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Clinical Laboratory Services Market Share

Report ID: GMI807
Published Date: Nov 2023
Report Format: PDF

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Clinical Laboratory Services Market Share

The clinical laboratory services industry is characterized by diverse players competing in the clinical laboratory services industry. Intense competition fosters ongoing technological advancements, driving the evolution of clinical tests, service portfolio, and adoption trends. With the persistent focus on enhancing efficiency and patient safety, the clinical laboratory sector remains fiercely competitive, fostering innovation and industry growth.

Prominent market players in the clinical laboratory services industry is as mentioned below:

Arup Laboratories Inc.
Sonic Healthcare
Neogenomics Laboratories, Inc. (Neogenomics, Inc.)
Opko Health, Inc. (Bioreference Laboratories, Inc.)
Laboratory Corporation of America Holdings (Labcorp)
Quest Diagnostics Inc.
Fresenius Medical Care (Spectra Laboratories)
Qiagen N.V
Synlab International GmbH
Charles River Laboratories
Fullerton Healthcare Corporation Limited
LifeLabs
Eurofins Scientific

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Clinical laboratory services industry size was USD 280.4 billion in 2022 and is expected to register 3.8% CAGR from 2023-2032 due to the growing aging population, rising incidence of chronic diseases as well as lifestyle-related diseases worldwide.

The clinical chemistry test type segment held 42.4% share of the clinical laboratory services industry in 2022 and is expected to register appreciable CAGR from 2023-2032 owing to the growing rate of infectious diseases across the globe.

North America held 45.4% share of the clinical laboratory services industry in 2022 and is expected to register commendable CAGR from 2023-2032 due to the rapid advancements in laboratory automation, molecular diagnostics, and next-generation sequencing technologies in the region.

Arup Laboratories Inc., Sonic Healthcare, Neogenomics Laboratories, Inc. (Neogenomics, Inc.), Opko Health, Inc. (Bioreference Laboratories, Inc.), Quest Diagnostics Inc., and Fresenius Medical Care (Spectra Laboratories) are some of the major clinical laboratory services companies worldwide