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Scientific Data Management Systems (SDMS) Market by 2029

Scientific Data Management Systems (SDMS) Market is expected to undergo a CAGR of 45 % during the forecast period 2022 to 2029

SDMS software acts as a centralised document management system, gathering, organising, and storing data generated by and in a scientific lab. It is designed to handle unstructured data from data systems such as a LIMS or an ELN. Any laboratory – clinical, research, contractual, or pharmaceutical – can utilise SDMS to achieve and maintain data integrity and regulatory compliance and maintain a single source of truth.

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A product must capture, store, and manage a variety of unstructured data formats, analyse stored data, and generate reports on laboratory activities, support data import and export, and interoperability support interaction with laboratory instruments and systems to qualify for inclusion in the Scientific Data Management System (SDMS) category.

Data Bridge Market Research analyses that the scientific data management systems (SDMS) market which was USD 59.3 million in 2021, would rocket up to USD 1158.77 million by 2029, and is expected to undergo a CAGR of 45 % during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Scientific data management systems (SDMS) are systems that handle all data associated with a scientific lab, including data storage, cataloging, document management, and more. Laboratory information management systems (LIMS) and electronic lab notebooks can be integrated with scientific data management systems.

The market is predicted to grow in response to rising demand for laboratory automation. Other factors such as the development of integrated lab informatics solutions, rising demand from academic research institutes, growing use of lab informatics solutions in the cannabis industry, and technological advancement are expected to drive the scientific data management systems (SDMS) market from 2022 to 2029.

Major players operating in the Scientific Data Management Systems (SDMS) Market are Thermo Fisher Scientific Inc. (U.S), Abbott (U.S), MediaLab Inc. (U.S), Dotmatics (Boston), Benchling (U.S), Fink & Partner GmbH (Germany), Uncountable Inc. (U.S), SciCord LLC (U.S), Shimadzu Corporation (Japan), Advanced Chemistry Development (Canada), BC Platforms (Switzerland), BenchSci (Canada), Continuum Health Alliance (U.S) and Cytobank Inc. (U.S)

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