Global Clinical In-Vitro Diagnostic Medical Laboratory Service Report 2024: Alternative Medicine Creates Opportunities, Esoteric Testing Moving Mainstream, Genetic Based Testing Creates New Department

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Mar 28, 2024, 22:00 ET

DUBLIN, March 28, 2024 /PRNewswire/ -- The "Global Clinical In Vitro Diagnostic Medical Laboratory Services Market: Strategy & Trends with Volume & Price Forecasts by Chemistry, Hematology, Microbiology, Pathology, Covid-19, and Molecular Dx by Country. Updated with Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Clinical Laboratory rose to the COVID challenge, but the end of the pandemic has created a new approach to diagnostics. Point of Care and Self Testing are threatening long term demand for clinical lab services but Molecular Diagnostics is driving runaway growth. Understand the opportunities and the threats in this comprehensive report.

The fundamentals are still here. Clinical laboratory testing is positioned to directly benefit from the explosion in biotechnology, especially genomics. A range of dynamic trends are pushing market growth and company valuations.

Trends like:

The genetic blizzard
Emerging economies and global prosperity
Pharmacogenomics
Healthcare expansion in China
Climate change
Globalization
Automation

Exciting technical developments especially in the area of molecular diagnostics and pharmacogenomics hold the promise of a dynamic, growing and evolving world market that is moving out of the national and regional orientation and onto a global stage.

The report provides data that analysts and planners can use. Hundreds of pages of information including a complete list of Current United States Medicare Fee Payment Schedules to help sharpen your pricing. Make facilities planning decisions. Forecast demand for new testing regimes or technologies. Make research investment decisions.

Based on extensive primary and secondary research the testing volume data is broken down into price and volumes allowing researchers and investors to quickly create informed and reasonable forecasts of demand. Existing laboratories and hospitals can use the information directly to forecast and plan for clinical facilities growth.

The report includes detailed breakouts for 15 Countries and 4 Regions. The report includes five year market forecasts.

Key Topics Covered:

1 Market Guides
1.1 Clinical Laboratory Services - Strategic Situation Analysis and Covid-19 Impact
1.2 Guide for Executives, Marketing, Sales and Business Development Staff
1.3 Guide for Management Consultants and Investment Advisors

2 Introduction and Market Definition
2.1 The Growing Demand for Clinical Testing
2.2 Defining the Opportunity
2.2.1 Volumes
2.2.2 Prices
2.2.3 Revenue Market Size
2.3 Methods and Sources
2.3.1 Authors
2.3.2 Sources
2.4 Perspective: Healthcare, the IVD Industry, and the COVID-19 Pandemic
2.4.1 Global Healthcare Spending
2.4.2 Spending on Diagnostics
2.4.3 Important Role of Insurance for Diagnostics

3 Overview of a Dynamic Market
3.1 Players in a Dynamic Market
3.1.1 Academic Research Lab
3.1.2 Diagnostic Test Developer
3.1.3 Genomic Instrumentation Supplier
3.1.4 Pharmaceutical/Reagent Supplier
3.1.5 Independent Testing Lab
3.1.6 Public National/regional lab
3.1.7 Hospital lab
3.1.8 Physician Lab
3.1.9 Audit Body
3.1.10 Certification Body
3.2 Segmentation - Different Approaches
3.2.1 Traditional Market Segmentation
3.2.2 Laboratory Focus and Segmentation
3.3 Structure of Clinical Testing Industry
3.3.1 The Hospital Lab - Share of the Pie
3.3.2 Key Role for Economies of Scale
3.3.3 Physician Office Lab's are Still Here
3.3.4 Physician's and POCT - Reviving Patient Service in China
3.4 National and Regional Diversity

4 Trends Driving a Changing Market
4.1 Growth Is Pushed from Many Sides
4.1.1 Understanding the Impact of Aging Population
4.1.2 COVID Related Testing Growth
4.1.3 Point of Care Testing can increase demand
4.1.4 Alternative Medicine Creates Testing Opportunity
4.1.5 Esoteric Testing Moving Mainstream
4.1.6 Genetic Based Testing Creates New Department and New Discipline
4.2 Factors at Work to Shrink the Market
4.2.1 Lower Unit Costs
4.2.2 Economic or population contraction
4.2.3 Testing usage analysis curtailing growth
4.2.4 Wellness has a downside
4.2.5 Test Displacement Impacts Important
4.2.6 Point of Care Testing
4.3 Automation
4.3.1 Stranded LIMS Investment
4.3.2 Software as a Service
4.3.3 Physician Office and Access Systems
4.4 Environment and Evolution
4.5 Diagnostic Technology Development
4.5.1 Next Generation Sequencing Fuels a Revolution
4.5.2 Impact of NGS on pricing
4.5.3 POCT/Self Testing Disruptive Force
4.5.4 Pharmacogenomics Blurs Diagnosis and Treatment
4.5.5 CGES Testing, A Brave New World
4.5.6 Molecular Diagnostics Technologies at The Forefront of Growth
4.5.7 Biochips/Giant magneto resistance based assay

5 Laboratory, Molecular Diagnostics and Genomic Testing Recent Developments
5.1 Recent Developments - Importance and How to Use This Section
5.1.1 Importance of These Developments
5.1.2 How to Use This Section
5.2 Seegene to Enter Syndromic MDx Space
5.3 EKF Diagnostics Acquires Advanced Diagnostic Laboratory
5.4 Molecular Health, EDGC Ink Liquid Biopsy Partnership
5.5 ProPhase Labs Acquires Nebula Genomics for $14.6M
5.6 Karius Cell-Free DNA Method to Detect Infection Validated
5.7 South Korean Firm EDGC to Expand Into Liquid Biopsy Space With Cf DNA Platform
5.8 TruDiagnostic Receives CLIA Certification for Kentucky Laboratory
5.9 Enzo Biochem Q2 Revenues Up 62 Percent
5.10 Thermo Fisher Gets CE Mark for High-Throughput COVID-19 Assay
5.11 FDA Issues Alert - False Negatives due to SARS-CoV-2 Mutations
5.12 Will Labs Use Expanded Molecular Testing Capacities Post-COVID-19?
5.13 Chinese Infectious Dx Firm Vision Medicals Completes Series B Financing
5.14 Cooperative Aims to Expand Clinical, Commercial NGS Access
5.15 Emerging COVID-19 Sequencing Assays - An Alternative to Existing Diagnostics?
5.16 CDC Ranks Two More Microbes as 'Urgent Threat'
5.17 ACLA Requests $5 billion to keep private labs going
5.18 Applied Biology to Launch New Laboratory for Hair and Skin Disorders
5.19 Quest Diagnostics Acquires Outreach Operations
5.20 Quest Diagnostics Buys Assets of Boston Clinical Laboratory Services
5.21 CLA Urges FDA to Halt Crackdown on PGx Testing
5.22 Quest Diagnostics Subsidiary Buys True Health Dx Assets
5.23 BioReference Laboratories selected by IPA Association

6 Profiles of Key Companies

Acibadem Labmed Laboratory
ACM Medical Laboratory
Adicon Clinical Laboratories
American Bio-Clinical Laboratories, Int'l
American Pathology Partners
ARUP Laboratories
Ascend Clinical
Assurance Scientific Laboratories
Aurora Diagnostics
Bio-Reference Laboratories
Bioscientia Institut fur Medizinische Diagnostik GmbH
BP Healthcare Group
Clinical Reference Laboratory
Clongen Laboratories
CompuNet Clinical Laboratories
Diagnosticos da America
DIAN Diagnostics Co., Ltd.
Enzo Biochem
Eone Laboratories
Eurofins Scientific
Exagen Diagnostics
Genzyme Corporation
Gribbles Pathology
Guangzhou Kingmed Diagnostics Group Co., Ltd.
Integrated Regional Laboratories
KDL Group
Laboratory Corporation of America
Lifelabs
Mayo Clinic Laboratories
Mid America Clinical Laboratories
MNG Labs
Myriad Genetics/Myriad RBM
NeoGenomics
OncoDNA
Pathology, Inc.
ProPhase Labs
Psychemedics Corporation
Quest Diagnostics
RDL Reference Laboratory
Sonic Healthcare
Spectra Laboratories
Sysmex Inostics
Unilabs

For more information about this report visit https://www.researchandmarkets.com/r/2jktvz

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