According to the latest report by IMARC Group, titled “Clinical Laboratory Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global clinical laboratory services market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026.
We
are regularly tracking the direct effect of COVID-19 on the market, along with
the indirect influence of associated industries. These observations will be
integrated into the report.
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A clinical laboratory provides a wide range of
services, including the diagnosis, treatment, and prevention of diseases and
managing patients. These services assist healthcare professionals in medical
decision-making and personalizing medicines as per the individual's illnesses
and needs. Clinical laboratory services primarily depend on technologically
advanced devices and testing kits to eliminate human error and provide reliable
results.
The rising prevalence of chronic ailments, such
as diabetes and cancer, along with the elevating public awareness towards the
benefits of early disease diagnosis, is primarily driving the clinical
laboratory services market. Moreover, the introduction of several innovative
products, including companion diagnostics, microarrays, biochips, etc., is also
catalyzing the market growth. Besides this, the increasing cases of the
coronavirus disease (COVID-19) are further augmenting the need for laboratory
services to diagnose and combat the spread of infection. Additionally, numerous
key companies are offering point-of-care (POC) and rapid testing kits to
deliver quick and accurate results in real-time. Apart from this, the growing
number of novel drug candidates in clinical trials is further projected to spur
the clinical laboratory services market growth over the forecasted period.
Clinical
Laboratory Services Market 2021-2026 Competitive Analysis and
Segmentation:
Competitive Landscape with Key
Players:
The
competitive landscape of the global clinical laboratory services market has
been studied in the report with the detailed profiles of the key players operating
in the market.
Some
of these key players include:
·
Abbott Laboratories
·
Becton, Dickinson and Company
·
bioMérieux SA
·
Charles River Laboratories
·
F. Hoffmann-La Roche Ltd
·
Illumina Inc.
·
NeoGenomics Laboratories Inc.
·
Quest Diagnostics Incorporated
·
Siemens Healthcare GmbH (Siemens AG)
·
Thermo Fisher Scientific Inc.
Key Market Segmentation:
The
report has segmented the global clinical laboratory services market on the
basis of test type, service provider, application and region.
Breakup by Test Type:
·
Human and Tumor Genetics
·
Clinical Chemistry
·
Medical Microbiology and Cytology
·
Others
Breakup by Service Provider:
·
Hospital-Based Laboratories
·
Stand-Alone Laboratories
·
Clinic-Based Laboratories
Breakup by Application:
·
Bioanalytical and Lab Chemistry Services
·
Toxicology Testing Services
·
Cell and Gene Therapy Related Services
·
Preclinical and Clinical Trial Related Services
·
Drug Discovery and Development Related Services
·
Others
Breakup by Region:
·
North America
·
Asia-Pacific
·
Europe
·
Latin America
·
Middle East and Africa
Explore Full Report with TOC & List of
Figure: https://www.imarcgroup.com/clinical-laboratory-services-market
Key
highlights of the report:
- Market Performance (2015-2020)
- Market
Outlook (2021-2026)
- Industry
Trends
- Market
Drivers and Success Factors
- The Impact
of COVID-19 on the Global Market
- Value Chain
Analysis
- Structure of
the Global Market
- Comprehensive
mapping of the competitive landscape
If you need specific information that is
not currently within the scope of the report, we will provide it to you as a
part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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