Infectious diseases are considered as the leading causes of death across the globe. As per the World Health Organization, lower respiratory infections caused 3 million deaths in 2017 globally. Growing patient awareness towards the importance of clinical diagnostic tests and the availability of cost-effective diagnostic tests drives the market growth.
Wide variety of clinical tests facilitate the ability to efficiently diagnose diseases, and over 4,000 clinical tests are available today, such as lipid profiling, complete blood count, HbA1c tests, HGB/HCT, creatinine estimation, liver profiling, electrolytes testing, allergy profile testing, basic and comprehensive metabolic tests, and renal profile tests. Clinical testing laboratories offer these tests and services to meet the needs of the medical industry, further driving the market growth.
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Impact of COVID-19
The coronavirus outbreak has surged the need for accurate clinical laboratory test methods. The governments across the globe are actively working to develop functional and effective COVID-19 clinical diagnostic kits to control the prevalence and decelerated the death toll. Recently, the U.S. based ‘Ortho Clinical Diagnostics’ launched an immunodiagnostic kit to detect antibodies (including IgG and IgM) such as SARS-CoV-2 and immune response to the virus.
Clinical Laboratory Services Market Segmentation
By Test Type
By Service Provider
" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast PeriodsView Full Report Buy This Report Now