Malaysia Clinical Laboratory Services Market is expected to grow with a CAGR of 5.8% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.
Malaysia clinical laboratory services market is a highly consolidated market, including a specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenarios.
The major players dealing in the Malaysia clinical laboratory services market are introducing a strong range of product providers, launching new products, and adopting strategic initiatives such as mergers, partnerships, and agreements. This helped companies to maximize sales with an enhanced product portfolio.
DaVita Inc. is the dominating player in the Malaysia clinical laboratory services market. The other key players in the market include Abbott, Eurofins Scientific, Siemens Healthcare GmbH, Charles River Laboratories, Laboratory Corporation of America Holdings, Syneos Health, Sunway Med lab, PT Kimia Farma Diagnostika, and SGS SA, among others.
DaVita Inc. has headquarters in Colorado, U.S. It has public ownership. The company focuses on elevating the health and quality of life of patients worldwide and continues to expand operations to improve access to health care. The company has various business segments such as U.S. Dialysis and Other Ancillary Services under which Other Ancillary Services is the market-focused segment. The company has service categories such as education, diet, nutrition, treatment and services, tools. The market-focused category is treatment and services.
The company has a wide presence across North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. The company has various subsidiaries such as Astro, Hobby, West Mt. Renal Care (Germany), Austin Dialysis Centers, L.P. (Germany), Bay Area Dialysis (Liechtenstein), Beverly Hills Dialysis (Canada), Bear Creek Dialysis, L.P (Germany) among others.
Sunway Med Lab
Sunway Med Lab is headquartered in Selangor, Malaysia, and was founded in 1999. It has private ownership. The company offers clinical, molecular and pathology laboratory tests. It plays a critical role in prevention, diagnosing, monitoring, and treating a broad range of conditions, including cancer, chronic diseases, and infectious diseases. The company has business segments such as Hospital and Health Care which are also the market-focused segments. Clinical Laboratory Services, Molecular Diagnostic Laboratory Services, Microbiology Laboratory Services, and Anatomical Pathology Laboratory Services are the company’s service categories and the market-focused categories.
The company has a presence across Asia-Pacific. The company has initiated many strategic initiatives to expand its market.
Abbott was founded in the year 1888, and it has headquarters in Illinois, U.S. It has public ownership. The company engaged in creating breakthrough products– in diagnostics, medical devices, nutrition, and branded generic pharmaceuticals– that help the community lead healthier lives and make a lasting impact on health. The company has business segments such as Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices under which Diagnostic Products are the market-focused segment. Core Laboratory, Molecular, Point of Care, and Rapid Diagnostics are the company's product categories under which Rapid Diagnostics is the market-focused category.
The company has a wide presence across North America, South America, Europe, Asia-Pacific, Middle East, and South Africa. The company has various subsidiaries like Abbott Administration Inc(Delaware), Abbott Cardiovascular Systems Inc.(California), Abbott Home Infusion Services of New York, Inc.(New York), Abbott Laboratories (Puerto Rico) Incorporated, EAS Australia Pty Ltd(Australia), Abbott (Cambodia) LLC, Abbott Laboratories A/S(Denmark) among others.
Malaysia Clinical Laboratory Services Market – Industry Trends and Forecast to 2028