India Clinical Laboratory Service Market Size & Outlook

The clinical laboratory service market in India is expected to reach a projected revenue of US$ 6,502.7 million by 2030. A compound annual growth rate of 0.2% is expected of India clinical laboratory service market from 2024 to 2030.
Revenue, 2023 (US$M)
$6,393.8
Forecast, 2030 (US$M)
$6,502.7
CAGR, 2024 - 2030
0.2%
Report Coverage
India

India clinical laboratory service market highlights

  • The India clinical laboratory service market generated a revenue of USD 6,393.8 million in 2023 and is expected to reach USD 6,502.7 million by 2030.
  • The India market is expected to grow at a CAGR of 0.2% from 2024 to 2030.
  • In terms of segment, clinical chemistry was the largest revenue generating test type in 2023.
  • Medical Microbiology & Cytology is the most lucrative test type segment registering the fastest growth during the forecast period.


Clinical laboratory service market data book summary

Market revenue in 2023USD 6,393.8 million
Market revenue in 2030USD 6,502.7 million
Growth rate0.2% (CAGR from 2023 to 2030)
Largest segmentClinical chemistry
Fastest growing segmentMedical Microbiology & Cytology
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHuman & Tumor Genetics, Clinical Chemistry, Medical Microbiology & Cytology, Other Esoteric Tests
Key market players worldwideLabcorp Holdings Inc, Qiagen NV, Eurofins Scientific SE, Quest Diagnostics Inc, OPKO Health Inc, Siemens Healthineers AG ADR, NeoGenomics Inc, Fresenius Medical Care AG, Sonic Healthcare Ltd, Charles River Laboratories International Inc, SYNLAB Group, Mayo Clinic


Other key industry trends

  • In terms of revenue, India accounted for 2.7% of the global clinical laboratory service market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China clinical laboratory service market is projected to lead the regional market in terms of revenue in 2030.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,676.4 million by 2030.

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Clinical Laboratory Service Market Scope

Clinical laboratory service market segmentation & scope
Human & Tumor Genetics
Clinical Chemistry
Medical Microbiology & Cytology
Other Esoteric Tests
Hospital-Based Laboratories
Stand-Alone Laboratories
Clinic-Based Laboratories
Bioanalytical & Lab chemistry services
Toxicology testing services
Cell & gene therapy related services
Preclinical & clinical trial related services
Drug discovery & development related Services
Other clinical laboratory services

Clinical Laboratory Service Market Companies

Name Profile # Employees HQ Website

India clinical laboratory service 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 clinical laboratory service market will help companies and investors design strategic landscapes.


Clinical chemistry was the largest segment with a revenue share of 80.52% in 2023. Horizon Databook has segmented the India clinical laboratory service market based on human & tumor genetics, clinical chemistry, medical microbiology & cytology, other esoteric tests covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of India clinical laboratory service market databook

  • Our clientele includes a mix of clinical laboratory service market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India clinical laboratory service market , including forecasts for subscribers. This country databook contains high-level insights into India clinical laboratory service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India clinical laboratory service market size, by test type, 2018-2030 (US$M)

India Clinical Laboratory Service Market Outlook Share, 2023 & 2030 (US$M)

India clinical laboratory service market size, by test type, 2018-2030 (US$M)

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