A clinical laboratory is a center which holds medical investigations. It may also provide relevant services for various purposes. These purposes include recognizing the causes of a disease, identifying the stage of an illness, and finding out consequential disparities and defects in bodily functions.
The worldwide clinical laboratory services market was predicted at about USD 163 billion in 2012. It is likely to expand from 2013 to 2019, at a CAGR Of around 6 percent. The market is estimated to be valued at around USD 241 billion by the end of the anticipated period.
The clinical laboratory services market is forecasted to expand during the anticipated period, owing to growing illness cases around the globe.