Medical Laboratories Market Analysis: By Type of Testing (Routine Testing, Esoteric Testing, Anatomical Pathology Testing, Imaging and Others); By End-User Segment (Hospitals, Independent Laboratories and Clinics) â With Forecast (2016-2021)

  • ID: 3919952
  • Report
  • 152 pages
  • IndustryARC
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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

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

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
Middle East

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
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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 Delivery Model
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

"*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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