Analysis of the US Clinical Laboratories Market
The majority of the quantitative and qualitative information contained in this research service was acquired through primary research conducted with individuals from clinical laboratories. Several consultations were conducted with vice presidents of business units and marketing, product managers, marketing managers, marketing directors, and business development directors from competitors in reference and specialty laboratories. Industry-specific information obtained includes:
Revenue breakdowns by customer segments: hospital-based labs, independent labs, and physician office laboratories (POLs)
Revenues, market share estimates, and projected growth rates of competitors
Top-level understanding of market drivers, restraints, laboratory counts, and test volume by specialty Supplementary research was conducted utilizing secondary sources including scientific journals, online media, Frost & Sullivan databases and research services, and publicly available corporate filings. Forecasts are based on the data and analyses regarding industry challenges, market drivers and restraints, and market trends. If specific revenues or market sizes were unavailable, estimates were derived through consultations with industry experts, augmented by secondary research. Growth trends specific to certain market participants are based on consultations, past growth rates, and regulatory governance.
About this report
This research service evaluates the US clinical laboratories market. The analysis provides extensive understanding of test distribution in independent laboratories (reference and specialized), physician office laboratories, hospital-based labs, and others including retail clinics and mobile diagnostic centers. The study covers the potential impact of the Food and Drug Administration’s laboratory-developed test (LDT) regulation guideline on clinical laboratories and the effects of the physician fee schedules (PFS) and clinical laboratory fee schedules (CLFS) on the price of tests. Key companies to watch for high-complexity testing and home health monitoring have been assessed. The study period is from 2012 to 2018; the base year is 2014.
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