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Medical And Diagnostic Laboratory Services Market 2023 - Business Overview, Industry Growth Rate, Size, Share Analysis, Global Trends, Development And Forecast To 2032
Medical And Diagnostic Laboratory Services Market
The Business Research Company's Medical And Diagnostic Laboratory Services Market Report 2023 identifies rise in sedentary jobs as the major driver for the Medical And Diagnostic Laboratory Services Market's growth in the forecast period. Long working hours, less physical activity, and unhealthy eating and drinking habits are major causes of chronic diseases such as diabetes. According to the World Health Organization, chronic disease prevalence rose by 57% globally, in 2020.
The global medical and diagnostic laboratory services market grew from $169.87 billion in 2022 to $183.84 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The medical and diagnostic laboratory services market is expected to grow to $240.86 billion in 2027 at a CAGR of 7.0%.
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Major competitors in the Medical And Diagnostic Laboratory Services Market are Laboratory Corporation of America, Eurofins, Quest Diagnostics Incorporated, Sonic Healthcare Limited, Kaiser Permanente.
A key trend in the Medical And Diagnostic Laboratory Services Market includes rising prevalence of self-care diagnostic equipment. These tools can be used by patients without assistance from medical personnel, to diagnose particular disabilities or disorders. Common self-care diagnostic devices include glucose monitoring devices, blood pressure monitoring devices, sleep apnea monitors and temperature monitors. The ease of use of self-care devices has increased demand for them during the last decade and is expected to increase it further during the forecast period.
Read More On The Global Medical And Diagnostic Laboratory Services Market Report Here:
https://www.thebusinessresearchcompany.com/report/medical-and-diagnostic-laboratory-services-global-market-report
The Medical And Diagnostic Laboratory Services Market is segmented -
• By Type: Diagnostic Imaging Centers, Medical Laboratory Services
• By Application: Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Other Applications
• By End User Gender: Male, Female
• By Type of Expenditure: Public, Private
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Medical And Diagnostic Laboratory Services Market.
The Business Research Company's "Global Medical And Diagnostic Laboratory Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Medical And Diagnostic Laboratory Services Market Include:
1. Executive Summary
2. Report Structure
3. Medical And Diagnostic Laboratory Services Market Characteristics
4. Medical And Diagnostic Laboratory Services Market Product Analysis
5. Medical And Diagnostic Laboratory Services Market Supply Chain
………………………………………………………..
21. Medical And Diagnostic Laboratory Services Market Competitive Landscape
22. Key Mergers And Acquisitions In The Medical And Diagnostic Laboratory Services Market
23. Market Background: Healthcare Services Market
24. Recommendations
25. Appendix
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