Infectious disease outbreaks around the world, as well as technical developments in clinical diagnosis methods, are two of the most important reasons propelling the global clinical laboratory services market forward. Clinical laboratories are an important part of the medical and healthcare industries.
Another key driving reason for the development and expansion of the global clinical laboratory services market in the next years is an increase in demand for accurate as well as rapid or early diagnosis of various diseases. Other key drivers for the global clinical laboratory services market are the increasing acceptance of digital pathology portals and the growing inclination among the global population for comprehensive health checkups provided by clinical laboratories.
On the other hand, in some regions of the world, particularly in developing and underdeveloped nations, a lack of favourable reimbursement policies, as well as the danger of inaccurate results, may hamper expansion in the global clinical laboratory services market in the coming years.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Test Types, Service Providers, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Charles River Laboratories International, Inc., OPKO Health, Inc., Laboratory Corporation of America Holdings, Quest Diagnostics Incorporated, Sonic Healthcare, Fresenius Medical Care Holdings, Inc. (Spectra), NeoGenomics Laboratories, Inc., Genomic Health, Inc., SYNLAB International GmbH, UNILABS, Others. |
Covid-19 Impact on Clinical Laboratory Services Market
In addition, the current Clinical Laboratory Services Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Clinical Laboratory Services Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Clinical Laboratory Services Market Segment Overview
According to Test Types, Clinical Chemistry is one of the most prominent segments in the global Clinical Laboratory Services Market. This segment shows remarkable growth in the forthcoming years. Consistent demand, as these are basic level tests for a number of physical disorders, and technological advancements in the tests, such as the use of protein mapping, are drivers driving the segment's growth.
Clinical Laboratory Services Market, By Test Types
· Clinical Chemistry
· Medical Microbiology and Cytology
· Food Intolerance Test
· Human and Tumor Genetics
· Other
Clinical Laboratory Services Market, By Service Providers
· Stand-alone Laboratories
· Hospital based laboratories
· CROs
· Others
Clinical Laboratory Services Market Regional Overview
Region-Wise, the global clinical laboratory services market is dominated by North America, and this trend is expected to continue over the forecast period. The expanding geriatric population in the region, as well as the high prevalence of various types of cancer, are some of the reasons driving the market in North America. Moreover, clinical laboratory services are predicted to be a highly profitable market in the Asia Pacific, with a high CAGR during the forecast period. The high frequency of infectious diseases and the large population in the region's developing countries are two factors driving market expansion in the Asia Pacific.
Clinical Laboratory Services Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Clinical Laboratory Services Market, Key Players
· Charles River Laboratories International, Inc.
· OPKO Health, Inc.
· Laboratory Corporation of America Holdings
· Quest Diagnostics Incorporated
· Sonic Healthcare
· Fresenius Medical Care Holdings, Inc. (Spectra)
· NeoGenomics Laboratories, Inc.
· Genomic Health, Inc.
· SYNLAB International GmbH
· UNILABS
· Others
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Clinical Laboratory Services market?
Q2. What are the restraining factors for the global Clinical Laboratory Services market?
Q3. Which segment is projected to hold the largest share in the global Clinical Laboratory Services market?
Q4. Which region holds the largest share in the global Clinical Laboratory Services market?
Q5. Which are the prominent players in the global Clinical Laboratory Services market?
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Clinical Laboratory Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Test Types
- 5.2.1. Clinical Chemistry
- 5.2.2. Medical Microbiology and Cytology
- 5.2.3. Food Intolerance Test
- 5.2.4. Human and Tumor Genetics
- 5.2.5. Other
- 5.3. Market Analysis, Insights and Forecast – By Service Providers
- 5.3.1. Stand-alone Laboratories
- 5.3.2. Hospital based laboratories
- 5.3.3. CROs
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Clinical Laboratory Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Test Types
- 6.2.1. Clinical Chemistry
- 6.2.2. Medical Microbiology and Cytology
- 6.2.3. Food Intolerance Test
- 6.2.4. Human and Tumor Genetics
- 6.2.5. Other
- 6.3. Market Analysis, Insights and Forecast – By Service Providers
- 6.3.1. Stand-alone Laboratories
- 6.3.2. Hospital based laboratories
- 6.3.3. CROs
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Clinical Laboratory Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Test Types
- 7.2.1. Clinical Chemistry
- 7.2.2. Medical Microbiology and Cytology
- 7.2.3. Food Intolerance Test
- 7.2.4. Human and Tumor Genetics
- 7.2.5. Other
- 7.3. Market Analysis, Insights and Forecast – By Service Providers
- 7.3.1. Stand-alone Laboratories
- 7.3.2. Hospital based laboratories
- 7.3.3. CROs
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Clinical Laboratory Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Test Types
- 8.2.1. Clinical Chemistry
- 8.2.2. Medical Microbiology and Cytology
- 8.2.3. Food Intolerance Test
- 8.2.4. Human and Tumor Genetics
- 8.2.5. Other
- 8.3. Market Analysis, Insights and Forecast – By Service Providers
- 8.3.1. Stand-alone Laboratories
- 8.3.2. Hospital based laboratories
- 8.3.3. CROs
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Clinical Laboratory Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Test Types
- 9.2.1. Clinical Chemistry
- 9.2.2. Medical Microbiology and Cytology
- 9.2.3. Food Intolerance Test
- 9.2.4. Human and Tumor Genetics
- 9.2.5. Other
- 9.3. Market Analysis, Insights and Forecast – By Service Providers
- 9.3.1. Stand-alone Laboratories
- 9.3.2. Hospital based laboratories
- 9.3.3. CROs
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Charles River Laboratories International, Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. OPKO Health, Inc.
- 10.6. Laboratory Corporation of America Holdings
- 10.7. Quest Diagnostics Incorporated
- 10.8. Sonic Healthcare
- 10.9. Fresenius Medical Care Holdings, Inc. (Spectra)
- 10.10. NeoGenomics Laboratories, Inc.
- 10.11. Genomic Health, Inc.
- 10.12. SYNLAB International GmbH
- 10.13. UNILABS
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
