The global clinical diagnostics market is expected to witness significant growth during the forecast period, driven by the development of sophisticated and specialized tests for early disease detection and disease management, and increasing demand for clinical laboratory automation. The extensive use of point of care diagnostic products has introduced a decentralization trend in the healthcare diagnostics market. The clinical diagnostics market comprised of assays, reagents, instruments, and services that aid in the diagnosis and treatment of diseases. The global healthcare community foresees great prospects for the clinical laboratory services market, as it offers ample opportunities for personalized medicine and administers accurate therapeutic decisions at the right time to the right patient with minimal risk.
Impact of COVID 19
The recent outbreak of coronavirus (COVID 19) will exert a deep impact on the clinical diagnostic market as many diagnostic laboratories are increasingly adopting newer diagnostic techniques and offering accurate and reliable diagnostic for patients, these clinical laboratories will come under increased pressure and increased risk associated with hospital-acquired infections. In February 2020, the U.S. Food and Drug Administration issued a new policy for certain clinical laboratories seeking to develop diagnostic tests for coronavirus to achieve an expedite testing capacity in the U.S.
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Clinical Diagnostics Market Segmentation
By Type of Tests
" 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