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An Analysis of the Worldwide Clinical Laboratory Testing Market: Including Market Segments, Various Countries & Key Industry Players.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/934f82/worldwide_clinical) has announced the addition of the "Worldwide Clinical Laboratory Testing Market" report to their offering.

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 esoteric test Lab medicine The analysis of 'rare' substances or molecules that are not performed in a routine clinical lab. See DORA. . 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 re·im·burse  
tr.v. re·im·bursed, re·im·burs·ing, re·im·burs·es
1. To repay (money spent); refund.

2. To pay back or compensate (another party) for money spent or losses incurred.
 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 in vitro /in vi·tro/ (in ve´tro) [L.] within a glass; observable in a test tube; in an artificial environment.

in vi·tro
adj.
In an artificial environment outside a living organism.
 Diagnostic industry which supplies all the instruments used in the laboratory tests.

International Laboratory Accreditation Cooperation The International Laboratory Accreditation Cooperation or ILAC started as a conference in 1977 with the aim of developing international cooperation for facilitating trade by promotion of the acceptance of accredited test and calibration results.  (ILAC ILAC International Laboratory Accreditation Cooperation
ILAC International Laboratory Accreditation Conference
ILAC Institute for Latin American Concern
ILAC In-Line Amplifier Card
ILAC International Association of Lactation Consultants
) 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 SHL Shift Logical Left
SHL Schweizerische Hochschule für Landwirtschaft (German: Swiss College of Agriculture)
SHL Southern Hockey League
SHL Silver Haired Legislature
SHL Single Hidden Layer (neural networks) 
), Symbion Health, and Healthscope (HSP (Hosting Service Provider) An organization that specializes in hosting Web sites. There are various levels of offerings from sharing a Web server with several other companies to having a dedicated Web server or to providing co-location services. See co-location. ) in Austraila.

This report analyzes the global clinical laboratory market and various aspects of the market like reimbursement Reimbursement

Payment made to someone for out-of-pocket expenses has incurred.
 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.

Key Topics Covered:

- Clinical Laboratory Testing: An Overview

- Market Size

- Reimbursements

- Market Features

- Company Profiles

- List of Tables

- List of Charts

For more information visit http://www.researchandmarkets.com/research/934f82/worldwide_clinical
COPYRIGHT 2008 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Article Type:Industry overview
Date:Jul 22, 2008
Words:356
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