European Electronic Lab Notebook Market Demand Set To Increase Due To Introduction Of Specific Solutions
DUBLIN, Ireland–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/reports/c60402) has announced the addition of “European Electronic Lab Notebooks (ELN) Market” to their offering.
This Frost & Sullivan research service entitled European Electronic Lab Notebooks (ELN) Markets provides an overview of ELN challenges and opportunities in drug discovery together with revenues. It provides a complete analysis of key market drivers, restraints and trends and also provides strategic solutions to vendors to gain advantage in this growing market. In this research, Frost & Sullivan’s expert analysts thoroughly examine the specific and non-specific ELN segments.
ELN Demand Set to Increase due to Introduction of Specific Solutions
The electronic lab notebooks (ELN) market has seen significant changes over the last decade. ELNs’ popularity in the life sciences industry has increased tremendously as they move from initial applications in medicinal and process chemistry to other domains such as biology, analytical chemistry, and quality assurance. One of the main reasons driving ELN uptake and installation in these areas is that scientists are finding that they provide specific solutions to various problems that they routinely face. Although ELNs started out with a generic design, this has now given way to more specific ELNs featuring tools such as search reaction databases, chemical synthesis planning and integrated chemical inventory. This has helped change the perception of ELNs from management tools providing a secure storehouse, as it were, for document research to tools that can be used for scientific advancement.
Suppliers that have focused on providing specific solutions have experienced the fastest growth. Most of these ELNs have targeted applications in synthetic chemistry, where their demand is strongest, but other areas such as biology, formulations and process research also show considerable potential. As far as ELNs’ future development is concerned, there are some who believe that these solutions have the potential to expand beyond results data management. “In fact, some market expectations seem to suggest that ELNs should extend across all aspects of the drug discovery and development process, from genomics and proteomics, underpinning target identification and validation, all the way through to new chemical entity (NCE) launch,” remarks the analyst of this research service.
End-user Trends Reflect Growing Demand for Solutions Offering Portability of Information
ELNs’ increasing popularity is clearly reflected in the 40.0 jump in demand they recorded over a period of five years. Technology has advanced to the point where paper-recorded notes are no longer needed to verify or maintain the security of laboratory experiments. Organisations across the board are beginning to realise the immense advantages of enabling scientists to share data, not the least of which is the ability to improve and reuse the body of knowledge that companies gain after massive expenditure on research and development.
A study of end-user trends in the market reveals a growing demand for portability of information so that it can seamlessly moved or presented from laptops or desktops. However, end users prefer to enter and store this information in a system that allows them to control and archive the data either offline or online, as the need arises. This is likely to ensure continued demand for internal server backgrounds, irrespective of the user interface. There has also been an increasing shift in demand toward hybrid models, which have a Web front-end interface and data storage servers on the back-end. With a more flexible call-up, users can use, present and share information across many platforms.
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