A research study
titled, “Clinical
Laboratory Services Market by Test Type and Service Provider- Global
Industry Analysis and Forecast to 2025” published by Crystal Market Research,
states that the clinical laboratory services market is projected to be around $348
billion by 2025.
Clinical laboratories are an inseparable part of the healthcare
industry. Theselaboratories are used to performlarge range of diagnostic tests
ranging from simple blood tests to highly complex DNA sequencing. Clinical
laboratories play a vital role in providing information and services which
maximize healthcare delivery system by providing diagnostic and test results. Besides
diagnostic services, lab testing may also be performed to evaluate drug
treatment, disease progression and to figure out individual therapy for
diseases. Clinical laboratory service market is continuously growing due to
high prevalence of diabetes, cancer and other disorders leading to increase in
number of patients requiring diagnostic services, further driving the global
market. Furthermore these services are cost effective and require minimum
invasive method for clinical decision making and diagnosis. Advancement in
technologies such as micro assays and biochips which can process large number
of samples at a time will further enhance growth of the global market.
Browse full research report with TOC on “Clinical
Laboratory Services Market by Test Type and Service Provider- Global Industry
Analysis and Forecast to 2025” at: https://www.crystalmarketresearch.com/report/clinical-laboratory-services-market
Clinical chemistry segment accounted for the largest
share of the global market in 2016, owing to increase in demand for early
detection of diseases like diabetes and cancer for effective disease treatment
and management. Medical microbiology and cytology market is anticipated to
witness fastest growth during forecast period due to increase in pool of
patients suffering from infectious diseases requiring large number of diagnostic
procedures. On the basis of service provider, standalone laboratories market is
poised to witness fastest growth during the forecast period primarily due to
wide range of diagnostic services offered by these labs and ability to manage
large test volume with quick delivery of results.
U.S. dominated the global clinical laboratory services
market in 2016.This can be attributed to presence of large number of clinical
laboratories and high population suffering from various disorders requiring
diagnostic services. Emerging nations such as China and India will exhibit
favorable growth over the forecast period owing to large pool of patients and
increasing demand for early detection of diseases. Moreover, rapid development and
changes in healthcare infrastructure along with increase in disposable income
of people will further fuel the growth of the market.
Some of the key players operating in the global clinical
laboratory services market are LabCorp, Quest Diagnostics, Sonic Healthcare, Healthscope
Ltd., Spectra Laboratories, ARUP Laboratories, Genoptix
Medical Laboratory, Qiagen, Abbott Laboratories, Bio-Reference Laboratories,
Labco S.A andClarient Inc. Global players are focusing on upgrading existing
products to enhance accuracy and reliability of clinical test results. For instance,
in January 2017, Abbott Laboratories launched next generation Alinity Ci-series
diagnostic systemswith new immunoassays methods. These methods are cost
effective as well as provide unique solutions for labs to achieve enhancedhealthcare
performance.
Request a sample copy of Clinical Laboratory Services
Market Research Report @ https://www.crystalmarketresearch.com/report-sample/HC0627
Key
Findings of the Research Study:
·
Clinical chemistry segment accounted for over
two-fifth share of the global market in 2016 owing to increase in cases of target
diseases such as cardiovascular diseases and liver disorders.
·
Medical microbiology and cytology market will
exhibit fastest growth over the forecast period due to rising incidence of diseases
leading to increased need for large number of testing procedures.
·
Standalone laboratories market is poised to
witness fastest CAGR during the forecast period as a result of high penetration
in emerging markets.
·
North America dominated the global market in
2016 and is expected to continue its dominance during forecast period due to
highly sophisticated healthcare infrastructure in the region.
·
Asia-Pacific is expected to witness fastest growth
during forecast period owing to changing healthcare infrastructure and rise in
disease prevalence in the region.
Inquire more about this report at: https://www.crystalmarketresearch.com/send-an-enquiry/HC0627
Clinical Laboratory Services Market Segmentation
By Test Type:
- Human and Tumor Genetics
- Clinical Chemistry
- Medical Microbiology and Cytology
- Other Esoteric Tests
By Service Provider:
- Stand-alone Laboratories
- Hospital-based Laboratories
- Clinic-based Laboratories
By Region:
- North America
o U.S
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia-Pacific
- Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o Turkey
o United Arab Emirates
o Others
Get Customization in the Report At: https://www.crystalmarketresearch.com/customization/HC0627
Related Reports:
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User - Global Industry Analysis and Forecast to 2025: https://www.crystalmarketresearch.com/report/clinical-chemistry-analyzer-market
DNA Sequencing Market by Product Type, Technology and,
End User - Global Industry Analysis and Forecast to
2025: https://www.crystalmarketresearch.com/report/dna-sequencing-market
About Crystal Market Research
Crystal
Market Research is a U.S. based market research and business intelligence
company. Crystal offers one stop solution for market research, business
intelligence, and consulting services to help clients make more informed
decisions. It provides both syndicated as well as customized research studies
for its customers spread across the globe. The company offers market
intelligence reports across a broad range of industries including healthcare,
chemicals & materials, technology, automotive, and energy.
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