The "United Kingdom Diagnostic Labs Market, By Provider Type (Hospital, Stand-Alone Center, Diagnostic Chains), By Test Type (Radiology v/s Pathology), By End User (Corporate Clients, Walk-ins, Referrals), By Region, Competition Forecast Opportunities, 2017-2027" report has been added to ResearchAndMarkets.com's offering.
The United Kingdom diagnostic labs market is expected to grow at a formidable CAGR during the forecast period
The market growth can be attributed to the rising incidences of infectious and chronic diseases and growing health awareness among the population. Besides, rising government initiatives to promote better healthcare services and expanding healthcare infrastructure are anticipated to fuel the growth of United Kingdom diagnostic labs market.
Growing inclination of population towards health checkups and increasing presence of diagnostic labs are also positively influencing the market growth. Additionally, increasing funding by government and introduction of accurate and technologically advanced products, such as companion diagnostics, biochips, and microarrays to enhance productivity and reduce costs are some of the factors driving the growth of the United Kingdom diagnostic labs market.
Moreover, increasing use of at-home testing kits to diagnose chronic diseases and monitor health and rising demand for lab automation and development of specialized tests are accelerating the market growth. The healthcare services in the country function majorly through National Healthcare Service (NHS) that finds financial stability for the patients to manage medical expenses through the tax system.
Thus, reimbursement programs are enabling patients to opt for regular diagnostic tests, which is anticipated to create opportunities for the United Kingdom diagnostic labs market growth.
The hospital segment is expected to hold the largest share in the United Kingdom diagnostic labs market owing to the increasing patient count and greater availability of finances for the development of advanced diagnostic infrastructure. Based on test type, the market is differentiated between radiology and pathology.
The pathology test type is expected to hold the largest share in the United Kingdom diagnostic labs market owing to rising number of concerns regarding evolving pathogens and growing severity of infectious diseases.
Objective of the Study:
- To analyze the historical growth in the market size of the United Kingdom diagnostic labs market from 2017 to 2021.
- To estimate and forecast the market size of United Kingdom diagnostic labs market from 2022E to 2027F.
- To classify and forecast the United Kingdom diagnostic labs market based on provider type, test type, end user, region, and company.
- To identify the dominant region or segment in the United Kingdom diagnostic labs market.
- To identify drivers and challenges for the United Kingdom diagnostic labs market.
- To examine competitive developments such as expansions, new service launches, mergers acquisitions, etc., in the United Kingdom diagnostic labs market.
- To identify and analyze the profiles of leading players operating in the United Kingdom diagnostic labs market.
- To identify key sustainable strategies adopted by market players in United Kingdom diagnostic labs market
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in United Kingdom diagnostic labs market.
- Acculabs Diagnostics UK Ltd
- Medical Diagnosis Ltd
- HCA UK Laboratories (HCA International Limited)
- Cambridge Clinical Laboratories
- London Medical Laboratory Limited
- Sonic Healthcare
- MD Laboratory
Report Scope:
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022E
- Forecast Period: 2023F-2027F
United Kingdom Diagnostic Labs Market, By Provider Type:
- Hospital
- Stand-Alone Center
- Diagnostic Chains
United Kingdom Diagnostic Labs Market, By Test Type:
- Radiology
- Pathology
United Kingdom Diagnostic Labs Market, By End User:
- Corporate Clients
- Walk-ins
- Referrals
United Kingdom Diagnostic Labs Market, By Region:
- London
- Southeast
- East Anglia
- Scotland
- Southwest
- East Midlands
- Yorkshire Humberside
For more information about this report visit https://www.researchandmarkets.com/reports/3379032/united-kingdom-diagnostic-labs-market-by?utm_source=BW&utm_medium=PressRelease&utm_code=lp26lt&utm_campaign=1736143+-+United+Kingdom+Diagnostic+Labs+Markets%2c+Competition%2c+Forecast+%26+Opportunities%2c+2027&utm_exec=chdo54prd
View source version on businesswire.com: https://www.businesswire.com/news/home/20220809005697/en/
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