Clinical Laboratory Services Market Progressing At A CAGR Of 6.4% For The Forecast Period From 2019 To 2025 : Grand View Research Inc.
San Francisco, 21 August 2019: The Report Clinical Laboratory Services Market Size, Share & Trends Analysis Report By Service Provider (Hospital-based, Stand-alone), By Test Type (Medical Microbiology & Cytology, Clinical Chemistry), And Segment Forecasts, 2019 – 2025 The global clinical laboratory services market size is expected to reach USD 326.97 billion by 2025 and is projected to grow at a CAGR of 6.4%, according to a new report by Grand View Research, Inc. Improvement in database management tools, introduction of integrated workflow management systems, and wide acceptance of Point-of-Care (PoC) testing solutions are some of the key factors driving the market. Unmet medical needs pertaining to disease management along with subsequent rise in patient awareness levels is also expected to spur the market growth. Furthermore, presence of effective regulatory structure to oversight the laboratory operations will have a positive impact on the market expansion. Clinic