Clinical Laboratory Services Means Clinical Laboratory, Anatomic Pathology

Clinical Laboratory

A medical laboratory, also known as a clinical laboratory, is a facility where tests are carried out on clinical specimens to gather data on a patient's health for the purposes of disease diagnosis, treatment, and prevention. In contrast to research labs that concentrate on basic science, like those found in some academic institutions, clinical medical labs are an example of applied science.

The Global Clinical Laboratory Services Market is estimated to account for US$ 255.5 billion in 2020 and expected to reach around US$ 381.6 billion by the end of 2027.

The size and complexity of medical laboratories varies, and they provide a range of testing services. In acute-care hospitals and medical facilities, where 70% of clinical decisions are based on laboratory testing, more extensive services can be found. In addition to skilled nursing and long-term care facilities, medical offices and clinics may have laboratories that offer more fundamental testing services. Due to low test volume or complexity, commercial medical laboratories run as independent businesses and offer testing that isn't otherwise available in other settings.

Clinical laboratory services involved with clinical trials, point-of-care testing, clinical laboratory services involving corporate healthcare, and clinical laboratory services involved with managing hospital laboratories) and information services or providing to any unaffiliated Person, in any way, directly or indirectly, data or information programmes, services, or products which substantially consists of laboratory data, unless I the utility of the programme, service, or product, from the point of view of the programme, service, or product, is demonstrated.