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Medical And Diagnostic Laboratory Services Global Market Report 2018 Sample

The global medical and diagnostic laboratory services market was valued at around $201 billion in 2017. Read More: https://www.thebusinessresearchcompany.com/report/medical-and-diagnostic-laboratory-services-global-market-report-2018

The global medical and diagnostic laboratory services market was valued at around $201 billion in 2017. Read More: https://www.thebusinessresearchcompany.com/report/medical-and-diagnostic-laboratory-services-global-market-report-2018

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<strong>Medical</strong> <strong>And</strong> <strong>Diagnostic</strong><br />

<strong>Laboratory</strong> <strong>Services</strong><br />

<strong>Global</strong> <strong>Market</strong> <strong>Report</strong> <strong>2018</strong><br />

Including: <strong>Medical</strong> Laboratories; <strong>Diagnostic</strong> Imaging Centers<br />

Covering: Quest <strong>Diagnostic</strong>s Inc., Sonic Healthcare Limited, Eurofins, OPKO Health Inc., <strong>Medical</strong> <strong>And</strong><br />

<strong>Diagnostic</strong> <strong>Laboratory</strong> <strong>Services</strong><br />

Feb <strong>2018</strong>


Reasons to Purchase<br />

• Outperform competitors using accurate up to date demand-side dynamics<br />

information.<br />

• Identify growth segments for investment.<br />

• Facilitate decision making on the basis of historic and forecast data and the<br />

drivers and restraints on the market.<br />

• Create regional and country strategies on the basis of local data and analysis.<br />

• Stay abreast of the latest customer and market research findings<br />

• Benchmark performance against key competitors.<br />

• Develop strategies based on likely future developments.<br />

• Utilize the relationships between key data sets for superior strategizing.<br />

• Suitable for supporting your internal and external presentations with reliable high<br />

quality data and analysis<br />

• Gain a global perspective on the development of the market.<br />

• <strong>Report</strong> will be updated with the latest data and delivered to you within 3-5<br />

working days of order.<br />

Scope<br />

<strong>Market</strong>s Covered: <strong>Medical</strong> Laboratories; <strong>Diagnostic</strong> Imaging Centers<br />

Companies Mentioned: Quest <strong>Diagnostic</strong>s Inc., Sonic Healthcare Limited, Eurofins, OPKO<br />

Health Inc., <strong>Medical</strong> <strong>And</strong> <strong>Diagnostic</strong> <strong>Laboratory</strong> <strong>Services</strong><br />

Countries: Brazil, China, France, Germany, India, Italy, Japan, Spain, Russia, UK, USA and<br />

Australia.<br />

Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America,<br />

Middle East <strong>And</strong> Africa<br />

Time series: Five years historic and forecast.<br />

Data: Ratios of market size and growth to related markets, GDP, Expenditure Per Capita,<br />

<strong>Medical</strong> <strong>And</strong> <strong>Diagnostic</strong> <strong>Laboratory</strong> <strong>Services</strong> Indicators Comparison.<br />

Data segmentations: Country and regional historic and forecast data, market share of<br />

competitors, market segments.<br />

Sourcing and Referencing: Data and analysis throughout the report is sourced using end<br />

notes.


<strong>Medical</strong> <strong>And</strong> <strong>Diagnostic</strong><br />

<strong>Laboratory</strong> <strong>Services</strong> <strong>Market</strong><br />

Characteristics<br />

<strong>Medical</strong> and diagnostic laboratories perform tests on clinical specimens in order to<br />

gain insights and information on patients' health conditions. Tests performed on<br />

the clinical specimens’ aid in the diagnosis, treatment, and prevention of diseases.<br />

These laboratories are distinct from the medical research laboratories involved in<br />

development of new drugs and treatments. The medical and diagnostic laboratory<br />

services industry comprises establishments primarily engaged in the detection and<br />

prevention of disease. These establishments can be broadly classified as medical<br />

and diagnostic laboratories and diagnostic imaging centers.<br />

The segments that are covered include –<br />

<strong>Medical</strong> Laboratories provide analytic or diagnostic services, including body fluid<br />

analysis, to patients' doctors and/or directly to patients themselves following<br />

submission of<br />

<strong>Medical</strong> Laboratories is further sub-segmented into<br />

I. Clinical Chemistry Testing <strong>Services</strong><br />

II. Hematology Testing <strong>Services</strong><br />

III. Microbiology Testing <strong>Services</strong><br />

IV. Others


<strong>Diagnostic</strong> Imaging Centers generate diagnostic images of patients who are<br />

referred by health practitioners. <strong>Diagnostic</strong> imaging centers include Computer<br />

Tomography (CT-scan) centers,<br />

<strong>Diagnostic</strong> Imaging Centers is further sub-segmented into<br />

I. Computer Tomography (CT-Scan) Centers<br />

II. <strong>Medical</strong> Radiological Laboratories<br />

III. Dental or <strong>Medical</strong> X-Ray Laboratories<br />

IV. Ultrasound Imaging Centers<br />

V. Magnetic Resonance Imaging (MRI) Centers<br />

<strong>Medical</strong> and diagnostic labs primarily employ health care professionals such as<br />

medical and diagnostic lab health practitioners. These professionals perform<br />

various tests to detect and<br />

In this report market value is defined as the revenues organizations earn by selling<br />

their goods and services within the specified market, based on the price at which<br />

they sell. Only goods and services traded between entities are included.<br />

The revenues for a specified geography are consumption values – that is, they are<br />

revenues generated by organizations in the specified geography within the<br />

specified market, irrespective of where they are produced.


<strong>Medical</strong> <strong>And</strong> <strong>Diagnostic</strong><br />

<strong>Laboratory</strong> <strong>Services</strong> <strong>Market</strong><br />

Historic Growth<br />

The global medical and diagnostic laboratory services market grew from $X billion<br />

in 2013 to $X billion in 2017 at a compound annual growth rate (CAGR) of X%.<br />

The chart and table below shows the year-on-year growth of the global medical<br />

and diagnostic laboratory services market during 2013 – 2017.<br />

Drivers of the <strong>Market</strong>:<br />

Restraints on the <strong>Market</strong>:


<strong>Medical</strong> <strong>And</strong> <strong>Diagnostic</strong><br />

<strong>Laboratory</strong> <strong>Services</strong> <strong>Market</strong><br />

Forecast Growth<br />

The global <strong>Medical</strong> <strong>And</strong> <strong>Diagnostic</strong> <strong>Laboratory</strong> <strong>Services</strong> market grew from $XX<br />

billion in 2017 to $245.2 billion in 2021 at a compound annual growth rate (CAGR)<br />

of XX%.<br />

The chart and table below shows the year-on-year growth of the global medical<br />

and diagnostic laboratory services market during 2017 - 2021.<br />

Drivers of the <strong>Market</strong>:<br />

Restraints on the <strong>Market</strong>:


<strong>Medical</strong> <strong>And</strong> <strong>Diagnostic</strong><br />

<strong>Laboratory</strong> <strong>Services</strong> <strong>Market</strong><br />

Segmentation<br />

The chart and table below shows the split of the medical and diagnostic<br />

laboratory services market in 2017.<br />

The total market value for medical and diagnostic laboratory services was $X billion<br />

in 2017. The markets that are covered include <strong>Medical</strong> Laboratories and <strong>Diagnostic</strong><br />

Imaging Centers.<br />

<strong>Medical</strong> Laboratories was the x largest segment in the medical and diagnostic<br />

laboratory services market with X% share of the market. The market value for the<br />

medical laboratories was $x billion in 2017.<br />

<strong>Medical</strong> Laboratories market is further segmented into Clinical Chemistry Testing<br />

<strong>Services</strong>, Hematology Testing <strong>Services</strong>, Microbiology Testing <strong>Services</strong>, and Others.


The chart and table below shows the split of the global medical laboratories market<br />

in 2017.<br />

<strong>Diagnostic</strong> Imaging Centers made up around X% share of the market. The market<br />

value for the diagnostic imaging centers was $x billion in 2017.<br />

<strong>Diagnostic</strong> Imaging Centers market is further segmented into Computer<br />

Tomography (CT-Scan) Centers, <strong>Medical</strong> Radiological Laboratories, Dental or<br />

<strong>Medical</strong> X-Ray Laboratories, Ultrasound Imaging Centers and Magnetic Resonance<br />

Imaging (MRI) Centers.


The chart and table below shows the split of the global medical and diagnostic<br />

laboratory services market in 2017.


<strong>Medical</strong> <strong>And</strong> <strong>Diagnostic</strong><br />

<strong>Laboratory</strong> <strong>Services</strong> <strong>Market</strong><br />

Regional <strong>And</strong> Country Analysis<br />

The Asia Pacific was the largest region in the medical and diagnostic laboratory<br />

services market in 2017, medical and diagnostic laboratory services for $X billion or<br />

38% market share.<br />

North America was the x largest region medical and diagnostic laboratory services<br />

for $X billion or X% market share.<br />

Western Europe was the x largest region medical and diagnostic laboratory services<br />

for $X billion or X% market share.


<strong>Medical</strong> <strong>And</strong> <strong>Diagnostic</strong><br />

<strong>Laboratory</strong> <strong>Services</strong> <strong>Market</strong><br />

Competitive Landscape<br />

The leading competitors in the global medical and diagnostic laboratory services<br />

market are Quest <strong>Diagnostic</strong>s Inc., Sonic Healthcare Limited, Eurofins, OPKO Health<br />

Inc., <strong>Medical</strong> <strong>And</strong> <strong>Diagnostic</strong> <strong>Laboratory</strong> <strong>Services</strong>.<br />

The chart and table below displays the percentage market share of the top players<br />

in the medical and diagnostic laboratory services market industry.<br />

Company Profile<br />

Quest <strong>Diagnostic</strong>s Inc.<br />

Overview<br />

Quest <strong>Diagnostic</strong>s was incorporated in Delaware in 1990 and is currently<br />

headquartered in New Jersey, USA. Quest <strong>Diagnostic</strong>s primarily offers<br />

clinical testing services. It operates more than XX patient service centers<br />

and has a network of medical staff of more than XX MDs and PhDs. The


company also operates clinical laboratories in India, England, Mexico and<br />

Puerto Rico.<br />

Products and <strong>Services</strong><br />

Quest <strong>Diagnostic</strong>s operates through two business divisions – <strong>Diagnostic</strong><br />

Information <strong>Services</strong> and <strong>Diagnostic</strong> Solutions.<br />

• <strong>Diagnostic</strong> Information <strong>Services</strong> – This business division develops and<br />

delivers diagnostic testing information and services. Through this division<br />

• <strong>Diagnostic</strong> Solutions – This business division offers a variety of<br />

solutions for insurers and healthcare providers. <strong>Services</strong> offered by the<br />

company through this division include<br />

Strategy<br />

Quest <strong>Diagnostic</strong>s started to focus on a five-point business strategy from<br />

November 2012. The strategy focuses on restoring growth, driving<br />

operational excellence, simplifying the<br />

Financial Performance<br />

Quest <strong>Diagnostic</strong>s generated revenues of $XX billion for the financial year<br />

2016, an XX% increase from the previous year. The company had a<br />

Sonic Healthcare Limited<br />

Overview<br />

Products and <strong>Services</strong><br />

Strategy<br />

Financial Performance


Eurofins<br />

Overview<br />

Products and <strong>Services</strong><br />

Strategy<br />

Financial Performance<br />

OPKO Health Inc.<br />

Overview<br />

Products and <strong>Services</strong><br />

Strategy<br />

Financial Performance<br />

<strong>Medical</strong> <strong>And</strong> <strong>Diagnostic</strong> <strong>Laboratory</strong> <strong>Services</strong><br />

Overview<br />

Products and <strong>Services</strong><br />

Strategy<br />

Financial Performance

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