Clinical Laboratory Services Market - Growth Opportunities, Competitive Analysis and Competitor Profiles (2011-2016)
By: marketsandmarkets.com
Publishing Date:
July 2012
Report Code:
PH 1759
Clinical laboratories are an essential part of the healthcare industry. It is estimated that approximately 80% of a physician's diagnoses are a result of laboratory tests. The constant pressure to reduce healthcare spending is shifting healthcare utilization in favor of the laboratory, making it an even more valuable part of the treatment plan. As hospital stays are shortened, contact between the physician and patient is reduced, which places a larger role on labs to gather, interpret, and deliver accurate information to the physician in a timely manner. We can expect to see an increase in the number of clinical labs, particularly in the independent sector, as these trends continue to influence the industry. A trend towards preventive and risk factor testing has been noted in several disciplines, particularly in the areas of oncology, endocrinology, and gynecology. Physicians in these areas are taking full advantage of testing for early detection and disease prevention.
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