Europe Central Lab Market Size & Outlook, 2023-2030
Europe central lab market, 2018-2030 (US$M)
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Europe central lab market highlights
- The Europe central lab market generated a revenue of USD 915.7 million in 2023.
- The market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, biomarker services was the largest revenue generating services in 2023.
- Genetic Services is the most lucrative services segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 915.7 million |
| Market revenue in 2030 | USD 1,442.3 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Biomarker services |
| Fastest growing segment | Genetic Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Genetic Services, Biomarker Services, Microbiology Services, Anatomic Pathology/Histology, Specimen Management & Storage, Special Chemistry Services |
| Key market players worldwide | LabConnect, Eurofins Scientific SE, A. P. Moller Maersk A/S ADR, ACM Global, Cerba Research, Synevo Central Labs, Versiti, Cenetron, Ampersand Capital Partners, Pacific Biomarkers, Cirion |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.9% of the global central lab market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,201.9 million by 2030.
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Central Lab Market Scope
Central Lab Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe central lab market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to central lab market will help companies and investors design strategic landscapes.
Biomarker services was the largest segment with a revenue share of 38.44% in 2023. Horizon Databook has segmented the Europe central lab market based on genetic services, biomarker services, microbiology services, anatomic pathology/histology, specimen management & storage, special chemistry services covering the revenue growth of each sub-segment from 2018 to 2030.
Europe accounts for a significant revenue share of central lab market due to the presence of developed economies, such as Germany, Spain, the UK, France, and Italy. These countries have an advanced laboratory infrastructure, which is anticipated to significantly boost clinical research prospects in the region.
Furthermore, growing trend of personalized medicine is projected to further accelerate the market growth. The increasing prevalence of genetic disorders and infectious diseases, coupled with growing investments in genomic research initiatives, is expected to drive the market.
However, uneven reimbursement policies may restrain the market growth. Europe became the focal point of the COVID-19 pandemic in early March 2020, with the virus spreading rapidly across the region.
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Our clientele includes a mix of central lab market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe central lab market , including forecasts for subscribers. This continent databook contains high-level insights into Europe central lab market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe central lab market size, by country, 2018-2030 (US$M)
Europe Central Lab Market Outlook Share, 2023 & 2030 (US$M)
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