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Clinical laboratory services market to set a highest CAGR of 6.72% according to new research report

Industrial Market Research

Global Clinical Laboratory Services Market report states that one of the major factors hindering the growth of this market is Lack of skilled professionals. Clinical laboratory professionals are skilled and certified professionals who are trained in the theoretical and practical aspects of clinical laboratory medicine.

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Global Clinical Laboratory Services Market to grow at a CAGR of 6.72% during the period 2017-2021. Clinical laboratories provide services that help healthcare professionals (HCPs) diagnose and treat diseases.

Clinical laboratories conduct specialty tests of large volume of samples such as blood, plasma, and lipids. Several organizations such as nursing homes, corporate offices, insurance companies, pharmaceutical and biotechnology companies, and hospitals refer people to clinical laboratories for testing.

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Though hospitals may have in-house testing capabilities, they outsource testing to clinical laboratories due to the large volume of samples and the high cost of equipment.

Global Clinical Laboratory Services Market report covers the present scenario and the growth prospects of the global clinical laboratory services market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Global Clinical Laboratory Services market is divided into the following segments based on geography:




Report at

Global Clinical Laboratory Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is Increasing adoption preventive healthcare. Due to the growing prevalence of chronic diseases, the adoption of preventive healthcare is increasing.

Preventive healthcare involves disease prevention rather than treatment.

According to the report, one of the major drivers for this market is Growth of aging population. The increase in median age due to the increase in life expectancy is driving the growth of the aging population.

Key vendors

Abbott Laboratories


Quest Diagnostics

Siemens Healthineers

Other prominent vendors

ARUP Laboratories

Charles River Laboratories


Myriad Genetics

NeoGenomics Laboratories

Sonic Healthcare

Spectra Laboratories


Market driver

Growth of aging population

For a full, detailed list, view our report

Market challenge

Lack of skilled professionals

For a full, detailed list, view our report

Market trend

Increasing adoption preventive healthcare

For a full, detailed list, view our report

Key questions answered in this report:

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

Table of Contents

Executive summary

Scope of the report

Research Methodology


Market landscape

Segmentation by service provider

Geographical segmentation

Decision framework

Drivers and challenges

Market trends

Vendor landscape

Key vendor analysis




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