ALBANY, New York, October 3, 2013 /PRNewswire/ --
According to a new market report published by Transparency Market Research "Clinical Laboratory Services Market (Clinical Chemistry, Medical Microbiology & Cytology, Human & Tumor Genetics and Other Esoteric Tests) -Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global clinical laboratory services market was valued at USD 162.71 billion in 2012 and is expected to grow at a CAGR of 5.8% from 2013 to 2019, to reach an estimated value of USD 241.37 billion in 2019.
Browse the full report with complete TOC athttp://www.transparencymarketresearch.com/clinical-laboratory-services-market.html
Clinical laboratories refer to the centers for conducting diagnostic testing and related services to identify disease causes, level of progression (stage) of the disease, resultant abnormalities and imbalances in the physiology, and other such factors. Along with processing samples and generating patient reports, players in this market also offer informatics solutions which help in effective data management for the large volume of tests ordered and performed each day. The global market for clinical laboratory services is expected to grow at a CAGR of 5.8% during the forecast period due to the increasing incidence rates of diseases worldwide along with the introduction of newer and sophisticated diagnostic tests.
The market for clinical laboratory services has been segmented by different categories of tests performed such as clinical chemistry, genetic tests, medical microbiology & cytology tests and other esoteric tests. The market for medical microbiology & cytology tests is expected to grow at the highest CAGR of 7.1% during the forecast period due to the increasing burden of infectious diseases globally, that demands large testing volume capacities from clinical laboratories. Although core laboratory tests, which constitute the clinical chemistry market segment, are basic tests extensively conducted across patient populations, this market segment is expected to witness mediocre growth at a CAGR of 5.3%. This is due to the limited scope for innovation in this market in terms of developing newer tests and the growing importance of informatics solutions in the same.
On the basis of geographic regions, this market was studied with reference to North America, Europe, Asia-Pacific and Rest of the World. North America and Asia-Pacific regions are expected to emerge as highly attractive markets for clinical laboratory services in the future, in terms of market revenue and growth respectively. The market is divided into three major types of service providers- clinic-based, hospital-based and stand-alone laboratories. Of these, hospital-based laboratories generate the maximum revenue globally are expected to continue to do so during the forecast period.
The market for clinical laboratory services is fragmented, with Quest Diagnostics, Inc. (U.S.) and Laboratory Corporation of America Holdings (U.S.) dominating the market in terms of revenue generation. Some of the other key players include Sonic Healthcare (Australia), Genoptix Medical Laboratory (U.S.), Labco S.A. (France), Healthscope Ltd. (Australia), Bio-Reference Laboratories (U.S.), and Bioscientia Healthcare (Germany).
Related & Recently Published Reports by Transparency Market Research
The global clinical laboratory services market is segmented as follows:
Clinical Laboratory Services Market, by Test Type
Read the original here:
Clinical Laboratory Services Market is Expected to Reach USD 241.37 Billion Globally in 2019: Transparency Market ...
- Monoclonal antibody production by hybridoma technique explained [Last Updated On: October 11th, 2010] [Originally Added On: October 11th, 2010]
- Humoral immunity [Last Updated On: October 11th, 2010] [Originally Added On: October 11th, 2010]
- Introduction to Microbiology Culture Techniques [Last Updated On: August 27th, 2011] [Originally Added On: August 27th, 2011]
- Microbiology 2: Prokaryotes and Eukaryotes [Last Updated On: August 27th, 2011] [Originally Added On: August 27th, 2011]
- Microbiology [Last Updated On: August 27th, 2011] [Originally Added On: August 27th, 2011]
- Human Physiology : What Is Microbiology? [Last Updated On: August 27th, 2011] [Originally Added On: August 27th, 2011]
- Microbiologist [Last Updated On: August 27th, 2011] [Originally Added On: August 27th, 2011]
- Lecture 18 Introduction to Microbiology [Last Updated On: August 27th, 2011] [Originally Added On: August 27th, 2011]
- microbiology final review [Last Updated On: August 27th, 2011] [Originally Added On: August 27th, 2011]
- A Day in the Life - Microbiologist [Last Updated On: August 27th, 2011] [Originally Added On: August 27th, 2011]
- Microbiology Open House [Last Updated On: August 27th, 2011] [Originally Added On: August 27th, 2011]
- Microbiology Dilution series demonstration [Last Updated On: August 27th, 2011] [Originally Added On: August 27th, 2011]
- MCQ in Microbiology : DoctorKC [Last Updated On: August 31st, 2011] [Originally Added On: August 31st, 2011]
- Microbiology Movie [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Microbiology Pure Culture Technique [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Wastewater Microbiology [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Microbiology and Parasitology Case Study Mycobacterium Tuberculosis [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Lecture 19 Microbiology [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Pharmaceutical Microbiology [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Quest Diagnostics Department of Molecular Microbiology Summer Blast 2009 [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Koch's Postulates: an introduction to microbiology [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Microbiology: Streaking for Isolation [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Anatomy and Physiology, Microbiology, Pathophysiology Videos [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Duke Graduate Program in Molecular Genetics and Microbiology [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Hot Topics in Diagnostic Microbiology: Chlamydia and Asthma [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Tim Day - Undergraduate Microbiology Research [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Microbiology Practice Test Chapter 1 part 2/3 [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Welcome to Microbiology at NUI Galway [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Microbiology degree, college program interview from drkit.org [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- Microbiology: Aseptic Transfer [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- Improving Soils with Microbiology [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- Microbiology Practice Test Chapter 1 part 1/3 [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- Microbiologists Careers Overview [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- Biology 1AL - Lecture 2: Lab 2 - Enzymes, Microbiology-Vibri [Last Updated On: September 25th, 2011] [Originally Added On: September 25th, 2011]
- Day in the Life - Microbiology / Virology - Prof Bill Rawlinson [Last Updated On: September 25th, 2011] [Originally Added On: September 25th, 2011]
- Laboratory Manager Job (Microbiology) - London, UK [Last Updated On: September 25th, 2011] [Originally Added On: September 25th, 2011]
- Assuring Quality in Microbiology Diagnostics [Last Updated On: September 25th, 2011] [Originally Added On: September 25th, 2011]
- Microbiology Testing Innovations for China and The World [Last Updated On: September 25th, 2011] [Originally Added On: September 25th, 2011]
- TRINITY V3 Industrial Microbiology System [Last Updated On: September 26th, 2011] [Originally Added On: September 26th, 2011]
- Microbiology Advancing Translational Medicine [Last Updated On: September 27th, 2011] [Originally Added On: September 27th, 2011]
- Advancing Microbiology Testing Technology [Last Updated On: September 27th, 2011] [Originally Added On: September 27th, 2011]
- Biology 1AL - Lecture 2: Lab 3: Enzymes, Microbiology-Vibrio [Last Updated On: September 28th, 2011] [Originally Added On: September 28th, 2011]
- Microbiological Fuel Contamination [Last Updated On: September 28th, 2011] [Originally Added On: September 28th, 2011]
- Microbiology Streaking Plates [Last Updated On: September 30th, 2011] [Originally Added On: September 30th, 2011]
- Lecture 2: Essentials of Microbiology, Introduction to Microfluidics [Last Updated On: October 2nd, 2011] [Originally Added On: October 2nd, 2011]
- Healthwatch: PRHC Microbiology Lab [Last Updated On: October 6th, 2011] [Originally Added On: October 6th, 2011]
- SOIL not DIRT - Dr Elaine Ingham talks Soil Microbiology [Last Updated On: October 7th, 2011] [Originally Added On: October 7th, 2011]
- The Microbiology of Reptiles - Video [Last Updated On: October 13th, 2011] [Originally Added On: October 13th, 2011]
- Microbiology - Video [Last Updated On: October 13th, 2011] [Originally Added On: October 13th, 2011]
- Safer Sprouts - Part 6 - Sampling and MIcrobiological Testing - Video [Last Updated On: October 14th, 2011] [Originally Added On: October 14th, 2011]
- Microbiology movie - Video [Last Updated On: October 14th, 2011] [Originally Added On: October 14th, 2011]
- Kaplan's USMLE Step 1 Program Preview: Microbiology - Video [Last Updated On: October 14th, 2011] [Originally Added On: October 14th, 2011]
- DNA Replication Process Animation from Microbiology 2e - Video [Last Updated On: October 15th, 2011] [Originally Added On: October 15th, 2011]
- Rhizobium Microbiology Video - Video [Last Updated On: October 15th, 2011] [Originally Added On: October 15th, 2011]
- Introduction to Microbiology Dr. Ahmed Ramzy (Part 1).wmv - Video [Last Updated On: October 15th, 2011] [Originally Added On: October 15th, 2011]
- A tour of the Microbiology Lab - Section one - Video [Last Updated On: October 16th, 2011] [Originally Added On: October 16th, 2011]
- Environmental Biology, Microbiology and Chemistry through Science at UCD - Video [Last Updated On: October 16th, 2011] [Originally Added On: October 16th, 2011]
- Total Solutions for Microbiology Testing - Video [Last Updated On: October 18th, 2011] [Originally Added On: October 18th, 2011]
- US Navy Microbiologist- Dr. Rockabrand - Video [Last Updated On: October 23rd, 2011] [Originally Added On: October 23rd, 2011]
- Microbiology Song - Video [Last Updated On: October 24th, 2011] [Originally Added On: October 24th, 2011]
- Marine Microbiology Initiative Overview - Video [Last Updated On: October 26th, 2011] [Originally Added On: October 26th, 2011]
- A tour of the Microbiology Lab - Section Three - Video [Last Updated On: October 26th, 2011] [Originally Added On: October 26th, 2011]
- Great microbiologists - Video [Last Updated On: October 26th, 2011] [Originally Added On: October 26th, 2011]
- Microbiology: Viruses Vs Prokaryotes Vs Eukaryotes - Video [Last Updated On: October 27th, 2011] [Originally Added On: October 27th, 2011]
- Food Microbiology part-2 - Video [Last Updated On: October 30th, 2011] [Originally Added On: October 30th, 2011]
- Food Microbiology Research - Video [Last Updated On: October 31st, 2011] [Originally Added On: October 31st, 2011]
- Interview with a Medical Microbiologist - Video [Last Updated On: November 1st, 2011] [Originally Added On: November 1st, 2011]
- Food Microbiology part-1 - Video [Last Updated On: November 8th, 2011] [Originally Added On: November 8th, 2011]
- Food Microbiology part-3 - Video [Last Updated On: November 8th, 2011] [Originally Added On: November 8th, 2011]
- Microbiology Safety in the Laboratory 1 - Video [Last Updated On: November 13th, 2011] [Originally Added On: November 13th, 2011]
- serology, microbiology, jjmmc, davangere - Video [Last Updated On: November 27th, 2011] [Originally Added On: November 27th, 2011]
- Microbiology department, JJMMC, Davangere - Video [Last Updated On: December 5th, 2011] [Originally Added On: December 5th, 2011]
- Thermo Scientific Heratherm Microbiological Incubators - Video [Last Updated On: December 5th, 2011] [Originally Added On: December 5th, 2011]
- Food Microbiology: An Overlooked Frontier | Lecture 11 (2011) - Video [Last Updated On: December 6th, 2011] [Originally Added On: December 6th, 2011]
- A tour of the Microbiology Lab - Section Two - Video [Last Updated On: December 7th, 2011] [Originally Added On: December 7th, 2011]
- Microbiology catalase test - Video [Last Updated On: December 8th, 2011] [Originally Added On: December 8th, 2011]
- Microbiology Lab Safety - Video [Last Updated On: December 20th, 2011] [Originally Added On: December 20th, 2011]
- Coast to Coast Mysterious Deaths of Microbiologists [Last Updated On: December 26th, 2011] [Originally Added On: December 26th, 2011]
- MSU Microbiology - BPS Blues 2010 - Video [Last Updated On: January 1st, 2012] [Originally Added On: January 1st, 2012]
- Kiestra fully automated microbiology testing system - Video [Last Updated On: January 4th, 2012] [Originally Added On: January 4th, 2012]