Global Clinical Laboratory Services Market is growing with factors such as the advent of accurate and technologically advanced products and continuous advancements in clinical diagnostic techniques. The surge in public-private investments also acts as a major factor for the growth of the market. Grants to develop innovative laboratory testing and the rise in use of at-home testing tests to diagnose diseases and monitor the health condition on a regular basis has also given a boom to the global clinical laboratory services market.
Increase in the prevalence of target disease among population across the globe has propelled the demand of the market. However, the factors such as the lack of skilled and certified professionals, strict regulatory policies and inaccurate results of tests have decreased the demand of the market.
According to Data Bridge Market Research, the market for global clinical laboratory services in North America has the highest market share followed by Europe and Asia-Pacific. Market leader is Laboratory Corporation of America Holding which accounts an estimated market share of approximately 3.94% in the global clinical laboratory services market. The company has gained outstanding sale by providing novel clinical laboratory services.
Trends Impacting the Market
Now the question is which other regions Laboratory Corporation of America Holdings, Mayo Foundation for Medical Education and Research (MFMER) and DaVita Inc. are targeting? Data Bridge Market Research has forecasted a large growth in North America clinical laboratory services market and the market leaders targeting U.S. and Canada to be their next pocket revenue for 2021.
The global clinical laboratory services market is becoming more competitive with companies like Laboratory Corporation of America Holdings, Mayo Foundation for Medical Education and Research (MFMER) and DaVita Inc. These are the top dominating companies in clinical laboratory services market and have launched novel services in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the global clinical laboratory services market.
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New Market Developments
All country based analysis of the global clinical laboratory services market is further analysed based on maximum granularity into further segmentation. On the basis of specialty, the market is segmented into clinical chemistry testing, haematology testing, microbiology testing, immunology testing, drugs of abuse testing, cytology testing and genetic testing. On the basis of provider, the market is segmented into independent & reference laboratories, hospital-based laboratories and nursing and physician office-based laboratories. On the basis of application, the market is segmented into drug discovery related services, drug development related services, bioanalytical & lab chemistry services, toxicology testing services, cell & gene therapy related services, preclinical & clinical trial related services and other clinical laboratory services. On the basis of service type, the market is segmented into routine testing services, esoteric services and anatomic pathology services.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of clinical laboratory services companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-clinical-laboratory-services-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Clinical Laboratory Services Market – Industry Trends and Forecast to 2028
Europe Clinical Laboratory Services Market – Industry Trends and Forecast to 2028
North America Clinical Laboratory Services Market – Industry Trends and Forecast to 2028
Philippines Clinical Laboratory Services Market – Industry Trends and Forecast to 2028
Malaysia Clinical Laboratory Services Market – Industry Trends and Forecast to 2028
Thailand Clinical Laboratory Services Market – Industry Trends and Forecast to 2028
Indonesia Clinical Laboratory Services Market – Industry Trends and Forecast to 2028
Middle East and Africa Clinical Laboratory Services Market – Industry Trends and Forecast to 2028
Asia-Pacific Clinical Laboratory Services Market – Industry Trends and Forecast to 2028
Philippines Clinical Laboratory Services Market is Expected to Grow at 5.2% CAGR in the Forecast Period of 2021 to 2028
Thailand Clinical Laboratory Services Market is Expected to Grow at 6.2% CAGR in the Forecast Period of 2021 to 2028
Indonesia Clinical Laboratory Services Market is Expected to Grow at 5.8% CAGR in the Forecast Period of 2021 to 2028
Malaysia Clinical Laboratory Services Market is Expected to grow at 5.8% CAGR in the Forecast Period of 2021 to 2028