Epic leads fragmented laboratory information system market

Epic Corporation led global laboratory information system sales in 2024 with a 2% share as cloud-native platforms, automation and cybersecurity reshape the market. The Business Research Company says the top 10 vendors held 18% of revenue, underscoring a fragmented field with room for consolidation and partnerships.

Why it matters: - The laboratory information system market is moving toward cloud deployment, stronger interoperability and more automation. - Those shifts affect how labs track samples, integrate data and meet compliance requirements. - The market remains fragmented, so vendors still have room to gain share through product upgrades and partnerships.

What happened: - Epic Corporation Inc. led global laboratory information system sales in 2024 with a 2% market share. - The Business Research Company identified the top 10 players as holding 18% of total market revenue in 2024. - The report lists major vendors including McKesson Corporation, Clinisys Group Ltd., Thermo Fisher Scientific Inc., LabWare Inc., LabVantage Solutions Inc., Abbott Laboratories, Agilent Technologies Inc., CompuGroup Medical AG and Orchard Software Corporation.

The details: - Epic Corporation Inc.'s laboratory information systems division offers workflow management, specimen tracking, clinical data integration, reporting and analytics tools. - The report says those capabilities support productivity, information access, operational accuracy and diagnostic efficiency in healthcare and clinical laboratory settings. - The market's concentration reflects barriers tied to healthcare interoperability, laboratory data management, software validation and secure, scalable system architecture. - Major raw material suppliers listed in the report include Microsoft, Oracle, IBM, Dell Technologies, Hewlett Packard Enterprise, Cisco, Red Hat, SAP, Snowflake, Amazon Web Services, Google Cloud, Intel, NVIDIA, ServiceNow, MongoDB, Palo Alto Networks, Fortinet, Akamai Technologies and Salesforce. - Major wholesalers and distributors include Ingram Micro Holding Corporation, TD SYNNEX, SHI International, CDW, Insight Enterprises, Carahsoft, Arrow Electronics, Softchoice, Zones, Computacenter, Presidio, Connection Public Sector Solutions, World Wide Technology, ePlus, Ricoh USA, Burwood Group, Accenture, Cognizant, Wipro and Infosys. - Major end users include Mayo Clinic Laboratories, Quest Diagnostics, Labcorp, Sonic Healthcare, SYNLAB, BioReference Health, ARUP Laboratories, Unilabs, Charles River Laboratories, Cerba HealthCare, NeoGenomics, KingMed Diagnostics, Exact Sciences, Eurofins, PathGroup, Fresenius Medical Care, Kaiser Permanente, Cleveland Clinic Laboratories, Mount Sinai Health System and Stanford Health Care.

Between the lines: - Cloud-native laboratory information platforms are becoming a competitive baseline, not just a feature. - LabWare Inc.'s March 2025 launch of LabWare ASSURE shows how vendors are targeting niche testing segments with SaaS delivery. - The platform is browser-based and includes workflow automation, real-time monitoring and instrument connectivity. - The report's emphasis on AI, cybersecurity and interoperability suggests buyers are prioritizing operational control and secure data exchange over standalone software features.

What's next: - Vendors are expected to keep investing in cloud-based platforms, artificial intelligence, interoperability, automation and cybersecurity. - Geographic expansion and strategic partnerships are likely to remain key ways to win share in a crowded market. - The report says enhanced strategic insights in its 2026 editions now include market attractiveness scoring, TAM analysis, scoring matrices, Excel forecasting dashboards and market hotspot infographics.

The bottom line: - Laboratory information systems are shifting toward connected, cloud-based infrastructure, and the market is still open enough for mid-tier players to challenge incumbents. - More information is available in the full report and the sample request.