Thailand Clinical Laboratory Services Market is growing due to the high prevalence of infectious diseases, which is driving the market's growth. Increasing adoption of digital pathology and rising collaborations, partnerships among players are also propelling the growth of the Thailand clinical laboratory services market. However, strict regulatory policies may hamper the growth of the market.
Thailand Clinical Laboratory Services Market Scenario
According to Data Bridge Market Research, the Thailand clinical laboratory services market has a market share of 41.45%. The market leader is Abbott, which accounts for an estimated market share of approximately 1.89%.
For instance,
- In January 2021, Abbott launched the NeuroSphere myPath, a digital health app designed to track and report patient-perceived pain relief and general well-being associated with spinal cord stimulation (SCS) or dorsal root ganglion (DRG) therapy. During the device trial period required before the permanent implant, the app allows patients to record their outcomes on pain and well-being while trialing their neurostimulation therapy. The launch of the NeuroSphere myPath is one more example of how Abbott has been leading the way in providing remote ways to connect doctors and patients.
Trends Impacting the Market
Now the question is which other regions Abbott, Laboratory Corporation of America Holdings, and Siemens Healthcare GmbH are targeting? Data Bridge Market Research has estimated a large growth in the Thailand clinical laboratory services market.
Thailand clinical laboratory services market is becoming more competitive with companies such as Abbott, Laboratory Corporation of America Holdings, and Siemens Healthcare GmbH. They are the top dominating companies in the Thailand clinical laboratory services market, with a maximum number of services. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the Thailand clinical laboratory services market.
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Thailand Clinical Laboratory Services Market Development
- In May 2021, Laboratory Corporation of America, a globally leading company in life sciences, declared that it entered into a conclusive agreement for acquiring select operating assets and intellectual property (IP) from the Myriad Genetics autoimmune business unit. This includes the Vectra rheumatoid arthritis (RA) assay. In addition to the Vectra testing abilities, the company’s in-house goods offer incredible potential for expanding the availability of tests and making LabCorp a single-source diagnostics solution for RA suppliers
Scope of the Thailand Clinical Laboratory Services Market
Thailand clinical laboratory services market is segmented into four segments based on service type, specialty, provider, and application.
- On the basis of service type, the Thailand clinical laboratory services market is segmented into routine testing services, esoteric services, and anatomic pathology services. On the basis of specialty, the Thailand clinical laboratory services market is segmented into clinical chemistry testing, microbiology testing, haematology testing, genetic testing, drugs of abuse testing, and immunology testing. On the basis of provider, the Thailand clinical laboratory services market is segmented into independent and reference laboratories, hospital-based laboratories, clinical-based laboratories, and nursing and physician office-based laboratories. On the basis of application, the Thailand clinical laboratory services market is segmented into drug discovery related services, drug development related services, bioanalytical and lab chemistry services, toxicology testing services, cell and gene therapy related services, preclinical and clinical trial related services, and other clinical laboratory services.
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Key Pointers Covered in Thailand Clinical Laboratory Services Industry Trends and Forecast to 2028
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
Key Market Competitors Covered in the Report
The key market players for Thailand clinical laboratory services market are listed below:
- Eurofins Scientific
- Siemens Healthcare GmbH
- Abbott
- Charles River Laboratories
- Laboratory Corporation of America Holdings
- Andalab Medical Laboratories
- Brianet
- SGS SA
- Syneos Health
Research Methodology: Thailand Clinical Laboratory Services Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report.
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The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Clinicians, Healthcare Professionals, Researchers, Academicians.
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.
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