Germany Central Lab Market Size & Outlook, 2023-2030
Germany central lab market, 2018-2030 (US$M)
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Germany central lab market highlights
- The Germany central lab market generated a revenue of USD 192.2 million in 2023 and is expected to reach USD 286.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.9% 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.
Central lab market data book summary
| Market revenue in 2023 | USD 192.2 million |
| Market revenue in 2030 | USD 286.6 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Biomarker services |
| Fastest growing segment | Genetic Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 5.9% of the global central lab market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany central lab market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 190.3 million by 2030.
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Central Lab Market Scope
Central Lab Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 38.45% in 2023. Horizon Databook has segmented the Germany 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.
Germany holds a significant share of Europe's central lab market, primarily due to its large geriatric population.
In 2020, 18.27 million people in Germany were aged over 65, accounting for 22% of the population. This high concentration of the geriatric population in the country leads to high growth opportunities for central lab services for studies related to chronic diseases.
The reimbursement scenario is also lenient in the country due to increased prices by manufacturers. The German Health Technology Assessment in coordination with the Institute for Quality and Efficiency in Health Care (IQWiG) regulates reimbursement in Germany by levying average prices for the same tests for different individuals.
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Our clientele includes a mix of central lab market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany central lab market , including forecasts for subscribers. This country databook contains high-level insights into Germany central lab market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany central lab market size, by services, 2018-2030 (US$M)
Germany Central Lab Market Outlook Share, 2023 & 2030 (US$M)
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