Clinical Laboratory Services Market valued $342bn by 2024

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Clinical Laboratory Services Market forecast to
grow at 6.4 CAGR from 2016 to 2024 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Clinical Laboratory Services
Market

• Global Market Insights, Inc., Worldwide clinical
  laboratory services market worth USD 196.9
  billion in 2015, will register an annual growth
  rate of 6.4 over the coming seven years.
• Ongoing technological advancements in the
  healthcare infrastructure is drawing a profitable
  roadmap for Clinical laboratory services market
  globally.
• Reportedly, clinical laboratory services cover
  80 of the overall medical diagnosis space,
  claiming a prominent position in the healthcare
  diagnosis spectrum.
• Biochips, microarrays, and companion diagnostics
  are few of the innovative products which are
  witnessing massive adoption rates across the
  testing laboratories.
• Clinics, standalone laboratories, and hospitals
  are key service providers in clinical laboratory
  services market.
• This segment is estimated to register an annual
  growth rate of 7 over the period of 2016-2024.

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Continued...

• Based on the tests carried out, clinical
  laboratory services industry is mainly divided
  into clinical chemistry, other esoteric test,
  medical microbiology cytology, and human
  tumor genetics.
• Geographically, Europe clinical laboratory
  services market will surpass a revenue collection
  of USD 62 billion by 2024.
• U.S. clinical laboratory services industry size
  contributed substantially toward the regional
  growth by collecting a revenue of USD 64 billion
  in 2015 and will exhibit considerable growth rate
  over the period of 2016 to 2024, owing to the
  surging implementation of advanced diagnostic
  technologies.
• Asia pacific clinical laboratory services market
  share is anticipated to generate a revenue of
  more than USD 76 billion by 2024.
• Clinical laboratory services industry is
  consolidated with top four market players- Sonic
  Healthcare, Quest Diagnostics, LabCorp, and
  Genoptix Medical Laboratory having acquired more
  than 45 of the business space in 2015.

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

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Table of Content
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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Table of Content
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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