The concept of reference laboratory is a recent phenomenon. Reference laboratories are private as well as commercial facilities that usually perform specialty and high-volume testing routinely. Physicians' offices, clinics, hospitals, government agencies, insurance companies, pharmaceuticals, and biotechnology companies outsource most of their specialty tests to reference laboratories. Though mid- and large-sized hospitals perform most of the tests at their in-house laboratories but approach reference laboratories for specialized tests that usually require specialized equipment.’
Technavio’s analysts forecast the global clinical reference laboratory services market to grow at a CAGR of: 5.89% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global clinical reference laboratory services market for 2016-2020. To calculate the market size, the report considers the revenue generated from the clinical chemistry, medical microbiology and cytology, human and tumor genetics, and other esoteric tests such as allergy test, bone marker, and toxicology.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Clinical Reference Laboratory Services Market 2016-2020, 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.
Key vendors - BioReference Laboratories - Cinven - Laboratory Corporation of America - Quest Diagnostics
Market driver - Application of advanced robotics technology in reference laboratories - For a full, detailed list, view our report
Market challenge - Incorrect and illegible sample labelling - For a full, detailed list, view our report
Market trend - The full integration of EMR and LIS enables a unified patient record - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2020 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?
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