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Genoptix medical laboratory4/5/2024 For instance, according to the American Cancer Society, in 2019, there will be an estimated 1,762,450 new cancer cases diagnosed and 606,880 cancer deaths in the U.S. High prevalence of chronic diseases is expected to propel growth of the global clinical laboratory services market over the forecast period. Global Clinical Laboratory Services Market: Drivers The global clinical laboratory services market is estimated to account for US$ 255.5 billion in 2020 and expected to reach around US$ 381.6 billion by the end of 2027. These tests and services provided by clinical laboratories are recorded in the form of reports that help physicians in determining the best suitable course of treatment for the patient, depending upon various etiologic, demographic and financial factors. Information and Communication TechnologyĬlinical laboratories are essentially centers for conducting diagnostic testing services that help in identifying disease causes, level of progression (stage) of the disease, resultant abnormalities and imbalances in the physiology, and other such factors.
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