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Who are the market leaders in the Electronic Lab Notebook (ELNs) space and the Manufacturing Execution Systems (MES) space? How much do their products cost and what industries do they serve. How much funding have these areas received and what are the biggest areas of change in both spaces?
Thank you for asking Wonder to research the market leaders, product costs, and industries served in the Electronic Lab Notebook (ELN) and Manufacturing Execution Systems (MES) spaces. As a trained biomedical scientist, I found the question especially interesting to research. In short, we were able to identify eight major players in the ELN market and 11 major players in the MES space. Product costs are primarily customized based on user needs, but, where available, follow a subscription/user licensing model. Below, you will find a deeper dive of our findings.
BACKGROUND
Electronic lab notebooks serve an important function in maintaining adequate records, limiting the potential for fraud, and protecting intellectual property. They foster compliance with good documentation practices required by regulatory agencies. There is particular interest in cloud-based ELNs.
Global markets for ELNs are divided into seven regions, including North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East and Africa.
Manufacturing execution systems promote standardized workflows and facilitate electronic approvals. MESs are designed to make data management, required for regulatory compliance, more centralized and accessible.
MARKET LEADERS
ELNs
Among the market leaders for ELNs are eight companies. Persistence Market Research identifies the following leaders: Arxspan, DASSAULT SYSTÈMES, LabArchives, LLC., LabWare, Abbott Informatics. Future Market Insights adds the following to the list of leaders in the ELN space: PerkinElmer, Inc., ID Business Solutions Ltd., and Kinematik US & Inc.
An assessment that current market players are limited and costs are high supports the potential opportunity for new entrants in the market.
MESs
According to Markets and Markets, 11 major players in the MES space include: ABB Ltd. (Switzerland), Andea Solutions (Poland), Dassault Systemes SA (France), Emerson Electric Co. (U.S.), General Electric Company (U.S.), Honeywell International Inc. (U.S.), Rockwell Automation, Inc. (U.S.), SAP AG (Germany), Schneider Electric SE (France), Siemens AG (Germany), and Werum IT Solutions GmbH (Germany).
PRODUCT COSTS
ELNs
Most companies do not publish their pricing information; however, according to Chemistry World, the cost of setting up ELN systems from "the big players" can be about $25,000. There is a great degree of variability in offerings. Aside from any set up costs, the lead companies that publish pricing appear to operate on a licensing model. For example, Lab Archives, LLC offers a free limited storage subscription, an enhanced version for nonprofits/academic institutions at $124 per user with additional storage available at $0.99 per GB, and a corporate rate at $248 per user with the same fee for additional storage.
MESs
As for ELNs, MES providers generally do not publish their pricing information. Both industries request that interested parties request a quote based on their specific needs. Where pricing is available, like ELNs, MESs seem to operate on a subscription licensing fee model. A site that compares pricing notes a range of $5/month to $79/month.
INDUSTRIES SERVED
ELNs
There is a growing market for electronic lab notebooks in research and development departments of pharmaceutical and chemical laboratories and healthcare institutions. Academic institutions are slower to adopt ELNs, but are likely to represent a future market.
MESs
The pharmaceutical and life sciences industries are projected to account for the largest share of the MES market. According to Markets and Markets, other North American industries served by MES include water and wastewater treatment, food and beverage, and power industries.
FUNDING
ELNs
In the U.S. alone, the ELN market is projected to grow 10.1%, from $221.5 million in 2015 to $615.2 million by 2026.
MESs
In 2015, the MES market was estimated at $7.63 billion, and it is projected to grow at a compound annual growth rate of 13.6% to $18.22 billion by 2022.
AREAS OF GREATEST CHANGE
The greatest areas of change relevant to both ELNs and MESs relate to evolution in technology and regulation of industries that serve the primary markets. With the growing adoption of cloud-based data storage, there is increasing ability of smaller companies and academic institutions to accommodate ELN and MES technologies without the additional burden of maintaining local servers.
MESs are projected to see the greatest growth in hybrid (combined public and private clouds), customized systems.
Patient safety and protection regulations necessitate that pharmaceutical, biotech, and device companies, as well as healthcare institutions, comply with complex and changing requirements. The adoption of straightforward, streamlined technologies can facilitate compliance.
Improving infrastructure for IT and regulatory oversight for healthcare in emerging markets, such as Latin America, Asia Pacific and Eastern Europe suggest a growing global market for these electronic systems.
SUMMARY
In summary, we identified eight major players in the ELN market and 11 major players in the MES space. Product costs seem to be customized based on user needs and to follow a subscription/user licensing model. Markets for both ELNs and MESs are growing, with the ELN market projected to reach $615.2 million in the next decade and the MES market projected to reach $18.22 billion in just five years. Market growth is driven by improving global IT capacities, as well as changes in the regulatory landscape for the primary industries served.
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