US Clinical Laboratory Services Market Research Report Forecast to 2027
Market Overview
The US clinical laboratory services market is expected to be driven by the increasing prevalence of chronic diseases and growing awareness among people regarding disease management and early diagnosis. Additionally, the growing popularity of personalized medicine will provide growth opportunities for the market in the future. However, the shortage of skilled professionals might hamper market growth during the forecast period.
The US clinical laboratory services market has helped in the early diagnosis of diseases such as cancer, infection, or others can significantly increase the chances of successful treatment at an early stage. The introduction of accurate and technologically advanced products, such as companion diagnostics, biochips, and microarrays, has bolstered the demand for early disease detection. Therefore, it is one of the important public health strategies, where governments and global organizations have started numerous initiatives to generate awareness regarding early diagnosis in the country.
The US clinical laboratory services market is emerging due to the increasing prevalence of chronic diseases and growing awareness among people regarding disease management and early diagnosis. Additionally, the growing popularity of personalized medicine will provide growth opportunities for the market in the future. However, the shortage of skilled professionals might hamper the market growth during the forecast period.
Market Segmentation
The US Clinical Laboratory Services market, based on application, has been segmented into independent laboratory, reference laboratory, and hospital laboratory.
Based on type the US clinical laboratory services market is segmented into biochemistry, endocrinology, microbiology, hematology, histopathology, cytology, and genetic testing.
Major Players
The key players profiled in the US clinical laboratory services market are Laboratory Corporation of America Holdings, Mayo Medical Laboratories, Quest Diagnostics Incorporated, Eurofins Scientific, and Sonic Healthcare Limited.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Companies Mentioned
Laboratory Corporation of America Holdings
Mayo Medical Laboratories
Quest Diagnostics Incorporated
Eurofins Scientific
and Sonic Healthcare Limited
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