Electronic Lab Notebook (ELN) Market Share and Key Trends 2016-2026 FMI | Page 3

Report Description Report Description Electronic lab notebooks (ELN) is a computer programmed electronic device, which is capable of storing the data related to the lab experiments or researches. In addition, it enables the user to access the stored data for future reference and data sharing with other users. It is not only a replacement of laboratory paper notebook but also helps in the management of data in an orderly manner and provides security. Electronic lab notebooks are widely used by the researchers and engineers working in research and development laboratories of pharmaceuticals, chemicals and healthcare institutions, where huge number of experiment results, procedures and results are documented, stored and shared among the scientists. The potential benefits of electronic lab notebook includes better data management, avoid data loses, eliminate work forgery, and ease in searching and data mining. The electronic lab notebook being a core part of laboratory informatics strategy, it is adopted worldwide among the scientists and researchers, hence proving to be a beneficial product in the market. Request for sample report: http://www.futuremarketinsights.com/reports/sample/rep-gb-1610 The global electronic lab notebook market is primarily driven by the increasing demand for the electronic lab notebook among the scientists and researchers working in different sectors such as analytical chemistry, pharmaceuticals and healthcare. With innovations in developing drugs it is a necessity to maintain and safe secure the records related to the inventions. Thus, the use of electronic lab notebook eliminates the conventional method of maintaining the records in paper notebook providing more security to the intellectual property. However, the adaptability of electronic lab notebooks in the academic research is low which might restrain the market.