France Diagnostic Labs Market to be Dominated by Pathology Tests till 2027
Increased investments in the healthcare industry and
the growing disposable income of consumers are expected to drive the demand for
France Diagnostic Labs Market in the forecast period, 2023-2027.
According to TechSci Research report, “France
Diagnostic Labs Market By Region, Competition Forecast & Opportunities,
2027”, the France diagnostic labs market is
expected to witness steady growth in 2023-2027. The rise in the geriatric
population and favorable government policies supporting the healthcare industry
is expected to drive the France diagnostic labs market demand. The old-age
population holds a major share of the country's total population, and they are
prone to get infected by a number of diseases. They require the services of
diagnostic labs to detect the presence of various infectious and non-infectious
diseases. France has a robust healthcare system, and it attracts local and
international medical tourists. The rise in the number of public and private
market players in the market offering diagnostic services at affordable rates
is attracting the patients to conduct tests to maintain an individual's health.
Also, the ongoing digitalization trend of the diagnostic labs and the adoption
of robotic platforms, automated tools, mobile applications, and data analytics
solutions across the value chain of diagnostic laboratories are expected to
create lucrative growth opportunities for the France diagnostic labs market in
the forecast period.
However, the unclear reimbursement policies and stringent regulatory
policies may restrain the France diagnostic labs market growth for the forecast
period.
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The France diagnostic labs market is segmented into provider type, test
type, end user, regional distribution, and competitive landscape.
Based on provider type, the market is divided into hospital, stand-alone
centre and diagnostic chains. The hospital segment is expected to hold the
largest market share in the forecast period. France has an excellent healthcare
system that offers universal coverage for all of its citizens independent of
age or economic capability. It includes the integrated network of public and
private services such as hospitals, doctors, and specialist service providers.
The residents are provided with mandatory health insurance coverage with
optional private insurance coverage for those residents who want additional
coverage. France has a large number of public hospitals in comparison with
private hospitals and diagnostic labs, due to which patients prefer to visit
public healthcare facilities for diagnostic tests and procedures.
Based on test type, the market is divided into radiology v/s pathology.
The pathology segment is expected to account for a significant market share in
the forecast period. The surge in the number of health-conscious people is
positively impacting the market demand as they require regular medical health
check-ups. Pathology tests are the initial tests performed to diagnose the
presence of diseases and are repeated several times even after detecting the
disease.
Based on end user, the market is divided into corporate clients,
walk-ins, and referrals. The referrals segment is dominating the market and is
expected to maintain its dominance through the next five years. Patients prefer
to visit doctors to get initial advice and based on their recommendation; they
avail the services of diagnostic labs. The high number of patients visiting the
diagnostic labs based on doctor advice contributes to market growth significantly.
Major market players operating in the France diagnostic labs market are:
·
Unilabs
·
Cerba HealthCare
·
PathStore
·
Veda Lab
·
Synlab Group
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“The government has allocated massive funds for the development
of the healthcare industry in France and announced several initiatives and
policies to support the growth of the healthcare industry. Healthcare
Innovation 2030 is a strategy taken in which around €7 billion investments will
be made by leading authorities to promote the healthcare sector. The change in
consumers' preference to avail services from the quality healthcare facility is
boosting the market players to advance the existing hospitals and diagnostic
chains to capture the highest market share. Also, the entry of private market
players whose services are covered to some extent in the public insurance
system and the intense competition among the market players is expected to
propel the France diagnostic labs market till 2027” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“France Diagnostic Labs Market By Provider Type
(Hospital, Stand-Alone Centre, Diagnostic Chains), By Test Type (Radiology v/s
Pathology), By End User (Corporate Clients, Walk-ins, Referrals), By Region,
Competition Forecast & Opportunities, 2027”,
has evaluated the future growth potential of France diagnostic labs market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in France diagnostic labs market.
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