According to a new research report by RNCOS, the US Clinical Laboratory Testing Market has grown significantly over the past few years owing to various key factors including active private sector participation through mergers & acquisitions and usage of new technologies. Taking all these factors into consideration, the Clinical Laboratory Testing Market in the US during 2011 posted an amount worth US$ 61 Billion. Moreover, the industry is expected to grow at a CAGR of around 6% during 2012-2015 with aging population and other drivers that are boosting the market landscape. Some challenges (reimbursement pressure and lower healthcare utilization), however, are to be tackled in order to keep the growth lucrative.
Research Analysis and Highlights
The report, “US Clinical Laboratory Testing Market Assessment” by RNCOS, spread around in 40 pages, provides an in-depth research and rational analysis of the current status and expected position of the US Clinical Laboratory Testing Market. It facilitates the future forecasts on overall Clinical Laboratory Testing Market size during 2012-2015. Moreover, the report analyzes the current performance of types of tests (routine testing, esoteric tests, anatomic pathology etc.) and industry participants (hospital labs, independent labs and physician office labs). It analyzes the opportunity assessment for companies in the US Clinical Laboratory Testing Market in terms of consolidations and leading technologies.
Some of the report’s key highlights include:
- Mergers and Acquisitions to Positively Impact Highly Fragmented US Clinical Laboratory Testing Market.
- Hospital Outreach Labs – A Key Focus Area in the Market.
- Anatomic Pathology to Boost US Clinical Laboratory Testing Market.
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