123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> General >> View Article

Clinical Laboratory Services Marketworth $ 146.41 Billion By 2022 – Exclusive Report By Marketsandmarkets™

Profile Picture
By Author: Prachee
Total Articles: 39
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Clinical Laboratory Services Marketby Specialty (Biochemistry, Endocrinology, Microbiology, Hematology, Cytology, Histopathology, Genetic Testing), Providers (Independent Laboratory, Reference Laboratory, Hospital Laboratory) - Global Forecasts to 2022" The clinical laboratory services market is expected to reach USD 146.41 billion by 2022 from USD 113.4 billion in 2017, at a CAGR of 5.2% during the forecast period. The growth of the market is attributed increasing global burden of target diseases; rising demand for early and accurate disease diagnosis; advancements in clinical diagnostic techniques; growing public-private investments. Research funding & grants to develop innovative laboratory testing procedures and rising government initiatives to improve the quality and affordability of clinical diagnostic testing procedures are expected to offer significant growth opportunities for manufacturers in the coming years.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=554

Browse in-depth TOC on "Clinical Laboratory Services Market”

73 – Tables

31 – Figures

167 ...
... – Pages

Clinical chemistry segment to dominate the market in 2017

Based on specialty, the clinical laboratory services market is categorized into seven major segments, namely, clinical chemistry, microbiology, hematology, immunology, cytology, genetic, and drugs of abuse testing. In 2017, the clinical chemistry segment is expected to command the largest share of the clinical laboratory services market. This large share can be attributed to large volume of clinical chemistry tests performed compared to other specialties, growing global disease burden of chronic and infectious disorders, and technological innovations in clinical chemistry.

Independent and reference laboratories segment is expected to grow at the highest CAGR

By provider, the clinical laboratory services market is segmented into independent and reference laboratories, hospital-based laboratories, and nursing and physician office-based laboratories. The independent and reference laboratories segment is estimated to command the largest share of the market in 2017 and is expected to grow at the highest CAGR during the forecast period. Growth in this segment can be primarily attributed to large number of patient diagnostic tests undertaken in these labs, competitive benefits offered by these providers over hospital-based laboratories, and significant reimbursement coverage.

Request Sample Pages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=554

Europe to dominate the market

In 2017, Europe is expected to account for the largest share of the global clinical laboratory services market. Europe’s leadership position in the market can be attributed to the rising aging population, increasing prevalence of chronic disease conditions, government initiatives to promote awareness about preventive screening, and favorable reimbursement policies for laboratory tests in developed European countries.

Key Player

The clinical laboratory services market is highly competitive with the presence of several small and big players. Some of the players in the clinical laboratory services market include Becton, Dickinson and Company (US), Novo Nordisk A/S (Denmark), Ypsomed Holding AG (Switzerland), Medtronic plc (Ireland), Animas Corporation (US), Tandem Diabetes Care, Inc. (US), Sanofi (France), Biocon Ltd. (India), Eli Lilly and Company (US), and Insulet Corporation (US) Mayo Medical Laboratories (US), Laboratory Corporation of America Holdings (LabCorp) (US), Quest Diagnostics Incorporated (Quest Diagnostics) (US), Spectra Laboratories Inc. (Spectra Laboratories) (US), DaVita Healthcare Partners (Davita) (US), Eurofins Scientific (Luxembourg), Unilabs (Switzerland), SYNLAB International GmbH (SYNLAB International) (Germany), Bio-Reference Laboratories (US), Sonic Healthcare Limited (Sonic Healthcare) (UK), Clinical Reference Laboratory, Inc. (Clinical Reference Laboratory) (US), Cerba HealthCare (France), ACM Medical Laboratory (US), ADICON Clinical Laboratory (China), Amedes Holding GmbH (Amedes) (Germany); and others.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=554

Browse Adjacent Market: Clinical Laboratory Services Market Research Reports & Consulting

Related Reports:

laboratory-equipment-service-market by Type (Repair & Maintenance, Calibration, Validation), Contract (Standard, Custom), Equipment (Analytical, Equipment, General, Support), Service Provider (OEM), and End User (Pharmaceutical) - Global Forecast to 2024

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Aashish Mehra
MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email: sales@marketsandmarkets.com

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/cell-culture-market.asp

Visit Our Website: https://www.marketsandmarkets.com/

Content Source: https://www.marketsandmarkets.com/PressReleases/cell-culture.asp

Total Views: 70Word Count: 778See All articles From Author

Add Comment

General Articles

1. Enhancing Your Online Presence: The Synergy Of Website Design And Seo Packages
Author: Shaganasaral

2. Why Invest In An Uber Clone App For Your Startup
Author: Smith Joe

3. Unleashing The Power Of White Label Crypto Exchange Software For Startups
Author: white label

4. Buy Led Light Therapy For Skin For Radiant And Healthy Skin
Author: Zuzusales LLC

5. Hip Kits And Dining Aids – Improving The Quality Of Life Everyday
Author: Zuzusales LLC

6. 30w 24v Solidrive Electronic Non-dimmable Constant Voltage Driver By Magnitude
Author: David Hessen

7. Navigating Your Journey With Pratham Motors: Maruti Suzuki Driving School In Hsr Layout
Author: Pratham Motors

8. Best Accounting Software For Petrol Pump
Author: sidharthh08877

9. How To Create An Arbitrum Crypto Wallet & Evaluate Its Cost
Author: JohnJames

10. Can An Exchange Traded Fund Give You Good Returns Over The Long Term?
Author: SURAAJ

11. How Should You Plan For Your Retirement?
Author: SURAAJ

12. Harnessing Biological Odour Control Systems For Electronics Corrosion Monitoring
Author: Aqozz

13. Induce More Happiness By Not Searching How To Remove Glance From Lock Screen In Mi!
Author: Jaykant P

14. Choosing The Right Statistical Consultancy Services Africa For Better Results
Author: Stat Consul

15. Global Bottled Water Processing Market: Key Trends And Insights By 2028
Author: sonal

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: