Inside the Global Clinical Laboratory Services Market, A Deep-diving study Report by MRFR for 2018-2023


Market Overview:  
                                                                                                 
The global Clinical Laboratory Services Market is rising pervasively. The market demand is continually growing due to the increased healthcare expenditures and awareness about the importance of these clinical laboratory services. The emergence of ingenious solutions that offer maximum efficiency and accuracy with minimum or no error is expected to serve as a game-changer for the market.   
According to Market Research Future (MRFR), a leading research firm, the global clinical laboratory services market, is poised to create a valuation of over USD 274,400 MN by 2023. MRFR, in its recent study, reports that the market would register healthy CAGR during the assessment period (2018-2023). Prevalence of chronic diseases, demand for early & regular disease diagnosis, and the consequent need to curtail healthcare expenditure are key factors to propel the market growth.

Access Full Report and TOC Details Excluasively  @ https://www.marketresearchfuture.com/reports/clinical-laboratory-services-market-7145

Major Players: 

·         Mayo Medical Laboratories
·         Laboratory Corporation of America Holdings
·         Spectra Laboratories Inc
·         Bio-Reference Laboratories
·         Unilabs
·         Clinical Reference Laboratory
·         Amedes Holdings
·         Adicon Clinical Laboratory
·         Lifelabs Medicals Laboratories
·         Synlab International

Competitive Analysis :
Highly competitive, the clinical laboratory services market appears to be fragmented due to the presence of many well-established players. These players strive to develop cost-effective solutions and laboratory services. To gain a substantial market share, these players incorporate strategic initiatives, such as mergers & acquisitions, collaboration, expansion, brand reinforcement, and product/technology launch. They strive to develop customized solutions using the latest technology and clinical advances.

Segments:

To widen the scope of understanding, the market is segmented into three dynamics 
 By Type                    : Endocrinology, Biochemistry, Microbiology, Hematology, Histopathology, Cytology, Genetic Testing, and others. 
By Application          : Independent, Laboratory, Reference Laboratory, Hospital Laboratory, among others.
By Regions                : North America, Europe, APAC, and the Rest-of-the-World (RoW).

Regional Analysis:

North America is estimated to continue its dominance over the global clinical laboratory services market. The significant share of the market attributes to the presence of advanced healthcare infrastructure and a large number of lab experts & technicians. The region offers lucrative growth opportunities to market players. The North American market for clinical laboratory services is expected to grow at a significant rate by 2023.
Additionally, factors, such as the extensive uptake of these services in increasing numbers of medical and life science labs propel the growth of the regional market. Increasing demand for advanced & cost-competitive services to manage clinical lab operations acts as a major tailwind to the growth of the market in the region.

Industry/ Innovation/ Related News :

October 16, 2019 --- BioIVT (the US), a leading global provider of value-added research services and research models for drug discovery & development announced the acquisition of PPA Research Group, Inc. (the US), a human hematologic product provider to increase its ability to support drug development, Cell, and Gene Therapy Research.
October 14, 2019 --- Anpac Bio (the US), a leading biotechnology company focused on early cancer screening and detection, launched 2nd Clinical Lab in Philadelphia under its expansion strategy in the US. With this launch, the company can work with its hospital principal investigators and partners in the East Coast more closely & effectively. 

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), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future
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Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

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