Fueled by new information technology (IT) software that allows laboratories to test in new ways, the USD 102 billion global market for clinical laboratory services is rapidly growing and evolving, according to a new healthcare market report. The growing number of laboratories offering specialty testing is an indication of such advancements in the industry. 
 

The new report “Clinical Laboratory Services Market” by Kalorama Information (New York, NY, USA) provides an in-depth overview and total market analysis including routine and specialty testing, analysis by laboratory type, and a review of the latest trends driving growth, including new developments being pursued in genomics and proteomics that will likely result in more advanced testing and a better understanding of diseases.
 

“Several new technologies have streamlined the clinical laboratory industry,” said Bruce Carlson, publisher, Kalorama Information, “Leading healthcare IT companies now offer laboratory management software designed to easily manage the day-to-day activities.” For example, Cerner Corporation’s “Millennium PathNet General Laboratory Software” has been implemented in several large national accounts — improving turnaround times and laboratory efficiency. Advanced software, wireless technologies, and growth in implementation have allowed for easy access to lab results, including remote access for physicians, billing staff, and patients.
 

Efficiently communicating results with clients is essential and may be as important as providing leading test menus in cutting-edge areas. In an evolving effort to more efficiently connect with patients and physicians, several laboratories have developed electronic test result distribution. This is not a novel concept but it has been an area of focus over the past few years, especially as new electronic technologies and the internet are used extensively.