Medical and diagnostic laboratories perform tests on clinical specimens in order to gain insights and information on patients' health conditions. Tests performed on the clinical specimens’ aid in the diagnosis, treatment, and prevention of diseases. These laboratories are distinct from the medical research laboratories involved in development of new drugs and treatments. The medical and diagnostic laboratory services industry comprises establishments primarily engaged in the detection and prevention of disease.
The top five companies covered are Laboratory Corporation of America, Quest Diagnostics, Inc., Sonic Healthcare Limited, Eurofins and OPKO Health, Inc. Laboratory Corporation of America was the largest company in the medical and diagnostic laboratory services market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global medical and diagnostic laboratory services market was valued at around $201 billion in 2017. Asia Pacific was the largest region in the medical and diagnostic laboratory services market in 2017, accounting for above 37% market share. The USA was the largest country in the market in 2017, accounting for 24% of the market.
The health and wellbeing of individuals can be measured by using biomarkers to assess factors behind sleep disorders and symptoms of stress. Biomarkers such as cortisol, testosterone, and secretory IgA can indicate changes in immune system relating to physical and mental conditions. This can be used by physicians to know the causative factors behind such conditions. This is a premium service primarily targeted at wealthy individuals and the senior employees of corporations.
Minor Orthopedic Replacement Implants Global Market Exceeds $1.5 Billion
Minor orthopedic implant market to be worth $2.2 billion by 2021, analysts say
Organs-on-Chips to Revolutionize the Drug Development Industry
Russia’s Musculoskeletal Drugs Market Is Catching Up With The Rest Of Europe
The Fastest Growing Regions for Dermatological Drug Sales Are the Middle East and South America
Growth of Middle Class Is Causing Heart Drugs Market In Asia Pacific To Accelerate, Says TBRC
8% Growth in Asia Pacific Presents Pharma Investors with Good Opportunities
Increasing Global Obesity And Stress Levels Mean Rapid Growth To Continue For Musculoskeletal Drugs Market
Blood Glucose Test Strips Global Market Report 2018
Veterinary Services Global Market Report 2018
Podiatry Services Global Market Strategies and Opportunities to 2021
Minor Orthopedic Implants Replacement Global Market Opportunities And Strategies To 2021
Biologics Global Market Opportunities And Strategies To 2021
Pharmaceutical Drugs Global Market Opportunities And Strategies To 2021
Blood Glucose Test Strips Global Market Opportunities And Strategies To 2021
Veterinary Serices Global Market Opportunities And Strategies To 2021