United States Clinical Laboratory Services Market: Growth Drivers, Trends, and Future Outlook

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The United States Clinical Laboratory Services Market is anticipated to exceed USD 214.2 Billion by 2033, growing at a CAGR of 6.9% from 2023 to 2033. The growing prevalence of chronic disorders is driving the growth of the clinical laboratory services market in the US.

A Comprehensive historical analysis of global market for United States Clinical Laboratory Services  has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the United States Clinical Laboratory Services  market.

The United States Clinical Laboratory Services Market is anticipated to exceed USD 214.2 Billion by 2033, growing at a CAGR of 6.9% from 2023 to 2033.

The report includes growth prospects in the global United States Clinical Laboratory Services  market by type, application, sub segement and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Healthcare and other sectors. Regional coverage spans North America, Europe, and rest of the world including Asia Pacific.

The US clinical laboratory services market is experiencing growth due to several factors. The rising prevalence of chronic diseases such as cystic fibrosis, sickle cell disease, Down Syndrome, and breast cancer, coupled with an aging population, is driving demand. According to an article from the National Center for Biotechnology Information (NCBI) in April 2023, 129,624 genetic tests, including updated versions of existing tests, are now available in the US. This increase in genetic testing and hospital admissions has led to a higher number of clinical laboratory tests being prescribed by doctors. Additionally, the growing need for early diagnosis and clinical laboratory services is significantly fueling market expansion

Leading players of United States Clinical Laboratory Services  including:

  • Laboratory Corporation of America
  • Illumina, Inc.
  • Quest Diagnostics Incorporated
  • NeoGenomics Laboratories, Inc.
  • ARUP Laboratories
  • Others

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Market split by Segement, can be divided into:

By Test Type

  • Clinical Chemistry
  • Hematology
  • Genetic Testing
  • Microbiology & Cytology
  • Others

By Age

  • Pediatric
  • Adult

 

Market segment by Region/Country including:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

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  • In March 2023, Illumina Inc., and Myriad Genetics Inc., a leader in genetic testing and precision medicine, announced the expansion of a strategic partnership to broaden access to and availability of oncology homologous recombination deficiency (HRD) testing in the United States.

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Whats covered in the report?

  • 1. Overview of the United States Clinical Laboratory Services  market.
  • 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the United States Clinical Laboratory Services  market, based on segement.
  • 3. United States Clinical Laboratory Services  Market trends.
  • 4. United States Clinical Laboratory Services  Market drivers.
  • 5. Analysis of major company profiles.

Reasons to buy this Market Report:


1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging United States Clinical Laboratory Services  market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging United States Clinical Laboratory Services  Industry.
3. Leading company profiles reveal details of key United States Clinical Laboratory Services  market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging United States Clinical Laboratory Services  market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the United States Clinical Laboratory Services  market over the upcoming seven years
7. Accurate estimation of the global United States Clinical Laboratory Services  market size
8. Exact estimations of the upcoming trends and changes observed in the consumer behavior
9. Growth of the global United States Clinical Laboratory Services  market across the North & South America, EMEA, Asia Pacific, and Latin America
10. Information about United States Clinical Laboratory Services  market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the United States Clinical Laboratory Services  market

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