United States Laboratory Market Report 2020: Current Landscape & Biggest Trends Shaping Laboratory Testing - COVID-19 Challenges Diagnostics Supply Chain - ResearchAndMarkets.com

·2 min read

The "2020 Laboratory Market Report 20" 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.

Report Highlights

  • 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

Key Topics Covered:

  1. Executive Summary

  2. Laboratory Market Overview

  3. Molecular, Antigen, And Serological Testing Central To Public Health During COVID-19

  4. Emergency Use Authorizations Issued For Immediate Testing Of COVID-19

  5. COVID-19 Challenges Diagnostics Supply Chain

  6. Routine Lab Testing Volumes Decrease During Pandemic

  7. Laboratory Revenues Decline More Than $5 Billion During First Two Months Of COVID-19

  8. 25% Of Labs Perform Non-Waived Tests

  9. Private Insurance Largest Payer For Lab Tests

  10. Number Of Pharmacy And ASC Labs Increase In 2019

  11. Hospital Lab Market Valued At $48 Billion

  12. Independent Lab Market Valued At $28 Billion

  13. Independent Labs Testing Volumes Decline During COVID-19

  14. Physician Office Lab Market Worth $5 Billion

  15. 67% Of Physician Offices Have A Certificate Of Waiver

  16. Number Of Labs Serving Assisted Living Market Increases by 5.8% In 2019

  17. Under PAMA, Rates Move Downward By Nearly 10%

  18. Criticisms Of PAMA Spur Congress To Pass LAB Act

  19. Labs Servicing Nursing Homes Are Most Impacted By PAMA

  20. PAMA Leads Labs To Refer More Tests Out

  21. Lab Workforce Expected To Grow Faster Than Overall Employment

  22. Worker Shortages Widespread In Lab Industry

  23. Molecular Diagnostics Is Fastest Growing Lab Subspecialty

  24. Declining Reimbursement Is Biggest Challenge For Labs

  25. POC Testing Outpacing Overall Diagnostics Market

  26. Slow Diagnostic Development Hinders Precision Medicine Launch

  27. Clinical Infectious Diseases, Rare Diseases Drive Demand For Molecular Genetic Testing

  28. GHX Lists Clinical Laboratory Products Sold Through Distribution

For more information about this report visit https://www.researchandmarkets.com/r/e842sy

View source version on businesswire.com: https://www.businesswire.com/news/home/20201028005795/en/

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