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Europe Diagnostic Labs Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - By Lab Type, Testing Services and Revenue Source

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    Report

  • 171 Pages
  • September 2022
  • Region: Europe
  • The Insight Partners
  • ID: 5668451
UP TO OFF until Mar 31st 2024
The Europe diagnostic labs market is expected to grow from US$ 88.31 billion in 2022 to US$ 139.27 billion by 2028. It is estimated to grow at a CAGR of 7.9% from 2022 to 2028.

Point-of-care testing (POCT) has become critical to patient-centric healthcare due to the rapid diagnostic results required for accurate and faster treatment decisions. A shift from centralized point-of-care testing to decentralized testing for chronic and infectious patients has resulted in convenient patient access to these diagnostics. The current trend in Point-of-Care Diagnostics (POCD) is strongly tipping toward mobile healthcare (mH) smart devices, which could revolutionize personalized healthcare monitoring and management, paving the way for next-generation POCT. POCT can significantly improve infectious disease management, particularly in developing countries where access to timely medical care is challenging, and healthcare infrastructure is outdated and sparse.

In addition, technological developments in diagnostic kits have resulted in fewer manual errors, thus, becoming a prominent driver of the diagnostic labs market. The demand for high-quality point-of-care diagnostic kits is increasing rapidly with the rising prevalence of acute and chronic diseases. The extent of cirrhosis due to HBV varies across the region. Regionally, HBV is associated with one-third of deaths from HCC. Considering the above statistics, the demand for diagnostic products among patients is anticipated to increase in the coming years. The high prevalence of HIV is expected to boost the demand for point-of-care diagnostics and further accelerate the growth of the diagnostic labs market during the forecast period.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe diagnostic labs market growth at a notable CAGR during the forecast period.

Europe Diagnostic Labs Market Segmentation

The Europe diagnostic labs market is segmented on the basis of lab type, testing services, revenue source, and country.
  • Based on lab type, the market is segmented into single/independent laboratories, hospital-based labs, physician office labs, and others.
  • Based on testing services, the market is divided into physiological function testing, covid-19 testing, general and clinical testing, esoteric testing, specialized testing, non-invasive prenatal testing, and others. By physiological testing services, the market is segmented into ECG, Echo, X-ray, endoscopy, CT, MRI, and others.
  • Based on revenue source, the market is divided into healthcare plan operators and insurers, out-of-pocket, and public systems.
  • Based on country, the regional market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe.

Europe Diagnostic Labs Market - Companies Mentioned

Quest Diagnostics Incorporated; Eurofins Scientific; Laboratory Corporation of America Holdings; Exact Sciences Laboratories LLC; SYNLAB International GmbH; Dasa Labs; Bio Reference; and Healius Limited are a few major companies operating in the Europe diagnostic labs market.
Frequently Asked Questions about the European Diagnostic Labs Market

What is the estimated value of the European Diagnostic Labs Market?

The European Diagnostic Labs Market was estimated to be valued at $88.31 Million in 2022.

What is the growth rate of the European Diagnostic Labs Market?

The growth rate of the European Diagnostic Labs Market is 7.9%, with an estimated value of $139.27 Million by 2028.

What is the forecasted size of the European Diagnostic Labs Market?

The European Diagnostic Labs Market is estimated to be worth $139.27 Million by 2028.

Who are the key companies in the European Diagnostic Labs Market?

Key companies in the European Diagnostic Labs Market include Quest Diagnostics Incorporated, Eurofins Scientific, Laboratory Corporation of America Holdings, Exact Sciences Laboratories LLC, SYNLAB International GmbH, Dasa Labs, Bio Reference and Healius Limited.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Diagnostic Labs Market - By Lab Type
1.3.2 Europe Diagnostic Labs Market - By Testing Services
1.3.3 Europe Diagnostic Labs Market - By Revenue Source
1.3.4 Europe Diagnostic Labs Market - By Country
2. Europe Diagnostic Labs Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Diagnostic Labs Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe - PEST Analysis
4.3 Expert Opinion
5. Europe Diagnostic Labs Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Chronic Diseases
5.1.2 Increasing Use of Point-of-Care Diagnostics
5.2 Market Restraints
5.2.1 Shortage of Skilled Professionals
5.3 Market Opportunities
5.3.1 Increasing Adoption of Automated Platforms
5.4 Future Trends
5.4.1 Growing Developments in Diagnostics Laboratories
6. Europe Diagnostic Labs Market-Market Analysis
6.1 Europe Diagnostic Labs Market Revenue Forecast and Analysis
6.1.1 Europe: Europe Diagnostic Labs Market, forecast analysis, 2019-2028 (US$ Billion)
7. Europe Diagnostic Labs Market Revenue and Forecast to 2028 - by Lab Type
7.1 Overview
7.2 Europe Diagnostic Labs Market, by Lab Type 2022 & 2028 (%)
7.2.1 Europe: Europe Diagnostic Labs Market, by Lab Type, 2019-2028 (US$ Billion)
7.3 Hospital-based Labs
7.3.1 Overview
7.3.2 Hospital-based Labs: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
7.4 Single/Independent Laboratories
7.4.1 Overview
7.4.2 Single/Independent Laboratories: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
7.5 Physician Office Labs (POL)
7.5.1 Overview
7.5.2 Physician Office Labs: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
7.6 Others
7.6.1 Overview
7.6.2 Others: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8. Europe Diagnostic Labs Market Revenue and Forecast to 2028 - by Testing Services
8.1 Overview
8.2 Europe Diagnostic Labs Market Revenue Share, by Testing Services (2022 and 2028)
8.2.1 Europe: Europe Diagnostic Labs Market, by Testing Services, 2019-2028 (US$ Billion)
8.2.2 Europe: Europe Diagnostic Labs Market, by Physiological Function Testing, 2019-2028 (US$ Billion)
8.3 Physiological Function Testing
8.3.1 Overview
8.3.2 Physiological Function Testing: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8.3.3 Endoscopy Market
8.3.3.1 Overview
8.3.3.2 Endoscopy Market: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8.3.4 X-Ray Market
8.3.4.1 Overview
8.3.4.2 X-Ray Market: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8.3.5 CT Market
8.3.5.1 Overview
8.3.5.2 CT Market: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8.3.6 ECG Market
8.3.6.1 Overview
8.3.6.2 ECG Market: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8.3.7 MRI Market
8.3.7.1 Overview
8.3.7.2 MRI Market: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8.3.8 Echo Market
8.3.8.1 Overview
8.3.8.2 Echo Market: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8.3.9 Others
8.3.9.1 Overview
8.3.9.2 Others: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8.4 COVID-19 Testing
8.4.1 Overview
8.4.2 COVID-19 Testing: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8.5 General and Clinical Testing
8.5.1 Overview
8.5.2 General and Clinical Testing: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8.6 Esoteric Testing
8.6.1 Overview
8.6.2 Esoteric Testing: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8.7 Specialized Testing
8.7.1 Overview
8.7.2 Specialized Testing: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8.8 Non-invasive Prenatal Testing
8.8.1 Overview
8.8.2 Non-Invasive Prenatal Testing: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
8.9 Others
8.9.1 Overview
8.9.2 Others: Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
9. Europe Diagnostic Labs Market Revenue and Forecast to 2028 - by Revenue Source
9.1 Overview
9.2 Europe Diagnostic Labs Market Revenue Share, by Revenue Source (2022 and 2028)
9.2.1 Europe: Europe Diagnostic Labs Market, by Revenue Source, 2019-2028 (US$ Billion)
9.3 Healthcare Plan Operators and Insurers
9.3.1 Overview
9.3.2 Healthcare Plan Operators and Insurers: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
9.4 Out-of-Pocket
9.4.1 Overview
9.4.2 Out-of-Pocket: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
9.5 Public System
9.5.1 Overview
9.5.2 Public System: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
10. Europe Diagnostic Labs Market Revenue and Forecast to 2028- by Country
10.1 Europe Diagnostic Labs Market, Revenue and Forecast to 2028
10.1.1 Overview
10.1.3 Europe: Europe Diagnostic Labs Market, by Country, 2022 & 2028 (%)
10.1.3.1 Germany: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.3.1.1 Overview
10.1.3.1.2 Germany: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.3.1.3 Germany: Europe Diagnostic Labs Market, by Lab Type, 2019-2028 (US$ Billion)
10.1.3.1.4 Germany: Europe Diagnostic Labs Market, by Testing Services, 2019-2028 (US$ Billion)
10.1.3.1.5 Germany: Europe Diagnostic Labs Market, by Physiological Function Testing, 2019-2028 (US$ Billion)
10.1.3.1.6 Germany: Europe Diagnostic Labs Market, by Revenue Source, 2019-2028 (US$ Billion)
10.1.3.2 France: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.3.2.1 Overview
10.1.3.2.2 France: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.3.2.3 France: Europe Diagnostic Labs Market, by Lab Type, 2019-2028 (US$ Billion)
10.1.3.2.4 France: Europe Diagnostic Labs Market, by Testing Services, 2019-2028 (US$ Billion)
10.1.3.2.5 France: Europe Diagnostic Labs Market, by Physiological Function Testing, 2019-2028 (US$ Billion)
10.1.3.2.6 France: Europe Diagnostic Labs Market, by Revenue Source, 2019-2028 (US$ Billion)
10.1.3.3 UK: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.3.3.1 Overview
10.1.3.3.2 UK: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.3.3.3 UK: Europe Diagnostic Labs Market, by Lab Type, 2019-2028 (US$ Billion)
10.1.3.3.4 UK: Europe Diagnostic Labs Market, by Testing Services, 2019-2028 (US$ Billion)
10.1.3.3.5 UK: Europe Diagnostic Labs Market, by Physiological Function Testing, 2019-2028 (US$ Billion)
10.1.3.3.6 UK: Europe Diagnostic Labs Market, by Revenue Source, 2019-2028 (US$ Billion)
10.1.3.4 Italy: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.3.4.1 Overview
10.1.3.4.2 Italy: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.3.4.3 Italy: Europe Diagnostic Labs Market, by Lab Type, 2019-2028 (US$ Billion)
10.1.3.4.4 Italy: Europe Diagnostic Labs Market, by Testing Services, 2019-2028 (US$ Billion)
10.1.3.4.5 Italy: Europe Diagnostic Labs Market, by Physiological Function Testing, 2019-2028 (US$ Billion)
10.1.3.4.6 Italy: Europe Diagnostic Labs Market, by Revenue Source, 2019-2028 (US$ Billion)
10.1.3.5 Spain: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.3.5.1 Overview
10.1.3.5.2 Spain: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.3.5.3 Spain: Europe Diagnostic Labs Market, by Lab Type, 2019-2028 (US$ Billion)
10.1.3.5.4 Spain: Europe Diagnostic Labs Market, by Testing Services, 2019-2028 (US$ Billion)
10.1.3.5.5 Spain: Europe Diagnostic Labs Market, by Physiological Function Testing, 2019-2028 (US$ Billion)
10.1.3.5.6 Spain: Europe Diagnostic Labs Market, by Revenue Source, 2019-2028 (US$ Billion)
10.1.3.6 Rest of Europe: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.3.6.1 Overview
10.1.3.6.2 Rest of Europe: Europe Diagnostic Labs Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.3.6.3 Rest of Europe: Europe Diagnostic Labs Market, by Lab Type, 2019-2028 (US$ Billion)
10.1.3.6.4 Rest of Europe: Europe Diagnostic Labs Market, by Testing Services, 2019-2028 (US$ Billion)
10.1.3.6.5 Rest of Europe: Europe Diagnostic Labs Market, by Physiological Function Testing, 2019-2028 (US$ Billion)
10.1.3.6.6 Rest of Europe: Europe Diagnostic Labs Market, by Revenue Source, 2019-2028 (US$ Billion)
11. Europe Diagnostic Labs Market-Industry Landscape
11.1 Overview
11.2 Growth Strategies in the Europe Diagnostic Labs Market (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 Quest Diagnostics Incorporated
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Eurofins Scientific
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Laboratory Corporation of America Holdings
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Exact Sciences Laboratories LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 SYNLAB International GmbH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Dasa Labs
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 BioReference
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Sonic Healthcare Limited
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Healius Limited
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Quest Diagnostics Incorporated
  • Eurofins Scientific
  • Laboratory Corporation of America Holdings
  • Exact Sciences Laboratories LLC
  • SYNLAB International GmbH
  • Dasa Labs
  • Bio Reference
  • Healius Limited