Diagnostics error code 2000-0412

Hi,

I have a Inspiron 15R (N5110) for less than 2 years. In the past few days, there's squeaky sounds coming out from the bottom of the keypad. I ran a diagnostic test and have the following result

**Hard Drive 0- DST Short Test**

Test Results: Fail

Error Code: 2000-0142

Validation 27271

Msg: Hard Drive 0 - S/N WD-WXC1A7242252, self test unsuccessful. Status = 7.

I understand that this means the harddisk is dying but is there any way to save it?

Thanks in advance for any advices.