Rising Prevalence of Diseases Set to Expedite the Growth of the Global Clinical Laboratory Services Market Over 2030

Market Research Future (MRFR) has published a cooked research report on the “Clinical Laboratory Services Market” that contains information from 2018 to 2030. The Clinical Laboratory Services Market is estimated to register a CAGR of 5.80% during the forecast period of 2023 to 2030.

Market Highlights

The clinical laboratory services market refers to the industry involved in providing diagnostic testing and laboratory services for the detection, diagnosis, monitoring, and treatment of diseases and medical conditions. These services are typically performed in specialized clinical laboratories by trained professionals such as pathologists, clinical laboratory scientists, and technicians.

Segment Analysis

The global Clinical Laboratory Services Market has been segmented based Type, Application.

The clinical laboratory services market segmentation, based on type, includes biochemistry, endocrinology, microbiology, hematology, histopathology, cytology, and genetic testing. The biochemistry segment held the majority share in 2021 contribution to around XX% in respect to the clinical laboratory services revenue. This is due to the rising prevalence of heart and renal diseases, the demand for biochemical laboratory testing is also escalating, as biochemical tests are of great importance in the diagnosis of heart diseases.

The clinical laboratory services market segmentation, based on application, includes independent laboratory, reference laboratory, and hospital laboratory. The hospital laboratory dominated the market in 2021 and independent laboratory is projected to be the faster-growing segment during the forecast period, 2022-2030. Hospitals being a primary center for providing healthcare services have clinical and medical laboratories as their major departments. These laboratories operate in multiple disciplines of chemistry, microbiology, virology, hematology, histology, immunology or molecular diagnostics, and the blood bank.

Explore In-depth Details: Clinical Laboratory Services Market Research Report

Key Players:

MRFR recognizes the following companies as the key players in the global Clinical Laboratory Services Market Mayo Medical Laboratories (US), Laboratory Corporation of America Holdings (US), Quest Diagnostics (US), Spectra Laboratories, Inc. (US), Eurofins Scientific (Luxembourg), Sonic Healthcare Limited (Australia), NeoGenomics Laboratories, Inc. (US), Fresenius Medical Care AG & Co. KGaA (Germany), Clinical Reference Laboratory (US), BioReference Laboratories (US), and others

Regional Analysis

The global Clinical Laboratory Services Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America clinical laboratory services market is propelling due to the rising incidences of chronic diseases, growing awareness among people regarding disease management and early diagnosis. Moreover, growing popularity of personalized medicine in the US is projected to create lucrative growth opportunities. Further, the major countries studied are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Europe clinical laboratory services market accounts for the second-largest market share due to a government initiative to increase awareness about preventive screening, improved public and private funding for clinical laboratory test development research, and high adoption of genome-based laboratory tests. Furthermore, the Germany clinical laboratory services market attributed to hold the largest market share, and the France clinical laboratory services market was expected the fastest growing market in the Europe region

The Asia-Pacific clinical laboratory services market is expected to grow at a steady pace from 2022 to 2030. This is owing to the increasing healthcare infrastructure, rising number of hospitals & clinical diagnostic laboratories in China and India. Moreover, China clinical laboratory services market attributed to held the largest market share, and the India clinical laboratory services market was the fastest growing market in the Asia-Pacific region.

Key Findings of the Study

• The Asia-Pacific clinical laboratory services market is expected to grow at a steady pace from 2022 to 2030. This is owing to the increasing healthcare infrastructure, rising number of hospitals & clinical diagnostic laboratories in China and India.


• The clinical laboratory services market segmentation, based on type, includes biochemistry, endocrinology, microbiology, hematology, histopathology, cytology, and genetic testing.


• Mayo Medical Laboratories (US), Laboratory Corporation of America Holdings (US), Quest Diagnostics (US), Spectra Laboratories, Inc. (US), Eurofins Scientific (Luxembourg), Sonic Healthcare Limited (Australia), NeoGenomics Laboratories, Inc. (US), Fresenius Medical Care AG & Co. KGaA (Germany), Clinical Reference Laboratory (US), BioReference Laboratories (US), and others