China Healthcare Analytical Testing Services Market Size & Outlook
China healthcare analytical testing services market, 2018-2028 (US$M)
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China healthcare analytical testing services market highlights
- The China healthcare analytical testing services market generated a revenue of USD 920.4 million in 2021 and is expected to reach USD 2,017.9 million by 2028.
- The China market is expected to grow at a CAGR of 11.9% from 2022 to 2028.
- In terms of segment, medical device analytical testing services was the largest revenue generating type in 2021.
- Medical Device Analytical Testing Services is the most lucrative type segment registering the fastest growth during the forecast period.
Healthcare analytical testing services market data book summary
| Market revenue in 2021 | USD 920.4 million |
| Market revenue in 2028 | USD 2,017.9 million |
| Growth rate | 11.9% (CAGR from 2021 to 2028) |
| Largest segment | Medical device analytical testing services |
| Fastest growing segment | Medical Device Analytical Testing Services |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Device Analytical Testing Services, Pharmaceutical Analytical Testing Services |
| Key market players worldwide | Icon PLC, Labcorp Holdings Inc, Charles River Laboratories International Inc, Syneos Health, SGS AG, Eurofins Scientific SE, Intertek Group PLC, PPD, Pace Analytical Services, Toxikon |
Other key industry trends
- In terms of revenue, China accounted for 7.4% of the global healthcare analytical testing services market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China healthcare analytical testing services market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,257.5 million by 2028.
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Healthcare Analytical Testing Services Market Scope
Healthcare Analytical Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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China healthcare analytical testing services 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 healthcare analytical testing services market will help companies and investors design strategic landscapes.
Medical device analytical testing services was the largest segment with a revenue share of 64.07% in 2021. Horizon Databook has segmented the China healthcare analytical testing services market based on medical device analytical testing services, pharmaceutical analytical testing services covering the revenue growth of each sub-segment from 2018 to 2028.
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Our clientele includes a mix of healthcare analytical testing services 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 China healthcare analytical testing services market , including forecasts for subscribers. This country databook contains high-level insights into China healthcare analytical testing services market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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China healthcare analytical testing services market size, by type, 2018-2028 (US$M)
China Healthcare Analytical Testing Services Market Outlook Share, 2021 & 2028 (US$M)
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