Global Laboratory Services Market - Forecasts from 2025 to 2030

The Global Laboratory Services market is expected to grow at a compound annual growth rate of 4.79% over the forecast period to reach a market size of US$736.678 billion in 2030, up from US$608.363 billion in 2025.
Laboratory services are tests and services provided by a medical or testing lab that helps and aids in treating and diagnosing patients. There are many types of laboratory services, such as HIV tests, blood counts, liver function tests, and others, that are being provided. These tests help doctors, physicians, and other healthcare professionals to analyze the data and prepare appropriate evidence related to therapeutic and diagnostic decisions for the patients. Many countries have been investing a substantial sum of capital into healthcare, focusing on the development of clinical laboratory services. These services are beneficial, affordable, and give factual information.
Global laboratory services market drivers:

The surge in the geriatric population will drive the market growth
According to the World Health Organization, people above 60 years would witness a growth of 12% to 22% between 2015 to 2050. Countries are facing significant challenges in ensuring that their social and health systems are ready to overcome this major demographic shift.
By 2050, many countries, such as China, Chile, Russia, and Iran, will share the same geriatric population percentage as Japan. Many health problems are associated with the aging older population, such as hearing loss, back and neck pain, depression, and others. Older people suffer from geriatric syndromes, and it is imperative to develop affordable, advanced, and convenient laboratory services. Automated and technological advancements will ease the burden and provide better capability and efficiency.

Global laboratory services market geographical outlook:
By geography, the laboratory services market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region, such as ASEAN countries.

The Asia Pacific region is expected to see notable growth. The Indian Healthcare industry displayed significant growth in 2023 and reached a value of US$372 billion, driven by both the private sector and the government. In May 2023, Temasek invested US$2 billion in Manipal Health Enterprises, a leading healthcare provider in India. Indian medical tourism market was valued at US$7.69 billion in 2024.

Reasons for buying this report:

Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.

Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.

Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.

Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.

Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

Historical data & forecasts from 2022 to 2030

Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis

Competitive Positioning, Strategies, and Market Share Analysis

Revenue Growth and Forecast Assessment of segments and regions including countries

Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The Global Laboratory Services market is segmented and analyzed as below:

By Test Category

Routine testing
Anatomic pathology
Molecular & genetic
Drug testing
Pap & HPV testing

By End-User

Mobile/ Home-based sample collection
Laboratories visiting centers

By Geography

North America
USA
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
United Kingdom
Germany
France
Italy
Spain
Rest of Europe
Middle East and Africa
Saudi Arabia
UAE
Rest of the Middle East and Africa
Asia Pacific
China
India
Japan
South Korea
Taiwan
Thailand
Indonesia
Rest of Asia-Pacific