Global Central Lab Market Size study & Forecast, by Services (Biomarker Services, Specimen Management and Storage, Anatomic Pathology and Histology, Genetic Services, Others), by End User (Biotechnology Companies, Pharmaceutical Companies, Others), and Re

Global Central Lab Market Size study & Forecast, by Services (Biomarker Services, Specimen Management and Storage, Anatomic Pathology and Histology, Genetic Services, Others), by End User (Biotechnology Companies, Pharmaceutical Companies, Others), and Regional Analysis, 2022-2029


Global Central Lab Market is valued at approximately USD xx billion in 2021 and is anticipated to grow with a healthy growth rate of more than x% over the forecast period 2022-2029.
Central Lab is a laboratory where the samples were sent from all the clinical sites. Samples are collected from clinical sites and then it was sent to the central laboratory and then they run all the laboratory tests by standardized methods.
The growth of the Global Central Lab Market is mainly driven by markets that are coming out. There are a lot of unmet healthcare demands, and this will lead to improvements in healthcare facilities and infrastructure. An increase in chronic diseases will lead to an increase in clinical trials which will lead to an increase in samples and thus will lead to growth in Central Lab Market. As per World Health Organization, the number of trials in low-income countries were almost 100 times less than in high-income countries. Moreover, the demand for innovative drugs is growing for diseases which basically gives different ways for treatment. For this kind of innovative product, they need to enter preclinical stages for approval which will become a growth driver for Central Labs. As per the reports published by Congressional Budget Office, the total amount spent by the pharmaceutical industry on R&D is USD 83 billion in 2019. However, the quality of results, accuracy and rapidity are the restraining factors for central labs. The turnaround time is one of the major indicators of the performance of the laboratory. As per reports by the National Institute of Health (NIH), the acceptable turnaround time is 90% completion time<60% for general lab tests.
The Covid-19 pandemic has created growth opportunities for central labs because there is more focus on vaccine development and there are a lot of investigations going on for Covid-19 treatment. The samples that have been collected and handled and the logistics related to that should be fast and samples should be handled carefully, this will create an opportunity for central labs to maintain sample stability to get more accurate results. As per the report by Hindustan Times, India has tested more than 10 million samples for Covid-19 in the last 5-6 months and this report has been published in July 2020. Senior citizens in every country are facing a lot of multiple diseases which thus increases the demand for cost-effective products for their treatment and this will lead to the industry’s focus on R&D. As per the National Council of Aging, adults who are 65 and above of age so 80% of them are facing at least one chronic disease and among them, 68% have two or more. Now, as a result, it will create more and more opportunities for clinical trials and thus it will lead to greater demand for central lab services.

The key regions considered for the Global Central Lab Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the reasons such as the increase in clinical trials in the USA and there has been lot of research and development in drugs and the growing chronic diseases also led to an increase in demand for central labs. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to the factors such as the growing central lab services, there is also positive government support and the increase in research and development also led to increasing in demand for central labs. As per the statistics by BioSpectrum Asia, there has been a rapid increase in non-communicable diseases and around 55% of deaths are due to non-communicable diseases in Southeast Asia. The increase in these diseases increases the demand for central labs in the Asia Pacific.

Major market player included in this report are:
Cirion Biopharma Research Inc.
ACM Global Laboratories
Eurofins Scientific
Lambda Therapeutics Research Ltd.
A.P. Moller Holding A/S
Frontage Laboratories Inc.
Interlab Central Lab Services
Medicover Integrated Clinical Services
Rochester Regional Health
Laboratory Corporation of America Holdings



Recent Developments in the Market:
In June 2021, a wholly owned subsidiary of IQVIA, Q2 Solutions has declared the extension of their clinical laboratory services and extension of their operational functions at Alba Campus in Livingston, Scotland. This will support pharma and biopharma clients globally and will drive finer patient outcomes.
In September 2021, a top global clinical research organization, Emmes, combined with its CRO Orphan Reach, declared that they have signed a new agreement for 5 years to increase their relationship with Eurofins Central Laboratory.
In June 2022, Labcorp Inc. which is a top global life sciences company declared that they will be extending their drug development operations and central laboratory in Japan through the extension of the CB trial Laboratory which is the Central Lab that is co-managed by a leading Japanese service provider of clinical labs testing services, known BML and Labcorp Drug Development.


Global Central Lab Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Services, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:


By Services:
Biomarker Services
Specimen Management and Storage
Anatomic Pathology and Histology
Genetic Services
Others

By End User:
Biotechnology Companies
Pharmaceutical Companies
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned

Cirion Biopharma Research Inc.
ACM Global Laboratories
Eurofins Scientific
Lambda Therapeutics Research Ltd.
A.P. Moller Holding A/S
Frontage Laboratories Inc.
Interlab Central Lab Services
Medicover Integrated Clinical Services
Rochester Regional Health
Laboratory Corporation of America Holdings

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Central Lab Market, by Region, 2019-2029 (USD Billion)
1.2.2. Central Lab Market, by Service, 2019-2029 (USD Billion)
1.2.3. Central Lab Market, by End User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Central Lab Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Central Lab Market Dynamics
3.1. Central Lab Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increase in Chronic Diseases
3.1.1.2. Increase in demand for innovative drugs
3.1.2. Market Challenges
3.1.2.1. Turnaround of central labs
3.1.3. Market Opportunities
3.1.3.1. Increase in Covid-19 cases
3.1.3.2. Multiple diseases of senior citizens globally
Chapter 4. Global Central Lab Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Central Lab Market, by Service
6.1. Market Snapshot
6.2. Global Central Lab Market by Service, Performance - Potential Analysis
6.3. Global Central Lab Market Estimates & Forecasts by Service 2019-2029 (USD Billion)
6.4. Central Lab Market, Sub Segment Analysis
6.4.1. Biomarker Services
6.4.2. Specimen Management and Storage
6.4.3. Anatomic Pathology and Histology
6.4.4. Genetic Services
6.4.5. Others
Chapter 7. Global Central Lab Market, by End User
7.1. Market Snapshot
7.2. Global Central Lab Market by End User, Performance - Potential Analysis
7.3. Global Central Lab Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
7.4. Central Lab Market, Sub Segment Analysis
7.4.1. Biotechnology Companies
7.4.2. Pharmaceutical Companies
7.4.3. Others
Chapter 8. Global Central Lab Market, Regional Analysis
8.1. Central Lab Market, Regional Market Snapshot
8.2. North America Central Lab Market
8.2.1. U.S. Central Lab Market
8.2.1.1. Service breakdown estimates & forecasts, 2019-2029
8.2.1.2. End User breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Central Lab Market
8.3. Europe Central Lab Market Snapshot
8.3.1. U.K. Central Lab Market
8.3.2. Germany Central Lab Market
8.3.3. France Central Lab Market
8.3.4. Spain Central Lab Market
8.3.5. Italy Central Lab Market
8.3.6. Rest of Europe Central Lab Market
8.4. Asia-Pacific Central Lab Market Snapshot
8.4.1. China Central Lab Market
8.4.2. India Central Lab Market
8.4.3. Japan Central Lab Market
8.4.4. Australia Central Lab Market
8.4.5. South Korea Central Lab Market
8.4.6. Rest of Asia Pacific Central Lab Market
8.5. Latin America Central Lab Market Snapshot
8.5.1. Brazil Central Lab Market
8.5.2. Mexico Central Lab Market
8.6. Rest of The World Central Lab Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Cirion Biopharma Research Inc.
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. ACM Global Laboratories
9.2.3. Eurofins Scientific
9.2.4. Lambda Therapeutics Research Ltd.
9.2.5. A.P. Moller Holdings A/S
9.2.6. Frontage Laboratories Inc.
9.2.7. Interlab Central Lab Services
9.2.8. Medicover Integrated Clinical Services
9.2.9. Rochester Regional Health
9.2.10. Laboratory Corporation of America Holdings
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
List of Tables
TABLE 1. Global Central Lab Market, report scope
TABLE 2. Global Central Lab Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Central Lab Market estimates & forecasts by Service 2019-2029 (USD Billion)
TABLE 4. Global Central Lab Market estimates & forecasts by End User 2019-2029 (USD Billion)
TABLE 5. Global Central Lab Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Central Lab Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Central Lab Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Central Lab Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Central Lab Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Central Lab Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Central Lab Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Central Lab Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Central Lab Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Central Lab Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Central Lab Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Central Lab Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Central Lab Market
TABLE 70. List of primary sources, used in the study of global Central Lab Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
FIGURE 1. Global Central Lab Market, research methodology
FIGURE 2. Global Central Lab Market, Market estimation techniques
FIGURE 3. Global Market size estimates & forecast methods
FIGURE 4. Global Central Lab Market, key trends 2021
FIGURE 5. Global Central Lab Market, growth prospects 2022-2029
FIGURE 6. Global Central Lab Market, porters 5 force model
FIGURE 7. Global Central Lab Market, pest analysis
FIGURE 8. Global Central Lab Market, value chain analysis
FIGURE 9. Global Central Lab Market by segment, 2019 & 2029 (USD Billion)
FIGURE 10. Global Central Lab Market by segment, 2019 & 2029 (USD Billion)
FIGURE 11. Global Central Lab Market by segment, 2019 & 2029 (USD Billion)
FIGURE 12. Global Central Lab Market by segment, 2019 & 2029 (USD Billion)
FIGURE 13. Global Central Lab Market by segment, 2019 & 2029 (USD Billion)
FIGURE 14. Global Central Lab Market, regional snapshot 2019 & 2029
FIGURE 15. North America Central Lab Market 2019 & 2029 (USD Billion)
FIGURE 16. Europe Central Lab Market 2019 & 2029 (USD Billion)
FIGURE 17. Asia pacific Central Lab Market 2019 & 2029 (USD Billion)
FIGURE 18. Latin America Central Lab Market 2019 & 2029 (USD Billion)
FIGURE 19. Global Central Lab Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings