Clinical Laboratory Services Market 2022 by Product Type, Applications, Manufacturers, Revenue, Pric

From: crystal market research
Published: Tue Nov 21 2017

The latest 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. These Laboratories are used to perform large 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 microarrays and biochips which can process large number of samples at a time will further enhance growth of the global market.
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Key Market Players:

Quest Diagnostics
Sonic Healthcare
Healthscope Ltd.
Spectra Laboratories
ARUP Laboratories
Genoptix Medical Laboratory
Abbott Laboratories
Bio-Reference Laboratories
Labco S.A
Clarient Inc.

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.

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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
Table of content:

1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers Rise in Geriatric Population Increase in Demand for Early Detection Techniques Technological Advancements in Clinical Laboratory Services
3.3.2. Restraints Dearth of Skilled Professionals Strict Government Guidelines
3.3.3. Opportunities Emerging Markets to Offer Lucrative Growth Opportunities
3.4. Industry Trends
4. Clinical Laboratory Services Market, By Test Type
5. Clinical Laboratory Services Market, By Service Provider
5.1. Introduction
5.2. Clinical Laboratory Services Market Assessment and Forecast, By Service Provider, 2016-2025
5.2.1. Clinic-based Laboratories Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.2.2. Hospital-based Laboratories Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.2.3. Stand-alone Laboratories Market Assessment and Forecast, By Region, 2016-2025 ($Million)
6. Clinical Laboratory Services Market , By Region
7. Company Profiles

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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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