What is the regional analysis of Clinical Laboratory Test Market?

 

Clinical Laboratory Test Market Highlight

The Clinical Laboratory Test market is growing mainly due to growing awareness and rising adoption of anti-inflammatory drugs. According to a recent study report published by the Market Research Future, the Clinical Laboratory Test market is booming and expected to gain prominence over the forecast period. The clinical laboratory test market size was valued USD 189 Billion in 2021 and expected to reach USD 325 billion by 2030 at 6.9% CAGR during the forecast period 2022-2030.

Clinical laboratory test market has emerged as the most growing segment of healthcare over the past few years. Clinical laboratory testing includes all routine check-ups and other pathology tests for the diagnosis of various diseases ranging from CBC and other routine blood test, anatomical pathological testing, molecular, immunological, drug testing and other tests for disease diagnosis and treatment. CBC and other routine blood tests are the most common type of tests that screens for certain disorders leading for increase or decrease of cell counts. These test help to diagnose a broad range of conditions from anaemia and infections to cancer.

Regional Analysis of Clinical Laboratory test Market:

North America is the largest market share holder accounting for 44.6% of global clinical laboratory test market and is expected to generate a CAGR growth of 6.2%. U.S. is expected to be the prime market share holder of North America clinical Analyzers market generating an anticipated CAGR growth of 5.8%. Large number of laboratories and growing volume of clinical testing procedures are the prime reasons for the dominance of the U.S. Canada, is expected to be the fastest market in the North American region with an expected CAGR growth of 6.3%.

Europe is expected to be the second largest market for clinical laboratory test and is expected to generate a CAGR growth of 6.6%. Europe region is expected to be dominated by Germany owing to its highly developed medical device companies. Germany is expected to be followed by France and the U.K.

Asia-pacific region is expected to be the fastest growing market, with a growth rate of 6.5% to 7% on account of growing awareness, strengthening government support and growing healthcare infrastructure.

Segments of Clinical Laboratory test Market:

The Clinical Laboratory Test market outlook has been segmented into Laboratory type and Laboratory tests.

Laboratory type - hospital based laboratories, central/independent laboratories, physician office laboratory (pol) and others. The market segmented by laboratory type is dominated by the hospital-based laboratories.

Laboratory tests - Complete Blood Count (CBC) and other routine blood tests, anatomic pathology, molecular tests, immunology tests, drug testing and others. On the basis of laboratory tests, CBC and other routine blood tests are expected to hold the largest market share.

Clinical Laboratory Test Market Players

The Clinical Laboratory Test market players are Laboratory Corporation of America, LifeLabs Medical Laboratories, Sonic Healthcare, Aurora Diagnostics, Quest Diagnostics, and others.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Cardiac Monitoring and Cardiac Rhythm Management Market Share, Trends, Leading Players, Business Overview, Sales Statistics and Outlook by 2030

  Cardiac Monitoring and Cardiac Rhythm Management Devices Market Highlights The increasing demand for minimally invasive surgeries drives the growth of this market. Advanced technologies in cardiac monitoring and cardiac rhythm management devices have also led to growth in this market.  However, factors such as stringent regulatory approval procedures, the high cost of cardiac devices, and lack of reimbursement policies in developing countries are hindering the growth of the market. Rising prevalence of cardiovascular diseases and the increasing number of unmet medical needs in undeveloped countries are leading to the growth of the cardiac monitoring and cardiac rhythm management device market . Technical advancements in drug-eluting, MRI compatible pacemakers, and Holter monitors are some of the factors leading to the growth of this market. The growth of the global cardiac monitoring device market is driven by the high prevalence of cardiovascular disorders worldwide. Cardiac m
Read more

Africa Medical Devices Market | Analysis, Size, Growth, Key Players, Segmentation and Forecast By 2030

  Africa Medical Devices Market – Overview The Africa Medical Devices market is growing with a steady pace; mainly due to the rapidly growing middle-income group, increasing healthcare expenditure, increasing number of medical tourists, proliferation of hospitals, government programs and support, and increasing incidence of lifestyle diseases. Moreover, rising economic growth also drive the market in this region. According to the World Bank Group, in 2016, GDP of the Middle East & North Africa experienced the growth in GDP by 4.89%. It is expected that Africa’s macroeconomic climate over the next decade will expand the health care gap, as higher incomes will create new demand for the medical devices market. The Africa medical devices market to reach around $ 7069.61 million from $ 7.19 billion in 2030, by the end of the forecast period at a CAGR of 7.10 %. Companies are continuously engaged in merger and acquisition activities for the development of the best medicine to cure
Read more

Clinical Laboratory Test Market Dynamics, Future Insights, Share Value, Growth Outlook, COVID-19 Impact and Size Projection By 2030

  Clinical Laboratory Test Market Highlight The Clinical Laboratory Test market is growing mainly due to growing awareness and rising adoption of anti-inflammatory drugs. According to a recent study report published by the Market Research Future, the Clinical Laboratory Test market is booming and expected to gain prominence over the forecast period. The clinical laboratory test market size was valued USD 189 Billion in 2021 and expected to reach USD 325 billion by 2030 at 6.9% CAGR during the forecast period 2022-2030. Clinical laboratory test market has emerged as the most growing segment of healthcare over the past few years. Clinical laboratory testing includes all routine check-ups and other pathology tests for the diagnosis of various diseases ranging from CBC and other routine blood test, anatomical pathological testing, molecular, immunological, drug testing and other tests for disease diagnosis and treatment. CBC and other routine blood tests are the most common type of te
Read more