It allows the users to record, use it for reference, share it, and maintain it in a secure and orderly manner. ELN offers an impressive substitute for the conventional method where it is capable of storing large amount of data associated with lab experiments. Moreover, daily recording of laboratory data has become extremely crucial in the recent past. The conventional method of data recording and maintaining has resulted in loss, forgery or theft. Professional laboratories process a large volume of data, which needs to be recorded and maintained effectively for numerous purposes. Rising need for effective data management in various industry verticals is expected to drive growth of the global electronic lab notebook market during the forecast period.The global electronic lab notebook market was estimated to account for US$ 269.9 Mn in 2018 and is expected to grow at a CAGR of 10.1% during the forecasted period (2019-2027) Electronic lab notebooks have been used in many industries such as food & beverages, chemicals, pharmaceuticals, and academics. ELNs are typically useful in writing down procedures, conclusions, and drawing flow charts and diagrams related to research. ELN software plays a crucial role in complying with regulatory policies such as FDA 21 CFR 11 and others according to each region, in order to assure efficient data security. Moreover, it allows researchers and scientists to access, search, and share result of their experiments. ELN software supports digitalization of the laboratory data and offers various advantages such as collaboration, easier data search, protection and centralization of data, and facilitate efficient organization of data. Market Insight- Global Electronic Lab Notebook MarketĪn electronic lab notebook also referred to as electronic laboratory notebook (ELN) is a computer program designed to substitute conventional paper notebooks used in laboratories. Information and Communication Technology.
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