Acumen Research and Consulting Clinical Laboratory Services Market | Page 2

The market growth is also expected to spur unsatisfactory medical needs for disease management, together with subsequent increase in patient awareness. Furthermore, there will be a positive market growth impact on the presence of an effective regulatory structure to monitor laboratory operations. In order to meet standards and guidelines set by CLIA, clinical laboratories are enforced. The clinical workflows are thus safely and effectively implemented to improve patient outcomes and thereby drive demand for clinical laboratory services. Market participants have adopted various strategies to strengthen their position in the industry. As a result, for example, Quest Diagnostics acquired the Boyce and Bynum Pathology Laboratories (BBPL) clinical laboratory services segment in February 2019. BBPL should be an exclusive pathology product provider for Quest Diagnostics through this acquisition. RenalytixAI also partnered with AKESOgen in February 2019 to provide clinical laboratory service. They both supply under the name of RENX AI Labs, LLC. RenalytixAI aims to expand its contract and clinical Diagnosis business segment with this partnership. View Detail Information with Complete TOC@ https://www.acumenresearchandconsulting.com/clinical- laboratory-services-market Growth Factors That said, there are also some setbacks on the global laboratory services market. The unsatisfactory need for improved laboratory diagnostic devices and the general lack of clinical expertise in still developing countries hinder prospects. The growing threat of bioterrorism, on the other hand, is a notable trend in the global clinical laboratory systems, creating new and exciting opportunities. In addition, the wave of modernization is witnessed by clinical laboratory facilities in different developing regions. The increased awareness that disease conditions are being diagnosed promptly, especially in an aging population, gives a boost to requirements in different clinical workplaces. The increasing use of high- Would like to place an order or any question, please feel free to contact at [email protected] | [phone]