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Office-based Lab Market Report: Company Analysis, History and Future Overview, Global Sales Trends by 2025

Published Date: 2019-06-20   |   Pages: Ongoing   |   Tables: Ongoing   |  Report ID: 11

Industry: Life Science

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Due to its cost-effective benefits and enhanced outcome of patients, Ambulatory Surgical Centers (ASC) are becoming popular across the world. There are basically three models of ASC and Office-based Labs is one the important amongst others. Freestanding and hospital-associated are the other models of ASC. Office-based labs model is also known as office-based interventional suits which are actually a facility set up by doctors at various office premise where they offer the service of same-day intervention. The surgeries are also performed at an office-based labs, set up by licensed doctors only if all the safety requirements are fulfilled. These safety requirements are well-equipped room and some level of anesthesia and service room.

Key Dynamics Offer Dashboard View of the Global Office-based Lab Market

Higher reimbursement, cost-effective benefits, and patient convenience are the three most important factors which are driving the growth of the global office-based lab market. There is a reduction in the cost of surgeries when they are performed at office-based labs. It has been observed that the cost of surgeries reduced up to 30%-40% when they are performed at office-based labs as it does not need extra cost for the stay in hospital. Apart from this, office-based labs are convenient and have quicker admission process, lesser chance of infection and greater customer satisfaction. All these factors are collectively driving the growth of global office-based lab market.

In terms of treatment, the office-based lab’s greater benefit is- doctors who are seeking autonomy have total control over the administrative aspects of their practice. Physicians’ productivity and efficiency enhance while practicing in office-based labs, while on the other hand for patients it is a comfortable and enhanced experience. These benefits associated with office-based labs are creating a positive impact on the global office-based labs market.

Market Segmentation

By Modality Type

   Single Specialty

   Multispecialty

   Hybrid Lab

 

Among modality type segments, multispecialty is foretold to earn a remarkable share of the global office-based lab market. There is a wide array of services offered in multispecialty office-based labs, viz. embolization, thrombectomy, atherectomy, angioplasty and stenting, and diagnostic imaging.

 

By Region

Regional Outlook of the Market

With an increasing rate every year, North America is presently the largest office-based lab market. A remarkable number of outpatient surgeries are performed in the United States at the doctor’s office. Considering these growing numbers of office-based labs, it is expected that this market is likely to witness noteworthy growth in the years to come.

Key Players in the Market

Riceland Medical Center, Envision Healthcare, Riceland Medical Center, SCA, Texas Regional Medical Centers, Surgery Partners, National Cardiovascular Partners, Tenet Healthcare and HCA are some of the top players functioning in the global office-based lab market.

 

Lucid Analysis of Market Makes QY Research’s Report an Exclusive One

 

Taking into consideration the importance of office-based labs in the present era, QY Research has published complete, impartial and insightful research report that offers a crystal clear picture of the global office-based lab market.  

 

In a bid to make this report a unique one, the team of analysts which is dedicatedly working in the healthcare domain has covered various aspects of global office-based lab market. Furthermore, they have also covered various key market dynamics such as restraints, trends, opportunities and drivers to provide a dashboard view of this highly competitive market.

 

The expert team of analysts has assessed the available data over various parameters to arrive at a market number. One of the important sections of this report that is known as competitive landscape, which include various key players and their key strategies to sustain in the market has also covered in detail to give a transparent view of the global office-based lab market.

 

Reasons to Buy this Report

     For exclusive data about the global Office-based Lab Market in our latest research report.

     For authentic forecasts pertaining to capacity, production, value, consumption, growth rate (CAGR), market share, and milestones so far.

     For a valuable insight into manufacturers, capacity, production, revenue, market share, and recent development.

     For identifying significant trends, drivers, influence factors in global, and regions.


NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.

Life sciences is a wide branch of study that is gradually becoming an integral industry to the global economics. QYR Consulting looks at the steady transformation of the life sciences industry and its impact on the subindustries such as medical care, pharmaceutical, and medical devices. Our team of esteemed analysts have put together reports to analyze the monumental changes life sciences is expected to bring in the overall healthcare industry. These reports identify the exact turning points for the industry and open up a platform for discussing its growth.

QYR Consulting brings to you a structured analysis of the technological advancements so far, vision of the players in the industry, and the strategies they are likely to use to make their mark. The reports dissect various components of the life sciences industry to scrutinize the influential factors. To help the readers make profitable business decisions, analysts have highlighted the lucrative investment areas and upcoming business opportunities.

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