand for cloud-based laboratory information systems is expected to dominate due to their unparalleled advantages. Offering enhanced accessibility, scalability, and cost-efficiency, cloud-based solutions are increasingly becoming the preferred choice for laboratories worldwide. The industry analysis forecasts a strong 6.0% CAGR for this segment between 2024 and 2034. Gro Show less Read more
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