1. Market Research
  2. > Healthcare
  3. > Diagnostics Market Trends

Analysis of the US Clinical Laboratories Market 

  • October 2015
  • 96 pages
  • Frost & Sullivan
Report ID: 3343839


Table of Contents

Analysis of the US Clinical Laboratories Market : Decentralization will Significantly Increase Retail Setting Test Volume by 2017

Key Findings

The clinical laboratories market in the United States was valued at $ Billion in 2015. Value is expected to rise to $ Billion by 2018 at a compound annual growth rate (CAGR) of %.

Market Drivers:

Factors propelling growth include increased medical innovation in companion diagnostics and personalized medicine, uptake of newer technologies providing faster turnaround time (e.g., digital pathology and liquid biopsy), and increased test utilization due to emphasis on early detection and screening.

Market Restraints:

Factors restraining growth include increased Food and Drug Administration (FDA) regulatory oversight of laboratory-developed tests (LDTs), delayed (k) review periods that affect entry of new tests into the market, reimbursement pressures because of cuts in physician fee schedules (PFS) and clinical laboratory fee schedules (CLFS) that result in market consolidation, and a test volume shift from laboratories to retail clinics.

Future Trends

- Decentralized testing will promote the healthy growth of retail clinics and easier access to low-cost healthcare.

- Manufacturers will see high growth in the point-of-care (POC) testing sales of reagents and analyzers as there activity increases in walk-in clinics. Manufacturers will also offer disruptive technologies based on microfluidics and cheaper disposable cartridges for near-site testing.

- By 2020, Frost & Sullivan predicts about a % reduction in the CLFS based on the current imposed laws. As a result, many fee-for-service models and outreach practices will be in jeopardy, paving the way for value-based healthcare delivery.

Specialty laboratories will remain acquisition targets for bigger reference laboratories because of their strong growth in genetic and molecular testing. These laboratories perform high-value testing; as a result, healthy growth is projected.

- Pricing transparency in the healthcare marketplace will be a trend. Laboratories will disclose test prices, encouraging customers to shop around.

- The FDA’s LDT guidance, if implemented, would affect several high-risk tests and restrain revenue for several specialty diagnostic companies.

- Use of customer relationship management (CRM) and other informatics tools to support data availability and enable physicians to make guided reimbursements will become the norm. Laboratories will also embrace interoperability standards.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:


The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Pharmaceutical, Laboratory and Hygienic Glassware Markets in the World to 2021 - Market Size, Trends, and Forecasts

  • $ 26587
  • Industry report
  • July 2017
  • by Global Research & Data Services

This industry report package offers the most up-to-date market data on the actual market situation, trends, and future outlook for pharmaceutical, laboratory and hygienic glassware in the world. Along ...

World Molecular Diagnostic Analyzers and Reagents Market 2021: USA, Europe, Japan--Supplier Shares by Test, Competitive Strategies, Test Volume and Sales Segment Forecasts, Technology and Instrumentation Review

  • $ 15900
  • Industry report
  • June 2017
  • by Venture Planning Group

Complete report $34,500.  DataPack (test volumes, sales forecasts, supplier shares) $15,900. This new seven-country study from VPGMarketResearch.com contains 1,398 pages, 194 tables, and is designed to ...

Laboratory Water Purifier Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2022

  • $ 10500
  • Industry report
  • June 2017
  • by Transparency Market Research

Global Laboratory Water Purifier Market: Overview This report aims to provide a comprehensive strategic analysis of the global laboratory water purifier market along with revenue and growth forecasts fo ...

Download Unlimited Documents from Trusted Public Sources

The future of the Pharmaceutical Industry in India

  • August 2017
    2 pages
  • Pharmaceutical  


  • India  


View report >

Laboratory Statistics

  • August 2017
    81 pages
  • Laboratory  

    Blood Supply  

View report >

Diagnostics Industry in Europe

  • August 2017
    38 pages
  • Diagnostics  

    Antibiotic Resi...  

  • Europe  

View report >

Laboratory Statistics

1 month ago

Related Market Segments :



Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.