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The global clinical laboratory tests market size was estimated to have attained a value of nearly USD 230.99 billion in 2023. The market is further estimated to grow in the forecast period of 2024-2032 at a CAGR of 7.2% to reach a valuation of about USD 431.86 billion by 2032.
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The North American region occupies a substantial share in the market. Over the coming years, owing to the growing penetration of innovative diagnostic techniques and rising test volumes the market share is expected to increase. The growing prevalence of cancer, surging penetration of enhanced diagnostic techniques, and rising geriatric population are likely to fuel market growth in the region.
Moreover, the Asia Pacific is anticipated to bolster market growth due to developing healthcare infrastructure positively influencing the demand for diagnostic technologies in emerging countries like India and China. The growing research development activities along with increasing opportunities for scientific research are further anticipated to propel the clinical laboratory tests market growth in the region over the coming years.
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Clinical laboratory tests are a set of medical tests carried out in a research laboratory outfitted with all facets of laboratory instruments and chemicals. Such tests are performed on clinical specimens to get information regarding the health of patients, facilitating the diagnosis and treatment of their respective conditions. These tests have been at the backbone of disease diagnosis as well as in the monitoring of therapeutic responses during the treatment and prognosis.
By test type, the market is distinctly segmented into:
On the basis of end uses, the bifurcation of the market is into:
The EMR report assesses the global clinical laboratory tests market at a regional level for Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa.
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Across the globe, the market for clinical tests in a laboratory setting is expected to witness robust growth over the coming years. This can be attributed to the growing prevalence of diseases like neurological and cardiovascular diseases. The rising cases of non-communicable diseases have intensified the need and increased usage of tests in clinical laboratory settings. The usage of laboratory tests to diagnose age-related diseases us further bolstering the market demand globally during the forecast period.
The increasing consumption of unhealthy food, the surging rate of insufficient exercise among consumers, and an increase in cases of obesity are expected to fuel the market growth. Moreover, the increasing awareness regarding the demand for regular body profiling among patients and healthcare professionals across the globe is projected to drive market growth further.
The report presents a detailed analysis of the following key players in the clinical laboratory testing global market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Test Type |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Clinical Laboratory Test Market Analysis
8.1 Key Industry Highlights
8.2 Global Clinical Laboratory Test Historical Market (2018-2023)
8.3 Global Clinical Laboratory Test Market Forecast (2024-2032)
8.4 Global Clinical Laboratory Test Market by Test Type
8.4.1 Clinical Chemistry
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Immunology
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Cytology
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Genetic
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Microbiology
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Hematology
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Others
8.5 Global Clinical Laboratory Test Market by End Use
8.5.1 Independent and Reference Laboratories
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Hospital-based Laboratories
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Clinical Laboratory Test Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Clinical Laboratory Tests Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Clinical Laboratory Tests Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Clinical Laboratory Tests Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Clinical Laboratory Tests Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Clinical Laboratory Tests Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Abbott Laboratories
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 ARUP Laboratories
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Opko Health, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Bioscientia Institut für Medizinische Diagnostik GmbH
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Genoptix, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Clinical Laboratory Test Market: Key Industry Highlights, 2018 and 2032
2. Global Clinical Laboratory Test Historical Market: Breakup by Test Type (USD Million), 2018-2023
3. Global Clinical Laboratory Test Market Forecast: Breakup by Test Type (USD Million), 2024-2032
4. Global Clinical Laboratory Test Historical Market: Breakup by End Use (USD Million), 2018-2023
5. Global Clinical Laboratory Test Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. Global Clinical Laboratory Test Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Clinical Laboratory Test Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Clinical Laboratory Test Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Clinical Laboratory Test Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Clinical Laboratory Test Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Clinical Laboratory Test Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Clinical Laboratory Test Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Clinical Laboratory Test Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Clinical Laboratory Test Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Clinical Laboratory Test Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Clinical Laboratory Test Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Clinical Laboratory Test Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Clinical Laboratory Test Market Structure
In 2023, the global market attained a value of nearly USD 230.99 billion.
The market is assessed to grow at a CAGR of 7.2% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach almost USD 431.86 billion by 2032.
The major market drivers are the growing surging penetration of enhanced diagnostic techniques and rising urbanisation.
The key market trends include rapid growth in the healthcare infrastructure and surging awareness regarding the demand for regular body profiling.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various types of tests in the market include clinical chemistry, immunology, cytology, genetic, microbiology, and hematology, among others.
The major end uses in the market include independent and reference laboratories and hospital-based laboratories.
The major players in the market are Abbott Laboratories, ARUP Laboratories, Opko Health, Inc., Bioscientia Institut für Medizinische Diagnostik GmbH, and Genoptix, Inc., among others.
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