Description
Discover Comprehensive Insights with Kalorama’s Clinical Laboratory Services Report
Understanding the clinical laboratory market is crucial for effective business planning. The Worldwide Market for Clinical Laboratory Services, 9th Edition answers essential questions such as the size of the service market for clinical testing, the types of tests that are in demand, and the future trajectory of this market 2023-2028. It also identifies the companies poised to earn the most revenue and examines their strategies post-COVID-19 as the virus becomes endemic.
Why This Report is Essential for IVD Manufacturers
Kalorama Information’s annual review of the clinical labs market is a must-have resource for IVD manufacturers. Clinical laboratories are fundamental to the diagnostic services within the IVD market, providing critical analysis for a myriad of disorders and diseases, including pathology, immunology, cholesterol testing, allergy testing, urinalysis, and genetic testing. These laboratories are indispensable to the healthcare industry.
Market Opportunity in Lab Services: Now in its 9th Edition
The Worldwide Market for Clinical Laboratory Services, 9th Edition offers a detailed overview of the clinical laboratory industry, highlighting key trends and growth drivers.
Key Features of the Report
- Industry Overview: Gain a comprehensive understanding of the clinical laboratory industry and the trends propelling its growth.
- Influential Statistics: Examine data on disease incidence in the U.S. and globally, demographic trends, life expectancy, and company strategies.
- Global Focus: The report covers key regions including:
- North America (United States, Canada)
- Europe, Middle East, and Africa – EMEA (Germany, France, Italy, Spain, United Kingdom, Switzerland)
- Asia Pacific (Japan, China, India, South Korea, Australia)
- Latin America (Brazil, Mexico)
Specialty Segments Covered
- Essential and Routine Testing: Clinical chemistry, hematology, coagulation, endocrinology
- Immunology and Microbiology Testing
- Cytology and Histology Testing
- Genetic Testing
- Toxicology Testing: Drugs of abuse
- COVID-19
Market Segmentation by Laboratory Type
- Independent and Reference Laboratories
- Hospital-based Laboratories
- Clinic-based Laboratories
Competitive Analysis
The report provides a thorough competitive analysis of leading clinical laboratory providers, offering insights into market positioning and strategic initiatives.
Data and Forecasting
- Market Data: Pertains to the world market at the manufacturers’ level.
- Base Year: 2023
- Historical Data: 2018 through 2022
- Forecast Data: 2024 through 2028
- CAGRs: Provided for the 2023-2028 period for each segment.
Challenges and Adjustments
This report is part of a regularly updated series. Each new edition reflects the latest findings, adjusting for company performance, pricing pressures, reimbursement challenges, and the ongoing impacts of COVID-19.
Exclusions
The market analysis excludes revenues from clinical trial laboratory testing, environmental testing, veterinary laboratory testing, and other similar industries.
Prepare for Future Market Trends
Stay ahead with insights into demographic trends, disease trends, new developments, company performance, mergers and acquisitions, and national expansions. This report is a critical tool for navigating the evolving clinical laboratory market landscape.
Table of Contents
Chapter One: Executive Summary
Industry at a Glance
- Figure 1-1: Clinical Laboratory Service Market Overview, 2024
Scope and Methodology
Global Market Overview
- Figure 1-2: Factors Driving Demand in Clinical Laboratory Service Market, 2024
- Table 1-1: Global Clinical Laboratory Market Analysis, 2018-2028 ($ millions at the manufacturers’ level)
- Figure 1-3: Global Clinical Laboratory Market Analysis, 2018-2028 ($ millions)
Key Issues and Trends Affecting the Market
Leading Market Participants
Chapter Two: Industry Overview
Clinical Laboratory Description
- Figure 2-1: Clinical Laboratory Order (Diagnosis, Treatment, Monitoring)
- Figure 2-2: Global Hospital Length of Stay in Days, by Country, 2021 Average
Number of Laboratory Health Workers by Country
- Figure 2-3: Global Laboratory Health Workers, by Country, 2010-2021 Average
The Largest Clinical Laboratory Market: The United States
Structure and Regulation in the U.S.
- Certificate of Waiver
- Table 2-1: Selected CLIA Waived Laboratory Tests
- Certificate of Provider-Performed Microscopy Procedures (PPMP)
- Table 2-2: Provider-Performed Microscopy Procedures
- Certificate of Compliance and Certificate of Accreditation
- Figure 2-4: Clinical Laboratory Certificate of Accreditation Issued, by Organization (non-exempt laboratories only), March 2024
- Table 2-3: Clinical Laboratory Certificates Issued, by Type (non-exempt laboratories only), as of April 2023
- Figure 2-5: Laboratory Certificate Trends, by Application Type, July 2010 – March 2024
- States Exempt from Federal Clinical Laboratory Improvements Amendments (CLIA) of 1988
- Table 2-4: CLIA Exempt States, Number of Laboratories, as of March 2024
Laboratory Developed Test Regulations
Payers and Reimbursement
- Figure 2-6: Positive Forces and Negative Forces for Payers and Reimbursement
Laboratory Service Payer Types
- Table 2-5: U.S. Clinical Laboratory Revenues, by Client and Payer Type, 2023 (%)
- Figure 2-7: Clinical Laboratory Revenues, by Client and Payer Type, 2023 Estimates (%)
Trends in Medicare Reimbursement
- Figure 2-8: Medicare Reimbursement Trends, Average Reimbursement for Clinical Laboratory Services, 2009-2024
Health Care Reform
Protecting Access to Medicare Act (PAMA) of 2014
- Table 2-6: Proposed Clinical Diagnostic Laboratory Test Rates, 2020-2027
- Impact of CARES Act on PAMA
- Saving Access to Laboratory Service Act (SALSA)
Advanced Laboratory Tests (ADLT)
- Table 2-7: List of Approved ADLTs, 2018-March 2024
Bundled Insurance Payments for ESRD Patients
- Table 2-8: Laboratory Tests Subject to ESRD Consolidated Billing (CY 2022)
Commercial Insurance Providers
- Table 2-9: National Commercial Insurance Provider List, 2023
- Figure 2-9: National Commercial Insurance Providers, by Membership and Total Revenues, 2023 ($ billions)
Transparency in Pricing
- Figure 2-10: Revenue and Test Volume Trends, Quest Diagnostics, 2010-2023 ($ millions)
Direct-to-Consumer Testing
- Table 2-10: Select DTC Tests and Prices by Laboratory Service Provider (Quest Direct and Labcorp On Demand) 2023 (in US $)
DTC in Genetic Testing
Expanding Cancer Test Utilization and Technologies
Labcorp and QIAGEN Launch new Companion Diagnostic for Metastatic Breast Cancer Therapy
Labcorp Launches New Test for NSCLC
Labcorp Offers First FDA Test for Monitoring Residual Blood Cancer Cells
Labcorp Launches New Test for Skin Cancer
Labcorp Acquires Select Assets of Invitae
Labcorp Launches Plasma Detect
Quest Diagnostics Attention to Oncology
Quest Collaborates with GRAIL on Oncology
Quest Releases Companion Diagnostic
Quest Offers Biocept’s Liquid Biopsy Test for Lung Cancer
Quest Acquires Haystack Oncology
Quest Launches MelaNodal Predict Test
The Role of Information Technology
- Table 2-11: Selected Laboratory Information Management System Providers, 2023 Vendor List
Industry Drivers
Global Demographics
- Table 2-12: The Global Population, 1980-2050
- Figure 2-11: The Global Population, 1980-2050 (in millions)
- Regional Population Overview
- Table 2-13: World Population, by Major Geographic Region, 2010–2050 (in millions)
- Figure 2-12: World Population, by Major Geographic Region, 2010–2050 (in millions)
- Aging Populations
- Table 2-14: Global Population Trends Age 65+, 2000-2050 (in millions)
- Figure 2-13: Global Population Trends Age 65+, 2000-2050 (in millions)
Chronic Diseases and Conditions
- Figure 2-14: Global Prevalence of Disease, 2000, 2015, and Projected 2030 (in millions)
- Figure 2-15: Global Causes of Death, 2000, 2010, and 2020 (in millions)
- Figure 2-16: Change in Mortality by Disease Type, Over 2000-2020 Period (%)
Economic Performance
- Health Expenditures
- Figure 2-17: Global Health Spending as a Percentage of GDP, by Country, 2022 estimates (%)
Chapter Three: Testing Services by Specialty
Test and Services Overview
- Figure 3-1: Global Clinical Laboratory Market Analysis: Service Revenue Trend, 2018-2028 ($ millions)
- Table 3-1: Global Clinical Laboratory Market Analysis, by Test Segment (Clinical Chemistry: Routine & Essential; Immunology & Microbiology; Cytology & Histology; Genetic; Toxicology; COVID-19), 2018-2028 ($ millions at the manufacturers’ level)
- Figure 3-2: Global Clinical Laboratory Market Analysis, Segment Growth Forecast, by Test Segment (Clinical Chemistry: Routine & Essential; Immunology & Microbiology; Cytology & Histology; Genetic; Toxicology; COVID-19), CAGR 2023-2028 (%)
- Figure 3-3: Global Clinical Laboratory Market Analysis, by Testing Service (Clinical Chemistry: Routine & Essential; Immunology & Microbiology; Cytology & Histology; Genetic; Toxicology; COVID-19), Distribution of Revenues, 2023 (%)
Clinical Chemistry – Routine and Essential Testing
- Figure 3-4: Global Clinical Laboratory Market Analysis: Clinical Chemistry: Routine & Essential Testing Service Market Trend, 2018-2028 ($ millions)
- Table 3-2: Market Overview – Routine and Essential Testing, 2023 ($ millions)
Routine Clinical Chemistry
Cholesterol Level Testing
- Table 3-3: High Cholesterol Risk Categories
Urinalysis
- Table 3-4: Normal Reference Levels in a Medical Urinalysis
Hematology
- Blood Cell Count
- Table 3-5: Laboratory Reference Parameters for CBC
Coagulation
Endocrinology
- Thyroid Function Tests
- Pregnancy Testing
- Table 3-6: HCG Levels in Pregnant Women by Days Past Ovulation
Immunology and Microbiology
- Figure 3-5: Global Clinical Laboratory Market Analysis: Immunology & Microbiology Testing Service Market Trend, 2018-2028 ($ millions)
- Table 3-7: Market Overview – Immunology & Microbiology Testing, 2023 ($ millions)
Allergy and Food Intolerance
Tumor Markers
Cardiac Markers
HIV Testing
Cytology and Histology Testing
- Figure 3-6: Global Clinical Laboratory Market Analysis: Cytology & Histology Testing Service Market Trend, 2018-2028 ($ millions)
- Table 3-8: Market Overview – Cytology & Histology Testing, 2023 ($ millions)
- Pap Test
- Figure 3-7: Percent of Females Aged 20-69 Screened for Cervical Cancer (all screening methods), by Select Country 2019 Estimates
Genetic Testing
- Figure 3-8: Global Clinical Laboratory Market Analysis: Genetic Testing Service Market Trend, 2018-2028 ($ millions)
- Table 3-9: Market Overview – Genetic Testing, 2023 ($ millions)
Toxicology Testing
- Figure 3-9: Global Clinical Laboratory Market Analysis: Toxicology Testing Service Market Trend, 2018-2028 ($ millions)
- Table 3-10: Substance Detection Periods by Selected Test Method
Chapter Four: Global Clinical Laboratory Market by Provider Group
Clinical Laboratory Market: Provider Overview
- Table 4-1: Global Clinical Laboratory Market Analysis, by Provider Segment (Hospitals, Physician Offices/Outpatient Clinics, Independent), 2023-2028 ($ millions at the manufacturers’ level)
- Figure 4-1: Global Clinical Laboratory Market Analysis, Provider Segment Growth Forecast, CAGR 2023-2028 (%)
- Figure 4-2: Global Clinical Laboratory Market Analysis, by Provider Group, Distribution of Revenues, 2023 (%)
Hospitals and Acute Care Providers
- Figure 4-3: COVID-19 Impact on Hospital-based Laboratory Testing Markets, 2021-2023 ($ millions)
- Table 4-2: Global Clinical Laboratory Market Analysis: Hospital and Acute Care Laboratory Testing Market, 2023 and 2028 (U.S./International Estimates)
- Figure 4-4: Hospital Beds per 1,000 Population, by Country, 2021/2022
Physicians and Outpatient Care Providers
- Figure 4-5: COVID-19 Impact on Physician-based Laboratory Testing Markets, 2021-2023 ($ millions)
- Table 4-3: Global Clinical Laboratory Market Analysis: Physician and Outpatient Care Laboratory Testing Market, 2023 and 2028 (U.S./International Estimates)
Physician Offices
- Figure 4-6: Medical Doctors per 1,000 Population, by Country, 2021/2022
Global Nursing Establishments and Assisted Living Facilities
Global Dialysis Clinics
Independent Laboratory Providers
- Figure 4-7: COVID-19 Impact on Independent Laboratory Testing Markets, 2021-2023 ($ millions)
- Table 4-4: Revenues for Selected U.S.-based Reference Labs 2018-2023 ($ millions, estimated)
- Table 4-5: Estimated Clinical Test Volume by Select Independent Laboratory, 2023 (millions of units)
- Table 4-6: Global Clinical Laboratory Market Analysis: Independent Laboratory Testing Market, 2023 and 2028 (U.S./International Estimates)
Chapter Five: North America Market
Overview
- Table 5-1: North America Market Value, by Country, 2023 ($ millions at the manufacturers’ level)
United States
- Table 5-2: The United States Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
- Figure 5-1: The United States Clinical Laboratory Service Market, Performance 2018-2028 ($ millions)
U.S. Market by Test Type
- Table 5-3: The United States Clinical Laboratory Service Market, by Testing Services, Estimates and Forecast 2023 and 2028 ($ millions)
- Figure 5-2: U.S. Clinical Laboratory Market Analysis: Testing Service Revenues, by Type, 2023 (%)
- Figure 5-3: U.S. Clinical Laboratory Market Analysis: Testing Service Revenues Over Time, by Type, 2018-2028 ($ millions)
U.S. Market by Laboratory Provider Type
- Table 5-4: The United States Clinical Laboratory Service Market, by Laboratory Type, Estimates and Forecast 2023 and 2028 ($ millions)
- Figure 5-4: U.S. Clinical Laboratory Market Share, by Laboratory Type, 2023 (%)
- Figure 5-5: U.S. Clinical Laboratory Market Analysis: Testing Service Revenues Over Time, by Laboratory Type, 2018-2028 ($ millions)
U.S. Clinical Laboratory Industry Structure
- Figure 5-6: Growth in Clinical Laboratories, 2000-2023
- CLIA Laboratory Registration, Laboratories by Type
- Figure 5-7: U.S. CLIA Clinical Laboratory Registration, by Primary Laboratory Type, April 2024
- Table 5-5: CLIA Registered Laboratories, by Type of Facility (Exempt/Non-Exempt Combined), April 2024
- Figure 5-8: Growth Trends in CLIA Registered Laboratories, by Type of Facility (Exempt/Non-Exempt Combined) June 2020 and April 2024
- Figure 5-9: Change in CLIA Registered Laboratories, by Type of Facility, Highest and Lowest Growth Segments, % Change, Compounded Annually 2020-2024
Independent Clinical Laboratories
- Figure 5-10: Leading U.S. Independent Laboratory Groups, Distribution of Centers, December 2023 (%)
- Growth in Independent Clinical Laboratories
- Figure 5-11: Growth in U.S. Independent Laboratory Facilities, June 2011 through April 2024
Hospital-based Laboratories
- S. Hospital Data
- Table 5-6: U.S. Hospital Types
- Table 5-7: AHA Statistics – U.S. Registered Hospitals, by Type, 2010-2022
- Table 5-8: AHA Statistics for U.S. Hospitals, 2014-2022
- S. Hospital Stay Stats
- Figure 5-12: U.S. Hospital Length of Stay, Average by Broad Age Group, 2021
- Growth in Hospital Clinical Laboratories
- Figure 5-13: Growth in U.S. Hospital Laboratory Locations, June 2011 through April 2024
Physician-office and Clinic Laboratories
- Number of U.S. Physicians
- Growth in Clinical Laboratories in the Physician Office
- Figure 5-14: Growth in U.S. Physician Office Laboratory Locations, June 2011 through April 2024
Nursing Facility and Home Health
- S. Nursing Home Establishments
- S. Home Health Facilities
- Growth in Clinical Laboratories in the Nursing Facility and Home Health Segment
- Figure 5-15: Growth in U.S. Nursing Facility/Home Health Laboratory Locations, June 2011 through April 2024
Pharmacy-based Laboratories
- Growth in Pharmacy-Based Clinical Laboratories
- Figure 5-16: Growth in U.S. Pharmacy-Based Laboratories, mid-2011 through April 2024
Dialysis Clinics
- Growth in U.S. Dialysis Clinics and Affiliated Laboratories
- Figure 5-17: Growth in U.S. Dialysis Clinic-based Laboratories, mid-2011 through April 2024
Canada
- Table 5-9: Canada Clinical Laboratory Service Market, Estimates and Forecast 2023-2028 ($ millions)
- Figure 5-18: Canada Clinical Laboratory Service Market, Performance 2018-2028 ($ millions)
Chapter Six: EMEA Market
Overview
- Table 6-1: EMEA Market Value, by Country, 2023 ($ millions at the manufacturers’ level)
- Figure 6-1: EMEA Clinical Laboratory Service Market, Growth Projections, by Country, CAGR 2023-2028
Germany
- Table 6-2: Germany Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
- Figure 6-2: Leading Laboratory Service Suppliers, by Estimated Distribution of Revenues, Germany, 2023 (%)
France
- Table 6-3: France Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
Italy
- Table 6-4: Italy Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
Spain
- Table 6-5: Spain Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
United Kingdom
- Table 6-6: United Kingdom Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
Switzerland
- Table 6-7: Switzerland Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
Chapter Seven: Asia Pacific Market
Overview
- Table 7-1: Asia Pacific Clinical Laboratory Service Market Value, by Country, 2023 ($ millions at the manufacturers’ level)
- Figure 7-1: Asia Pacific Clinical Laboratory Service Market, Growth Projections, by Country, CAGR 2023-2028 (%)
Japan
- Table 7-2: Japan Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
Japan Clinical Laboratory Industry Structure
- Figure 7-2: Japan Clinical Laboratory Industry, by Type, 2023 (%)
- Figure 7-3: Japan Clinical Laboratory Industry, by Test Classification, 2022-2023 (%)
- Figure 7-4: Japan Clinical Laboratory Industry, Number of Laboratories, by Prefecture, 2023 (%)
China
- Table 7-3: China Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
China Clinical Laboratory Industry Structure
- Figure 7-5: China Clinical Laboratory Industry, by Type, 2023 (%)
India
- Table 7-4: India Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
South Korea
- Table 7-5: South Korea Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
Australia
- Table 7-6: Australia Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
Chapter Eight: Latin America Market
Overview
- Table 8-1: Latin America Market Value, by Country, 2023 ($ millions at the manufacturers’ level)
- Figure 8-1: Latin America Clinical Laboratory Service Market, Growth Projections, by Country, CAGR 2023-2028
Brazil
- Table 8-2: Brazil Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
Mexico
- Table 8-3: Mexico Clinical Laboratory Service Market, Estimates and Forecast 2023 and 2028 ($ millions)
Chapter Nine: Leading Market Participants
Global Competitor Summary
- Figure 9-1: Market Participants, Global Service Revenues, Estimated 2022 and 2023 ($ millions)
U.S. Competitive Analysis
- Table 9-1: Top Ten Estimated U.S. Laboratory Service Revenues and Market Share of Leading Clinical Laboratory Providers, 2023 ($ millions)
- Figure 9-2: Top 10 Estimated U.S. Laboratory Services, Market Share of Leading Clinical Laboratory Providers, 2023 (%)
Select Company Profiles
Quest Diagnostics, Inc.
Company Overview
- Table 9-2: Quest Diagnostics Corporate Details
Performance Review
- Figure 9-3: Quest Diagnostics Revenue Summary, 2010-2023 ($ millions)
Key Acquisitions, Alliances, and Partnerships
Products and Services
- COVID-19 Events and Impact
Laboratory Corporation of America
Company Overview
- Table 9-3: Laboratory Corporation of America Corporate Details
Performance Review
- Figure 9-4: Laboratory Corporation of America Revenue Summary, 2010-2023 ($ millions)
Key Acquisitions, Alliances, and Partnerships
Products and Services
- COVID-19 Events and Impact
Exact Sciences Corp.
Company Overview
- Table 9-4: Exact Sciences Corporate Details
Performance Review
- Figure 9-5: Exact Sciences Revenue Summary, 2010-2023 ($ millions)
Key Acquisitions, Alliances, and Partnerships
Products and Services
- COVID-19 Events and Impact
Sonic Healthcare Limited
Company Overview
- Table 9-5: Sonic Healthcare Corporate Details
Performance Review
- Figure 9-6: Sonic Healthcare Revenue Summary, 2010-2023 ($ millions)
Key Acquisitions, Alliances, and Partnerships
Products and Services
BioReference Laboratories – An OPKO Health Subsidiary
Company Overview
- Table 9-6: BioReference Laboratories Corporate Details
Key Acquisitions, Alliances, and Partnerships
Performance Review
- Figure 9-7: BioReference Laboratories Revenue Summary, 2010-2023 ($ millions)
Products and Services
Myriad Genetics, Inc.
Company Overview
- Table 9-7: Myriad Genetics Corporate Details
Key Acquisitions, Alliances, and Partnerships
Performance Review
- Figure 9-8: Myriad Genetics Revenue Summary, 2010-2023 ($ millions)
Products and Services
SYNLAB International GmbH (SYNLAB Bondco PLC)
Company Overview
- Table 9-8: SYNLAB Corporate Details
Performance Review
- Figure 9-9: SYNLAB Revenue Summary, 2015-2023 ($ millions)
Key Acquisitions, Alliances, and Partnerships
Products and Services
- COVID-19 Events and Impact
Eurofins Scientific SE
Company Overview
- Table 9-11: Eurofins Scientific Corporate Details
Performance Review
- Figure 9-10: Eurofins Scientific Revenue Summary, 2010-2023 ($ millions)
Key Acquisitions, Alliances, and Partnerships
Products and Services
- COVID-19 Events and Impact
H.U. Group Holdings Miraca
Company Overview
- Table 9-10: H.U. Group Holdings, Inc. Corporate Details
Performance Review
- Figure 9-11: H.U. Holdings Revenue Summary, 2010-2023 ($ millions)
Key Acquisitions, Alliances, and Partnerships
Products and Services
Siemens Healthineers
Company Overview
- Table 9-11: Siemens Healthineers Corporate Details
Performance Review
- Figure 9-12: Siemens Healthineers’ Revenue Summary, 2010-2023 ($ millions)
Key Acquisitions, Alliances, and Partnerships
Products and Services
Unilabs
Company Overview
- Table 9-12: Unilabs Corporate Details
Performance Review
Products and Services
- COVID-19 Events and Impact
Medicover AB
Company Overview
- Table 9-13: Medicover Corporate Details
Key Acquisitions, Alliances, and Partnerships
Performance Review
- Figure 9-13: Medicover Revenue Summary, 2010-2023 ($ millions)
Products and Services
Chapter Ten: Market Trends and Summary
Global Market Overview
- Table 10-1: Global Clinical Laboratory Market Analysis, 2018-2028 ($ millions at the manufacturers’ level)
- Figure 10-1: Global Clinical Laboratory Market Analysis, 2018-2028 ($ millions)
Regional Overview
- Table 10-2: Global Clinical Laboratory Service Market Analysis, Revenues by Region, 2023 ($ millions)
- Figure 10-2: Global Clinical Laboratory Market Analysis, Revenues by Region, 2023 (%)
- Figure 10-3: Global Clinical Laboratory Market Analysis, Regional Growth Forecast, CAGR 2023-2028 (%)
- Figure 10-4: Estimated COVID-19 Market Performance, by Region, 2023 ($ millions)
Population growth
Aging populations
Increasing disease burden
Economic growth in developing regions
Stabilizing economies in developed regions
Pricing pressures
Focusing on Efficient health systems
Overall growth in demand for health care services
COVID-19
Multiplex Testing
AI and Machine Learning Laboratory Trends
Molecular Testing and Other Advanced Testing Will Open New Avenues
Digital Pathology Trends
Staffing Shortages