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Medical Laboratory Test-Global Market Insights and Sales Trends 2024
Synopsis
The global Medical Laboratory Test market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Medical Laboratory Test in various end use industries. The expanding demands from the Hospital-based Laboratories, Independent labs, Clinic-based Laboratories and Others, are propelling Medical Laboratory Test market. Complete Blood Count, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the HGB/HCT Testing segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medical Laboratory Test, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Medical Laboratory Test market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Medical Laboratory Test market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medical Laboratory Test sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Medical Laboratory Test covered in this report include Quest Diagnostics, Laboratory Corporation of America, Abbott, Siemens Healthineers, Sonic Healthcare, OPKO Health, SYNLAB Bondco PLC, SRL and NeoGenomics Laboratories, etc.
The global Medical Laboratory Test market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Quest Diagnostics
Laboratory Corporation of America
Abbott
Siemens Healthineers
Sonic Healthcare
OPKO Health
SYNLAB Bondco PLC
SRL
NeoGenomics Laboratories
ARUP Laboratories
Global Medical Laboratory Test market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Medical Laboratory Test market, Segment by Type:
Complete Blood Count
HGB/HCT Testing
Basic Metabolic Panel Testing
BUN Creatinine Testing
Electrolytes Testing
HbA1c Testing
Comprehensive Metabolic Panel Testing
Liver Panel Testing
Others
Global Medical Laboratory Test market, by Application
Hospital-based Laboratories
Independent labs
Clinic-based Laboratories
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Medical Laboratory Test companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The global Medical Laboratory Test market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Medical Laboratory Test in various end use industries. The expanding demands from the Hospital-based Laboratories, Independent labs, Clinic-based Laboratories and Others, are propelling Medical Laboratory Test market. Complete Blood Count, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the HGB/HCT Testing segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medical Laboratory Test, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Medical Laboratory Test market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Medical Laboratory Test market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medical Laboratory Test sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Medical Laboratory Test covered in this report include Quest Diagnostics, Laboratory Corporation of America, Abbott, Siemens Healthineers, Sonic Healthcare, OPKO Health, SYNLAB Bondco PLC, SRL and NeoGenomics Laboratories, etc.
The global Medical Laboratory Test market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Quest Diagnostics
Laboratory Corporation of America
Abbott
Siemens Healthineers
Sonic Healthcare
OPKO Health
SYNLAB Bondco PLC
SRL
NeoGenomics Laboratories
ARUP Laboratories
Global Medical Laboratory Test market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Medical Laboratory Test market, Segment by Type:
Complete Blood Count
HGB/HCT Testing
Basic Metabolic Panel Testing
BUN Creatinine Testing
Electrolytes Testing
HbA1c Testing
Comprehensive Metabolic Panel Testing
Liver Panel Testing
Others
Global Medical Laboratory Test market, by Application
Hospital-based Laboratories
Independent labs
Clinic-based Laboratories
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Medical Laboratory Test companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Medical Laboratory Test
1.1 Medical Laboratory Test Market Overview
1.1.1 Medical Laboratory Test Product Scope
1.1.2 Medical Laboratory Test Market Status and Outlook
1.2 Global Medical Laboratory Test Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Medical Laboratory Test Market Size by Region (2018-2029)
1.4 Global Medical Laboratory Test Historic Market Size by Region (2018-2023)
1.5 Global Medical Laboratory Test Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Medical Laboratory Test Market Size (2018-2029)
1.6.1 North America Medical Laboratory Test Market Size (2018-2029)
1.6.2 Europe Medical Laboratory Test Market Size (2018-2029)
1.6.3 Asia-Pacific Medical Laboratory Test Market Size (2018-2029)
1.6.4 Latin America Medical Laboratory Test Market Size (2018-2029)
1.6.5 Middle East & Africa Medical Laboratory Test Market Size (2018-2029)
2 Medical Laboratory Test Market by Type
2.1 Introduction
2.1.1 Complete Blood Count
2.1.2 HGB/HCT Testing
2.1.3 Basic Metabolic Panel Testing
2.1.4 BUN Creatinine Testing
2.1.5 Electrolytes Testing
2.1.6 HbA1c Testing
2.1.7 Comprehensive Metabolic Panel Testing
2.1.8 Liver Panel Testing
2.1.9 Others
2.2 Global Medical Laboratory Test Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Medical Laboratory Test Historic Market Size by Type (2018-2023)
2.2.2 Global Medical Laboratory Test Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Medical Laboratory Test Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Medical Laboratory Test Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Medical Laboratory Test Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Medical Laboratory Test Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Medical Laboratory Test Revenue Breakdown by Type (2018-2029)
3 Medical Laboratory Test Market Overview by Application
3.1 Introduction
3.1.1 Hospital-based Laboratories
3.1.2 Independent labs
3.1.3 Clinic-based Laboratories
3.1.4 Others
3.2 Global Medical Laboratory Test Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Medical Laboratory Test Historic Market Size by Application (2018-2023)
3.2.2 Global Medical Laboratory Test Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Medical Laboratory Test Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Medical Laboratory Test Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Medical Laboratory Test Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Medical Laboratory Test Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Medical Laboratory Test Revenue Breakdown by Application (2018-2029)
4 Medical Laboratory Test Competition Analysis by Players
4.1 Global Medical Laboratory Test Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Medical Laboratory Test as of 2022)
4.3 Date of Key Players Enter into Medical Laboratory Test Market
4.4 Global Top Players Medical Laboratory Test Headquarters and Area Served
4.5 Key Players Medical Laboratory Test Product Solution and Service
4.6 Competitive Status
4.6.1 Medical Laboratory Test Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Quest Diagnostics
5.1.1 Quest Diagnostics Profile
5.1.2 Quest Diagnostics Main Business
5.1.3 Quest Diagnostics Medical Laboratory Test Products, Services and Solutions
5.1.4 Quest Diagnostics Medical Laboratory Test Revenue (US$ Million) & (2018-2023)
5.1.5 Quest Diagnostics Recent Developments
5.2 Laboratory Corporation of America
5.2.1 Laboratory Corporation of America Profile
5.2.2 Laboratory Corporation of America Main Business
5.2.3 Laboratory Corporation of America Medical Laboratory Test Products, Services and Solutions
5.2.4 Laboratory Corporation of America Medical Laboratory Test Revenue (US$ Million) & (2018-2023)
5.2.5 Laboratory Corporation of America Recent Developments
5.3 Abbott
5.3.1 Abbott Profile
5.3.2 Abbott Main Business
5.3.3 Abbott Medical Laboratory Test Products, Services and Solutions
5.3.4 Abbott Medical Laboratory Test Revenue (US$ Million) & (2018-2023)
5.3.5 Siemens Healthineers Recent Developments
5.4 Siemens Healthineers
5.4.1 Siemens Healthineers Profile
5.4.2 Siemens Healthineers Main Business
5.4.3 Siemens Healthineers Medical Laboratory Test Products, Services and Solutions
5.4.4 Siemens Healthineers Medical Laboratory Test Revenue (US$ Million) & (2018-2023)
5.4.5 Siemens Healthineers Recent Developments
5.5 Sonic Healthcare
5.5.1 Sonic Healthcare Profile
5.5.2 Sonic Healthcare Main Business
5.5.3 Sonic Healthcare Medical Laboratory Test Products, Services and Solutions
5.5.4 Sonic Healthcare Medical Laboratory Test Revenue (US$ Million) & (2018-2023)
5.5.5 Sonic Healthcare Recent Developments
5.6 OPKO Health
5.6.1 OPKO Health Profile
5.6.2 OPKO Health Main Business
5.6.3 OPKO Health Medical Laboratory Test Products, Services and Solutions
5.6.4 OPKO Health Medical Laboratory Test Revenue (US$ Million) & (2018-2023)
5.6.5 OPKO Health Recent Developments
5.7 SYNLAB Bondco PLC
5.7.1 SYNLAB Bondco PLC Profile
5.7.2 SYNLAB Bondco PLC Main Business
5.7.3 SYNLAB Bondco PLC Medical Laboratory Test Products, Services and Solutions
5.7.4 SYNLAB Bondco PLC Medical Laboratory Test Revenue (US$ Million) & (2018-2023)
5.7.5 SYNLAB Bondco PLC Recent Developments
5.8 SRL
5.8.1 SRL Profile
5.8.2 SRL Main Business
5.8.3 SRL Medical Laboratory Test Products, Services and Solutions
5.8.4 SRL Medical Laboratory Test Revenue (US$ Million) & (2018-2023)
5.8.5 SRL Recent Developments
5.9 NeoGenomics Laboratories
5.9.1 NeoGenomics Laboratories Profile
5.9.2 NeoGenomics Laboratories Main Business
5.9.3 NeoGenomics Laboratories Medical Laboratory Test Products, Services and Solutions
5.9.4 NeoGenomics Laboratories Medical Laboratory Test Revenue (US$ Million) & (2018-2023)
5.9.5 NeoGenomics Laboratories Recent Developments
5.10 ARUP Laboratories
5.10.1 ARUP Laboratories Profile
5.10.2 ARUP Laboratories Main Business
5.10.3 ARUP Laboratories Medical Laboratory Test Products, Services and Solutions
5.10.4 ARUP Laboratories Medical Laboratory Test Revenue (US$ Million) & (2018-2023)
5.10.5 ARUP Laboratories Recent Developments
6 North America
6.1 North America Medical Laboratory Test Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Medical Laboratory Test Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Medical Laboratory Test Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Medical Laboratory Test Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Medical Laboratory Test Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Medical Laboratory Test Market Dynamics
11.1 Medical Laboratory Test Industry Trends
11.2 Medical Laboratory Test Market Drivers
11.3 Medical Laboratory Test Market Challenges
11.4 Medical Laboratory Test Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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