Global Clinical Laboratory Services Market Booming Demand Leading To Exponential CAGR Growth By 2028 |DaVita Inc., Eurofins Scientific, UNILABS, SYNLAB International GmbH, MIRACA HOLDINGS Inc
Databridgemarketresearch.com Present “Global Clinical Laboratory Services Market– Industry Trends and Forecast to 2027” new report to its research database. This Global Clinical Laboratory Services Market report considers various factors that have direct or indirect effect on the development of business which includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the industry. For success of business at local, regional as well as international level, this high quality Global Clinical Laboratory Services Market research report is a definitive solution. Clients get fluency with a nice combination of best industry insight, practical solutions, talent solutions and latest technology while using this report for the business growth.
Clinical laboratory services market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.2% in the forecast period of 2020 to 2027 and expected to reach USD 217,941.33 million by 2027 from USD 134,692.52 million in 2019. Rising demand for early and accurate disease diagnosis is the factors for the market growth.
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The major players covered in the report are:-
Mayo Foundation for Medical Education and Research (MFMER), Laboratory Corporation of America Holding, Quest Diagnostics Incorporated, Spectra Laboratories (A Subsidiary of Fresenius Medical Care AG & Co. KGaA), DaVita Inc., Eurofins Scientific, UNILABS, SYNLAB International GmbH, MIRACA HOLDINGS Inc., Sonic Healthcare, ACM Global Laboratories, amedes Group, LifeLabs, Alere (A Subsidiary of Abbott), Charles River, Siemens Healthineers AG, BioReference Laboratories, Inc., NeoGenomics Laboratories, Inc., KingMed Diagnostics, Genomic Health, among other players domestic and global. Clinical laboratory services market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Trends impacting the market
Now the question is which other regions Siemens Healthineers AG and Spectra Laboratories (Subsidiary of Fresenius Medical Care AG & CO. KGAA) are targeting? Data Bridge Market Research has forecasted a large growth in Europe clinical laboratory Services market and the market leaders targeting other European counties to be their next revenue pockets for 2019.
The clinical laboratory Services market is becoming more competitive every year with companies like Siemens Healthineers AG and Spectra Laboratories (Subsidiary of Fresenius Medical Care AG & CO. KGAA) are the market leaders for clinical laboratory services. The Data bridge market research new reports highlight the major growth factors and opportunities in the clinical laboratory services market.
New Clinical Laboratory Services Market Developments in 2019
- In September 2019, Spectra Laboratories announced to construct a 200,000 square foot facility in Southaven’s Stateline Business Park. More than 300 workers would check samples to assess the quality of the patients ‘ kidneys there. Quick distribution of test results by the agency, allowing patients to access the specific care they need in a timely manner. This expansion increases the productivity of the company which increases their market share.
- In September 2018, DaVita Kidney Care, a subsidiary of DaVita Inc., a leading provider of kidney care services, announced the completion of a 150,000 square-foot facility of DaVita Laboratories, a clinical laboratory servicing the DaVita dialysis clinics and their clients. This expansion will increase the market value of the company. In July 2018, Capricor Therapeutics has formed collaboration with the U.S. Army Institute of Surgical Research (USAISR) to discover potential for CAP-2003 (exosomes) in order to address trauma-related conditions and injuries. The collaboration will help to test CAP-2003 as a tool for preservation of life.
Global Clinical Laboratory Services Market By Specialty (Clinical Chemistry Testing, Hematology Testing, Microbiology Testing, Immunology Testing, Drugs of Abuse Testing, Cytology Testing, Genetic Testing), Provider (Hospital-Based Laboratories, Independent & Reference Laboratories, Nursing and Physician Office-Based Laboratories), Application (Bioanalytical & Lab Chemistry Services, Drug Development Related Services, Drug Discovery Related Services, Toxicology Testing Services, Cell & Gene Therapy Related Services, Preclinical & Clinical Trial Related Services, Other Clinical Laboratory Services), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Market Trends and Forecast to 2027
Scope of the Clinical Laboratory Services Market
Global Clinical Laboratory Services Market is segmented on the basis of countries into U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Brazil, South Africa among others.
All country based analysis of the clinical laboratory services market is further analyzed based on maximum granularity into further segmentation. On the basis of specialty, the market is segmented into clinical chemistry testing, microbiology testing, hematology testing, immunology testing, cytology testing, genetic testing and drugs of abuse testing. Based on provider, the market is segmented into independent & reference laboratories, hospital-based laboratories, nursing and physician office-based laboratories. On the basis of application, the market is segmented into drug discovery related services, drug development related services, bioanalytical & lab chemistry services, toxicology testing services, cell & gene therapy related services, preclinical & clinical trial related services and other clinical laboratory services.
Table of Contents-Snapshot
– Executive Summary
Chapter 1 Industry Overview
Chapter 2 Industry Competition by Manufacturers
Chapter 3 Industry Production Market Share by Regions
Chapter 4 Industry Consumption by Regions
Chapter 5 Industry Production, Revenue, Price Trend by Type
Chapter 6 Industry Analysis by Applications
Chapter 7 Company Profiles and Key Figures in Industry Business
Chapter 8 Industry Manufacturing Cost Analysis
Chapter 9 Marketing Channel, Distributors and Customers
Chapter 10 Market Dynamics
Chapter 11 Industry Forecast
Chapter 12 Research Findings and Conclusion
Chapter 13 Methodology and Data Source
Key Pointers Covered in the Clinical Laboratory Services Market Industry Trends and Forecast to 2027
- Clinical Laboratory Services Market Size
- Clinical Laboratory Services Regulatory Scenario
- Clinical Laboratory Services Market Shares in different regions
- Clinical Laboratory Services Recent Developments for Market Competitors
- Clinical Laboratory Services Recent market value for different regions
- Clinical Laboratory Services key vendors and disruptors study
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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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