Increasing Incidence of Diseases to Drive Growth of the Clinical Diagnostics Market

Published: Aug 2023

The global Clinical Diagnostics market is anticipated to grow at a CAGR of 6.3% during the forecast period (2023–2030). The market’s growth can be attributed to the rising prevalence of chronic and infectious diseases, along with to the growing adoption of automated platforms. In 2021, according to the World Health Organization (WHO), approximately 400,000 children and adolescents aged 0 to 19 were diagnosed with cancer. Among them, leukemia, brain tumors, lymphomas, and solid tumors like neuroblastomas and Wilms tumors were the most common. Additionally, the International Agency for Research on Cancer (IARC) noted in December 2020 that the global cancer burden had risen significantly, with 19.3 million cases reported.

Browse the full report description of “Clinical Diagnostics Market Size, Share & Trends Analysis Report by Test (Lipid Panel, Liver Panel, Renal Panel, Complete Blood Count, Electrolyte Testing, Infectious Disease Testing, and Others), by Product (Instruments, Reagents, and Others), and by End-User (Hospital Laboratory, Diagnostic Laboratory, and Point-of-Care Testing), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/clinical-diagnostics-market

The high demand for effective clinical diagnostics has fueled market. Furthermore, the increasing prevalence of infectious diseases is anticipated to contribute to the expansion of the clinical diagnostics market. For instance, in July 2023, the WHO states that a considerable number of sexually transmitted infections are contracted globally daily, with majority cases showing no symptoms. Every year, around 374 million new cases of treatable infections such as chlamydia, gonorrhea, syphilis, and trichomoniasis, are reported. The rising prevalence of chronic conditions has created a demand for healthcare systems, and clinical diagnostics play a pivotal role in disease prevention, detection, and management. This factor is expected to drive the growth of the market.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Test

o By Product

o By End-User

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes Abbott, Cepheid, Charles River Laboratories International, Inc., Exact Sciences Corp., Flagship Biosciences, Inc., and others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Clinical Diagnostics Market Report Segment

By Test

  • Lipid Panel
  • Liver Panel
  • Renal Panel
  • Complete Blood Count
  • Electrolyte Testing
  • Infectious Disease Testing
  • Others (Genetic Testing, Electrocardiography, and  Cardiac Stress Test)

By Product

  • Instruments
  • Reagents
  • Others (Assays, and Kits)

By End-User

  • Hospital Laboratory
  • Diagnostic Laboratory
  • Point-of-Care Testing

Global Clinical Diagnostics Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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