UK Clinical Laboratory Service Market Size & Outlook
UK clinical laboratory service market, 2018-2030 (US$M)
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UK clinical laboratory service market highlights
- The UK clinical laboratory service market generated a revenue of USD 9,074.6 million in 2023 and is expected to reach USD 10,525.6 million by 2030.
- The UK market is expected to grow at a CAGR of 2.1% from 2024 to 2030.
- In terms of segment, clinical chemistry was the largest revenue generating test type in 2023.
- Human & Tumor Genetics 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 9,074.6 million |
| Market revenue in 2030 | USD 10,525.6 million |
| Growth rate | 2.1% (CAGR from 2023 to 2030) |
| Largest segment | Clinical chemistry |
| Fastest growing segment | Human & Tumor Genetics |
| 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, UK accounted for 3.9% 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 Europe, Germany clinical laboratory service 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 10,788.3 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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UK 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 53.97% in 2023. Horizon Databook has segmented the UK 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.
Most tests are conducted in the UK in NHS laboratories. However, there are many private labs in the country, which can make it difficult for new private players to enter the UK market, owing to the low cost of tests provided by the NHS.
The high number of tests conducted every year in the UK, and a large number of NHS labs in the country are expected to boost the market in the UK. The In Vitro Diagnostics Regulation (IVDR) requires device manufacturers to perform clinical performance studies and provide evidence of performance and safety proportionate, along with a device’s allocated risk class.
The manufacturers have to retain and collect post market performance data as a part of the ongoing evaluation of possible safety risks.
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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 UK clinical laboratory service market , including forecasts for subscribers. This country databook contains high-level insights into UK clinical laboratory service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK clinical laboratory service market size, by test type, 2018-2030 (US$M)
UK Clinical Laboratory Service Market Outlook Share, 2023 & 2030 (US$M)
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