The Asia Pacific medical laboratories market is segmented on the basis of application, end user and geography. The application segment is further categorized into routine medical testing, esoteric medical testing, diagnostic imaging services, anatomical pathology testing, and others. Anatomical pathology testing is expected to grow at the fastest CAGR during the forecast period of 2013- 2020, owing to the increasing incidence rates of infectious diseases and leading to an increase in procedure volumes. Based on the end user, the Asia Pacific medical laboratory market is segmented into Hospital-Based Laboratories, Stand-Alone Laboratories, and Clinic-Based Laboratories. Hospital-based laboratories are the largest segment owing to the high volume of patients along with the increased frequency of tests.
The Asia Pacific medical laboratories market is segmented into China, Japan, India, Australia and others. The Asia-Pacific regions are expected to exhibit high growth for medical laboratory services in the future. This growth is supplemented by the growing awareness for medical testing services, government support to improve healthcare sector and introduction of new and improved testing procedures by major market players in this region.
KEY TAKE AWAYS
In-depth coverage of the Asia Pacific medical laboratories market including drivers, restraints and opportunities should help professionals to better understand the market behavior
The projections in the report are made by analyzing the current market trends and highlighting the market potential for the period of 2013-2020 in terms of value
A detailed study of the strategies of key leaders, partnerships and acquisitions in the Asia Pacific medical laboratories market would be informative for professionals in the corporate sector
Porters Five Forces analysis examines the competitive structure of the Asia Pacific medical laboratories market and should assist market strategists in better decision making.
A Pin-point analysis of geographic segments helps to identify opportunities for growth within the Asia Pacific medical laboratories market
Market attractiveness analysis has been included for various product segments, testing procedures, end users and geographic regions along with a detailed analysis of factors responsible for rapid growth of the market segments
Ease of doing business analysis should help in making strategic business decisions
MEDICAL LABORATORIES MARKET KEY SEGMENTS
The Asia Pacific medical laboratories market is segmented into three major categories: application, end user and geography.
BY APPLICATION
Routine medical testing
Esoteric medical testing
Anatomical pathology testing
Diagnostic imaging services
Others
BY END USER
Hospital-Based Laboratories
Stand-Alone Laboratories
Clinic-Based Laboratories
BY GEOGRAPHY
China
Japan
India
Australia
Others
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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