2020 US Laboratory Market Report: Data on Biggest Trends Shaping Laboratory Testing
Dublin, Oct. 30, 2020 (GLOBE NEWSWIRE) -- The "2020 Laboratory Market Report" report has been added to ResearchAndMarkets.com's offering.
The 2020 Laboratory Market Report reviews the current landscape of U.S. clinical diagnostics and provides data on the biggest trends shaping laboratory testing. The report also reviews the challenges and opportunities unique to each market segment, and looks at forecasts for newly developing testing technologies.
Routine testing dropped 50-60% during the first two months of the pandemic, causing revenue declines of more than $5 billion
U.S. laboratory testing market was valued at $82 billion in 2019
In 2018, labs experienced revenue declines of $300-670 million under PAMA
Who Should Buy This Report:
Healthcare investors
Health systems
Healthcare distributors
Healthcare manufactures
Group Purchasing Organizations
Government Health Agencies
State Health Agencies
Healthcare Providers
Key Topics Covered:
Executive Summary
Laboratory Market Overview
Molecular, Antigen, And Serological Testing Central To Public Health During COVID-19
Emergency Use Authorizations Issued For Immediate Testing Of COVID-19
COVID-19 Challenges Diagnostics Supply Chain
Routine Lab Testing Volumes Decrease During Pandemic
Laboratory Revenues Decline More Than $5 Billion During First Two Months Of COVID-19
25% Of Labs Perform Non-Waived Tests
Private Insurance Largest Payer For Lab Tests
Number Of Pharmacy And ASC Labs Increase In 2019
Hospital Lab Market Valued At $48 Billion
Independent Lab Market Valued At $28 Billion
Independent Labs Testing Volumes Decline During COVID-19
Physician Office Lab Market Worth $5 Billion
67% Of Physician Offices Have A Certificate Of Waiver
Number Of Labs Serving Assisted Living Market Increases by 5.8% In 2019
Under PAMA, Rates Move Downward By Nearly 10%
Criticisms Of PAMA Spur Congress To Pass LAB Act
Labs Servicing Nursing Homes Are Most Impacted By PAMA
PAMA Leads Labs To Refer More Tests Out
Lab Workforce Expected To Grow Faster Than Overall Employment
Worker Shortages Widespread In Lab Industry
Molecular Diagnostics Is Fastest Growing Lab Subspecialty
Declining Reimbursement Is Biggest Challenge For Labs
POC Testing Outpacing Overall Diagnostics Market
Slow Diagnostic Development Hinders Precision Medicine Launch
Clinical Infectious Diseases, Rare Diseases Drive Demand For Molecular Genetic Testing
GHX Lists Clinical Laboratory Products Sold Through Distribution
For more information about this report visit https://www.researchandmarkets.com/r/4nrzj
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