The demand for clinical laboratory tests is driven by growing investments in diagnosing target diseases such as cardiovascular disorders, tuberculosis, and diabetes as well as the COVID-19 pandemic, have created a positive outlook for the clinical laboratory tests market, as per a study by
The global clinical laboratory tests market size is expected to reach
Presence of favorable reimbursement plans for laboratory tests is anticipated to positively influence the global market. According to an article published in the
In addition, growing demand for early detection of several diseases is anticipated to drive the clinical laboratory tests market over the forecast period. For instance, biochips are used for preparing thousands of DNA, RNA, or protein samples that can be processed on a single chip at the same time. According to an article published in the
In
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Clinical Laboratory Tests Market Report Highlights
* In 2019, basic metabolic panel dominated the type segment owing to the increasing prevalence of lifestyle-induced diseases
* Lipid panel is projected to register a CAGR of 8.0% over the forecast period owing to rising incidences of cardiovascular disorders globally
* In 2019, hepatitis dominated the liver panel segment whereas liver cirrhosis is estimated to be the fastest-growing sub-segment over the forecast period
* Central laboratories dominated the overall market in 2019 owing to the expansion of key laboratories such as
* Primary clinics is anticipated to register a significant CAGR of 7.6% from 2020 to 2027 owing to advancements such as portable and rapid diagnostic tests
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Clinical Laboratory Tests Market Segmentation
Clinical Laboratory Tests Type Outlook (Revenue, USD Billion, 2016 - 2027)
* Complete blood count
* HGB/HCT
* Basic metabolic panel
* BUN creatinine tests
* Electrolytes testing
* HbA1c tests
* Comprehensive metabolic panel
* Liver panel
* Renal panel
* Lipid panel
Clinical Laboratory Tests End-use Outlook (Revenue, USD Billion, 2016 - 2027)
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Clinical Laboratory Tests Regional Outlook (Revenue, USD Billion, 2016 - 2027)
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