United Kingdom diagnostic labs market is
anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027,
on the account of growing instances of infectious and chronic diseases among
the population of the country. Affordable and government schemes promoting
better healthcare services & structure also drives the growth of the United
Kingdom diagnostic labs market in the upcoming five years. Moreover, growing
healthcare infrastructures and enhanced investment in the sector promises the
future growth of the United Kingdom diagnostic labs market in the next five years.
Diagnostic labs are the healthcare
infrastructure specifically dedicated toward performing various physical and
analytical tests to determine the physiological and anatomical changes in the
human body. Multiple tests like blood analysis, urine analysis, serum tests,
and other pathological tests are conducted. These tests determine the presence
of microorganisms in the body that cause various infectious diseases or the
changes in the constituent of the blood & plasma to diagnose diseases.
Diagnostic labs are fully equipped with medical devices, equipment, tools &
technology that enables the diagnostic expert to perform the tests. The
diagnostic labs function independently or under the wing of hospitals and other
healthcare centers. Increasing patient burden over the hospitals have enhanced
the chances for the independent diagnostic labs to function unilaterally and
rising awareness among the population toward regular health checkups benefit
them for their business expansions.
Expanding Healthcare Sector Promises
Market Growth
Rapid growth in the healthcare industry
is a major driver responsible for the future growth of the United Kingdom
diagnostic labs market in the upcoming five years. The market players draw
benefit from the government aided expenses. The healthcare services in the
country are functional majorly through National Healthcare Service (NHS) that
finds financial stability through the tax system of the country. The public
healthcare services in the country are otherwise free. Although growing private
healthcare services that is opted by minority of the population of the country
functions from the personal expenses of the patient.
The United Kingdom government expenses
in the year 2020 was over USD350 billion that was 20% over the expenses of
2019. Further expenses are anticipated to grow in the upcoming five years owing
to the growing economy of the country. The share of GDP attributed to
healthcare rose to around 12.8% in 2020, from 10.2% in 2019. Recent incident of
pandemic played a vital role in the expansion of the industry that ultimately
affected the growth of the United Kingdom diagnostic labs market too. Direct
costs of the pandemic, such as spending on new testing and tracing services and
indirect costs to existing services, such as additional personal protective
equipment for frontline healthcare workers, further substantiated the growth of
the United Kingdom diagnostic labs market in the next five years.
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Market Segmentation
The United Kingdom diagnostic labs
market is segmented by provider type, test type, end user, competitional
landscape, and regional distribution. Based on provider
type, the market is fragmented into hospital, stand-alone center, and diagnostic
chains. By test type, the market is differentiated between radiology and
pathology. Based on end user, the market is bifurcated into corporate clients,
walk-ins, and referrals.
The market analysis also studies the regional segmentation to devise regional
market segmentation, divided among London, Southeast, East Anglia, Scotland, Southwest,
East Midlands, and Yorkshire & Humberside.
Company Profile
Acculabs Diagnostics UK Ltd., Medical
Diagnosis Ltd., HCA UK Laboratories (HCA International Limited), Cambridge Clinical
Laboratories, London Medical Laboratory Limited, Sonic Healthcare, MD
Laboratory, among others is
a partial list of major market players of the companies responsible for the
growth of United Kingdom diagnostic labs market.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 –
2020 |
Estimated Year | 2022 |
Forecast Period | 2023
– 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue
forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | - Provider Type
- Test Type
- End User
|
Regional scope | London, Southeast, East Anglia, Scotland, Southwest, East
Midlands, and Yorkshire & Humberside |
Key companies profiled | Acculabs Diagnostics UK Ltd., Medical Diagnosis Ltd., HCA UK
Laboratories (HCA International Limited), Cambridge Clinical Laboratories,
London Medical Laboratory Limited, Sonic Healthcare, MD Laboratory |
Customization scope | 10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research
needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request) |
Report Scope:
In this report, United Kingdom diagnostic labs market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- United Kingdom Diagnostic Labs Market,
By Provider Type:
- Hospital
- Stand-Alone Centre
- Diagnostic Chains
- United Kingdom Diagnostic Labs Market,
By Test Type:
- United Kingdom Diagnostic Labs Market,
By End User:
- Corporate Clients
- Walk-ins
- Referrals
- United Kingdom Diagnostic Labs Market,
By Region:
o London
o Southeast
o East Anglia
o Scotland
o Southwest
o East Midlands
o Yorkshire & Humberside
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United Kingdom diagnostic labs market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
United Kingdom Diagnostic
labs Market is an upcoming report to be released soon. If you wish an early
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