Central Lab Market to 2028, Future Outlook, COVID-19 Impact Analysis, Forecast -2028

The Global Central Lab Market was estimated at USD 2,673.01 million in 2021 and is projected to hit over USD 3,841.12 million by 2028, poised to grow at a CAGR of 6% during the forecast period 2022 to 2028.

A central laboratory is defined as a medical laboratory that serves several facilities or institutions. The definition also includes laboratories that are not on-site but serve only one hospital or institution. They act as service providers for clinical laboratories within health care facilities. Other terms used to define central laboratory services include “enterprise laboratory” and “national reference laboratory system”. This report describes the different types of central laboratory services, depending on their organizational structure and management, the functions they perform, and their relationship to health care institutions.

Market Segments

By Service Type

• Genetic Services
• Biomarker Services
• Microbiology Services
• Anatomic Pathology/Histology
• Specimen Management & Storage
• Special Chemistry Services
• Others

By End User

• Pharmaceutical Companies
• Biotechnology Companies
• Academic and Research Institutes

Key Players

• ACM Global Central Lab
• Barc Lab (Cerba Research)
• Bioscientia (Sonic Healthcare)
• Celerion
• CIRION BioPharma Research
• Clinical Reference Laboratory
• Eurofins Central Laboratory
• Frontage Laboratories, Inc.
• ICON Central Labs.
• INTERLAB Central Lab Services
• InVitro International
• Lab Corp/Covance
• LabConnect

Scope of the Report

The research study analyzes the global Central Lab industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Central Lab Market Report

1. What was the Central Lab Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Central Lab Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Central Lab Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.