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Diagnostic tests or clinical laboratory tests have a very important role in the diagnosis of any disease and in the healthcare system. These tests are the basis of most of the medical decisions. The laboratory tests are mainly of three types, clinical or routine tests, anatomic pathology tests and esoteric tests. Diagnostics tests have a little wider coverage than the clinical laboratory tests.
Payors play an important role in this industry as they are the ones who reimburse the cost of the tests to the laboratories. There are both government and private payors and include healthcare insurers also. Each of these payors operates differently and also have different share in the reimbursements depending upon the countries. The laboratory testing industry is also supported by the In Vitro Diagnostic industry which supplies all the instruments used in the laboratory tests.
International Laboratory Accreditation Cooperation (ILAC) is the international body for accrediting these laboratories. Each country or region has an independent accrediting body which is ultimately a member of or affiliated to the ILAC, to provide accreditation to the laboratories.
With the increasing awareness about early detection and prevention of diseases and the aging of the world population, the industry is poised for rapid growth. There are various players in this industry. Most players are limited to a country or a region but a few operate more widely. For example, Quest Diagnostic and LabCorp in USA, LAbco Diagnostics in Europe, Sonic Healthcare (SHL), Symbion Health, and Healthscope (HSP) in Australia.
The report broadly includes the following:
1. Clinical Laboratory Testing: An Overview
2. Market Size
2.1 European Market
Market Value by Segments
Market Value by Region
2.2 US Market
Market Growth
Market Segments
Market Share
2.3 Australian Market
Market Share
2.4 New Zealand
Market Share
3. Reimbursements
3.1 US Market
3.2 New Zealand and Australia
4. Market Features
4.1 Accreditation System
4.2 Growth Drivers
4.3 Market Issues
5. Company Profiles
5.1 Quest Diagnostics
5.2 Laboratory Corp. of America
5.3 Healthscope
5.4 Sonic Healthcare
List of Tables
European Diagnostic Testing Scenario
Growth Rates of Test Types in US
List of Charts
Types of Clinical Tests
Europe Clinical Diagnostics Market by Segments (2007)
European Clinical Laboratory Market by Region (2006)
US Diagnostic Laboratory Testing Market by Segment (2006)
US Diagnostic Laboratory Testing Market Share (2006)
Australia - Growth in Medicare Outlays (2000-06)
Market Share of Australian Private Pathology Market (2006)
Market Share of New Zealand Pathology Market (2006)
Payors Breakup in US Clinical Laboratory Market (2006)
Sales and Assets Growth of Quest Diagnostic (2003-07)
Sales and Assets Growth of LabCorp (2003-07)
Sales and Assets Growth of Healthscope (2003-07)
Sales and Assets Growth of Sonic Healthcare (2003-07)
About Koncept Analytics
Founded in 2005, Koncept Analytics (konceptanalytics.com) works with the clients in developing an understanding of the various industries – segments and sub-segments, companies, competitors and suppliers.
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