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Central Lab Market Share

Report ID: GMI10831
Published Date: Aug 2024
Report Format: PDF

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Central Lab Market Share

The central lab industry is characterized by the presence of several established and emerging players that offer a variety of services across the globe. The market players compete based on factors such as service quality, innovation, regulatory compliance, customer service, and pricing strategies.

Central Lab Market Companies

Prominent players operating in the central lab industry include:

A.P. Moller Holding A/S
ACM Global Laboratories
BioAgilytix Labs
Cerba Research
Cirion Biopharma Research Inc.
Covance Inc.
Eurofins Scientific
Frontage Laboratories
ICON Central Laboratories
LabConnect
Laboratory Corporation of America Holding
Lambda Therapeutics Research Ltd
Medpace, Inc.
Parexel International Corporation
Quest Diagnostics
Versiti

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global central lab industry was valued at USD 3.1 billion in 2023 and is anticipated to register 5.1% CAGR between 2024 and 2032 due to growing emphasis on outsourcing of testing services and extensive growth in R&D investments.

The biomarker services segment in the market accounted for USD 934.5 million in 2023, driven by the rise of precision medicine and the pharmaceutical industry's increasing reliance on biomarkers for drug development.

North America central lab market size accounted for USD 1.1 billion in 2023 due to increasing focus on personalized medicine and rising incidence of chronic diseases.

A.P. Moller Holding A/S, ACM Global Laboratories, BioAgilytix Labs, Cerba Research, Cirion Biopharma Research Inc., Covance Inc., Eurofins Scientific, Frontage Laboratories, ICON Central Laboratories, and LabConnect, among others.