Italy Clinical Laboratory Tests Market Size & Outlook
Italy clinical laboratory tests market, 2018-2030 (US$M)
Related Markets
Italy clinical laboratory tests market highlights
- The Italy clinical laboratory tests market generated a revenue of USD 2,903.2 million in 2023 and is expected to reach USD 5,914.7 million by 2030.
- The Italy market is expected to grow at a CAGR of 10.7% from 2024 to 2030.
- In terms of segment, hba1c tests was the largest revenue generating type in 2023.
- HGB/HCT tests is the most lucrative type segment registering the fastest growth during the forecast period.
Clinical laboratory tests market data book summary
| Market revenue in 2023 | USD 2,903.2 million |
| Market revenue in 2030 | USD 5,914.7 million |
| Growth rate | 10.7% (CAGR from 2023 to 2030) |
| Largest segment | Hba1c tests |
| Fastest growing segment | HGB/HCT tests |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Complete blood count, HGB/HCT tests, Basic metabolic panel, BUN creatinine tests, Electrolytes testing, HbA1c tests, Comprehensive metabolic panel tests, Liver panel tests, Renal panel tests, Lipid panel tests |
| Key market players worldwide | Quest Diagnostics Inc, Abbott Laboratories, Labcorp Holdings Inc, ARUP Laboratories, OPKO Health Inc, Clinical Reference Laboratory, Sonic Healthcare Ltd, Cinven, Unilabs |
Other key industry trends
- In terms of revenue, Italy accounted for 2.5% of the global clinical laboratory tests 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 tests market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 5,914.7 million by 2030.
Hba1c tests was the largest segment with a revenue share of 12.39% in 2023. Horizon Databook has segmented the Italy clinical laboratory tests market based on complete blood count, hgb/hct tests, basic metabolic panel, bun creatinine tests, electrolytes testing, hba1c tests, comprehensive metabolic panel tests, liver panel tests, renal panel tests, lipid panel tests covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing demand for rapid diagnostic procedures and rising prevalence of infectious diseases in the country are factors driving the clinical laboratory tests market in Italy. Presence of favorable government initiatives and development of independent diagnostic centers are expected to boost market growth over the forecast period.
Moreover, growing awareness about early detection of diseases for faster and more efficient treatment is expected to boost the demand for clinical laboratory tests in the country. Furthermore, presence of key clinical laboratory tests providers, such as Unilabs, CBCV, Eurofins, and SYNLAB, is anticipated to fuel the growth of clinical laboratory tests in Italy.
The demand for automated clinical laboratory tests is growing in the country, which can be attributed to challenges in hiring staff for clinical laboratories. This creates lucrative growth opportunities for automated clinical laboratory test selling companies to increase their market share and revenue generation capacity.
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Clinical Laboratory Tests Market Scope
Clinical Laboratory Tests Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy clinical laboratory tests market size, by type, 2018-2030 (US$M)
Italy Clinical Laboratory Tests Market Outlook Share, 2023 & 2030 (US$M)
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