Laboratory-developed Testing Market Research Reports 2019-2024
Twenty-five years ago, the Food and Drug Administration FDA asserted in a draft document that “home brew” tests-now commonly referred to as laboratory-developed tests LDTs -are subject to the same regulatory oversight as other in vitro diagnostics IVDs 4. In 2010, the FDA began work on developing a proposed framework for future LDT oversight. Released in 2014, the draft guidance sparked an intense debate over potential LDT regulation. While the proposed guidance has not been implemented, many questions regarding LDT oversight remain unresolved.
A laboratory developed test LDT is a type of in vitro diagnostic test that is designed, manufactured and used within a single laboratory.
LDTs can be used to measure or detect a wide variety of analytes substances such as proteins, chemical compounds like glucose or cholesterol, or DNA , in a sample taken from a human body. Some LDTs are relatively simple tests that measure single analytes, such as a test that measures the level of sodium. Other LDTs are complex and may measure or detect one or more analytes. For example, some tests can detect many DNA variations from a single blood sample, which can be used to help diagnose a genetic disease. Various levels of chemicals can be measured to help diagnose a patient’s state of health, such as levels of cholesterol or sodium.
While the uses of an LDT are often the same as the uses of FDA-cleared or approved in vitro diagnostic tests, some labs may choose to offer their own test. For example, a hospital lab may run its own vitamin D assay, even though there is an FDA-cleared test for vitamin D currently on the market.
Scope of the Report:
The leading manufactures mainly are Quest Diagnostics, Roche, Illumina, Qiagen,
Eurofins. Quest Diagnostics is the largest manufacturer; its revenue of global market exceeds 5% in 2016. The next is Roche and Illumina.
There are mainly two type product of Laboratory-developed Testing market: Commercial Service and R&D. Commercial Service accounts the largest proportion; however, R&D still have high growth rate.
Geographically, the global Laboratory-developed Testing market has been segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions. The North America held the largest share in the global Laboratory-developed Testing products market, its revenue of global market exceeds 68% in 2017. The next is Europe and Japan
The worldwide market for Laboratory-developed Testing is expected to grow at a CAGR of roughly 5.0% over the next five years, will reach 4030 million US$ in 2024, from 3010 million US$ in 2019, according to a new Planet Market Reports study.
This report focuses on the Laboratory-developed Testing in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
MARKET SEGMENT BY MANUFACTURERS, THIS REPORT COVERS
Adaptive Biotechnologies Corporation
MARKET SEGMENT BY REGIONS, REGIONAL ANALYSIS COVERS
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia etc.
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa
MARKET SEGMENT BY TYPE, COVERS
Other Test Types
MARKET SEGMENT BY APPLICATIONS, CAN BE DIVIDED INTO
Clinical Research organizations
Specialty Diagnostic Centers
Other Type of Facilities
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Laboratory-developed Testing product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Laboratory-developed Testing, with price, sales, revenue and global market share of Laboratory-developed Testing in 2017 and 2018.
Chapter 3, the Laboratory-developed Testing competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Laboratory-developed Testing breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Laboratory-developed Testing market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Laboratory-developed Testing sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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Name: Jennifer Daniel
Organization: Planet Market Reports