Oct 2, 2017   SOURCE: PR NewsWire

Global Clinical Laboratory Services Market 2017-2021 - Increasing Adoption Preventive Healthcare

DUBLIN, October 2, 2017 /PRNewswire/ --

The "Global Clinical Laboratory Services Market 2017-2021" report has been added to Research and Markets' offering.

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The global clinical laboratory services market to grow at a CAGR of 6.72% during the period 2017-2021.

Global Clinical Laboratory Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is Increasing adoption preventive healthcare. Due to the growing prevalence of chronic diseases, the adoption of preventive healthcare is increasing. Preventive healthcare involves disease prevention rather than treatment. Disease prevention is possible due to routine healthcare tests. The adoption of routine healthcare tests is also increasing. The prime aim of regular routine check-ups is to prevent illnesses and their progression. Doctors recommend routine healthcare tests depending on the age and gender of patients. For instance, women between the ages of 38 and 42 years are susceptible to breast cancer. Hence, regular mammogram screening is recommended for them, thereby increasing the demand for clinical laboratory services.

According to the report, one of the major drivers for this market is Growth of aging population. The increase in median age due to the increase in life expectancy is driving the growth of the aging population. The increase in life expectancy is due to the shift in the cause of death from acute to chronic diseases such as arthritis, diabetes, high cholesterol, and hypertension, which are caused due to lifestyles. Advances in medicine have reduced the prevalence of disability, which also increases life expectancy.

Further, the report states that one of the major factors hindering the growth of this market is Lack of skilled professionals. Clinical laboratory professionals are skilled and certified professionals who are trained in the theoretical and practical aspects of clinical laboratory medicine. These include hematology, chemistry, microbiology, immunology, blood banking, and molecular pathology. Clinical laboratory professionals play different roles such as staff technologists, research technologists, supervisors, managers, or educators. Approximately 60%-70% of all medical decisions involving hospital admissions and discharge and diagnosis and treatment are decided by clinical laboratory professionals.

Key vendors

    --  Abbott Laboratories
    --  LabCorp
    --  Quest Diagnostics
    --  Siemens Healthineers

Other prominent vendors

    --  ARUP Laboratories
    --  Charles River Laboratories
    --  Genoptix
    --  Myriad Genetics
    --  NeoGenomics Laboratories
    --  Sonic Healthcare

    --  Spectra Laboratories

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

    --  Overview

PART 05: Market landscape

    --  Market size and forecast
    --  Five forces analysis

PART 06: Segmentation by service provider

    --  Overview
    --  Hospital-based laboratories
    --  Stand-alone laboratories
    --  Clinic-based laboratories

PART 07: Segmentation by geography

    --  Overview
    --  Americas
    --  EMEA
    --  APAC

PART 08: Decision framework

PART 09: Drivers and challenges

    --  Market drivers
    --  Market challenges

PART 10: Market trends

    --  Increasing adoption preventive healthcare
    --  Emergence of corporate wellness programs
    --  Increase in adoption of premarital screening
    --  Increasing focus on real-time and digitalized treatment
    --  Full integration with EMR and LIS
    --  Increased access to online test ordering and reporting

PART 11: Vendor landscape

    --  Competitive scenario
    --  Investment opportunity

PART 12: Key vendor analysis

    --  Abbott Laboratories
    --  LabCorp
    --  Quest Diagnostics
    --  Siemens Healthineers
    --  Other prominent vendors

PART 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/pz4s92/global_clinical

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SOURCE Research and Markets