openPR Logo
Press release

Clinical laboratory test Market is estimated to grow at the CAGR of 6.5% by 2022

07-10-2017 02:16 PM CET | Health & Medicine

Press release from: Market Research Future - MRFR

Market Highlights

It has been noted that global clinical laboratory test market is growing at steady pace and is expected to grow at the CAGR of 6.5%. Clinical laboratory testing has emerged as the most growing segment of healthcare over the past few years. Clinical laboratory testing includes all routine check-ups and other pathology tests for the diagnosis of various diseases ranging from CBC and other routine blood test, anatomical pathological testing, molecular, immunological, drug testing and other tests for disease diagnosis and treatment.

The rate of various disease and disorder like diabetes, cancer and much infectious disease has risen in last few years. According to the survey by WHO, by 2030 diabetes will be the seventh leading cause of death, in 2012 approximately 1.5 million people died due to diabetes. On other hand 14 million patients in 2012 to 22 million on a yearly basis new cancer cases are been registered. The Centres for Disease Control and Prevention reported that in 2012 alone, US reported 9,945 cases of tuberculosis, 53,800 cases of salmonella, 30,831 new cases of Lyme disease and 551 cases of meningococcal disease. The light footed increment in the chronic disease condition has impact on the demand for clinical laboratory services.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1649

Major Key Players:

• AURORA Diagnostics
• Laboratory Corporation of America
• LifeLabs Medical Laboratories
• Quest Diagnostics
• Sonic Healthcare and others

Regional analysis

North America accounts for the maximum market share of Global Clinical Laboratory testing market and is expected to grow at a CAGR of 6.2% during the forecasted period. Maximum number of laboratories and clinical testing procedures are the major reason for the highest market growth of this region. Asia-Pacific, is expected to be the fastest growing region with the CAGR of 6.8% during the forecasted period mainly because of growing awareness about various medical test, government support in order to improve healthcare sector, innovation of new tests and procedures by major market players. The awareness and patient counselling with respect to medical testing by Asia-Pacific Federation for Clinical Biochemistry and Laboratory Medicines which includes the members from seven nations. Being a large population base, multiplying aging population and continuous advance in healthcare, China clinical laboratory market has been growing radically in recent years.

Taste the market data and market information presented in more than 59 market data tables and 30 figures spread over 88 pages of the project report. Go through the in-depth table of content (TOC) & market synopsis on “Global Clinical laboratory test Market Research Report -Forecast till 2022.”

Access Report Details @ https://www.marketresearchfuture.com/reports/clinical-laboratory-test-market-1649

Segmentation
Global clinical laboratory test market has been segmented on the basis of laboratory type which comprises of hospital based laboratories, central/independent laboratories, physician office laboratory (pol) and others. Furthermore on the bases of laboratory tests the market is segmented into cbc and other routine blood tests, anatomic pathology, molecular tests, immunology tests, drug testing and others.

Globally Clinical Laboratory Testing Market by type of laboratory test is segmented into CBC and routine blood test, anatomical pathology, molecular pathology, immunological testing, drug testing and other routine tests. In 2016, CBC and other routine test accounts for the largest market share of 50.9%, and was valued at USD 105230.6 Million in the same year. This large share is majorly attributed to factor such as increasing outpatient services in hospitals and increasing awareness and concern regarding routine health check-ups. Drug testing laboratory tests are projected to grow at a higher CAGR of 6.9% during the forecasted period due to increase in demand for new drugs for treatment of disease and also due to increased testing relating to prescription drug abuse. Various laboratories in North America provide clinical testing services, Quest diagnostics, and LabCorp are the major providers of these services in North America region and contributes largest market share together. Regulating government policies are the major restricting factor in the clinical laboratory testing market.

Table of Contents

1 Report Prologue
2.1 Introduction
2.2 Scope of Study
2.3 Research Objective
2.4 Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
2.5 Market Structure
3 Research Methodology
Continued…..

Browse Related Statistical Reports

Asia intraoperative neurophysiological monitoring market is expected to grow at a rate of 9.3% during the forecasted period. The major market is accounted by Japan registering $70.9 million revenue and it is expected to reach by $200.1 million by 2027.

https://www.marketresearchfuture.com/statistical-reports/asia-intraoperative-neurophysiological-monitoring-market-3049

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact Info:
Name: Akash Anand
Organization: Market Research Future
Address: Market Research Future Office No. 524/528,
Phone: +1 646 845 9312
Email: akash.anand@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Clinical laboratory test Market is estimated to grow at the CAGR of 6.5% by 2022 here

News-ID: 616291 • Views:

More Releases from Market Research Future - MRFR

Humic Acid Market Expected to Hit USD 1.14 Billion by 2032 with a Remarkable 10.69% CAGR
Humic Acid Market Expected to Hit USD 1.14 Billion by 2032 with a Remarkable 10. …
Humic acid is an organic substance formed through the natural decomposition of plant and animal matter in the soil. It is a key component of humic substances, which also include fulvic acid and humin. Known for its ability to improve soil fertility, enhance nutrient uptake, and stimulate plant growth, humic acid has become an essential input in modern agriculture. Beyond agriculture, it finds applications in horticulture, dietary supplements, animal feed,
Caustic Soda Market Poised to Growth USD 77.98 Billion by 2032 with Thriving CAGR of 6.10%
Caustic Soda Market Poised to Growth USD 77.98 Billion by 2032 with Thriving CAG …
Caustic soda, also known as sodium hydroxide (NaOH), is one of the most widely used industrial chemicals in the world. It is a strong alkali with highly corrosive properties, commonly produced via the chlor-alkali process along with chlorine and hydrogen as co-products. Caustic soda plays a vital role across multiple industries, including pulp and paper, textiles, alumina refining, soaps and detergents, water treatment, food processing, and chemicals manufacturing. The global caustic
Trenchless Pipe Relining Market Set to Grow at an Impressive CAGR of 12.9% Through 2034 | USD 342.15 Billion
Trenchless Pipe Relining Market Set to Grow at an Impressive CAGR of 12.9% Throu …
Trenchless pipe relining is an advanced method of repairing and rehabilitating existing pipelines without the need for extensive excavation. It involves inserting a liner coated with resin into a damaged or corroded pipe, curing it in place, and forming a new structural lining that restores functionality and extends the pipe's service life. This technology has gained significant traction as an efficient, cost-effective, and environmentally friendly alternative to traditional open-cut pipe
Explosives Market Set to Reach USD 40.2 Billion, with a Healthy 2.13% CAGR Till Forecasts 2035
Explosives Market Set to Reach USD 40.2 Billion, with a Healthy 2.13% CAGR Till …
The explosives market encompasses the production, distribution, and application of energetic materials used across a wide range of sectors - from mining, quarrying, and construction to defense, demolition, and special industrial applications. Explosives are engineered formulations designed to release energy rapidly and are typically classified by sensitivity, velocity of detonation, and intended use. While military applications attract attention for their strategic importance, commercial explosives for mining and infrastructure development constitute

All 5 Releases


More Releases for Clinical

Miami Clinical Research Sets the Standard for Clinical Trials
Miami Clinical Research, a frontrunner in the world of clinical trials and medical research, has emerged as the prime choice for global corporate pharmaceutical giants. With a deep understanding of the complexities of medical studies, the organization champions the crucial role of research in the evolution of transformative therapeutic interventions. Miami, FL - Renowned as a first-rate center for professional medical exploration, Miami Clinical Research [https://miamiclinicalresearch.com] boasts state-of-the-art facilities, advanced technologies,
E-Clinical Solutions Market: Revolutionizing Healthcare and Clinical Trials
Introduction The e-Clinical solutions market has become a pivotal component of the healthcare and pharmaceutical industries. E-Clinical solutions refer to a set of software, tools, and platforms designed to streamline clinical trials and healthcare management. These solutions include electronic data capture (EDC), clinical trial management systems (CTMS), laboratory information management systems (LIMS), and other integrated tools that improve the efficiency, accuracy, and speed of clinical trials and healthcare services. The primary
E-Clinical Solutions Market: Revolutionizing Clinical Trials
The e-clinical solutions market has experienced significant growth in recent years, driven by the increasing complexity of clinical trials and the need for efficient, accurate, and compliant data management. E-clinical solutions provide a comprehensive suite of tools and technologies to streamline clinical trial processes, accelerate drug development, and improve patient outcomes. Market Size and Growth The global e-clinical solutions market is estimated to be worth billions of dollars, with a significant portion
Clinical Trials Management System Market Optimizing Clinical Trials: The Crucial …
Clinical Trials Management System Market to reach over USD 5.06 billion by the year 2031- Exclusive Report by InsightAce Analytic InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Clinical Trials Management System Market Size, Share & Trends Analysis Report By Solution Type (Enterprise and Site based), By Delivery Mode (Web & Cloud-based, On-premise), By Component (Software, Services), By End-user (Pharmaceutical and Biotechnology Firms, Medical
Clinical Research and Clinical Trials Summit
Clinical Research 2019 has been designed in an interdisciplinary manner with a multitude of tracks to choose from every segment and provides you with a unique opportunity to meet up with peers from both industry and academia and establish a scientific network between them. We cordially invite all concerned people to come join us at our event and make it successful by your participation. This is the premier interdisciplinary forum for
E-Clinical Trial Solutions Market To Accelerating Clinical Development Technolog …
The study of the "Global e-Clinical Trial Solutions Market" provides the market size information and market trends along with the factors and parameters impacting it in both short and long term. The study ensures a 360° view, bringing out the complete key insights of the industry. The Global e-Clinical Trial Solutions Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the e-Clinical