Global Clinical Laboratory Services Market 2023-2029

Clinical laboratories are healthcare facilities providing a wide range of laboratory procedures which aid the physicians in carrying out the diagnosis, treatment, and management of patients. Laboratory services are provided in physicians' offices, hospitals, regional and national referral centers, and other types of clinics. The global clinical laboratory services market is projected to rise by USD 98.7 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 6.2 percent during the forecast period.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global clinical laboratory services market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the test type, service provider, and region. The global market for clinical laboratory services can be segmented by test type: clinical chemistry, cytology, genetics, hematology, immunology, microbiology, others. Globally, the clinical chemistry segment made up the largest share of the clinical laboratory services market. Clinical laboratory services market is further segmented by service provider: hospital laboratories, independent reference laboratories, others. The hospital laboratories segment captured the largest share of the market in 2022. Based on region, the clinical laboratory services market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. According to the research, North America had the largest share in the global clinical laboratory services market.

Market Segmentation
By test type: clinical chemistry, cytology, genetics, hematology, immunology, microbiology, others
By service provider: hospital laboratories, independent reference laboratories, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The global clinical laboratory services market report offers detailed information on several market vendors, including amedes Holding GmbH, Cerba HealthCare S.A.S., Charles River Laboratories International, Inc., Eurofins Scientific SE, Exact Sciences Corp., Fresenius Medical Care AG & Co. KGaA, Guardant Health, Inc., Invitae Corporation, Laboratory Corporation of America Holdings (LabCorp), Lifebrain s.r.l., Myriad Genetics, Inc., NeoGenomics Inc., OPKO Health Inc. (BioReference Laboratories, Inc.), Quest Diagnostics Incorporated, Sonic Healthcare Limited, Synlab Group, Unilabs AB, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global clinical laboratory services market.
• To classify and forecast the global clinical laboratory services market based on test type, service provider, region.
• To identify drivers and challenges for the global clinical laboratory services market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global clinical laboratory services market.
• To identify and analyze the profile of leading players operating in the global clinical laboratory services market.

Why Choose This Report
• Gain a reliable outlook of the global clinical laboratory services market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.