An outlook on Clinical
Laboratory Services Market growth is presented in this latest research
report that reviews industry growth drivers, trends, regional factors &
companies as well as provides forecasts for next few years.
Clinical laboratory services market is
gaining popularity across the globe, owing to the growing awareness among the
exponentially increasing aging population regarding the importance of early
diagnosis. Neurological and cardiovascular diseases are prominent among the
elderly, which will lead to massive demand for clinical lab services, thereby
impelling the business outlook. The deployment of technologically advanced
equipment such as biochips, microarrays, & companion diagnostics will also
influence clinical laboratory services industry share.
Hospital based laboratories dominated
service provider segment of clinical laboratory services market by collecting a
revenue of USD 113.4 billion in 2015 and will record notable growth rate over
the years ahead. Clinics and stand-alone laboratories are the other important
service provider segments. The high capability of service providers to carry
out more number of tests at once and the availability of a wide range of tests
will fuel clinical laboratory services market.
Based on the tests conducted, clinical
laboratory services industry mainly comprises clinical chemistry, other
esoteric test, human & tumor genetics, and medical microbiology &
cytology. Clinical chemistry covered more than 47% of the market share in 2015
and will record a considerable CAGR over the coming timeframe. Surging
requirement of clinical chemistry, owing to the growing occurrence of diseases
such as blood disorders, diabetes, cardiovascular, liver & kidney disorders
will stimulate clinical laboratory services industry size.
Browse key
industry insights spread across 110 pages with 33 market data tables & 10
figures & charts from this 2017 report Clinical
Laboratory Services Market in detail along with the table of contents at:
Geographically, Asia Pacific clinical
laboratory services market will surpass a revenue collection of USD 76 billion
by 2024. The attributing factor toward the market growth is the escalating
aging population prevalent mainly across China and Japan. The presence of
innovative diagnostic facilities along with growing investments in the
healthcare infrastructure development will also fuel the product demand
noticeably.
Europe clinical laboratory services
industry will collect a revenue of more than USD 62 billion by 2024 with
considerable annual growth rate. Increasing awareness among patients about the
benefits of early diagnosis of diseases along with the readiness of featured
diagnostic test will augment the industry growth. The frequent occurrence of a
large number of target diseases will generate attractive opportunities for the
market players.
U.S. clinical laboratory services market
covered a major portion of the regional share with a revenue collection of USD
64 billion in 2015 and will generate notable revenue by 2024. Increasing
implementation of advanced diagnostic facilities along with availability of a
large number of clinical testing equipment will boost the product demand.
The noteworthy players in clinical
laboratory services market are Quest Diagnostics, Bio-Reference Laboratories,
Inc., Sonic Healthcare, Charles River Laboratories, Genoptix Medical
Laboratory, Abbott Laboratories, Labco S.A, LabCorp, and Healthscope Ltd.
Browse Related
Report:
Healthcare
Laboratory Informatics Market Size By Product (LIMS, ELN, SDMS, CDS, LES), By
Deployment (On Premise, Cloud Based), By Component (Services, Software), By End
Use (Biotech Companies, Pharmaceuticals, Clinical), Industry Analysis Report,
Regional Outlook (U.S., Canada, Germany, UK, France, China, Japan, India,
Australia, Brazil, Mexico, South Africa, Saudi Arabia), Application Development,
Price Trend, Competitive Landscape & Forecast, 2017 – 2024
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Fractovia.org
Phone: 1-302-846-7766
Email: sales@fractovia.org
Web: https://www.fractovia.org
Contact Us: Facebook | Twitter
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