Clinical Diagnostic Services Market: By Service, By End-User, By Service Delivery Preference and Region Forecast 2019-2030
Clinical Diagnostic Services Market size was valued at US$ 232.8 billion in 2023 and is poised to grow at a significant CAGR of 3.5% from 2024-2030. Clinical laboratories are an essential component of the healthcare business. In these clinical laboratories, all diagnostic procedures, from blood testing to genetic analysis, are conducted to diagnosis various disorders. Diagnostics and test results are provided by clinical laboratories, which help to maximise the essential delivery in the healthcare system. The Hospital Laboratories segment anticipated to grow at significant CAGR over the forecast years owing to increasing burden of chronic diseases and growing demand for early diagnostic tests are expected to be high impact-rendering driver segment.
The introduction of accurate and technologically advanced products, such as companion diagnostics, biochips, and microarrays, has bolstered the demand for early disease detection. This is mainly due to increasing healthcare expenditure because of the growing prevalence of chronic diseases. Increased demand for Education, Training Courses of Clinical Diagnostic Equipment, Increased Competition Between OEMS and ISOS is Driving Changes in the Industry and Extensive Usage of Diagnostic Equipment are a few factors driving the industry's growth over the forecasting period.
Study Period
2024-2030Base Year
2023CAGR
3.5%Largest Market
Asia PacificFastest Growing Market
North America
The Covid-19 epidemic put unprecedented strains on healthcare systems throughout the world, with supply chain delays and increased demand for health-care facilities. The rapid spread of the new coronavirus throughout the world depleted hospital capacity and highlighted flaws in the public health system. The pandemic emphasized the importance of diagnostic testing in outbreak containment. As governments and health authorities throughout the world investigated ways to improve access to accurate disease screening, the increased global demand for Covid-19 test kits resulted in laboratory-based molecular testing shortages. Quick testing evolved as a critical tool to satisfy the urgent global demand for rapid, point-of-care diagnostic tests to deal with the ongoing spread of the Covid-19 epidemic.
The market in North America is likely to hold the highest revenue share of in 2023 and same trend is expected over the forecast period due to increasing presence of important manufacturing firms. This region's government grants cash and eases limitations on clinical labs. In the United States, for example, the American Clinical Laboratory Association (ACLA) provides members with discounted diagnostic services in clinical laboratories. Furthermore, because this region is prone to chronic ailments, clinical laboratory services are in high demand. Further, Asia Pacific held the highest CAGR during the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 232.8 billion |
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Market CAGR |
3.5% |
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By Service Type |
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By End User |
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By Service Delivery Preference |
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By Region |
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The clinical diagnostic services market size was valued at US$ 232.8 billion in 2023 and is poised to grow at a significant CAGR of 3.5% from 2023-2030
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
The market key players are: Qiagen Quest Diagnostics, Inc. OPKO Health, Inc. Abbott Charles River Laboratories International, Inc. Cinven Arup Laboratories Sonic Healthcare Laboratory Corporation of America Holdings (LabCorp) NeoGenomics Laboratories, Inc. Fresenius Medical Care DaVita, Inc. Siemens Healthcare GmbH Viapath Group LLP SGS SA Almac Group
| 1.Executive Summary |
| 2.Global Clinical Diagnostic Services Market Introduction |
| 2.1.Global Clinical Diagnostic Services Market - Taxonomy |
| 2.2.Global Clinical Diagnostic Services Market - Definitions |
| 2.2.1.Service Type |
| 2.2.2.End-User |
| 2.2.3.Service Delivery Preference |
| 2.2.4.Region |
| 3.Global Clinical Diagnostic 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 Diagnostic 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 Diagnostic Services Market By Service Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 5.1. Remote Diagnosis of Clinical Diagnostic Equipment |
| 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. Preventative Maintenance of Clinical Diagnostic Equipment |
| 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. Professional Services |
| 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 |
| 5.4. Education & Training of Clinical diagnostic Equipment |
| 5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Consulting Services |
| 5.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. IT Services |
| 5.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Others |
| 5.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 6.Global Clinical Diagnostic Services Market By End-User, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 6.1. Hospital Laboratories |
| 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. Reference 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. Physician Offices |
| 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 |
| 6.4. Others |
| 6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Clinical Diagnostic Services Market By Service Delivery Preference, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 7.1. Break Fix Service |
| 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. OEM Service Contracts |
| 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. 3rd Parties |
| 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 |
| 8.Global Clinical Diagnostic 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 Diagnostic Services Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 9.1. Service Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Remote Diagnosis of Clinical Diagnostic Equipment |
| 9.1.2.Preventative Maintenance of Clinical Diagnostic Equipment |
| 9.1.3.Professional Services |
| 9.1.4.Education & Training of Clinical diagnostic Equipment |
| 9.1.5.Consulting Services |
| 9.1.6.IT Services |
| 9.1.7.Others |
| 9.2. End-User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Hospital Laboratories |
| 9.2.2.Reference Laboratories |
| 9.2.3.Physician Offices |
| 9.2.4.Others |
| 9.3. Service Delivery Preference Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Break Fix Service |
| 9.3.2.OEM Service Contracts |
| 9.3.3.3rd Parties |
| 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 Diagnostic Services Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 10.1. Service Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Remote Diagnosis of Clinical Diagnostic Equipment |
| 10.1.2.Preventative Maintenance of Clinical Diagnostic Equipment |
| 10.1.3.Professional Services |
| 10.1.4.Education & Training of Clinical diagnostic Equipment |
| 10.1.5.Consulting Services |
| 10.1.6.IT Services |
| 10.1.7.Others |
| 10.2. End-User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Hospital Laboratories |
| 10.2.2.Reference Laboratories |
| 10.2.3.Physician Offices |
| 10.2.4.Others |
| 10.3. Service Delivery Preference Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Break Fix Service |
| 10.3.2.OEM Service Contracts |
| 10.3.3.3rd Parties |
| 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 |
| 10.4.6.Rest of EU |
| 11.Asia Pacific (APAC) Clinical Diagnostic Services Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 11.1. Service Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Remote Diagnosis of Clinical Diagnostic Equipment |
| 11.1.2.Preventative Maintenance of Clinical Diagnostic Equipment |
| 11.1.3.Professional Services |
| 11.1.4.Education & Training of Clinical diagnostic Equipment |
| 11.1.5.Consulting Services |
| 11.1.6.IT Services |
| 11.1.7.Others |
| 11.2. End-User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Hospital Laboratories |
| 11.2.2.Reference Laboratories |
| 11.2.3.Physician Offices |
| 11.2.4.Others |
| 11.3. Service Delivery Preference Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Break Fix Service |
| 11.3.2.OEM Service Contracts |
| 11.3.3.3rd Parties |
| 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 Diagnostic Services Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 12.1. Service Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Remote Diagnosis of Clinical Diagnostic Equipment |
| 12.1.2.Preventative Maintenance of Clinical Diagnostic Equipment |
| 12.1.3.Professional Services |
| 12.1.4.Education & Training of Clinical diagnostic Equipment |
| 12.1.5.Consulting Services |
| 12.1.6.IT Services |
| 12.1.7.Others |
| 12.2. End-User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Hospital Laboratories |
| 12.2.2.Reference Laboratories |
| 12.2.3.Physician Offices |
| 12.2.4.Others |
| 12.3. Service Delivery Preference Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Break Fix Service |
| 12.3.2.OEM Service Contracts |
| 12.3.3.3rd Parties |
| 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 Diagnostic Services Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 13.1. Service Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Remote Diagnosis of Clinical Diagnostic Equipment |
| 13.1.2.Preventative Maintenance of Clinical Diagnostic Equipment |
| 13.1.3.Professional Services |
| 13.1.4.Education & Training of Clinical diagnostic Equipment |
| 13.1.5.Consulting Services |
| 13.1.6.IT Services |
| 13.1.7.Others |
| 13.2. End-User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Hospital Laboratories |
| 13.2.2.Reference Laboratories |
| 13.2.3.Physician Offices |
| 13.2.4.Others |
| 13.3. Service Delivery Preference Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Break Fix Service |
| 13.3.2.OEM Service Contracts |
| 13.3.3.3rd Parties |
| 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.Qiagen |
| 14.2.2.Quest Diagnostics, Inc. |
| 14.2.3.OPKO Health, Inc. |
| 14.2.4.Abbott |
| 14.2.5.Charles River Laboratories International, Inc. |
| 14.2.6.Cinven |
| 14.2.7.Arup Laboratories |
| 14.2.8.Sonic Healthcare |
| 14.2.9.Laboratory Corporation of America Holdings (LabCorp) |
| 14.2.10.NeoGenomics Laboratories, Inc. |
| 14.2.11.Fresenius Medical Care |
| 14.2.12.DaVita, Inc. |
| 14.2.13.Siemens Healthcare GmbH |
| 14.2.14.Viapath Group LLP |
| 14.2.15.SGS SA |
| 14.2.16.Almac Group |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.
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