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Diagnostic tests or clinical laboratory tests have a very important role in the diagnosis of any disease and in the healthcare system. These tests are the basis of most of the medical decisions. The laboratory tests are mainly of three types, clinical or routine tests, anatomic pathology tests and esoteric tests. Diagnostics tests have a little wider coverage than the clinical laboratory tests.
Payors play an important role in this industry as they are the ones who reimburse the cost of the tests to the laboratories. There are both government and private payors and include healthcare insurers also. Each of these payors operates differently and also have different share in the reimbursements depending upon the countries. The laboratory testing industry is also supported by the In Vitro Diagnostic industry which supplies all the instruments used in the laboratory tests.
International Laboratory Accreditation Cooperation (ILAC) is the international body for accrediting these laboratories. Each country or region has an independent accrediting body which is ultimately a member of or affiliated to the ILAC, to provide accreditation to the laboratories.
With the increasing awareness about early detection and prevention of diseases and the aging of the world population, the industry is poised for rapid growth. There are various players in this industry. Most players are limited to a country or a region but a few operate more widely. For example, Quest Diagnostic and LabCorp in USA, LAbco Diagnostics in Europe, Sonic Healthcare (SHL), Symbion Health, and Healthscope (HSP) in Austraila.
This report analyzes the global clinical laboratory market and various aspects of the market like reimbursement market and In Vitro Diagnostic market. It has also covers various countries and the respective markets, their issues and growth drivers. The report also profiles the leading players of this industry.
Contents
1. CLINICAL LABORATORY TESTING: AN OVERVIEW
Routine Tests
Anatomic Pathology Tests
Esoteric Tests
2. MARKET SIZE
2.1 European Market
Market Value by Segments
Market Value by Region
2.2 US Market
Market Growth
Market Segments
Market Share
2.3 Australian Market
Market Share
2.4 New Zealand
Market Share
3. REIMBURSEMENTS
3.1 US Market
Medicare
Medicaid
Healthcare Insurers
3.2 New Zealand and Australia
4. MARKET FEATURES
4.1 Accreditation System
4.2 Growth Drivers
Ability to Leverage Database Information
Shift to Preventive Medicine
Demographic Trends
Increase in Cancer Survival and Incidence Rates
Cost Effectiveness of Laboratory Testing
Emergence of Point-of-Care (POC) Testing
Personalized Medicine
4.3 Market Issues
Cross Border Delivery of Clinical Laboratory Services
Reimbursement Risk from Government and Managed Care Payors
5. COMPANY PROFILES
5.1 Quest Diagnostics
Overview
Business Strategies
Leading Medical Innovation & IT Solutions
Attracting Patients with Superior Services
5.2 Laboratory Corp. of America
Overview
Business Strategies
Differentiation Drives Growth
Managed Care Partnerships
Customer Retention through Exceptional Service
5.3 Healthscope
Overview
Business Strategies
Restructuring through Acquisitions & Disposals
Shareholder Communication Strategy
5.4 Sonic Healthcare
Overview
Business Strategies
Medical Management and Leadership
LIST OF TABLES
European Diagnostic Testing Scenario
Growth Rates of Test Types in US
LIST OF CHARTS
Types of Clinical Tests
Europe Clinical Diagnostics Market by Segments (2007)
European Clinical Laboratory Market by Region (2006)
US Diagnostic Laboratory Testing Market by Segment (2006)
US Diagnostic Laboratory Testing Market Share (2006)
Australia - Growth in Medicare Outlays (2000-06)
Market Share of Australian Private Pathology Market (2006)
Market Share of New Zealand Pathology Market (2006)
Payors Breakup in US Clinical Laboratory Market (2006)
Sales and Assets Growth of Quest Diagnostic (2003-07)
Sales and Assets Growth of LabCorp (2003-07)
Sales and Assets Growth of Healthscope (2003-07)
Sales and Assets Growth of Sonic Healthcare (2003-07)
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