Clinical Laboratory Services Market to grow at 6.4% CAGR from 2016 to 2024 - PowerPoint PPT Presentation

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


Get more details @ 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. – PowerPoint PPT presentation

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

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

  • 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.

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
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 Growing global
geriatric population base Increasing
prevalence of target diseases
Introduction of innovative solutions
Rising demand for early disease
detection 3.3.2. Industry pitfalls
challenges 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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