Australia Esoteric Testing Market Size & Outlook

The esoteric testing market in Australia is expected to reach a projected revenue of US$ 1,439.3 million by 2030. A compound annual growth rate of 13.3% is expected of Australia esoteric testing market from 2024 to 2030.
Revenue, 2023 (US$M)
$599.9
Forecast, 2030 (US$M)
$1,439.3
CAGR, 2024 - 2030
13.3%
Report Coverage
Australia

Australia esoteric testing market highlights

  • The Australia esoteric testing market generated a revenue of USD 599.9 million in 2023 and is expected to reach USD 1,439.3 million by 2030.
  • The Australia market is expected to grow at a CAGR of 13.3% from 2024 to 2030.
  • In terms of segment, oncology testing was the largest revenue generating type in 2023.
  • Genetic Testing is the most lucrative type segment registering the fastest growth during the forecast period.


Esoteric testing market data book summary

Market revenue in 2023USD 599.9 million
Market revenue in 2030USD 1,439.3 million
Growth rate13.3% (CAGR from 2023 to 2030)
Largest segmentOncology testing
Fastest growing segmentGenetic Testing
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOncology Testing, Infectious Disease Testing, Genetic Testing, Endocrinology Testing, Toxicology Testing, Neurology Testing
Key market players worldwideLabcorp Holdings Inc, OPKO Health Inc, Quest Diagnostics Inc, Sonic Healthcare Ltd, H U Group Holdings Inc, Stanford Health Care, the mayo foundation, ARUP Laboratories, Athenahealth, Rochester Regional Health, Healius Ltd


Other key industry trends

  • In terms of revenue, Australia accounted for 2.7% of the global esoteric testing market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China esoteric testing 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 2,406.5 million by 2030.

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Esoteric Testing Market Companies

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Australia esoteric testing 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 esoteric testing market will help companies and investors design strategic landscapes.


Oncology testing was the largest segment with a revenue share of 28.15% in 2023. Horizon Databook has segmented the Australia esoteric testing market based on oncology testing, infectious disease testing, genetic testing, endocrinology testing, toxicology testing, neurology testing covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Australia esoteric testing market , including forecasts for subscribers. This country databook contains high-level insights into Australia esoteric testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia esoteric testing market size, by type, 2018-2030 (US$M)

Australia Esoteric Testing Market Outlook Share, 2023 & 2030 (US$M)

Australia esoteric testing market size, by type, 2018-2030 (US$M)

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