Clinical Laboratory Services Market Size to Hit USD 36717.9 Mn by 2025: Brand Essence Market Research, Inc.
Clinical Laboratory Services Market is valued at USD 23016.2 Million in 2018 and expected to reach USD 36717.9 Million by 2025 with the CAGR of 6.9% over the forecast period.
Global clinical laboratory services market report is segmented on the basis of type, service providers and regional & country level. Based on type, global clinical laboratory services market is classified as clinical chemistry, medical microbiology & cytology, human & tumor genetics, and other esoteric tests. Based upon service providers, global clinical laboratory services market is classified into hospital-based laboratories, clinic-based laboratories and stand-alone laboratories.
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Growing incidences of several orthopedic disorders, arrival of 3D imaging technology and rising preference to portable point-of-care devices are the some of the major factors driving the market growth.
Clinical Laboratory Services Market Key Players –
Global clinical laboratory services market report covers prominent player like.
Sonic Healthcare Limited
OPKO Health, Inc.
Quest Diagnostics, Inc.
Cinven, Sanofi S.A.
Novartis International AG,
Clinical laboratory services are tests provided by medical labs which helps in diagnosis and treatment of patients. This includes a public health role in detection, prevention, and control of communicable diseases. These laboratories are manned by medical technologist (clinical laboratory scientist) who is trained to perform various tests to sample of biological specimens collected from its patients. Most of the clinical laboratories are suited within or near hospital facilities to provide easy access to both physicians and their patients. Clinical laboratory services are almost cost effective, and least invasive source of the objective information used in clinical decision-making. Clinical laboratory services have a straight impact on many aspects of patient care including, but not limited to length of stay, patient safety, resource utilization and customer satisfaction. Thus, the clinical laboratory professional is a crucial partner in providing patient care, and making direct improvements in the lives of patients, in the maintenance of the public’s health, and in the efficacy of individual health care providers.
The regions covered in this clinical laboratory services market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of clinical laboratory services is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Market Dynamics –
Clinical laboratory services market is in its developing stage due to the increasing incidence rate of diabetes, cancer, and other infectious diseases; as the number of patient pool increases and leads to foster the demand for clinical laboratory services. According to National Cancer Institute, the number of new cases of cancer is 439.2 per 100,000 men and women per year between 2011-2015 cases. The number of cancer deaths is 163.5 per 100,000 men and women per year between 2011-2015 cases. However, factors such as inadequate reimbursements, lack of skilled professionals, and stringent government policies may hinder the growth of the market. Additionally, independent laboratories are also anticipated to grow at a higher CAGR during the forecast period, due to the increase in initiatives by significant market players to introduce innovative solutions in disease detection technology have open wider opportunity to the growth of the market.
North America dominates the clinical laboratory services market due to the presence of key players that provide advanced test solutions and the rise in chronic diseases prone elderly population in this region. According to National Health Council, generally incurable and ongoing, chronic diseases affect approximately 133 million Americans, representing more than 40% of the total population of this region. By 2020, that number is projected to grow too an estimated 157 million, with 81 million having multiple conditions. Asia Pacific is the third largest market for clinical laboratory services market due to rising need of clinical laboratory services in developing countries like India and China.
Key Benefits for Market Report–
Global Clinical Laboratory Services Market report covers in depth historical and forecast analysis.
Global Clinical Laboratory Services Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Clinical Laboratory Services Market report helps to identify opportunities in market place.
Global Clinical Laboratory Services Market report covers extensive analysis of emerging trends and competitive landscape.
Clinical Laboratory Services Market Segmentation:–
By Type:- Clinical Chemistry, Medical Microbiology & Cytology, Human & Tumor Genetics, Other Esoteric Tests
By Service Provider:- Hospital-Based Laboratories, Clinic-Based Laboratories, Stand-Alone Laboratories
Key Benefits for Global Telehealth Market Reports –
- Global market report covers in depth historical and forecast analysis.
- Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global market report helps to identify opportunities in market place.
- Global market report covers extensive analysis of emerging trends and competitive landscape.
– North America (U.S., Canada, Mexico)
– Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
– Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
– Latin America (Brazil, Rest of L.A.)
– Middle East and Africa (Turkey, GCC, Rest of Middle East)
Table of Content
1 Study Coverage
1.1 Clinical Laboratory Services Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Clinical Laboratory Services Market Size
2.1.1 Global Clinical Laboratory Services Revenue 2014-2025
2.1.2 Global Clinical Laboratory Services Production 2014-2025
2.2 Clinical Laboratory Services Growth Rate (CAGR) 2020-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Clinical Laboratory Services Manufacturers
22.214.171.124 Clinical Laboratory Services Manufacturing Base Distribution, Headquarters
126.96.36.199 Manufacturers Clinical Laboratory Services Product Offered
188.8.131.52 Date of Manufacturers Enter into Clinical Laboratory Services Market
2.4 Key Trends for Clinical Laboratory Services Markets & Products
3 Market Size by Manufacturers
3.1 Clinical Laboratory Services Production by Manufacturers
3.1.1 Clinical Laboratory Services Production by Manufacturers
3.1.2 Clinical Laboratory Services Production Market Share by Manufacturers
3.2 Clinical Laboratory Services Revenue by Manufacturers
3.2.1 Clinical Laboratory Services Revenue by Manufacturers (2014-2020)
3.2.2 Clinical Laboratory Services Revenue Share by Manufacturers (2014-2020)
3.3 Clinical Laboratory Services Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 Clinical Laboratory Services Production by Regions
4.1 Global Clinical Laboratory Services Production by Regions
4.1.1 Global Clinical Laboratory Services Production Market Share by Regions
4.1.2 Global Clinical Laboratory Services Revenue Market Share by Regions
4.2 North America
4.2.1 North America Clinical Laboratory Services Production
4.2.2 North America Clinical Laboratory Services Revenue
4.2.3 Key Players in North America
4.2.4 North America Clinical Laboratory Services Import & Export
4.3.1 Europe Clinical Laboratory Services Production
4.3.2 Europe Clinical Laboratory Services Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Clinical Laboratory Services Import & Export
4.4.1 China Clinical Laboratory Services Production
4.4.2 China Clinical Laboratory Services Revenue
4.4.3 Key Players in China
4.4.4 China Clinical Laboratory Services Import & Export
4.5.1 Japan Clinical Laboratory Services Production
4.5.2 Japan Clinical Laboratory Services Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Clinical Laboratory Services Import & Export
5 Clinical Laboratory Services Consumption by Regions
5.1 Global Clinical Laboratory Services Consumption by Regions
5.1.1 Global Clinical Laboratory Services Consumption by Regions
5.1.2 Global Clinical Laboratory Services Consumption Market Share by Regions
5.2 North America
5.2.1 North America Clinical Laboratory Services Consumption by Application
5.2.2 North America Clinical Laboratory Services Consumption by Countries
5.2.3 United States
5.3.1 Europe Clinical Laboratory Services Consumption by Application
5.3.2 Europe Clinical Laboratory Services Consumption by Countries
5.4 Asia Pacific
5.4.1 Asia Pacific Clinical Laboratory Services Consumption by Application
5.4.2 Asia Pacific Clinical Laboratory Services Consumption by Regions
5.4.5 South Korea
5.5 Central & South America
5.5.1 Central & South America Clinical Laboratory Services Consumption by Application
5.5.2 Central & South America Clinical Laboratory Services Consumption by Country
5.6 Middle East and Africa
5.6.1 Middle East and Africa Clinical Laboratory Services Consumption by Application
5.6.2 Middle East and Africa Clinical Laboratory Services Consumption by Countries
5.6.4 GCC Countries
5.6.6 South Africa
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