Singapore Clinical Laboratory Tests Market Size & Outlook

The clinical laboratory tests market in Singapore is expected to reach a projected revenue of US$ 1,540.1 million by 2030. A compound annual growth rate of 12.6% is expected of Singapore clinical laboratory tests market from 2024 to 2030.
Revenue, 2023 (US$M)
$670.8
Forecast, 2030 (US$M)
$1,540.1
CAGR, 2024 - 2030
12.6%
Report Coverage
Singapore

Singapore clinical laboratory tests market highlights

  • The Singapore clinical laboratory tests market generated a revenue of USD 670.8 million in 2023 and is expected to reach USD 1,540.1 million by 2030.
  • The Singapore market is expected to grow at a CAGR of 12.6% 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 2023USD 670.8 million
Market revenue in 2030USD 1,540.1 million
Growth rate12.6% (CAGR from 2023 to 2030)
Largest segmentHba1c tests
Fastest growing segmentHGB/HCT tests
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationComplete 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 worldwideQuest 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, Singapore accounted for 0.6% 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 Asia Pacific, China clinical laboratory tests market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,145.7 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Clinical Laboratory Tests Market Companies

Name Profile # Employees HQ Website

Singapore clinical laboratory tests market size, by type, 2018-2030 (US$M)

Singapore Clinical Laboratory Tests Market Outlook Share, 2023 & 2030 (US$M)

Singapore clinical laboratory tests market size, by type, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more