Europe Clinical Laboratory Services Market Introduction and Overview
According to SPER Market Research, the Europe Clinical Laboratory Services Market is estimated to reach USD 174.43 billion by 2033 with CAGR of 6.89%.
The report includes an in-depth analysis of the Oman Facility Management Market, including market size and trends, product mix, Technology, and supplier analysis. Clinical laboratories play a significant role in the medical industry. Diagnostics and test results are among the information and resources provided by clinical laboratories that help the healthcare system distribute them as efficiently as possible. In order to support physicians in making appropriate clinical and diagnostic decisions at different levels of health care services, this maintains and distributes accurate and trustworthy test results. This makes it possible for clinicians to start and stop treatments, which would be difficult without medical laboratory facilities.
- November 2022: A strategic agreement between Microba Life Sciences and Sonic Healthcare Limited, a leading global provider of medical diagnostics, was announced. With an option to purchase an additional 5% of Microba, subject to shareholder approval, Sonic is expected to acquire a 19.99% interest in the company.
- August 2023: Abbott expanded its diagnostic service offering to include complete blood counts (CBC) testing after receiving FDA certification for its Alinity h-series hematology system. This method is essential for regular examinations since it can detect a variety of illnesses, including infections, anemia, immune system abnormalities, and blood malignancies.
Market Opportunities and Challenges
The demand for diagnostic testing and clinical laboratory services has increased due to the rising occurrence of infectious disorders, including viral outbreaks and antibiotic-resistant bacteria. These diseases are caused by organisms like bacteria, fungi, viruses, and parasites. To properly diagnose and treat these illnesses, the clinical laboratories are heavily investing in cutting-edge diagnostic technologies, such as serology testing and molecular diagnostics. Growing rates of infectious diseases have an impact on the need for clinical laboratories for patient laboratory diagnostics. Computer workstations known as digital pathology platforms are used to view digital whole slide images that are obtained through high-resolution slide scanning using a glass microscope. Algorithms are used by digital pathology platforms for diagnosis reporting and analysis, which guarantees study standardization, increased precision, and reproducibility.
One of the biggest obstacles facing clinical laboratories is the need for qualified and experienced personnel. The number of adults 65 and older who require routine diagnostic testing for their health has increased, which has contributed to a rise in the demand for clinical laboratory services. However, the number of qualified experts working in the laboratory centre is anticipated to limit market growth. Errors in the results of diagnostic tests can have detrimental effects on patient safety by possibly resulting in delayed or incorrect diagnoses that are harmful to patients' health. Numerous problems in diagnostic testing and inaccurate outcomes are related to laboratory procedures. Inappropriate utilization of laboratory test results and transfer of accurate results can result in post-analytical mistakes.
Market Competitive Landscape
Details per competitor are provided by the competitive landscape of the European clinical laboratory services market. The company's overview, financials, revenue, market potential, R&D investment, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance are all included in the details. Some of major players are Abbott, ACM Global Laboratories, Mayo Foundation for Medical Education and Research, Siemens Healthineers AG, Cerba HealthCare, Exact Sciences Corporation, Sonic Healthcare Limited Q2 Solutions (A subsidiary of IQVIA Inc.) and various others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Specialty, By Technology, By Provider, By Application
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| Regions covered | Belgium, France, Germany, Italy, Netherlands, Russia, Spain, Switzerland, Turkey, U.K., Rest Of Europe
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| Companies Covered | Abbott, ACM Global Laboratories, Mayo Foundation for Medical Education and Research, Siemens Healthineers AG, Cerba HealthCare, Exact Sciences Corporation, Sonic Healthcare Limited Q2 Solutions (A subsidiary of IQVIA Inc.) and various others. |
COVID-19 Impact on Europe Clinical Laboratory Services Market
Prior to the pandemic, factors like an aging population, a rise in the prevalence of chronic diseases, and improvements in diagnostic technologies were driving expansion in the European clinical laboratory services industry. Worldwide, the COVID-19 pandemic has had a substantial impact on clinical laboratory services as well as healthcare systems and services. The overall workload of clinical laboratories has been impacted by the increase in demand for COVID-19 testing, both diagnostic and serological. In order to handle COVID-19 testing, several laboratories changed their emphasis, which resulted in modifications to operational procedures and priorities. There has been a rise in interest in telehealth and remote testing due to lockdowns and social distancing tactics. Clinical laboratories have adopted automation, digital pathology, and other technical improvements at a faster pace because to the epidemic.
Key Target Audience:
- Tourists
- Healthcare Providers
- Diagnostic Centres
- Pharmaceutical and Biotechnology Companies
- Research and Development Teams
- Regulatory Authorities
- Government Healthcare Agencies
- Public Health Organizations
Our in-depth analysis of the Europe Clinical Laboratory Services Market includes the following segments:
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By Specialty: |
Anatomic Pathology Services
Clinical Chemistry Testing, Hematology Testing
Cytology Testing
Drugs Of Abuse Testing
Genetic Testing
Immunology Testing
|
|
By Technology: |
Chemiluminescence Immunoassay
DNA Sequencing
Enzyme-Linked Immunosorbent Assay
Flow Cytometry
Mass Spectrometry
Real-Time PCR
Other Technologies
|
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By Provider: |
Clinical Based Laboratories
Hospital-Based Laboratories
Independent & Reference Laboratories
Nursing And Physician Office-Based Laboratories
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|
By Application: |
Bio analytical & Lab Chemistry Services
Cell & Gene Therapy Related Services,
Drug Discovery Related Services and Development Related Services
Other Clinical Laboratory Services
Preclinical & Clinical Trial Related Services
Toxicology Testing Services
|
Key Topics Covered in the Report:
- Europe Clinical Laboratory Services Market Size (FY’2023-FY’2033)
- Overview of Europe Clinical Laboratory Services Market
- Segmentation of Europe Clinical Laboratory Services Market By Specialty (Clinical Chemistry Testing, Haematology Testing, Microbiology Testing, Immunology Testing, Cytology Testing, Drugs Of Abuse Testing, Anatomic Pathology Services, Genetic Testing, and Other Esoteric Testing)
- Segmentation of Europe Clinical Laboratory Services Market By Technology (Chemiluminescence Immunoassay, Enzyme-Linked Immunosorbent Assay, Mass Spectrometry, Real-Time PCR, DNA Sequencing, Flow Cytometry, and Other Technologies)
- Segmentation of Europe Clinical Laboratory Services Market By Provider (Independent & Reference Laboratories, Hospital-Based Laboratories, Clinical Based Laboratories, and Nursing and Physician Office-Based Laboratories)
- Segmentation of Europe Clinical Laboratory Services Market By Application (Drug Discovery Related Services and Development Related Services, Bio analytical & Lab Chemistry Services, Toxicology Testing Services, Cell & Gene Therapy Related Services, Preclinical & Clinical Trial Related Services, and Other Clinical Laboratory Services)
- Statistical Snap of Europe Clinical Laboratory Services Market
- Expansion Analysis of Europe Clinical Laboratory Services Market
- Problems and Obstacles in Europe Clinical Laboratory Services Market
- Competitive Landscape in the Europe Clinical Laboratory Services Market
- Impact of COVID-19 and Demonetization on Europe Clinical Laboratory Services Market
- Details on Current Investment in Europe Clinical Laboratory Services Market
- Competitive Analysis of Europe Clinical Laboratory Services Market
- Prominent Players in the Europe Clinical Laboratory Services Market
- SWOT Analysis of Europe Clinical Laboratory Services Market
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Clinical Laboratory Services Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Clinical Laboratory Services Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Clinical Laboratory Services Market
7. Europe Clinical Laboratory Services Market, By Specialty, (USD Million)
7.1. Europe Clinical Laboratory Services Market Value Share and Forecast, By Specialty, 2023-2033
7.2. Anatomic Pathology Services
7.3. Clinical Chemistry Testing, Hematology Testing
7.4. Cytology Testing
7.5. Drugs Of Abuse Testing
7.6. Genetic Testing
7.7. Immunology Testing
7.8. Microbiology Testing
7.9. Other Esoteric Testing
8. Europe Clinical Laboratory Services Market, By Technology , (USD Million)
8.1. Europe Clinical Laboratory Services Market Value Share and Forecast, By Technology , 2023-2033
8.2. Chemiluminescence Immunoassay
8.3. DNA Sequencing
8.4. Enzyme-Linked Immunosorbent Assay
8.5. Flow Cytometry
8.6. Mass Spectrometry
8.7. Real-Time PCR
8.8. Other Technologies
9. Europe Clinical Laboratory Services Market, By Provider (USD Million)
9.1. Europe Clinical Laboratory Services Market Value Share and Forecast, By Vehicle Type, 2023-2033
9.2. Clinical Based Laboratories
9.3. Hospital-Based Laboratories
9.4. Independent & Reference Laboratories
9.5. Nursing And Physician Office-Based Laboratories
10. Europe Clinical Laboratory Services Market, By Application (USD Million)
10.1. Europe Clinical Laboratory Services Market Value Share and Forecast, By Application, 2023-2033
10.2. Bio analytical & Lab Chemistry Services
10.3. Cell & Gene Therapy Related Services,
10.4. Drug Discovery Related Services and Development Related Services
10.5. Other Clinical Laboratory Services
10.6. Preclinical & Clinical Trial Related Services
10.7. Toxicology Testing Services
11. Europe Clinical Laboratory Services Market Forecast, 2019-2033 (USD Million)
11.1. Europe Clinical Laboratory Services Market Size and Market Share
12. Europe Clinical Laboratory Services Market, By Specialty, 2019-2033 (USD Million)
12.1. Europe Clinical Laboratory Services Market Size and Market Share By Specialty (2019-2026)
12.2. Europe Clinical Laboratory Services Market Size and Market Share By Specialty (2027-2033)
13. Europe Clinical Laboratory Services Market, By Technology, 2019-2033 (USD Million)
13.1. Europe Clinical Laboratory Services Market Size and Market Share By Technology (2019-2026)
13.2. Europe Clinical Laboratory Services Market Size and Market Share By Technology (2027-2033)
14. Europe Clinical Laboratory Services Market, By Provider, 2019-2033 (USD Million)
14.1. Europe Clinical Laboratory Services Market Size and Market Share By Provider (2019-2026)
14.2. Europe Clinical Laboratory Services Market Size and Market Share By Provider (2027-2033)
15. Europe Clinical Laboratory Services Market, By Application, 2019-2033 (USD Million)
15.1. Europe Clinical Laboratory Services Market Size and Market Share By Application (2019-2026)
15.2. Europe Clinical Laboratory Services Market Size and Market Share By Application (2027-2033)
16. Europe Clinical Laboratory Services Market, By Region, 2019-2033 (USD Million)
16.1. Europe Clinical Laboratory Services Market Size and Market Share By Region (2019-2026)
16.2. Europe Clinical Laboratory Services Market Size and Market Share By Region (2027-2033)
16.2.1. Belgium
16.2.2. France
16.2.3. Germany
16.2.4. Italy
16.2.5. Netherlands
16.2.6. Russia
16.2.7. Spain
16.2.8. Switzerland
16.2.9. Turkey
16.2.10. U.K.
16.2.11. Rest Of Europe
17. Company Profile
17.1. Abbott
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. ACM Global Laboratories
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Cerba HealthCare
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. Exact Sciences Corporation
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. Mayo Foundation for Medical Education and Research
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Sonic Healthcare Limited
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Siemens Healthineers AG
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Q2 Solutions (A subsidiary of IQVIA Inc)
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
15.20 Others
16 List of Abbreviations
17 Reference Links
18 Conclusion
19 Research Scope