Clinical Laboratory Services Market: By Test Type (Clinical Chemistry, Medical Cytology & Microbiology, Human & Tumor Genetics), By Service Provider (Hospitals Based, Standalone Laboratories, Clinical Laboratories), By Application (Gene Therapy, Toxicological Study, Drug Discovery and Development, Pre-clinical & Clinical Trial Services, Others) and Geography

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Clinical Laboratory Services Market size was valued at USD 176.4 billion in 2023 and is poised to grow at a CAGR of 5.3% from 2024-2030. Clinical laboratory services are a very important part of the healthcare industry. These laboratories provide various services such as blood tests, diagnostic tests, and genetic tests for identifying the disease's causes and play a major role in the drug discovery process. Furthermore, clinical laboratory services provide information and offer services to improve the efficiency of healthcare systems such as diagnostic and test reports. The revolution of genetic testing and biopharmaceuticals has led to the emergence of new diagnostic procedures that involve laboratory testing. 

According to a 2018 World Health Organization (WHO) report, tuberculosis (TB) was one of the top ten causes of mortality worldwide. In 2018, 1.5 million people died from tuberculosis (including 251,000 people with HIV). For instance, in October 2017, Abbot Laboratories acquired Alere Inc., a leader in point-of-care diagnostics and clinical laboratory services providers to strengthen its product portfolio. In May 2017, LabCorp, has acquired Pathology Associates Medical Laboratories (PAML), a premier medical reverence laboratory and healthcare solution company in Washington, to expand its geographic presence. In September 2017, Quest Diagnostics, a leading provider of diagnostic information services entered into an agreement to acquire Shiel Medical Laboratory business from Fresenius Medical Care, to expand its services. In June 2015, Laboratory Corporation of America Holdings and Sysmex Corporation entered into a strategic collaboration to develop blood-based molecular diagnostics tests to advance precision medicine.

Clinical Laboratory Services Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.3%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Clinical Laboratory Services Market Dynamics

Clinical laboratory services market is mainly driven by the prevalence of diseases such as cancer, infectious diseases and diabetes that require the clinical diagnosis of samples. In addition, growth in adoption of clinical service outsourcing and aging population who are more susceptible to the diseases expected to boost the market over the forecast period. Furthermore, technological advancements that led to speeding up the testing and diagnosis and introduction of advanced products such as microarrays and lab on chips are projected to bolster the market growth. The increase in demand for companion diagnostics also acting as driving factor for market growth. However, lack of skilled professionals and stringent regulatory procedures may impend the market over the forecast period.

Key Features of the Reports

  • The clinical laboratory services market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Clinical Laboratory Services Market Segmentation

By Test Type
  • Clinical Chemistry
  • Medical Cytology & Microbiology
  • Human & Tumor Genetics
By Service Provider
  • Hospitals Based
  • Standalone Laboratories
  • Clinical Laboratories
By Application
  • Gene Therapy
  • Toxicological Study
  • Drug Discovery and Development
  • Pre-clinical & Clinical Trial Services
  • Others
By Geography
  • Latin America
  • North America
  • Asia Pacifia
  • Middle East & Africa
  • Europe

Frequently Asked Questions

The clinical laboratory services market size was valued at USD 176.4 billion in 2023

Bio-Reference Laboratories Inc. (OPKO Health) (U.S.), Alere, Inc. (Abbott Laboratories) (U.S., DaVita Healthcare Partners, Inc. U.S.), Laboratory Corporation of America Holdings (U.S.), Genomic Health, Inc. (U.S.)

North America is the fastest-growing region in the clinical laboratory services market

1.Executive Summary
2.Global Clinical Laboratory Services Market Introduction 
2.1.Global Clinical Laboratory Services Market  - Taxonomy
2.2.Global Clinical Laboratory Services Market  - Definitions
2.2.1. By Test Type
2.2.2. By Service Provider
2.2.3. By Application
2.2.4. By Region
3.Global Clinical Laboratory Services Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Clinical Laboratory Services Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Clinical Laboratory Services Market  By Test Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Clinical Chemistry
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Medical Cytology & Microbiology
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Human & Tumor Genetics
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Clinical Laboratory Services Market  By Service Provider, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Hospitals Based
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Standalone Laboratories
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Clinical Laboratories
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Clinical Laboratory Services Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Gene Therapy
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Toxicological Study
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Drug Discovery and Development
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Pre-clinical & Clinical Trial Services
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Others
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.Global Clinical Laboratory Services Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Clinical Laboratory Services Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Test Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Clinical Chemistry
9.1.2.Medical Cytology & Microbiology
9.1.3.Human & Tumor Genetics
9.2.  Service Provider Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Hospitals Based
9.2.2.Standalone Laboratories
9.2.3.Clinical Laboratories
9.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Gene Therapy
9.3.2.Toxicological Study
9.3.3.Drug Discovery and Development
9.3.4.Pre-clinical & Clinical Trial Services
9.3.5.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Clinical Laboratory Services Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Test Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Clinical Chemistry
10.1.2.Medical Cytology & Microbiology
10.1.3.Human & Tumor Genetics
10.2.  Service Provider Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Hospitals Based
10.2.2.Standalone Laboratories
10.2.3.Clinical Laboratories
10.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Gene Therapy
10.3.2.Toxicological Study
10.3.3.Drug Discovery and Development
10.3.4.Pre-clinical & Clinical Trial Services
10.3.5.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Clinical Laboratory Services Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Test Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Clinical Chemistry
11.1.2.Medical Cytology & Microbiology
11.1.3.Human & Tumor Genetics
11.2.  Service Provider Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Hospitals Based
11.2.2.Standalone Laboratories
11.2.3.Clinical Laboratories
11.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Gene Therapy
11.3.2.Toxicological Study
11.3.3.Drug Discovery and Development
11.3.4.Pre-clinical & Clinical Trial Services
11.3.5.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Clinical Laboratory Services Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Test Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Clinical Chemistry
12.1.2.Medical Cytology & Microbiology
12.1.3.Human & Tumor Genetics
12.2.  Service Provider Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Hospitals Based
12.2.2.Standalone Laboratories
12.2.3.Clinical Laboratories
12.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Gene Therapy
12.3.2.Toxicological Study
12.3.3.Drug Discovery and Development
12.3.4.Pre-clinical & Clinical Trial Services
12.3.5.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Clinical Laboratory Services Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Test Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Clinical Chemistry
13.1.2.Medical Cytology & Microbiology
13.1.3.Human & Tumor Genetics
13.2.  Service Provider Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Hospitals Based
13.2.2.Standalone Laboratories
13.2.3.Clinical Laboratories
13.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Gene Therapy
13.3.2.Toxicological Study
13.3.3.Drug Discovery and Development
13.3.4.Pre-clinical & Clinical Trial Services
13.3.5.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Genomic Health, Inc. (U.S.)
14.2.2.Myriad Genetics, Inc. (U.S.)
14.2.3.Quest Diagnostics, Inc. (U.S.)
14.2.4.NeoGenomics, Inc. (U.S.)
14.2.5.Alere, Inc. (Abbott Laboratories) (U.S.)
14.2.6.DaVita Healthcare Partners, Inc. U.S.)
15. Research Methodology 
16. Appendix and Abbreviations 
  • Bio-Reference Laboratories Inc. (OPKO Health) (U.S.)
  • Alere, Inc. (Abbott Laboratories) (U.S.)
  • DaVita Healthcare Partners, Inc. U.S.)
  • Laboratory Corporation of America Holdings (U.S.)
  • Genomic Health, Inc. (U.S.)
  • Myriad Genetics, Inc. (U.S.)
  • Quest Diagnostics, Inc. (U.S.)
  • NeoGenomics, Inc. (U.S.)
  • Siemens Healthineers (Siemens AG) (Germany)
  • Spectra Laboratories (Fresenius Medical) (Germany)
  • SYNLAB Group (Germany)
  • Sonic Healthcare Limited (Australia)

Adjacent Markets