Clinical Laboratory Services Market is Worth US$ 146 Billion by 2024

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The Clinical Laboratory Services Market is expected to exceed more than US$ 146 Billion by 2024 at a CAGR of 5.2% in the given forecast period.

Market Research Engine has published a new report titled as “Clinical Laboratory Services Market By Type (Clinical Chemistry, Medical Microbiology & Cytology, Human & Tumour Genetics); By Service Providers (Hospital-based Laboratories, Clinic-based Laboratories, Stand-alone Laboratories) and by Regional Analysis - Global Forecast by 2017 - 2024”.

The Clinical Laboratory Services Market is expected to exceed more than US$ 146 Billion by 2024 at a CAGR of 5.2% in the given forecast period.

The Clinical Laboratory Services Market is segmented on the lines of its service providers, end-user and regional. Basis of service providers is segmented into hospital-based laboratories, clinic-based laboratories, and stand-alone laboratories. Based on type it covers clinical chemistry, medical microbiology & cytology, human & tumour genetics, and other esoteric tests. The Clinical Laboratory Services Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

Clinical laboratories are an integral a part of the healthcare trade. All the diagnostic tests, that vary from blood test to genetic analysis, are performed in these clinical laboratories to diagnose completely different diseases. Clinical laboratories provide data and services, that contribute to increasing the mandatory delivery within the health care system comparable to medical specialty and tests results. It assures and provides correct and correct check results that modify physicians to create the correct therapeutic and diagnostic selections through completely different levels of health care resources. It helps professionals to begin, adjust, and also stop a course of treatment, which might be compromised in absence of clinical laboratory services.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Charles River Laboratories International Inc., SYNLAB International GmbH, Sonic Healthcare, NeoGenomics Laboratories Inc., Genomic Health Inc., Fresenius Medical Care, Laboratory Corporation of America Holdings, UNILABS, Quest Diagnostics Incorporated, and Eurofins Scientific among others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

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The Clinical Laboratory Services Market has been segmented as below:

By Type:
• Clinical Chemistry
• Medical Microbiology & Cytology
• Human &Tumour Genetics
• Other Esoteric Tests

By Service Providers:
• Hospital-based Laboratories
• Clinic-based Laboratories
• Stand-alone Laboratories

The major driving factors of Clinical Laboratory Services Market are as follows:
• Technological advancements within the field of clinical testing
• Growing prevalence of target diseases in addition to rising demand for early disease diagnostic tests
• Introduction of novel solutions

The major restraining factors of Clinical Laboratory Services Market are as follows:
• Presence of rigorous restrictive framework

This report provides:
1) An overview of the global market for Clinical Laboratory Services Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Clinical Laboratory Services Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

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The scope of the report includes a detailed study of Clinical Laboratory Services Market with the reasons given for variations in the growth of the industry in certain regions.

Table of Contents:
1. Introduction
2. Research Methodology
3. Report Summary
4. Market Overview
5. Clinical Laboratory Services Market Analysis, By Service Providers
6. Clinical Laboratory Services Market Analysis, By Type
7. Clinical Laboratory Services Market Analysis, By Region
8. Competitive Overview
9. Company Profiles
9.1 Abbott Laboratories
9.2 LabCorp
9.3 ARUP Laboratories
9.4 Spectra Laboratories
9.5 Genoptix
9.6 Quest Diagnostics
9.7 Siemens Healthineers
9.8 Myriad Genetics
9.9 Charles River Laboratories
9.10 Sonic Healthcare
9.11 NeoGenomics Laboratories

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