Clinical Laboratory Services Market to grow at 6.4% CAGR from 2016 to 2024

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Clinical Laboratory Services Market share to hit
342bn by 2024 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights of Clinical Laboratory Services
Market

• Clinical laboratory services market was worth USD
  196.9 billion in 2015 and will exhibit a CAGR of
  6.4 over the coming seven years.
• Clinical laboratory services market is gaining
  popularity across the globe, owing to the growing
  awareness among the exponentially increasing
  aging population regarding the importance of
  early diagnosis.
• Neurological and cardiovascular diseases are
  prominent among the elderly, which will lead to
  massive demand for clinical lab services, thereby
  impelling the business outlook.
• Hospital based laboratories dominated service
  provider segment of clinical laboratory services
  market by collecting a revenue of USD 113.4
  billion in 2015 and will record notable growth
  rate over the years ahead.
• Clinics and stand-alone laboratories are the
  other important service provider segments. The
  high capability of service providers to carry out
  more number of tests at once and the availability
  of a wide range of tests will fuel clinical
  laboratory services market.

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Continued

• Based on the tests conducted, clinical laboratory
  services industry mainly comprises clinical
  chemistry, other esoteric test, human tumor
  genetics, and medical microbiology cytology.
• Clinical chemistry covered more than 47 of the
  market share in 2015 and will record a
  considerable CAGR over the coming timeframe.
• Europe clinical laboratory services industry will
  collect a revenue of more than USD 62 billion by
  2024 with considerable annual growth rate.
• U.S. clinical laboratory services market covered
  a major portion of the regional share with a
  revenue collection of USD 64 billion in 2015 and
  will generate notable revenue by 2024.
• The noteworthy players in clinical laboratory
  services market are Quest Diagnostics,
  Bio-Reference Laboratories, Inc., Sonic
  Healthcare, Charles River Laboratories, Genoptix
  Medical Laboratory, Abbott Laboratories, Labco
  S.A, LabCorp, and Healthscope Ltd.

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U.S. Clinical Laboratory Services Market Size, by
Test, 2012- 2024 (USD Bn)

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Table of Contents
Chapter 1. Methodology and Scope 1.1.
Research Methodology 1.1.1. Initial data
exploration 1.1.2. Statistical modeling and
forecast 1.1.3. Industry insights and
validation 1.2. Data Sources Chapter 2.
Executive Summary 2.1. Clinical Laboratory
Services 3600 synopsis, 2012 - 2024 2.1.1.
Business trends 2.1.2. Regional
trends 2.1.3. Product trends
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Continued
Chapter 3. Clinical Laboratory Services
Industry Insights 3.1. Industry
segmentation 3.2. Industry Size and forecast,
2012 - 2024 3.3. Industry Impact forces 3.3.1.
Growth drivers 3.3.1.1. Growing global
geriatric population base 3.3.1.2. Increasing
prevalence of target diseases 3.3.1.3.
Introduction of innovative solutions 3.3.1.4.
Rising demand for early disease
detection 3.3.2. Industry pitfalls
challenges 3.3.2.1. Presence of ambiguous
regulatory framework 3.4. Growth potential
analysis 3.5. Porters analysis 3.6. Company
Market Share Analysis, 2015 3.6.1 Strategy
dashboard 3.7 PESTEL analysis
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