LAS VEGAS, Oct. 18, 2017 -- The clinical laboratory services market is estimated to be around $348 billion by 2025. This growth can be attributed to number of factors such as rise in elderly population and increase in awareness about diseases and early detection. Geriatric population is more prone towards developing diseases such as neurological and cardiovascular diseases. This has led to increase in demand for screening and early detection techniques, driving the growth of the market. Technological advancements such as biochips, advanced cell assay methods and microarrays will further boost growth of the market. Furthermore, increasing incidence of chronic diseases worldwide will further fuel the market growth. However, dearth of skilled professionals, strict government guidelines, and unfavorable reimbursement policies are expected to restrain the market growth.
Major Key Player
Quest Diagnostics Inc.
Bioscientia Healthcare
Bio-Reference Laboratories
Labco S.A.
Abbott Laboratories
Healthscope Ltd.
Spectra Laboratories
Labcorp
Sonic Healthcare Limited
Siemens Healthcare
Charles River Laboratories
ARUP Laboratories
Genoptix Medical Laboratory
Qiagen
Clarient Inc.
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Clinical Laboratory Services Market Segmentation
By Test Type:
- Human and Tumor Genetics
- Clinical Chemistry
- Medical Microbiology and Cytology
- Other Esoteric Tests
By Service Provider:
- Stand-alone Laboratories
- Hospital-based Laboratories
- Clinic-based Laboratories
By Region:
• North America
- U.S
- Canada
- Mexico
• Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
• Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia-Pacific
• Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- Turkey
- United Arab Emirates
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Table of Contents
- Introduction
- Executive Summary
- Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Rise in Geriatric Population
3.3.1.2. Increase in Demand for Early Detection Techniques
3.3.1.3. Technological Advancements in Clinical Laboratory Services
3.3.2. Restraints
3.3.2.1. Dearth of Skilled Professionals
3.3.2.2. Strict Government Guidelines
3.3.3. Opportunities
3.3.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
3.4. Industry Trends - Clinical Laboratory Services Market, By Product
- Clinical Laboratory Services Market, By Application
- Clinical Laboratory Services Market, By Region
- Company Profiles
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