Press release
Clinical Laboratory Services Market to see Rapid Growth by 2029
Clinical Laboratory Services Market is anticipated to grow at a CAGR of 6.4% during the forecast period. The major factor that is augmenting the growth of the market includes improved healthcare infrastructure in emerging economies. The government policies and regulations are also playing an integral role in the growth of the market. With the pandemic ongoing, the demand for more accurate healthcare systems is resulting in an increased market for clinical laboratory services. However, there are certain factors that are hindering the market growth such as high-cost treatment, the low accuracy rate of the treatment, and stringent FDA policies implemented by several countries across the globe.Further, drug testing is also one of the verticals that have been giving rise to the clinical laboratory services market. Drug testing has become common practice in business, schools, military, retail, and on the streets. Drug abuse testing equipment has positively rewarded individuals and society with the power of regulation and a drug-free healthy environment. Several schools and workplaces have made drug tests mandatory, owing to the familiarity of adverse effects of drugs and alcohol consumption. Universities, schools, and social service groups conduct awareness & seminars about the dangerous effects of drugs. Organizations and workplaces are conducting employee assistance programs (EAPs) to help employees deal with personal and work-related issues, which can affect their work performance. Government initiatives for R&D of drug testing devices and initiatives to tackle illegal drug trafficking further boost the clinical laboratory services market growth.
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Market Coverage
Market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- by Type and Service Providers
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- Abbott Laboratories Inc., Quest Diagnostics Inc., LabCorp, F. Hoffmann La Roche Ltd., Sonic Healthcare Ltd., Thermo Fisher Scientific Inc., Charles River Laboratories International Inc., and more
A full Report of Clinical Laboratory Services Market is Available at: https://www.omrglobal.com/industry-reports/clinical-laboratory-services-market
Clinical Laboratory Services Market Report Segment
By Type
Clinical Chemistry
Medical Microbiology & Cytology
Human & Tumor Genetics
Immunology Testing
Genetic Testing
Other
By Service Provider
Hospital-Based Laboratories
Stand-Alone Laboratories
Clinic-Based Laboratories
Others
Clinical Laboratory Services Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Company Profiles
Abbot Laboratories Inc.
ACM Medical Laboratory
Almac Group
Arup Laboratories
Bio-Reference Laboratories
Bioscientia Healthcare
Charles River Laboratories.
DaVita
Eurofins Scientific
Healthscope LTD.
Intertek
LabCorp
Mayo Medical Laboratories
NeoGenomicsLaboratories, Inc.
QiagenNV
Quest Diagnostics, INC.
Sanofi SA
Sonic Healthcare Ltd.
Synlab Group
Unilabs
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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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