Medical Laboratories Market By Product Type 2021 | IndustryARC
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Medical Laboratories Market
Medical Laboratories Market: By Type of Testing (Routine Testing, Esoteric Testing, Anatomical Pathology Testing, Imaging and Others); By End-User Segment (Hospitals, Independent Laboratories and Clinics) – With Forecast (2016-2021)
Report Code : HCR 0145
Updated Date: 04 March, 2016   20% discount on this report

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The healthcare system across the globe has evolved from being mainly curative to preventive. Increasing numbers of lifestyle related ailments and chronic illnesses and spurts of infectious diseases in different parts of the world are just the tip of the iceberg that forms the opportunity pool for the medical laboratory market. Medical Laboratory is a place where a number of tests are performed on certain specimens in order to detect the presence or absence of certain substances that could be responsible for the health condition of an individual. Test results provide healthcare practitioners with an idea of what is wrong and what the course of treatment should be. Given the significance of a medical laboratory, this market is expected to grow significantly during the forecast period. An increasing need for preventive healthcare is one of the major drivers for this market. While testing for already sick patients or the ageing population is a given, preventive health check-ups are becoming increasingly popular amongst all age groups. 

The lack of skilled and certified professionals to work in medical laboratories in North America and Europe are significantly impacting this market. Another major hurdle for this market is the fact that a number of testing methods are getting automated owing to technological advances and this is impacting the wages for the staff in medical laboratories. 

 Medical Laboratories Market

The Medical Laboratories market can be segmented on the basis of type of Testing as:
  • Routine Testing
  • Esoteric Testing
  • Anatomical Pathology Testing
  • Imaging 
  • Others

In terms of end user segments, the Medical Laboratories market has been segmented across the following:
  • Hospitals
  • Independent Laboratories
  • Clinics and 
  • Others

While North America, followed by Europe, currently dominates the medical laboratories market, it is expected that Asia Pacific will witness the highest growth rate during the forecast period considered in this report. Increasing awareness levels and a rapidly modernizing healthcare industry in this region is creating favorable conditions for the medical laboratories market as well. Preventive health check ups for working professionals and their dependents also have the added benefit of tax exemption. This is creating a huge market for preventive healthcare and this is fuelling the medical laboratories market in this region. 

The market has been segmented based on the following geographies:
  • North America
  • South America
  • APAC
  • Europe
  • Middle East 
  • Africa

Following are just a few of the companies that are operating in the Medical Laboratories market:
  • Quest Diagnostics Inc
  • Genoptix Medical Laboratory
  • Laboratory Corporation of America Holdings
  • Fargo Medical Laboratories 
  • Labco S.A
1. Medical Laboratories– Market Overview
2. Executive Summary 
3. Medical Laboratories– Market Landscape 
   3.1. Market Share Analysis
   3.2. Comparative Analysis
      3.2.1. Product Benchmarking
      3.2.2. End User Profiling
      3.2.3. Top 5 Financials Analysis
4. Medical Laboratories– Market Forces
   4.1. Market Drivers 
   4.2. Market Constraints
   4.3. Market Challenges
   4.4. Attractiveness of the Medical Laboratories Market 
      4.4.1. Power of Suppliers
      4.4.2. Power of Customers 
      4.4.3. Threat of New Entrants 
      4.4.4. Threat of Substitution
      4.4.5. Degree of Competition
5. Medical Laboratories Market – Strategic Analysis
   5.1. Value Chain Analysis
   5.2. Pricing Analysis 
   5.3. Opportunities Analysis
   5.4. Product/Market Life Cycle Analysis
   5.5. Suppliers and Distributors
6. Medical Laboratories Market– By Testing Type
   6.1. Routine Testing
      6.1.1. Blood Test
      6.1.2. Eye Checkup
      6.1.3. Full Body checkup
   6.2. Esoteric Testing
   6.3. Anatomical Pathology Testing
   6.4. Imaging
      6.4.1. X-Ray
      6.4.2. CT Scan
      6.4.3. MRI
   6.5. Others
7. Medical Laboratories Market– By End-User Segment
   7.1. Hospitals
   7.2. Independent Laboratories
   7.3. Clinics
   7.4. Others
8. Medical Laboratories Market– By Geography
   8.1. Introduction
   8.2. Global Study
   8.3. Americas
      8.3.1. North America 
      8.3.2. Brazil
      8.3.3. Argentina
      8.3.4. Others 
   8.4. Europe
      8.4.1. U.K.
      8.4.2. France
      8.4.3. Germany
      8.4.4. Others
   8.5. APAC
      8.5.1. China
      8.5.2. Japan
      8.5.3. India
      8.5.4. Others
   8.6. ROW
9. Medical Laboratories Market Entropy
   9.1. New Product Launches
   9.2. M&As, Collaborations, JVs and Partnerships
10. Company Profiles 
   10.1. Fargo Medical Laboratories
   10.2. LifeLabs Medical Laboratory Services
   10.3. Quest Diagnostics Inc.
   10.4. Laboratory Corporation of America Holdings 
   10.5. London Ambulance Services
   10.6. NHS Blood and Transplant
   10.7. Sonic Healthcare
   10.8. Genoptix Medical Laboratory
   10.9. Labco S.A.
   10.10. Healthscope Ltd.
   10.11. Bioscientia Healthcare
   10.12. Bio-Reference Laboratories
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
11. Appendix
   11.1. Abbreviations
   11.2. Sources
   11.3. Research Methodology
   11.4. Bibliography
   11.5. Compilation of Expert Insights
   11.6. Disclaimer
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