South Africa Clinical Laboratory Service Market Size & Outlook
South Africa clinical laboratory service market, 2018-2030 (US$M)
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South Africa clinical laboratory service market highlights
- The South Africa clinical laboratory service market generated a revenue of USD 1,232.1 million in 2023 and is expected to reach USD 1,899.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.4% 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 2023 | USD 1,232.1 million |
| Market revenue in 2030 | USD 1,899.1 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Clinical chemistry |
| Fastest growing segment | Medical Microbiology & Cytology |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Human & Tumor Genetics, Clinical Chemistry, Medical Microbiology & Cytology, Other Esoteric Tests |
| Key market players worldwide | Labcorp 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, South Africa accounted for 0.5% 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 Middle East & Africa, UAE clinical laboratory service market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,899.1 million by 2030.
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Clinical Laboratory Service Market Scope
Clinical Laboratory Service Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 54.91% in 2023. Horizon Databook has segmented the South Africa 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.
- South Africa Clinical Laboratory Service Test Type Outlook (Revenue, USD Million, 2018-2030)
- Human & Tumor Genetics
- Clinical Chemistry
- Medical Microbiology & Cytology
- Other Esoteric Tests
- South Africa Clinical Laboratory Service Service Provider Outlook (Revenue, USD Million, 2018-2030)
- Hospital-Based Laboratories
- Stand-Alone Laboratories
- Clinic-Based Laboratories
- South Africa Clinical Laboratory Service Application Outlook (Revenue, USD Million, 2018-2030)
- 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
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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 South Africa clinical laboratory service market , including forecasts for subscribers. This country databook contains high-level insights into South Africa clinical laboratory service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa clinical laboratory service market size, by test type, 2018-2030 (US$M)
South Africa Clinical Laboratory Service Market Outlook Share, 2023 & 2030 (US$M)
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