Clinical Laboratory Tests Market by Product (Complete Blood Count, HGB/HCT Testing, Basic Metabolic Panel Testing, BUN Creatinine Testing, Electrolytes Testing, HbA1c Testing, Comprehensive Metabolic Panel Testing, Liver Panel Testing, Renal Panel Testing, Lipid Panel Testing, and Others), by Department (Parasitology, Virology, Hematology, Toxicology, Immunology/Serology, Histopathology, Urinalysis, and Others), by Service Provider (Independent & Reference Laboratories, Hospital-Based Laboratories, and Nursing & Physician Office-Based Laboratories), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

According to the report, global demand for clinical laboratory tests market was valued at approximately USD 158.9 Billion in 2019, and is expected to generate revenue of around USD 243.1 Billion by end of 2026, growing at a CAGR of around 6.3% between 2020 and 2026.

05-Aug-2020 | Number of pages: 110 | Report Code: ZMR-5364 | Report Format : | Status : Published

Abstract

The report covers forecast and analysis for the clinical laboratory tests market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion). The study includes drivers and restraints for the clinical laboratory tests market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the clinical laboratory tests market on a global as well as regional level.

In order to give the users of this report a comprehensive view on the clinical laboratory tests market we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product, department, service provider, and region segment are benchmarked based on their market size, growth rate and general attractiveness.

The report provides company market share analysis in order to give a broader overview of the key players in the clinical laboratory tests market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research& development, regional expansion of major participants involved in the clinical laboratory tests market on global and regional basis.

The study provides a decisive view on the clinical laboratory tests market by segmenting the market based on the product, department, service provider, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2026. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global clinical laboratory tests market. Some of the key players of clinical laboratory tests market are Quest Diagnostics, Inc., Abbott Laboratories, Inc., Siemens Healthineers, Inc., Sonic Healthcare Ltd., OPKO Health, Charles River Laboratories International, Inc., Laboratory Corporation of America, LLC, NeoGenomics Laboratories, Inc., Bioscientia Institut fr Medizinische Diagnostik GmbH, and Genoptix, Inc. among others.

This report segments the global clinical laboratory tests market as follows:

Global Clinical Laboratory Tests Market: By Product

  • Complete Blood Count
  • HGB/HCT Testing
  • Basic Metabolic Panel Testing
  • BUN Creatinine Testing
  • Electrolytes Testing
  • HbA1c Testing
  • Comprehensive Metabolic Panel Testing
  • Liver Panel Testing
  • Renal Panel Testing
  • Lipid Panel Testing
  • Others

Global Clinical Laboratory Tests Market: By Department     

  • Parasitology
  • Virology
  • Hematology
  • Toxicology
  • Immunology/Serology
  • Histopathology
  • Urinalysis
  • Others (Microbiology, Clinical Biochemistry, Genetics, & Surgical Pathology)

Global Clinical Laboratory Tests Market: By Service Provider        

  • Independent & Reference Laboratories
  • Hospital-Based Laboratories
  • Nursing & Physician Office-Based Laboratories

Global Clinical Laboratory Tests Market: By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

Increasing awareness among healthcare professionals and patients about the need for routine body profiling globally is expected to increase demand for clinical laboratory tests.

According to the report, global demand for clinical laboratory tests market was valued at approximately USD 158.9 Billion in 2019, and is expected to generate revenue of around USD 243.1 Billion by end of 2026, growing at a CAGR of around 6.3% between 2020 and 2026.

Asia Pacific is likely to be the fastest-growing market in the forecast period due to improved healthcare infrastructure supporting the introduction of advanced diagnostic technologies in China and India's emerging markets. In addition, the existence of untapped opportunities in the form of unmet medical needs, optimistic economic growth and growing avenues of scientific research are among the primary drivers for clinical laboratory testing on the Asia Pacific market.

key players of clinical laboratory tests market are Quest Diagnostics, Inc., Abbott Laboratories, Inc., Siemens Healthineers, Inc., Sonic Healthcare Ltd., OPKO Health, Charles River Laboratories International, Inc., Laboratory Corporation of America, LLC, NeoGenomics Laboratories, Inc., Bioscientia Institut fr Medizinische Diagnostik GmbH, and Genoptix, Inc. among others.

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