U.S. Clinical Laboratory Test Market is projected to grow at a CAGR of 5.8% and is expected to reach US$ 119,088.2 million by 2022. In U.S. Clinical Laboratory Test Market, Hospital Based Laboratories accounted for the largest market share in 2015.
U.S. Clinical Laboratory Test Market is one of the fastest growing industry. Reasons behind this large share are; aware and concerned individual, presence of well-developed clinical laboratories and ongoing technological advancements in the laboratory services in U.S. due to well organized laboratory network and outpatient technique adopted by hospital based laboratories, equal proportion of hospital based and individual laboratories were observed in the country. U.S. market is segmented by type of laboratory and type of tests conducted in the laboratory.
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According to type of laboratory, the market in U.S. is segmented into Hospital Based Laboratories, Central/Independent Laboratories, Physician Office Laboratory (POL) and others. Hospital Based Laboratories is the largest segment in this market by type of laboratory due to low cost of diagnosis and check-ups and treatment facilities available at the same place. Central/Independent Laboratories segment is the fastest growing segment.
According to type of test conducted in the laboratory, the market is segmented into CBC and other routine blood tests, Anatomic Pathology, Molecular Tests, Immunology Tests, Drug Testing and others. CBC and other routine blood tests segment is the largest market due to increased testing relating to prescription drug abuse and increase in demand for new drugs for treatment of disease.
U.S. Clinical Laboratory Test Market statistical report published by Market Research future contains a brief overview of U.S. Clinical Laboratory Test Market. Market is segmented on the basis of type of laboratory and type of tests conducted in the laboratory in which Hospital Based Laboratories and
CBC and other routine blood tests respectively command the largest share and is expected to grow continuously during the forecasted period of 2016-2022. The report analyzed the U.S. Clinical Laboratory Test Market and presents systematic data of market share on the basis of segments and countries, and its growth rate for 2013 to 2016, along with forecast till 2022.
Market Research future through this report aims to provide understanding of the U.S. Clinical Laboratory Test market on the basis of segments & countries, and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of U.S. Clinical Laboratory Test market.
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