Genomic Testing is fastest growing segment fueling the growth of Clinical Laboratory Services Market
Clinical Laboratory Services Market The global Clinical Laboratory Services Market is estimated to be valued at US$ 321.35 Bn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Clinical laboratory services include blood tests, urine analysis, tissue biopsies and other tests conducted on human specimens to obtain information about health, disease conditions, and for detection of medical conditions. These tests help clinicians in diagnosis, treatment and prevention of diseases. Market key trends: One of the major trends in the clinical laboratory services market size is increasing use of advanced technologies such as automated instruments, analyzers, and molecular diagnostics. Automated analyzers provide quick turnaround time with reduced room for human error and increased productivity. Molecular diagnostic techniques such as Polymerase Chain Reaction (PCR), ...