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Asia Pacific Medical Laboratories Market 2017- Strategy Resources, Manufacturers,Supply and Forecasts 2023

Wednesday, March 15, 2017 3:43
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(Before It's News)

Latest industry research report on Medical Laboratories Market. Medical laboratories are independent, commercial enterprises that provide analytic services to the healthcare professionals. Medical Labs facilitate tests on clinical specimens and help determine the cause of disease by evaluating a patient’s medical examination. The Asia Pacific medical laboratories market is growing expeditiously owing to rising incidence rates of chronic diseases such as obesity, cardio-vascular ailments, cancer, diabetes and the increasing cost of healthcare services worldwide.

The Asia-Pacific region is growing swiftly in the medical laboratories market owing to cost effective medical treatments, increased awareness for medical testing services and favorable government initiatives to improve healthcare.

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While the demand for medical laboratories has increased considerably in recent years, the market also poses a major challenge in the form of inadequate skilled workers.

Anatomical pathology testing is expected to grow at the fastest CAGR during the forecast period of 2013- 2020, owing to the increasing incidence rates of infectious diseases and leading to an increase in procedure volumes.

The Asia Pacific medical laboratories market is segmented into three major categories: application, end user and geography.

BY APPLICATION

  • Routine medical testing
  • Esoteric medical testing
  • Anatomical pathology testing
  • Diagnostic imaging services
  • Others

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BY END USER

  • Hospital-Based Laboratories
  • Stand-Alone Laboratories
  • Clinic-Based Laboratories

BY GEOGRAPHY

  • China
  • Japan
  • India
  • Australia
  • Others

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