Press release
Independent Clinical Laboratories (ICL) Market 2020-2025: Assessment and Growth Opportunities by Leading Players - Quest Diagnostics, Labcorp, Biomnis, KingMed, Adicon, DAZD, Kindstar, BML
Independent Clinical Laboratories (ICL) Market
Overview of Global Independent Clinical Laboratories (ICL) Market:
The Global Independent Clinical Laboratories (ICL) Market is anticipated to attain substantial growth by the end of the forecast period (2020-2025). The Global Independent Clinical Laboratories (ICL) Market report explains that this business is predicted to register a noteworthy growth rate over the forecast period.
The Global Independent Clinical Laboratories (ICL) Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Independent Clinical Laboratories (ICL) Market is sub-segmented into Diagnostic Testing Services, Clinical Trials Testing and others. On the basis of Application, the Global Independent Clinical Laboratories (ICL) Market is classified into Enterprises, Medical Organizations and others.
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In terms of the geographic analysis, The Independent Clinical Laboratories (ICL) Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Independent Clinical Laboratories (ICL) Market ecosystem results in the increasing adoption of these systems in North America.
The Independent Clinical Laboratories (ICL) Market research document is a comprehensive analysis of this industry that enumerates information regarding the industry deliverables, such as market share, market size, industry trends, current valuation, and forecast revenue by the end of the projected timeframe. The overview of the business vertical also specifies the growth rate which the Independent Clinical Laboratories (ICL) Market is predicted to register over the estimated duration, propelled by certain factors, a gist of which is unveiled in the report, in tandem with the industry challenges and growth opportunities.
Global Independent Clinical Laboratories (ICL) Market Objectives:
1 To provide detailed information regarding key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the Independent Clinical Laboratories (ICL) Market
2 To analyze and forecast the size of the Independent Clinical Laboratories (ICL) Market, in terms of value and volume
3 To analyze opportunities in the Independent Clinical Laboratories (ICL) Market for stakeholders and provide a competitive landscape of the market
4 To define, segment, and estimate the Independent Clinical Laboratories (ICL) Market based on deposit type and end-use industry
5 To strategically profile key players and comprehensively analyze their market shares and core competencies
6 To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
7 To forecast the size of market segments, in terms of value, with respect to main regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America
8 To track and analyze competitive developments, such as new product developments, acquisitions, expansions, partnerships, and collaborations in the Independent Clinical Laboratories (ICL) Market
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Top Leading Key Manufacturers are: Quest Diagnostics, Labcorp, Biomnis, KingMed, Adicon, DAZD, Kindstar, Daan Gene, BML, SRL, SYNLAB and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Latest Medical Industry News:
Quest Diagnostics (June 23, 2020) - Quest Diagnostics to Expand in Indiana with Acquisition of Outreach Lab Businesses of Community Health Network and Ascension St. Vincent Now Serviced Through Mid America Clinical Laboratories - Quest Diagnostics, the world's leading provider of diagnostic information services, today announced the formation of a definitive multi-pronged agreement designed to optimize the delivery of high quality, innovative diagnostic laboratory services in Indiana.
Through this all-cash equity transaction, Quest will acquire its joint venture partners' interests in Mid America Clinical Laboratories ("MACL") and operate the business by itself. Formed about 20 years ago as a joint venture company by Quest Diagnostics, Ascension St. Vincent and Community Health Network, MACL is now the largest independent clinical laboratory provider in Indiana. Upon closing, Quest will wholly own MACL's laboratory in Indianapolis and approximately 50 patient service centers across Indiana.
As part of the transaction, Quest will also provide professional hospital lab services under long-term service agreements for approximately 30 hospital labs owned and operated by Ascension St. Vincent and Community Health Network. AmeriPath Indiana will continue to provide specialized pathology services to CHN and Ascension St. Vincent as well as to the broader community in Indiana,
Assuming the transaction's completion, providers and patients will benefit from direct access to Quest's broader, high quality and innovative test services in Indiana.
"This transaction delivers on our accelerate growth and operational excellence strategies, which focus on strategically aligned, accretive acquisitions, while bolstering our professional lab services," said Steve Rusckowski, Quest Diagnostics Chairman, CEO and President. "Health systems increasingly turn to Quest Diagnostics to optimize their lab strategies. We are pleased to take this step forward to deliver actionable diagnostic insights to more patients and providers in Indiana."
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Independent Clinical Laboratories (ICL) in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Major Points in Table of Contents:
Global Independent Clinical Laboratories (ICL) Market Report 2020
1 Independent Clinical Laboratories (ICL) Product Definition
2 Global Independent Clinical Laboratories (ICL) Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Independent Clinical Laboratories (ICL) Shipments
2.2 Global Manufacturer Independent Clinical Laboratories (ICL) Business Revenue
2.3 Global Independent Clinical Laboratories (ICL) Market Overview
2.4 COVID-19 Impact on Independent Clinical Laboratories (ICL) Industry
3 Manufacturer Independent Clinical Laboratories (ICL) Business Introduction
3.1 Quest Independent Clinical Laboratories (ICL) Business Introduction
3.2 Labcorp Independent Clinical Laboratories (ICL) Business Introduction
3.3 Biomnis Independent Clinical Laboratories (ICL) Business Introduction
3.4 KingMed Independent Clinical Laboratories (ICL) Business Introduction
3.5 Adicon Independent Clinical Laboratories (ICL) Business Introduction
3.6 DAZD Independent Clinical Laboratories (ICL) Business Introduction
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