Bharat Book Bureau Provides the Trending Market Research Report on “Global Clinical Diagnostics Market By Type of Test (Lipid Panel, Metabolic Panel, Complete Blood Count, Infectious Disease Testing, Others), By Product (Instruments, Reagents, Assays and Kits, Software & Services), By Application (Infectious Disease, Cardiovascular, Cancer, Others), By End-User (Diagnostic Laboratory, Hospital & Clinics, Others) By Region, Competition, Forecast & Opportunities, 2026 ”under Diagnostics Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
The global clinical diagnostics market was valued at around USD 56 billion in 2020 and is expected to grow at a steady CAGR of 8.59% during the forecast period. The global clinical diagnostics market is driven by increasing prevalence of diseases caused due to sedentary lifestyle such as diabetes, cardiovascular diseases, high blood pressure, lipid disorders, among others. Furthermore, increase in the number of patients suffering from chronic kidney diseases and cancer is also expected to drive the market for clinical diagnostics during the forecast years. Additionally, benefits such as quick test results, easy procedure of testing, ease of procurement of samples, less pain, among others associated with clinical diagnostics are further anticipated to propel the market through 2026.
Clinical diagnostics includes medical tests that are performed in a pathology or a diagnostic center or hospital or any other medical facility to diagnose or detect any disease or any other medical conditions. These tests help in early detection of a disease and identify the associated risk factors thereby creating opportunities for prevention and treatment.
The global clinical diagnostic market can be segmented based on type of test, product, application, end-user, company and region. Based on type of test, the market can be fragmented into lipid panel, metabolic panel, infectious disease testing, complete blood count and others. The lipid panel type of test segment is expected to dominate the market during forecast period owing to the significant increase in the number of people suffering from diseases caused due to obesity and sedentary lifestyle. Additionally, growing risks of cardiovascular diseases and cholesterol related problems is further driving the growth of this segment across the globe. Infectious disease segment is expected to exhibit the highest growth due to increase in prevalence of COVID-19. Based on product, the market can be categorized into instruments, reagents, assays and kits, and software & services. The assays and kits segment is expected to hold a significant market share over the next five years. This can be accredited to the increasing use of assays and kits for COVID-19 testing and in point of care and self-testing product kits.
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Key Target Audience:
- Clinical diagnostics hospitals, diagnostic laboratories and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to clinical diagnostics
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as hospitals, diagnostic laboratories and partners, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
n this report, global clinical diagnostics market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Type of Test:
Infectious Disease Testing
Complete Blood Count
- Market, By Product:
Assays and Kits
Software & Services
- Market, By Application:
- Market, By End-User:
Hospital & Clinics
- Market, By Region:
Middle East & Africa
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