"Designing Growth Strategies is in our DNA"
Clinical Laboratories are an essential part of the healthcare industry that provides services to assist in the diagnosis and treatment of disease. Clinical laboratory services are playing a vital role in providing analysis in mass volume, also with higher precision and within minimal time. Clinical laboratory services include pathology services, urinalysis, immunology & allergy testing, cholesterol testing, spinal fluid analysis, and others. Clinical laboratory information is helping physicians and therapist to make clinical decisions based on analysis and evidence.
Rising prevalence of chronic diseases such as obesity, diabetes & cardiovascular diseases, and rising outbreaks of viral & bacterial infections are significant factors for the growth of the global clinical laboratory services market. Provision of clinical laboratories to provide rapid, accurate, and cost-effective results is also responsible for driving the clinical laboratory services market during the forecast period. Also, the rising emphasis on preventive care and spreading awareness about periodic health check-ups is expected to drive the global clinical laboratory services market.
To gain extensive insights into the market, Request for Customization
However, lack of healthcare infrastructure, including laboratory analysts and stringent regulations imposed on the development of clinical laboratory in emerging regions are restraining factors for the growth of the global clinical laboratory services market.
Some of the key players present in the global clinical laboratory services market are Clinical Laboratory Services, Inc., Covance Inc., Fresenius Medical Care AG & Co. KGaA, NeoGenomics Laboratories, Inc., Mayo Foundation for Medical Education and Research, SYNLAB International GmbH, Sonic Healthcare, BioReference Laboratories, UNILABS, Laboratory Corporation of America Holdings, Novartis AG, Adicon Holding Limited, and others.
By Laboratory Type
· Speciality Clinical Laboratory
· Integrated Clinical Laboratory
· Hospital owned clinical laboratory
· Standalone clinical laboratory
By End User
· Research Centers
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
· Latin America (Brazil, Mexico, and Rest of Latin America)
· Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
Among the segmentation, the specialty clinical laboratory in the laboratory type segment accounts for larger share due to the increasing focus of the patient population towards prevention of vital disorders. Also, increasing epidemic diseases worldwide are responsible for driving the demand for clinical laboratory services.
Geographically, the global clinical laboratory services market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global clinical laboratory services market in 2017 owing to an aging population, rising prevalence of viral infections, and growth in the prevalence of chronic conditions. Combined with this, rising diagnostic demands, increasing cost control trends amongst hospitals, and constant technological inventions are driving the global clinical laboratory services market. The Asia Pacific and Middle East & Africa also hold huge potential for the growth of global clinical laboratory services owing to the rising awareness against prevention of diseases, and penetration of advanced clinical laboratory services.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry