16.10.2017 Views

Global Clinical Laboratory Services Market to Mid US$ 300 Billion Level by 2024

The global clinical laboratory services market was valued at US$ 168.9 billion in 2015 and is projected to expand at a CAGR of 7.3% during the forecast period (2016 – 2024).

The global clinical laboratory services market was valued at US$ 168.9 billion in 2015 and is projected to expand at a CAGR of 7.3% during the forecast period (2016 – 2024).

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<strong>Clinical</strong> <strong>Labora<strong>to</strong>ry</strong> <strong>Services</strong> <strong>Market</strong> -<br />

GLOBAL INDUSTRY INSIGHTS, TRENDS,<br />

OUTLOOK, AND OPPORTUNITY ANALYSIS, 2017-<br />

2025<br />

© Coherent market Insights. All Rights Reserved


REPORT DESCRIPTION<br />

<strong>Clinical</strong> <strong>Labora<strong>to</strong>ry</strong> <strong>Services</strong> <strong>Market</strong> – Overview<br />

Around 70% of medical decisions are based on lab results, as revealed <strong>by</strong> statistic released <strong>by</strong> Quest Diagnostics.<br />

Thus, optimization of labora<strong>to</strong>ry facilities <strong>to</strong> deliver quality and cost-effective patient care is of utmost importance<br />

for clinical labora<strong>to</strong>ry service providers. The three major types of clinical labora<strong>to</strong>ry service providers are hospitalbased<br />

labora<strong>to</strong>ries, clinic-based labora<strong>to</strong>ries and standalone labora<strong>to</strong>ries. Major fac<strong>to</strong>rs impacting the dynamics of<br />

global clinical labora<strong>to</strong>ry service market include growing aging population, increasing disease burden, and<br />

increasing number of preventive health check-ups.<br />

The global clinical labora<strong>to</strong>ry services market was valued at <strong>US$</strong> 168.9 billion in 2015 and is projected <strong>to</strong> expand at<br />

a CAGR of 7.3% during the forecast period (2016 – <strong>2024</strong>).According <strong>to</strong> the U.S. Census Bureau Report in 2015,<br />

around 8.5% of the world population was aged 65 years and above, which is expected <strong>to</strong> reach 12% of the world<br />

population <strong>by</strong> 2030. Moreover, the report states that growth of the geriatric population would be significantly higher<br />

in developing regions of Asia and Latin America. The report further stats that deaths due <strong>to</strong> non-communicable<br />

diseases such as cardiovascular diseases, lung disorders, cancer, and stroke is increasing at a rapid rate across the<br />

globe. This alarming trend is especially prevalent in the developing countries in Asia, Africa, and Latin America.<br />

Thus, increasing elderly population and growing risk of diseases, especially non-communicable diseases is projected<br />

<strong>to</strong> significantly increase test volumes for clinical labora<strong>to</strong>ry service providers during the forecast period.<br />

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REPORT DESCRIPTION<br />

<strong>Clinical</strong> <strong>Labora<strong>to</strong>ry</strong> <strong>Services</strong> <strong>Market</strong> Segmentation:<br />

<strong>Global</strong> <strong>Clinical</strong> <strong>Labora<strong>to</strong>ry</strong> <strong>Services</strong> <strong>Market</strong>, By Test Type:<br />

●<br />

●<br />

●<br />

●<br />

<strong>Clinical</strong> Chemistry<br />

Medical Microbiology & Cy<strong>to</strong>logy<br />

Human & Tumor Genetics<br />

Other Esoteric Tests<br />

<strong>Global</strong> <strong>Clinical</strong> <strong>Labora<strong>to</strong>ry</strong> <strong>Services</strong> <strong>Market</strong>, By Service Provider:<br />

●<br />

●<br />

●<br />

Clinic-based<br />

Hospital-based<br />

Standalone<br />

Sample Copy Of This Report: https://www.coherentmarketinsights.com/insight/request-sample/87<br />

© Coherent market Insights. All Rights Reserved


REPORT DESCRIPTION<br />

<strong>Clinical</strong> <strong>Labora<strong>to</strong>ry</strong> <strong>Services</strong> <strong>Market</strong>: Key Players<br />

●<br />

●<br />

●<br />

●<br />

●<br />

●<br />

●<br />

●<br />

Abbott Labora<strong>to</strong>ries.<br />

Bio-Reference Labora<strong>to</strong>ries.<br />

ARUP Labora<strong>to</strong>ries.<br />

Charles River Labora<strong>to</strong>ries.<br />

Labco S.A.<br />

Genoptix Medical <strong>Labora<strong>to</strong>ry</strong>.<br />

Quest Diagnostics, Inc.<br />

Healthscope Ltd.<br />

View this report @<br />

https://www.coherentmarketinsights.com/market-insight/clinical-labora<strong>to</strong>ry-services-market-87<br />

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