Wednesday, November 1, 2017
Clinical Laboratory Services Market 2016: Market Size, Industry Analysis Report by Credence Research
Do you like this story?
The latest market report
published by Credence Research, Inc. “Global Clinical
Laboratory Services Market - Growth, Share, Opportunities,
Competitive Analysis, and Forecast, 2016 - 2022,” the clinical
laboratory services market was valued at USD 165.8 Bn in 2015, and is expected
to reach USD 248.5 Mn by 2022, expanding at a CAGR of 5.9% from 2016 to 2022.
Market
Insights
The clinical diagnostic
tests performed by laboratories can be broadly classified into four major
categories, namely, clinical chemistry, medical microbiology & cytology,
human and tumor genetics and other esoteric tests. Ranging from routine blood
and urine tests to high-end genetic analysis including fluorescence in situ
hybridization (FISH), molecular expression testing, etc., clinical laboratories
offer numerous tests that help detect disease progression and abnormalities.
Browse
the full report Clinical Laboratory Services Market - Growth, Share,
Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 at http://www.credenceresearch.com/report/clinical-laboratory-services-market
The three major types of
service providers in this market include hospital-based laboratories,
clinic-based laboratories and stand-alone laboratories. With the increasing
incidence rates of debilitating conditions such as cancer, diabetes and
infectious diseases, the number of patients that will opt for such tests will
continue to increase in the future and thereby increase the demand for these
services. Moreover, the percentage of aged population in the U.S. is expected
to grow to an estimated 20% by 2030. Such a large population of elderly people
in the U.S. alone will lead to high testing volumes for clinical laboratories.
Diagnostics manufacturers such as Roche Holdings, Genomic Health, Abbott
Diagnostics, Qiagen, etc. are focusing their efforts towards developing products
and systems that would enable highly accurate analysis of patient samples and
also enable processing of thousands of samples at a time. This will help
clinical laboratories to cope with the rising demand and in turn ensure revenue
generation.
Market
Competition Assessment:
The clinical laboratory
services market is observed as the most diversified and competitive market
comprising large number of players. The market is dominated by several
players, depending on their major competencies. The key players in this market
are Abbott Laboratories, ARUP Laboratories, Bio-Reference Laboratories,
Bioscientia Healthcare, Charles River Laboratories, Genoptix Medical
Laboratory, Healthscope, Laboratory Corporation Of America Holdings (Labcorp),
Labco S.A., Sonic Healthcare Limited, Spectra Laboratories, Quest Diagnostics,
Inc., Genzyme Corporation, and Siemens.
Key
Market Movements:
- Specialized diagnostic tests have
aided early disease detection which has assisted the overall growth of
clinical laboratory services market
- In clinical laboratory services
market Asia Pacific is expected to grow at the fastest CAGR during the
forecast period due to presence of high unmet medical needs coupled with
rapidly improving healthcare infrastructure in the emerging markets of India
and China are some key drivers of this region
- The independent laboratories sector
is dominated by two players, Quest Diagnostics and Lab Corp, with about
half the share
Request Sample: http://www.credenceresearch.com/sample-request/57986
By
Type
·
Clinical Chemistry
·
Medical Microbiology & Cytology
·
Human & Tumor Genetics
·
Other Esoteric Tests
By
Service Providers
·
Hospital-based Laboratories
·
Clinic-based Laboratories
·
Stand-alone Laboratories
By Application:
- Drug discovery related Services
- Drug development related services
- Bioanalytical & Lab chemistry
services
- Toxicology testing services
- Cell & gene therapy related
services
- Preclinical & clinical trial
related services
- Other clinical laboratory services
Latest Reports:
About: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
Web: http://www.credenceresearch.com
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
Web: http://www.credenceresearch.com
Subscribe to:
Post Comments (Atom)
0 Responses to “Clinical Laboratory Services Market 2016: Market Size, Industry Analysis Report by Credence Research ”
Post a Comment