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The Business Research Company Medical and Diagnostic Laboratory Market Briefing 2017
Key Drivers in Medical and Diagnostic Laboratory ServicesMarket • Wellness DiagnosticsThe health and wellbeing of individuals can be measured by using biomarkers to assess factors behind sleep disorders and symptoms of stress. • Printed Paper DiagnosticsPaper diagnostics can be used as replacement of color based tests on paper for the ease of use, storage and as effective cost measures. • EpigeneticsEpigenetic changes are inherited changes to the DNA molecules which include the presence of certain methyl groups, the presence or absence of which can be used in the early diagnosis of certain diseases.
Medical and Diagnostic Laboratory ServicesMarket Characteristics • Medical and diagnostic laboratories perform tests on clinical specimens in order to gain insights and information on patients' health conditions.. • Diagnostic Imaging Centersgenerate diagnostic images of patients who are referred by health practitioners. Diagnostic imaging centers include Computer Tomography (CT-scan) centers, medical radiological laboratories, dental or medical X-ray laboratories, ultrasound imaging and MRI imaging centers. • Medical and Diagnostic Laboratoriesprovide analytic or diagnostic services, including body fluid analysis, to patients' doctors and/or directly to patients themselves following submission of samples from a health practitioner.
Medical and Diagnostic Laboratory ServicesMarket Briefing Segmentation HealthcareMarket, Split By Segments, 2015, $ Billion
Medical and Diagnostic Laboratory ServicesMarket Key Mergers and Acquisitions • Merger and acquisition activity in the medical and diagnostic laboratory services market in the last three years has been at a medium level. Leading deals have included those completed by Quest Diagnostics, Laboratory Corporation of America Holdings (LabCorp), Eurofins, and RadNet, Inc.. • In February 2015, LabCorp completed acquisition of Covance Inc for approximately $xx billion (equity value). The acquisition has expanded LabCorp’s comprehensive clinical laboratory services and end-to-end solutions for drug and diagnostics development and commercialization. • In October 2015, Eurofins Scientific acquired Biomnis for $xx million. This partnership is in line with Eurofins' strategy of closely collaborating with all the stakeholders in the French medical laboratories sector to support business growth. • In November 2014, LabCorp completed the acquisition of LIPOSCIENCE, Inc. for approximately $xx million. LipoScience is a provider of specialized cardiovascular diagnostic laboratory tests based on nuclear magnetic resonance (NMR) technology.
Medical and Diagnostic Laboratory ServicesMarket Briefing Industry Competitive Landscape • The medical and diagnostic laboratory services market is fragmented • LabCorp : LabCorp was the largest company in the medical and diagnostics services industry in 2015 with amarket with a XX% share of the market in 2015. • Quest Diagnostic: Quest Diagnostics was the second largest company in the medical and diagnostics servicesmarket with a XX% share of the market in 2015. • Radnet : Radnet is the fourth largest company in the medical and diagnostics servicesmarket with a XX% share of the market in 2015.
Medical and Diagnostic Laboratory ServicesMarket Briefing Description • The market characteristics section of the report defines and explains the market. • The market size section gives the medical and diagnostic laboratory services market revenues, covering both the historic growth of the market and forecasting the future. • Drivers and restraints looks at the external factors supporting and controlling the growth of the market. • Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically. • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified. • The trends and strategies section highlights the likely future developments in the medical and diagnostic laboratory services market and suggests approaches.
Medical and Diagnostic Laboratory Services Market Briefing Scope • MARKETS COVERED: Medical Laboratories and Diagnostic Imaging Centers. • COMPANIES MENTIONED: Laboratory Corporation of America, Quest Diagnostics, Inc., Sonic Healthcare Limited, RadNet, Myriad Genetics, Inc., Alliance healthcare services, Biomnis, and Others. • COUNTRIES: Brazil, China, France, Germany, India, Italy, Japan, Spain, Russia, UK, USA • GEOGRAPHIC SCOPE: Americas, Europe, Asia, Middle East and Africa, Oceania. • TIME SERIES: Five years historic and forecast. • DATA: Market value in $ billions. • DATA SEGMENTATIONS: Regional breakdowns, market share of competitors, key sub segments. • SOURCING AND REFERENCING: Data and analysis throughout the report is sourced using end notes.
Medical and Diagnostic Laboratory ServicesMarket Briefing Reasons to Purchase • Get up to date information available on the medical and diagnostic laboratory services market globally. • Identify growth segments and opportunities. • Facilitate decision making on the basis of historic and forecast data and understand the drivers and restraints on the market. • Develop strategies based on likely future developments. • Gain a global perspective on the development of the market.
Medical and Diagnostic Laboratory ServicesMarket Briefing - Table of Contents • Medical and Diagnostic Laboratory Services Market Characteristics • Medical and Diagnostic Laboratory Services Market Historic Growth • Drivers of the Market • Restraints on the Market • Medical and Diagnostic Laboratory Services Market Forecast • Drivers of the Market • Restraints on the Market • Medical and Diagnostic Laboratory Services Market Segmentation • Medical and Diagnostic Laboratory Services Market Geography Split • Medical and Diagnostic Laboratory Services Market Competitors • LabCorp • Quest Diagnostics • Sonic Healthcare • Radnet • Myriad Genetics Inc. • Medical and Diagnostic Laboratory Services Market Key Mergers and Acquisitions • Medical and Diagnostic Laboratory Services Market Trends and Strategies • Abbreviations • Currencies • The Business Research Company
Medical and Diagnostic Laboratory Services Market Briefing – List of Tables • Table 1:Global Medical and Diagnostic Laboratory Services Historic Market Size,2011 - 2015, $ Billion • Table 2: Global Medical and Diagnostic Laboratory ServicesForecast Market Size, 2015 – 2019, $ Billion • Table 3: Global Medical and Diagnostic Laboratory Services, Split By Region, 2015, $ Billion • Table 7: Global Medical and Diagnostic Laboratory Services, 2015, Split By Segments, $ Billion • Table 8: Global Medical and Diagnostic Laboratory Services, Key Competitor Shares, 2015, Percentage (%)
Medical and Diagnostic Laboratory ServicesMarket Briefing - Table of Figures • Figure 1: Global Medical and Diagnostic Laboratory ServicesHistoric Market Size, 2011 – 2015, $ Billion • Figure 2: Global Medical and Diagnostic Laboratory ServicesSize, 2015 – 2019, $ Billion • Figure 5: Global Medical and Diagnostic Laboratory Services, Split By Region, 2015, $ Billion • Figure 9: Global Medical and Diagnostic Laboratory Services, 2015, Split By Segments, $ Billion • Figure 11: Global Medical and Diagnostic Laboratory Services, Key Competitor Shares, 2015, Percentage (%)
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