(MENAFN - GetNews) GLOBAL LABORATORY INFORMATION MANAGEMENT SYSTEM (LIMS) MARKET SIZE STUDY WITH COVID-19 IMPACT, BY TYPE (BROAD-BASED LIMS AND INDUSTRY-SPECIFIC LIMS), BY COMPONENT (SERVICES AND SOFTWARE), BY DEPLOYMENT MODEL (ON-PREMISE LIMS, CLOUD-BASED LIMS AND REMOTELY HOSTED LIMS), BY INDUSTRY (LIFE SCIENCE, PETROCHEMICAL REFINERIES AND OIL & GAS CHEMICAL, FOOD & BEVERAGE AND AGRICULTURE, ENVIRONMENTAL TESTING LABORATORIES AND OTHER INDUSTRIES) AND REGIONAL FORECASTS 2020-2027 The global laboratory information management systems market was valued at US$ 0.9 Bn in 2019 and is projected to witness considerable growth rate with CAGR of 12.1% during the prognosis period 2020 to 2027. Technological advancements in the laboratories and need of efficient task implementation in the laboratories is estimated to drive the LIMS market towards growth trajectories.