The 2025-2030 World Outlook for Clinical Laboratory Services
This study covers the world outlook for clinical laboratory services across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.
In this report we define the sales of clinical laboratory services as including all commonly understood services falling within this broad category, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include Abbott Laboratories, ACM Global Laboratories, ADICON Clinical Laboratories, Alere (A Subsidiary of Abbott), amedes Group, American Esoteric Laboratories, Arup Laboratories, BioReference Laboratories, Bio-Reference Laboratories, BioReference Laboratories, Inc., Bioscientia Healthcare, Cerba Healthcare, Charles River, Cinven, Clarient, Clinical Reference Laboratory, DaVita, Dynacare, Enzo Clinical Labs, Eurofins Scientific, Fresenius Medical Care, Genomic Health, Genoptix, Genova Diagnostics, Genzyme, Healthscope, Kingmed Diagnostics, Labco, Laboratory Corporation of America Holdings, LifeLabs, Mayo Foundation for Medical Education and Research (MFMER), MIRACA Holdings, Myriad Genetic, Neogenomics Laboratories, Novartis, OPKO Health, Prometheus Laboratories, Qiagen, Quest Diagnostics, Randox Laboratories, Siemens, Sonic Healthcare, Spectra Laboratories, Synlab International, The National Health Laboratory Service, Thyrocare Technologies, and Unilabs. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2024).