China Laboratory Informatics Market Forecast 2020|MarkNtel Advisors

1. China Laboratory Informatics Market Analysis, 2020 marknteladvisors.com

2. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 2 Table of Content (1/4) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 1. Introduction 1.1. Research Process 8 1.2. Product Definition 11 1.3. Acronyms 12 1.4. Market Segmentation 13 2. Executive Summary 14 3. Experts Verbatim- What our Experts Say? 16 4. China Laboratory Informatics Market Analysis, 2015-2025F 19 4.1. Market Size & Analysis 4.1.1. By Revenues 20 4.2. Market Share & Analysis 4.2.1. By Product 22 4.2.1.1. Electronic Lab Notebooks (ELN) 4.2.1.2. Laboratory Information Management Systems (LIMS) 4.2.1.3. Chromatography Data Systems (CDS) 4.2.1.4. Electronic Data Capture (EDC) & Clinical Data Management Systems 4.2.1.5. Laboratory Execution Systems (LES) 4.2.1.6. Enterprise Content Management Systems (ECM) 4.2.1.7. Scientific Data Management Systems 4.2.2. By Components 24

3. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 3 Table of Content (2/4) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 4.2.2.1. Services 4.2.2.2. Software 4.2.3. By Industry 26 4.2.3.1. Pharma & Biotechnology 4.2.3.2. Biobanks & Bio Repositories 4.2.3.3. Molecular Diagnostics & Clinical Research Labs 4.2.3.4. Contract Service Organizations 4.2.3.5. Academia 4.2.4. By Deployment Model 25 4.2.4.1. Remote Hosting 4.2.4.2. On-Premise Models 4.2.4.3. Cloud- Based Models 4.2.5. By Company 4.2.5.1. Revenue Shares 32 4.2.5.2. Strategic Factorial Indexing 33 4.2.5.3. Competitor Placement in MarkNtel Quadrant 34 5. China Laboratory Informatics Market Policies, Regulations, Product Standards 36 6. China Laboratory Informatics Market Trends & Insights 38 7. China Laboratory Informatics Market Dynamics 41 7.1. Growth Drivers 43

4. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 4 Table of Content (3/4) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 7.2. Challenges 44 7.3. Impact Analysis 42 8. China Laboratory Informatics Market Hotspot & Opportunities 45 9. China Laboratory Informatics Market Key Strategic Imperatives for Success & Growth 48 10. China Competition Outlook 50 10.1. Competition Matrix 10.1.1. Product Portfolio 10.1.2. Brand Specialization 10.1.3. Target Markets 10.1.4. Target Industry’s 10.1.5. Research & Development 10.1.6. Strategic Alliances 10.1.7. Strategic Initiatives 10.2. Company Profiles 54 10.2.1. Beijing- Agilent Technologies 55 10.2.2. Beijing LabWare Sci & Tech Co., Ltd. 56 10.2.3. ThermoFisher Scientific 57 10.2.4. LabVantage 58 10.2.5. LabLynx 59 10.2.6. Autoscribe 60

5. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 5 Table of Content (4/4) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 10.2.7. Abbott Informatics 61 10.2.8. Perkin Elmer 62 10. Disclaimer 63

6. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 6 Acronyms Acronyms Full Form ELN Electronic Lab Notebooks LIMS Laboratory Information Management Systems CDS Chromatography Data Systems EDC & CDMS Electronic Data Capture (EDC) & Clinical Data Management Systems LES Laboratory Execution Systems ECMS Enterprise Content Management Systems SDMS Scientific Data Management Systems The UK The United Kingdom

7. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 7 Market Segmentation • Electronic Lab Notebooks (ELN) • Laboratory Information Management Systems (LIMS) • Chromatography Data Systems (CDS) • Electronic Data Capture (EDC) & Clinical Data Management Systems • Laboratory Execution Systems (LES) • Enterprise Content Management Systems (ECM) • Scientific Data Management Systems China Laboratory Informatics Market Segmentation By Product By Company • Services • Software By Components • Pharma & Biotechnology • Biobanks & Bio Repositories • Molecular Diagnostics & Clinical Research Labs • Contract Service Organizations • Academia By Application By Deployment • On-Premise Models • Cloud- Based Models • Agilent Technologies • LabWare • ThermoFisher Scientific • LabVantage • LabLynx • Autoscribe • Abbott Informatics • Perkin Elmer

9. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 9 Executive Summary 55.44 XX XX XX 2015 2019 2020E 2025F China Lab Informatics Market Size (USD Million) • The Chinese laboratory informatics market was in its embryonic stage in 2019 • Rising Investments in Creation of Healthcare Infrastructure such as Specialized Hospitals & care Centers, Expansion of Chemicals industry, etc. to boost the local lab informatics market XX% LIMS Dominated the Market in 2019 (Market Share) • Around 90% of the utilization of LIMS was limited to the pharma and biotech sector of the country. • The penetration of LIMS in other industry verticals is expected to remain dormant due to budget constraints, perceived complexity in installation and integration with the existing architecture LIMS XX% 8 Competitors Had Half of the Market Share, 8 Players • ThermoFisher, Perkin Elmer, Waters, LabWare, LabVantage, Autoscribe, Abbott, Agilent, dominated the Chinese lab informatics market • Companies operates through a local channel partner to expand their presence in China

11. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 11 China Laboratory Informatics Market Outlook, By Revenues Figure 1: China Laboratory Informatics Market Revenues (USD Million) & Unit Sold (Thousands), 2015- 2025F • The Chinese laboratory informatics market was in its embryonic stage in 2019. The market is majorly driven by the healthcare and life sciences institutions, while the penetration in other industries such as chemicals, petrochemicals, food and beverages, environmental testing, etc. remains infinitesimal with minute scope for adoption in the near future as well. It has been found that the adoption of laboratory informatics is restricted to premier healthcare & life sciences institutions in China. Moreover, an IT integration in specialty care centers has been rising due to the rise in private investments, focusing on improving operational efficiency by accessing real-time data inputs. • During 2017-19, the country’s healthcare institutions received investments of around USDXX bn. A considerable amount was allocated towards establishing informatics, data analysis, AI and other disruptive solutions. The government has also been emerging as a key stakeholder in the healthcare market as the limitation on the opening of general clinics, third-party medical institutions are removed. These developments are set to boost the adoption of laboratory informatics market in the forthcoming years in China. 55.44 XX XX XX XX XX XX XX XX XX XX 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F CAGR: XX% CAGR: XX% Source: MarkNtel Advisors

12. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 12 China Laboratory Informatics Market Revenue Share, By Revenues XX XX XX XX XX 2015 2016 2017 2018 2019 Figure 2: China Total Healthcare Institutions, 2015-2019 27,587 XX XX XX XX 6,023 XX XX XX XX 31,927 XX XX XX XX 2015 2016 2017 2018 2019 Total Hospitals Specialized Hospitals Specialized Public Health Institutions Figure 3: China Specialized Healthcare Institutions, By Type, 2015-2019 Source: National Bureau of Statistics, China Source: National Bureau of Statistics, China *Healthcare institutes includes all the hospitals, clinics, specialized treatment centers, test labs, providing medical services to individuals in China

13. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 13 China Laboratory Informatics Market Revenue Share, By Product Types Figure 4: China Laboratory Informatics Market Revenue Share, By Product Types, 2019 & 2025F Source: MarkNtel Advisors • Laboratory Information Management Systems (LIMS): The Chinese laboratory informatics market was majorly dominated by the laboratory information management systems in 2019. Around XX% of the utilization of LIMS was limited to the pharma and biotech sector of the country. The penetration of LIMS in other industry verticals is expected to remain dormant due to budget constraints, perceived complexity in installation and integration with the existing architecture. • The customer expectations from LIMS providers in China include extremely high user-friendly and easy configurability, flexibility to meet the tailored requirements, multi-laboratory and location management, unlimited number of screen creation, quick dashboard creation, etc. While the storage of research data for compliance and validating purpose remains the prime purpose of adoption of LIMS. • The country possess the massive potential for LIMS, yet remains a challenging geography for the lab informatics providers owing to data storage regulations, language barriers and rising need for customization. XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% LIMS SDMS CDS ELN EDC & CDMS ECM LES

14. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 14 China Laboratory Informatics Market Revenue Share, By Product Types 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025 CAGR 2015-19 CAGR 2020-25 ELN 2.13 XX XX XX XX XX XX XX XX XX XX XX XX LIMS 29.91 XX XX XX XX XX XX XX XX XX XX XX XX CDS 8.29 XX XX XX XX XX XX XX XX XX XX XX XX EDC &CDMS 2.82 XX XX XX XX XX XX XX XX XX XX XX XX LES 1.38 XX XX XX XX XX XX XX XX XX XX XX XX ECM 3.17 XX XX XX XX XX XX XX XX XX XX XX XX SDMS 7.74 XX XX XX XX XX XX XX XX XX XX XX XX Table 1: China Laboratory Informatics Market, By Types, By Revenues (USD Million), 2019 - 2025F Source: MarkNtel Advisors • Scientific Data Management Systems (SDMS): The deployment of Scientific Data management Systems in China has been witnessing an uptick on account of rising demand for automatic file processing, automation of the approval methodology of key SOPs, creating a customized workflow in addition to ensuring regulatory compliances. Pharmaceutical firms were the key end-users of SDMS in 2019 and it is expected that pharma companies would continue to be the hotspot for such solutions in the forthcoming years. • Chromatography Data Management Systems (CDS): CDS systems in China are witnessing an uptrend as the end-users are progressively integrating chromatography equipment. The demand for a networked system that controls multiple instruments in one or more labs. Evolving medical device compliances are further catalyzing the sales of CDS in China.

15. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 15 XX% XX% XX% XX% China Laboratory Informatics Market Revenue Share, By Component Figure 5: China Laboratory Informatics Market Revenue Share, By Component, 2019 & 2025F (Percentage) Source: MarkNtel Advisors 2025F 2019 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025 CAGR 2015-19 CAGR 2020-25 Services 13.47 XX XX XX XX XX XX XX XX XX XX XX XX Software 41.96 XX XX XX XX XX XX XX XX XX XX XX XX Table 2: China Laboratory Informatics Market, By Component, By Revenues (USD Million), 2019 & 2025F Source: MarkNtel Advisors Services Software

16. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 16 China Laboratory Informatics Market Revenue Share, By Deployment Model Figure 6: China Laboratory Informatics Market Revenue Share, By Deployment Model, 2019 - 2025F Source: MarkNtel Advisors 64.40% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% 35.60% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F On-Premise Cloud Based *These are dummy charts and do not represent actual value Source: MarkNtel Advisors 2015F 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F CAGR 2015-19 CAGR 2020-25 On-Premise 35.70 XX XX XX XX XX XX XX XX XX XX XX XX Cloud 19.74 XX XX XX XX XX XX XX XX XX XX XX XX Table 3: China Laboratory Informatics Market, By Deployment Model, By Revenues (USD Million), 2019 & 2025F

17. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 17 China Laboratory Informatics Market Revenue Share, By End User Figure 7: China Laboratory Informatics Market Revenue Share, By End User, 2019 & 2025F Others: Petrochemicals, Food Testing Source: MarkNtel Advisors 2019: USD XX Million Pharmaceutical and Biotechnology CRO Chemicals Environment Testing Labs Others 2019 2025 XX% XX% 2019 2025 XX% XX% 2019 2025 XX% XX% 2019 2025 XX% XX% 2019 2025 XX% XX% • Most Potential Areas • 88% of CRO in China are into healthcare, life sciences and pharmaceuticals

18. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 18 China Laboratory Informatics Market Revenue Share, By End Users Figure 8: China Laboratory Informatics in Pharmaceuticals & Bio-Technology Market Revenues (USD Million), 2015- 2025F XX XX XX XX XX XX XX XX XX XX XX 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F CAGR: XX% CAGR: XX% Source: MarkNtel Advisors • China is the amongst few of the largest healthcare market in the world due to the massive demography, aging population, frequent epidemics, etc. The country is also a pharmaceutical and biotech powerhouse with an annual output above USDXX bn in 2019, which is projected to exceed USDXX bn by 2022. Favorable government policies, lower research and development cost, and technological innovations have the key drivers for the pharma and biotech market in China. • With the integration of technology towards cost-cutting and driving innovation, the laboratory informatics installation is soaring in the pharmaceuticals and biotechnology centers of China. Apart from using LIMS, and SDMS, the adoption of ELN is on the rise as the companies are progressively looking to use the information from diverse sources and IPR to be combined with in house findings on the ELN, implying chemical compounds, related physical and pharmacological properties, and synthesize information to be integrated at the appropriate point in the workflow. The usage of LIMS is also getting traction among the Chinese pharma manufacturers for resource management, forecast fewer sample volume and resource needs, identify process failures, etc.

19. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 19 China Laboratory Informatics Market Revenue Share, By End Users • Biobanking and biorepositories have been registering an explosive growth in China, with a chain of biobanks and repositories seeing the daylight during 2010-19. In 2019, the country established the world’s largest and most modern biobank China National GeneBank (CNGB), approved and funded by the Chinese government to a cost of over USD1 billion. • During 2010-19, several biobanks across the country have emerged while numerous have strengthened their operations including China Kadoorie Biobank, Shanghai Zhangjiang Biobank, etc. Besides, several hospitals, specialty care centers have been establishing biobanks to explore the growing market potential. The growing deployment of laboratory informatics in biobanks in China has been attributed to its ability to manage the entire lifecycle of samples and their data. • The healthcare and life sciences institutes in the country are increasingly exploring the Lab Informatics software meeting the regulatory guidelines with the purpose of traceability of biospecimens from reception to shipment, genealogy of samples, interoperability with the capabilities to integrate with EMR/ EHR records, etc. Source: MarkNtel Advisors Figure 9: China Laboratory Informatics in Contract Research Organizations (CRO) Market Revenues (USD Million), 2015- 2025F 9.67 XX XX XX XX XX XX XX XX XX XX 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F CAGR: XX% CAGR: XX%

20. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 20 China Laboratory Informatics Market Revenue Share, By End Users Figure 10: China Laboratory Informatics in Chemicals Market Revenues (USD Million), 2015- 2025F 14.36 XX XX XX XX XX XX XX XX XX XX 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F CAGR: XX% CAGR: XX% Source: MarkNtel Advisors • China is the chemical manufacturing hub of the world. The country amassed around 40% of the global chemical industry revenues in 2019. China’s chemical-R&D spending is now among the world’s leaders. The structure of China’s chemical-industry R&D has also changed, moving from one in which initiatives were under government direction to one primarily driven by individual companies within an ecosystem of collaboration with government research institutions and universities—and that has a strengthened regime to protect intellectual property. Therefore, the investments in research and development labs in the chemical industry of China are soaring. • The Chinese companies investing into research & development on green chemicals, specialty chemicals, etc. have been stimulating the adoption of lab informatics solutions. The manufacturers are increasingly deploying digital technologies to integrate cross functional collaboration among R&D, manufacturing, and sales functions, forecasting the future trends based on quantitative information.

21. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 21 China Laboratory Informatics Market Revenue Share, By End Users Figure 11: China Laboratory Informatics in Pharmaceuticals & Bio-Technology Market Revenues (USD Million), 2015- 2025F XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F Environment Testing Labs Others CAGR: XX% CAGR: XX% CAGR: XX% CAGR: XX% Source: MarkNtel Advisors • The country has been witnessing an influx of space and earth observation labs, soil testing labs, R&D in air quality monitoring, aerospace & defense, etc. Such labs are generating the fresh stimulus to the industry growth. The modernization of legacy IT infrastructure in the government research labs primarily in aerospace and defense, heavy machinery, etc., is exhibiting an uptick. These labs are more inclined towards deployment of LIMS and CDS. The traction towards ELN and LES remains feeble. • The other form of labs such as food testing, petrochemicals, etc., are slow in modernizing their exiting infrastructure in comparison to labs in other segments due to lower annual budget.

22. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 22 China Laboratory Informatics Market Revenue Share, By Company Sr. No Name of the Company Revenue Share 1 Thermofisher Scientific XX 2 Perkin Elmer XX 3 Abbott Informatics XX 4 Agilent XX 5 Labware XX 6 LabVantage XX 7 Autoscribe XX 8 Waters XX 9 Others* XX Table 4: China Laboratory Informatics Revenue Share, By Company, 2019 Others include: Lablinks, NuJenesis, Siemens SA, Illumina, BT Lims etc. Source: MarkNtel Advisors

24. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 24 Key Strategic Imperatives for Success Tapping the Rising Potential for Electronic Lab Notebooks XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX Need of Laboratory Informatics for Precision Medicine XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX. One Integrated Solution for Laboratories XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

25. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 25 Disclaimer MarkNtel Advisors provides market specific information that is intended for key sets of customers which can be used for internal purposes, but not for general publication or disclosure to third parties. No part of the report can be, lent, resold or disclosed to non-customers without written permission. No part may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the permission of the publisher. The Market specific information is based on primary interviews and MarkNtel Advisors takes no responsibility for any incorrect information provided to us. MarkNtel Advisors would not be held responsible for any loss or damage caused due to the usage of such information and thus would not refund in any case the amount spent by the company in purchasing such information. +1 (613) 707-5086 sales@marknteladvisors.com

China Laboratory Informatics Market Forecast 2020|MarkNtel Advisors

China Laboratory Informatics Market Forecast 2020|MarkNtel Advisors

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China Laboratory Informatics Market Forecast 2020|MarkNtel Advisors