Global Clinical Laboratory Testing Market Report: 2012 Edition

Clinical laboratory testing market is one of the prime segments of healthcare industry. The market for clinical laboratory testing has seen significant growth in the recent years and it is expected that the market will continue to grow even further in near future. The growth of the market is mainly driven by global aging demographics and healthcare reforms.

The US was the largest market for clinical laboratory testing. In 2010, the clinical laboratory testing market has registered significant growth compared to the previous year. In the US, Clinical pathology segment recorded higher sales by value compared to other segments such as Anatomical pathology, Molecular pathology, and Cytology. In 2010, the hospital based labs in the US have recorded higher sales compared to independent labs and physician office labs.

Other key markets for clinical laboratory testing include Europe and Australia. Within Europe, France and Germany are the key market for clinical laboratory testing. The clinical laboratory testing market in Australia has significant growth opportunity in near future as the GDP and aging population of the country is growing rapidly. During 2010-2011, the number of pathology collection centers in Australia has grown significantly to meet the growing demand in the country.

In 2010, Roche was the market leader of global in-vitro diagnostics market followed by Siemens and Beckman Coulter, whereas, the US clinical laboratory market was led by Quest Diagnostics followed by LabCorp. In Australian laboratory testing market, Sonic Healthcare was the market leader followed by primary healthcare and Healthscope.

The report analyzes the clinical laboratory testing market, with focus on the US, Europe and Australia. The growth drivers, trends and challenges are also discussed. The major regional players have been profiled, highlighting their strategies for this growing market.

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the US clinical laboratory market. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.