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

Get more details @ http://bit.ly/2gZv1FX <br><br>Global clinical laboratory services market share was dominated by players such as Quest Diagnostics, Sonic Healthcare, LabCorp and Genptix Medical Laboratory. These players collectively grabbed a revenue share of over 45% of overall market in 2015.

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

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  1. Clinical Laboratory Services Market share to hit $342bn by 2024: Fractovia.org Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights ofClinical 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.

  3. 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.

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

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  6. 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

  7. 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. Porter’s analysis 3.6. Company Market Share Analysis, 2015 3.6.1 Strategy dashboard 3.7 PESTEL analysis

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