Central Lab Market 2022-2031 | Size, Share, Growth, Trends, Revenue, Competitive Landscape, Forecast Report | Acm Global Laboratories Private Limited, Cerba Research, Sonic Healthcare Limited, Celerion Inc, Cirion Biopharma Research Inc, Clinical Referenc

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The global central lab market report by the business research company identifies rise in the number of clinical trials to be a major growth driver for the central lab market. A clinical trial is a type of research study that is aimed at evaluating a new treatment, a new drug, or a medical device's safety and effectiveness. Pharmaceutical and biotechnology companies outsource central labs for testing, development, and production of new products. For instance, according to ClinicalTrials.gov, a registry of clinical trials by the National Library of Medicine and a US-based medical library operated by the US federal government, as of July 2022, 422,646 clinical trials were listed as compared to 399,523 in 2021.

The global central lab market size is expected to grow from $2.28 billion in 2021 to $2.51 billion in 2022 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The central lab market is expected to grow to $3.28 billion in 2026 at a CAGR of 6.9%.

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North America was the largest region in the central lab market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the central lab market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the central lab market are Acm Global Laboratories Private Limited, Cerba Research, Sonic Healthcare Limited, Celerion Inc, Cirion Biopharma Research Inc, Clinical Reference Laboratory Inc, Eurofins Central Laboratory LLC, Frontage Laboratories Inc, Icon Central Labs, Interlab Central Lab Services, InVitro International, Labcorp Drug Development India Private Limited, LabConnect LLC, Medpace Clinical Research India Private Limited, MLM Medical Labs GmbH, Synevo Central Lab, and Q2 Solutions Pty Ltd.

The global central lab market is segmented -
1) By Service Type: Genetic Services, Biomarker Services, Microbiology Services, Anatomic Pathology or Histology, Specimen Management and Storage, Special Chemistry Services, Other Service Types
2) By Test Type: Human and Tumor Genetics, Clinical Chemistry, Medical Microbiology and Cytology, Other Esoteric Tests
3) By End-User: Pharmaceutical Companies, Academic and Research Institutes, Biotechnology Companies

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The Central lab Market Report Contents Include
1. Executive Summary
2. Central Lab Market Characteristics
3. Central Lab Market Trends And Strategies
4. Central Lab Market - Macro Economic Scenario
5. Central Lab Market Size And Growth
....
27. Central Lab Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Central Lab Market
29. Central Lab Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the central lab market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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