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Koncept Analytics Publishes New Report on Clinical Laboratory Testing Market - The report analyzes the clinical testing market, with focus on the US market. The report introduces the market by defining clinical as well as diagnostic testing markets, the type of tests, the regulatory environment, the customers and the payers
Koncept Analytics Publishes New Report on Clinical Laboratory Testing Market

 

NewswireToday - /newswire/ - Delhi, India, 2009/08/26 - The report analyzes the clinical testing market, with focus on the US market. The report introduces the market by defining clinical as well as diagnostic testing markets, the type of tests, the regulatory environment, the customers and the payers.

   
 
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Clinical Laboratory testing market, also called the diagnostic testing market in broader terms, includes all the medical tests done at the laboratories. Laboratory testing forms the basis for most of the decisions in diagnosis, treatment, and prognosis.

There has been a notable shift away from traditional, fee-for-service medicine to managed-cost health care, bringing about many market-based changes in the clinical laboratory market. There has also been an increased focus on preventive medicine driving the market. The increasing aging population is the primary driver of this market. The resultant shift towards esoteric and genomic testing has further driven the growth of the market.

Within Europe, Germany is the largest pathology market. China is a major Asian market in laboratory testing. The players in this market are also concentrated regionally and there are no global players. Quest Diagnostic and Laboratory Corporation of America are focused on the US market. Sonic Healthcare, Primary Health Care and Healthscope are the major players present in the Australian market. LabCo is a player focusing entirely in Europe, while Quest and others are also present there. The regional markets seem to be merging as the players are now expanding their reach beyond their domestic markets.

Laboratory services are being provided mainly by three type of service providers, hospital-based laboratories, physician-office laboratories, and independent clinical laboratories. The independent clinical laboratories include all the private players like Quest, LabCorp discussed in this report. These service providers are being reimbursed by the payers for their services. Payers include both public payers like Medicare and Medicaid and private payers like private insurers.

The report broadly includes the following:

1. Overview

2. Market Size
2.1 US Market
2.1.1 US Regional markets
2.2 European Market
2.3 Australian Pathology Market

3. Reimbursement

4. Market Dynamics
4.1 Growth Drivers
4.2 Market Trends
4.3 Market Challenges

5. Mergers & Acquisitions

6. Company Profiles
6.1 Quest Diagnostics
6.2 Laboratory Corp. of America
6.3 Sonic Healthcare
6.4 Healthscope

7. Market Outlook
7.1 Market Forecast
7.2 Forecast Methodology

List of Tables

Customers & Payers for Independent Clinical Laboratories
CLIA Laboratories by Type of Facilities (2008)
US Top 10 MSA Estimated Lab Markets (2008)
European Diagnostic Testing Scenario
CAGR of US Aging & Total Population (2010-30E)
Selected Clinical Laboratory Mergers & Acquisitions (2000-07)
Dependent & Independent Variables (2002–08)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output

List of Charts

Type of Laboratory Tests
Global Government Healthcare Expenditure as % of GDP by Country (2007)
Global Total Healthcare Expenditure as % of GDP by Country (2007)
US NHE & PHCE Growth (2000-08P)
US Healthcare Spending Breakdown (2008)
US Clinical Laboratory Market Growth (2000-08E)
US Laboratory Testing Market Share by Revenue (2008E)
US Laboratory Testing Market by Type of Tests (2007)
CLIA Accredited Laboratories in US (1993-2007)
Europe Diagnostics Market by Segment (2007)
Switzerland Laboratory Market by Types of Labs (2007)
Australian Medicare Pathology Market (2005-07)
Australian Pathology Market Share (2008E)
Australian Pathology Revenue Market Share Growth (2006-09E)
US Laboratory Revenue Market Share by Payers (2008E)
Clinical Laboratory Industry Revenue/Pricing per Accession by Payor (2007)
US Aging Population Growth (2000-08)
US Healthcare Expenditure Growth (2000-08P)
US Personal Healthcare Expenditure on Physicians & Clinics (2000-08)
Sales Growth of Quest Diagnostics (2004-08)
Sales Growth of LabCorp (2004-08)
Sales Growth of Sonic Healthcare (2004-08)
Sales Growth of Healthscope (2004-08)
US Clinical Laboratory Testing Market Forecast (2009-12E).

 
 
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Koncept Analytics Publishes New Report on Clinical Laboratory Testing Market

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Publisher Contact: Vikas Gupta - KonceptAnalytics.com 
+91 12 04130959 vikas[.]konceptanalytics.com
 
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