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The study segments Individual Quick Freezing (IQF) industry in light of major classification such as product type, potential markets, application, and end-user.
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Clinical Laboratory Services Market To Reach USD 179.9 Billion By 2026
Market Summary The rising global incidences of infectious diseases, increasing technological advancements and growing prevalence of chronic disorders are major factors expected to drive the market in the forecast period.Market Size – USD 119.1 Billion in 2018, Market Growth - CAGR 5.3%, Market Trends– Various innovative devices and testing kits which provide accurate and reliable results are driving the market. According to the current analysis of Reports and Data, the Clinical Laboratory Services market was valued at USD 119.1 billion in 2018 and is expected to reach USD 179.9 billion by the year 2026, at a CAGR of 5.3%. Clinical laboratories provide diagnostics and testing about various diseases as well as provide high-quality testing in fields of cytology, hematology, genetics, and others. Therefore, the clinical laboratory service helps to deliver effective testing results, which in turn help the physicians and other healthcare professionals in research and diagnostics. The clinical laboratory services market is widely driven by increasing infectious diseases in the world. Early diagnosis and testing of such diseases are an important step to start any treatment for any disease. The emergence of new viruses causing severe life-threatening conditions for humans is also expected to be a driving factor for the market. The developing research and treatment options for such viruses contribute to development in healthcare. www.reportsanddata.com
Further key findings from the report suggest • Regionally, Europe occupied the largest share in the market. The high share could be attributed to the rising prevalence of chronic diseases and favorable reimbursement policies in the region • Many research studies are being conducted to know the scope for development in the clinical laboratory services. For instance, the American journal of clinical pathology conducted a research to understand the developmental area for clinical laboratory services in southern Ethiopia • Key market players are involved in various mergers and acquisitions to keep a strong presence in the market. For instance, in December 2017, Siemens Healthineers took over Fast track diagnostics which is a global infectious diagnostics supplier in Luxembourg. Moreover, Siemens Healthineers is further investing in other aspects such as precision medicine and better patient experience through solutions that eliminate the need for repeat diagnostic testing, reducing time and improving patient outcomes. • Companies have also invested in assets to improve their services in the market. For instance, in December 2019, Quest Diagnostics purchased assets from Boston Clinical Laboratories which will be incurred in Quest’s laboratory. BCL’s patients and service providers now have access to Quest’s wider range of diagnostic services, a wider network of patient service centers, and access to innovative tools, such as the company’s Quanum suite of healthcare information technologies and data analytics.
Market Summary • Key Players: • Siemens AG, Quest Diagnostics, Inc., Mayo Medical Laboratories, Laboratory Corporation of America Holdings, DaVita Healthcare Partners, SYNLAB International, Unilabs, Sonic Healthcare, Cerba HealthCare, and Abbott Laboratories • Segmentation: • By Specialty Outlook (Revenue in Million USD; 2016–2026) • Clinical Chemistry Testing • Microbiology Testing • Cytology Testing • Immunology Testing • Hematology Testing • Human and Tumor Genetic Testing • Drug Abuse Testing • Other Esoteric Tests To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/2696 www.reportsanddata.com
Market Summary • By Service Providers Outlook (Revenue in Million USD; 2016–2026) • Hospital-based Laboratories • Clinical-based Laboratories • Independent and Reference Laboratories • Standalone Laboratories • Regional Outlook (Revenue in Million USD; 2016–2026) • North America • Europe • Asia Pacific • Middle East & Africa • Latin America Grab Your Report at an Impressive Discount! Please Click Here : https://www.reportsanddata.com/discount-enquiry-form/2696 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com
