Clinical Laboratory Service Industry Overview The global clinical laboratory service market size is expected to reach USD 288.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.7% from 2021 to 2028. Growing prevalence of target diseases such as diabetes and cardiovascular diseases is expected to positively impact the market growth over the forecast period. For instance, according to the WHO, by 2030, cardiovascular diseases are estimated to cause approximately 23.6 million deaths, mainly from heart disease and stroke. Clinical Laboratory Service Market Segmentation Grand View Research has segmented the global clinical laboratory service market on the basis of test type, service provider, application, and region: Based on the Test Type Insights, the market is segmented into Human & Tumor Genetics, Clinical Chemistry, Medical Microbiology & Cytology, Other Esoteric Tests.
Based on the Service Provider Insights, the market is segmented into Hospital-Based Laboratories, Stand-Alone Laboratories, Clinic-Based Laboratories.
Based on the Application Insights, the market is segmented into Bioanalytical & Lab Chemistry, Toxicology Testing, Cell & Gene Therapy Related Services, Preclinical & Clinical Trial Related Services, Drug Discovery & Development Related Services, Others.
Clinical Laboratory Service Regional Outlook
Key Companies Profile & Market Share Insights Market entities are undertaking strategic initiatives to address the growing demand for clinical laboratory services. Major players are involved in the acquisition of small players to enhance their services portfolio and improve their geographical presence. Some prominent players in the global clinical laboratory service market include
Order a free sample PDF of the Clinical Laboratory Service Market Intelligence Study, published by Grand View Research.
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