Canada Central Lab Market Size & Outlook, 2025-2030
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Canada central lab market highlights
- The Canada central lab market generated a revenue of USD 110.7 million in 2024 and is expected to reach USD 171.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.7% from 2025 to 2030.
- In terms of segment, biomarker services was the largest revenue generating services in 2024.
- Genetic Services is the most lucrative services segment registering the fastest growth during the forecast period.
Central lab market data book summary
| Market revenue in 2024 | USD 110.7 million |
| Market revenue in 2030 | USD 171.4 million |
| Growth rate | 7.7% (CAGR from 2025 to 2030) |
| Largest segment | Biomarker services |
| Fastest growing segment | Genetic Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Genetic Services, Biomarker Services, Microbiology Services, Anatomic Pathology/Histology, Specimen Management & Storage, Special Chemistry Services |
| Key market players worldwide | LabConnect, Eurofins Scientific SE, A. P. Moller Maersk A/S ADR, ACM Global, Cerba Research, Synevo Central Labs, Versiti, Cenetron, Ampersand Capital Partners, Pacific Biomarkers, Cirion |
Other key industry trends
- In terms of revenue, Canada accounted for 3.2% of the global central lab market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. central lab market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 171.4 million by 2030.
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Central Lab Market Scope
Central Lab Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cirion | View profile | 101-250 | Laval, Quebec, Canada, North America | https://www.cirion.com |
| Pacific Biomarkers | View profile | 51-100 | Seattle, Washington, United States, North America | http://www.pacbio.com |
| Ampersand Capital Partners | View profile | 11-50 | Wellesley, Massachusetts, United States, North America | http://www.ampersandcapital.com |
| Cenetron | View profile | 101-250 | Austin, Texas, United States, North America | https://www.cenetron.com/ |
| Versiti | View profile | 1001-5000 | Milwaukee, Wisconsin, United States, North America | https://www.versiti.org/ |
| Synevo Central Labs | View profile | - | Waterloo, Brabant Wallon, Belgium, Europe | http://www.synevo-centrallabs.eu |
| Cerba Research | View profile | 5001-10000 | Ghent, Oost-Vlaanderen, Belgium, Europe | https://www.cerbaresearch.com |
| ACM Global | View profile | 251-500 | Rochester, New York, United States, North America | http://www.acmgloballab.com |
| LabConnect | View profile | 101-250 | Johnson City, Tennessee, United States, North America | https://www.labconnect.com/ |
| A. P. Moller Maersk A/S ADR | View profile | 100000 | Esplanaden 50, Copenhagen, Denmark, 1263 | https://www.maersk.com |
| Eurofins Scientific SE | View profile | 61798 | 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 | https://www.eurofins.com |
Canada central lab market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to central lab market will help companies and investors design strategic landscapes.
Biomarker services was the largest segment with a revenue share of 41.28% in 2024. Horizon Databook has segmented the Canada central lab market based on genetic services, biomarker services, microbiology services, anatomic pathology/histology, specimen management & storage, special chemistry services covering the revenue growth of each sub-segment from 2018 to 2030.
The Canadian central lab market is expected to witness significant growth over the forecast period due to strong funding support from government initiatives, advanced healthcare infrastructure, and high-quality clinical research prospects.
The country accounts for 4% of the global number of clinical trials and ranks fourth in terms of the number of trial sites worldwide. Canada hosts a publicly funded healthcare system and consists of several health charities for clinical trials in cancer, cardiovascular, and other disease areas.
These factors enhance the clinical trial prospects for Canada. Furthermore, clinical trials in the country are supported by the Canadian government, which, through its Strategic Innovation Fund (SIF), provides funding opportunities to drive clinical development.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada central lab market , including forecasts for subscribers. This country databook contains high-level insights into Canada central lab market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada central lab market size, by services, 2018-2030 (US$M)
Canada Central Lab Market Outlook Share, 2024 & 2030 (US$M)
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