Electronic Lab Notebook (ELN) Market

Electronic Lab Notebook (ELN) Overview for 2024 to 2034

The electronic lab notebook (ELN) market is expected to be valued at USD 568.0 million in 2024. The pace of progress for the market from 2024 to 2034 is expected to be encouraging, with a CAGR of 6.5%. By the end of the forecast period, the electronic lab notebook (ELN) industry value is slated to hit USD 1,066.20 million.

Attributes	Details
Electronic Lab Notebook (ELN) Market Value for 2024	USD 568.0 million
Projected Market Value for 2034	USD 1,066.20 million
Value-based CAGR of Market for 2024 to 2034	6.5%

Electronic Lab Notebook (ELN) Market Demand Analysis

• Demand for electronic lab notebooks is rising as a result of the education sector embracing digitization in studies, especially in developed nations.
• At the forefront of research, laboratories are automating rapidly, and thus electronic lab notebooks are being preferred to manual lab notebooks.
• Electronic lab notebook demand is increasing as a result of the product’s enhanced capacity to record information and to record it accurately.
• Government focus on digitizing laboratories, to improve healthcare systems in countries, is positively influencing the electronic lab notebook market.
• Demand for ELNs is developing with the rapid growth of the life science industry.

Trends in the Electronic Lab Notebook (ELN) Market

• Ease of access regarding data provided by cross-disciplinary notebooks is seeing the popularity of the product rise.
• Demand for cloud-based ELN technology is boosting the market’s prospects, as cloud-based solutions are being increasingly preferred in software.
• Centralization of data, to make the access and retrieval of data easier, is a significant requirement for laboratories and ELNs are being sought in increasing measures to fulfill that requirement.
• Adoption of biobanks in laboratories is increasing the demand for electronic lab notebooks, to more efficiently store data related to biobanks.
• ELN’s user-friendly interface is helping it win over lab workers, thus ensuring the product’s rising adoption in laboratories.
• Manual systems for recording lab data are prone to spoilage and theft. By moving the process of data storage and analysis to the digital realm, these threats are counteracted.
• Time and resources required for the setting up of ELNs are set to limit the growth of the market.
• Risks regarding data security, especially in cloud-based ELNs, serve to make laboratories hesitant about their adoption, leading to the growth in the market to be counteracted.

Category-wise Outlook

Lab informatics solutions are the top solution in the market. Cloud-based/web-based is the predominant deployment of ELNs.

Greater Need for Effectively Maintaining Data Increases the Dependence on Lab Informatics Solutions

Lab informatics solutions are expected to account for 53.4% of the market share by solution in 2024. Factors driving the growth of lab informatics solutions are:

• Making data accessible to lab workers efficiently is desired by researchers and thus lab informatics solutions are being increasingly sought.
• With methods for data collection increasing, there is a greater need to securely and effectively store data. Lab informatics solutions are stepping in to fulfill that demand in laboratories.

Attributes	Details
Top Solution	Lab Informatics Solutions
Market Share (2024)	53.4%

Enhanced Storage Capabilities Provided by Cloud-based/Web-based ELNs Increase their Popularity

Cloud-based/web-based ELNs are anticipated to account for 68.7% of the market share by deployment in 2024. Some of the factors for the growth of cloud-based/web-based ELNs are:

• With the amount of data being recorded by laboratories becoming overwhelming, the storage capabilities of cloud-based ELNs are being resorted to in increasing measure.
• Cloud-based/web-based ELNs simplify data sharing for lab workers and thus their use is increasing in laboratories.

Attributes	Details
Top Deployment	Cloud-based/Web-based
Market Share (2024)	68.7%

Country-wise Analysis

Need to comply with laws is necessitating the use of electronic lab notebooks in North America. The rising digitization of laboratories in Europe propels the market in the region.

Increased funding being afforded to research institutes aids the market’s progress in the Asia Pacific. Government initiatives to increase the effectiveness of the healthcare sector inform the growth of the market in Oceania.

Countries	CAGR (2024 to 2034)
China	7.0%
Japan	2.3%
United States	3.4%
Germany	2.0%
Australia and New Zealand	10.0%

Popularity of Cloud-based Software Sees the Demand Rise for Cloud-based ELNs in Australia

The market is anticipated to register a CAGR of 10.0% in Australia and New Zealand for the forecast period. Some of the factors driving the growth of the market in the countries are:

• Cloud-based software is becoming common in Australian laboratories and thus cloud-based ELNs are seeing increasing adoption in Australia.
• Rising automation of laboratories is conducive to the growth of the market in New Zealand.

Integration of Cutting-Edge Technology in ELN Platforms Benefits the Market in the United States

The United States is set to see the market expand at a CAGR of 3.4% over the forecast period. Prominent factors driving the growth of the market are:

• Cutting-edge technology like AI is being integrated into advanced ELNs in the United States, bolstering the market’s prospects in the country.
• Strong desire of laboratories to streamline data processes in the United States increases the demand for ELNs in the country.

Increased Government Funding of Research Institutes Lends Opportunities to ELNs in China

The market is expected to register a CAGR of 7.0% in China over the forecast period. Some of the factors driving the growth of the market in China are:

• Increased public funding for research institutes and laboratories is increasing the scope of ELNs in China.
• China’s burgeoning healthcare sector is becoming digitized rapidly and laboratories are following suit. Thus, ELN adoption is growing in China.

Growth of the Life Science Industry Propelling the Market in Germany

The market is set to progress at a CAGR of 2.0% in Germany for the forecast period. Factors influencing the growth of the market in Germany include:

• Germany’s rapidly developing life science industry is helping the growth of the market in the country.
• Presence of prominent players like Labfolder aids in the growth of the market in Germany.

Technologically-advanced Japanese Laboratories Provide a Conducive Environment to ELN Growth

The market is expected to register a CAGR of 2.3% in Japan over the period from 2024 to 2034. Some of the reasons for the growth of electronic lab notebook (ELN) in the country are:

• Japan’s laboratories are advancing at a rapid rate and ELNs are moving forward and interacting with these technological developments. For example, voice-enabled ELNs are growing in popularity in Japan.
• Increasing number of foreign players are entering the Japanese market, thus providing more options to end-users in the country.

Competitive Landscape in the Electronic Lab Notebook (ELN) Market

The electronic lab notebook (ELN) market players are investing heavily in Research and Development to make their products more effective. Thus, funding is being sought from both private and public sources.

One of the well-established companies in the market, Thermo Fisher Inc., is expanding its footprint in the landscape of ELN through partnerships and acquisitions. Other market players are focused on making ELNs more cost-effective.

Recent Developments in the Electronic Lab Notebook (ELN) Market

• In November 2023, SciNote Electronic Lab Notebook partnered with Ganymede Bio. Users of SciNote’s ELN were given access to Ganymede Bio’s cloud-enabled data platform to better integrate data as a result of the partnership.
• Also in November 2023, a new electronic notebook (ELN) from Sapio Sciences, LLC was launched by ImmuneBridge. The ELN provides enhanced data management and experiment tracking capabilities.
• In August 2023, Labstep’s electronic laboratory notebook was acquired by STARLIMS.
• In May 2023, Avantor, Inc. and Labguru entered into an agreement. As a result of this agreement, Avantor’s inventory and e-commerce capabilities were combined with Labguru’s ENL capabilities.

Key Companies in the Electronic Lab Notebook (ELN) Market

• Thermo Fisher Scientific Inc.
• Abbott Informatics
• BioData Inc. (Labguru)
• AgileBio (LabCollector)
• LabVantage Solutions Inc.
• Agaram Technologies Pvt. Ltd.
• Benchling, Inc.
• Bio-ITech BV (eLABJournal)
• LabWare
• Dassault Systèmes SE
• Agilent Technologies, Inc.
• KineMatik Inc.
• Bruker Corporation (Arxspan)
• Lab-Ally
• Codon Software Pvt. Ltd.

Key Coverage in the Electronic Lab Notebook (ELN) Industry Report

• Electronic Lab Notebook (ELN) Software Market Analysis
• European Electronic Lab Notebooks (ELN) Market Overview
• Electronic Lab Notebook (ELN) services market report
• Analysis of Sales Prospects for Electronic Lab Notebook Solutions
• Growth coverage of Digital lab notebook software solutions
• Cloud-based ELN market dynamics

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
• 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Solution
  • 5.1. Software
    • 5.1.1. Laboratory Information Management
    • 5.1.2. System Platform
    • 5.1.3. Electronic Lab Notebook Software
  • 5.2. Services
    • 5.2.1. Validation Services
    • 5.2.2. Consulting Services
    • 5.2.3. Implementation & Integration Service
    • 5.2.4. Support & Maintenance
    • 5.2.5. Training
• 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Deployment
  • 6.1. Cloud-Base
  • 6.2. On-Premises
• 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Enterprise Size
  • 7.1. Small & Medium Enterprises
  • 7.2. Large Enterprises
• 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Industry
  • 8.1. Healthcare & Life Sciences
  • 8.2. Energy
  • 8.3. Food & Beverages
  • 8.4. Academic & Scientific Research
  • 8.5. Petrochemicals
  • 8.6. Mining & Metals
  • 8.7. Others
• 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
  • 9.1. North America
  • 9.2. Latin America
  • 9.3. Western Europe
  • 9.4. Eastern Europe
  • 9.5. South Asia and Pacific
  • 9.6. East Asia
  • 9.7. Middle East and Africa
• 10. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 11. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 12. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 13. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 14. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 16. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 17. Key Countries Market Analysis
• 18. Market Structure Analysis
• 19. Competition Analysis
  • 19.1. Thermo Fisher Scientific Inc
  • 19.2. Abbott Informatics
  • 19.3. BioData Inc.
  • 19.4. AgileBio
  • 19.5. LabVantage Solutions Inc.
  • 19.6. Agaram Technologies Pvt. Ltd.
  • 19.7. Benchling, Inc.
  • 19.8. Bio-ITech BV (eLABJournal)
  • 19.9. LabWare
  • 19.10. Dassault Systèmes SE
  • 19.11. Agilent Technologies, Inc.
  • 19.12. KineMatik Inc.
  • 19.13. Bruker Corporation (Arxspan)
  • 19.14. Lab-Ally
  • 19.15. Codon Software Pvt. Ltd.
• 20. Assumptions & Acronyms Used
• 21. Research Methodology