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Press release content from Business Wire. The AP news staff was not involved in its creation. World Laboratory Services Market Forecasts Report 2020-2025 - Surge in the Geriatric Population will Drive Market Growth - ResearchAndMarkets.com December 28, 2020 GMT DUBLIN (BUSINESS WIRE) Dec 28, 2020 The global laboratory services market is expected to grow at a compound annual growth rate of 4.21% over the forecast period to reach a market size of US$468.249 billion in 2025 from US$365.690 billion in 2019. ADVERTISEMENT Surge in health care expenditure to boost the growth With the surge and growth in the health care expenditure by countries, the laboratory services market will continue to grow at a significant rate. According to the data given by the OECD and the World Bank in 2019, The United States spends the most in the health care sector with 16.9% of its GDP was spent on health care services. Government and major players in the country have been developing clinical and conv

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