Canada Pathology Laboratories Market Size & Outlook

The pathology laboratories market in Canada is expected to reach a projected revenue of US$ 82.8 million by 2030. A compound annual growth rate of 18.5% is expected of Canada pathology laboratories market from 2024 to 2030.
Revenue, 2023 (US$M)
$25.3
Forecast, 2030 (US$M)
$82.8
CAGR, 2024 - 2030
18.5%
Report Coverage
Canada

Canada pathology laboratories market highlights

  • The Canada pathology laboratories market generated a revenue of USD 25.3 million in 2023 and is expected to reach USD 82.8 million by 2030.
  • The Canada market is expected to grow at a CAGR of 18.5% from 2024 to 2030.
  • In terms of segment, hospital-based was the largest revenue generating type in 2023.
  • Diagnostic Chains is the most lucrative type segment registering the fastest growth during the forecast period.


Pathology laboratories market data book summary

Market revenue in 2023USD 25.3 million
Market revenue in 2030USD 82.8 million
Growth rate18.5% (CAGR from 2023 to 2030)
Largest segmentHospital-based
Fastest growing segmentDiagnostic Chains
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHospital-based, Standalone Laboratories, Diagnostic Chains
Key market players worldwideQuest Diagnostics Inc, Eurofins Scientific SE, Labcorp Holdings Inc, Exact Sciences Corp, Fresenius Medical Care AG, SYNLAB Group, Sonic Healthcare Ltd, Healius Ltd, OPKO Health Inc, Falco Holdings Co Ltd, A. P. Moller Maersk A/S Class B


Other key industry trends

  • In terms of revenue, Canada accounted for 7.0% of the global pathology laboratories market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. pathology laboratories market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 82.8 million by 2030.

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Pathology Laboratories Market Scope

Pathology laboratories market segmentation & scope
Hospital-based
Standalone Laboratories
Diagnostic Chains
General Physiological & Clinical Tests
Imaging & Radiology Tests
Esoteric Tests
COVID-19 Tests
Physician Referrals
Walk-Ins
Corporate

Pathology Laboratories Market Companies

Name Profile # Employees HQ Website

Canada pathology laboratories 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 pathology laboratories market will help companies and investors design strategic landscapes.


Hospital-based was the largest segment with a revenue share of 57.71% in 2023. Horizon Databook has segmented the Canada pathology laboratories market based on hospital-based, standalone laboratories, diagnostic chains covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Canada pathology laboratories market databook

  • Our clientele includes a mix of pathology laboratories market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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

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Canada pathology laboratories market size, by type, 2018-2030 (US$M)

Canada Pathology Laboratories Market Outlook Share, 2023 & 2030 (US$M)

Canada pathology laboratories market size, by type, 2018-2030 (US$M)

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