Clinical laboratories are an integral part of the healthcare continuum.

The global clinical laboratory market is estimated at US$ 205.56 billion in 2016 and is expected to reach US$ 333.45 billion by 2023, growing at a CAGR of 7.1% from 2016 to 2023.

It is critical to understand the how the Middle East and Africa market fits within this evolving global clinical laboratory market within healthcare for smart investments, and commercial success.

Enjoy complimentary access to the report to gain insights including the Middle East and Africa’s:

  • Healthcare agenda
  • Clinical laboratory capital
  • Growth trajectories
  • Supply, demand and growth       
  • Technological advancements
  • Middle East and Africa market review
  • Global market outlook

Market review

Clinical laboratories are an integral a part of the healthcare continuum. Clinical laboratories perform tests on specimens from the body that are used in the diagnosis and treatment of patients. These can vary from blood tests to genetic analysis. Clinical laboratory services are provided by laboratories located at hospitals and clinics, as well as by independent laboratories.
According to data from “World Population Prospects: the 2017 Revision”, the number of older persons — those aged 60 years or over — is expected to more than double by 2050 and to more than triple by 2100, rising from 962 million globally in 2017 to 2.1 billion in 2050 and 3.1 billion in 2100. Globally, population aged 60 or over is growing faster than all younger age groups.
As the world’s demographics change, healthcare systems around the world will face significant challenges to meet the needs of an aging population. In this context, the clinical laboratory can play an important role by defining proper reference ranges, identifying disease processes early, and aiding in the treatment process.

Africa Market Insights