Medical Health & Life Science Research News

Clinical laboratory testing market scrutinized in new research

Medical Market Research

The US clinical laboratories are a full service reference laboratories performing routine and specialized diagnostic testing service for physicians and patients.

US represents an attractive destination for healthcare services’ market segments, especially clinical lab testing, which has evolved as a major source of decisive factor for healthcare professionals and that too despite garnering a low proportion of total medical spending.

It is estimated that the market for clinical lab testing in the US is poised to witness healthy growth backed by factors such as aging population, active private sector participation, and rising awareness level. With the emergence of new technologies, the market is likely to register further to an optimum CAGR in future.