The France diagnostic
labs market is anticipated to grow at a robust CAGR in the forecast period,
2023-2027. Factors such as the rise in awareness about the benefits of early
disease detection among patients and the growing prevalence of infectious and non-infectious
diseases are primarily driving the demand for diagnostics labs across the
country. Also, the advent of novel tests and procedures to improve the accuracy
of diagnostic tests and the ongoing expansion of the healthcare sector is
expected to play a major role in boosting the France diagnostic labs market
growth over the next five years.
Expansion of the Healthcare Industry
Drives the Market Growth
France has an excellent healthcare
system, and it offers quality treatment and services to meet all the patient
requirements. In France, all the French healthcare players are grouped together
under the French Healthcare brand, which works to deliver and maintain the
quality of healthcare services. France boasts of having more than 1.2 million
healthcare professionals and is ranked fifth in the world for the quality of
its healthcare infrastructure. The healthcare industry generated a revenue of
€130 billion in 2020 which led to the generation of a large number of job
opportunities. Expenditure on diagnostic laboratory analysis in France had been
increasing at a rapid rate and reached €4.5bn in 2019. Over 70% of expenditure
comes from public payers. With the growing developments and advancements in the
healthcare industry, diagnostic labs are developing at a rapid rate. Market
players work on developing the diagnostic labs and adopting the latest
technologies and equipment to advance the diagnostic testing process and
shorten the time required to get the desired results. The ongoing developments
and the rapidly expanding diagnostics laboratories and healthcare industry is
expected to accelerate the France diagnostic labs market growth over the next
five years.
Rise in Prevalence of Infectious and
Non-infectious Diseases Supports the High Market Demand
Adoption of unhealthy eating habits and
a sedentary lifestyle by the consumer leaves less time for indulging in
physical activities. The growing population has grown more susceptible to
various infectious and non-infectious diseases and requires immediate medical
attention. In diagnostic labs, multiple tests are performed to determine the
root cause of the disease and decide the best course of action to treat the
disease efficiently. Also, the laboratories are sufficiently equipped to handle
the sudden surges in the worst-case scenario like in COVID-19. The sudden
outbreak negatively affected the healthcare system as a large number of
patients immediately required laboratory tests to detect the presence of novel
coronavirus. Consumers spend a considerable amount of money to avail quality
healthcare services. The rise in the occurrence of infectious diseases, which
can be diagnosed by conducting laboratory tests, is expected to fuel the France
diagnostic labs market growth for the forecast period.
Advancements in Diagnostic Tests &
Procedures Boosts the Market Growth
Market players are making high-end
investments in research and development activities to upgrade the existing
infrastructure and find advanced solutions to improve the overall experience in
healthcare facilities. Therefore, novel diagnostic procedures have higher
disease detection accuracy and are highly preferred among health professionals
and patients. The advent of techniques such as minimally invasive techniques,
self-care tests, and digital pathology solutions are expected to create
lucrative growth opportunities for the France diagnostic labs market players in
the forecast period.
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Market Segmentation
The France diagnostic labs market is divided
into provider type, test type, end user, regional
distribution, and competitive landscape. Based
on provider type, the market is divided into hospital, stand-alone centre and diagnostic
chains. Based on test type, the market is divided into radiology v/s pathology.
Based on end user, the market is divided into corporate clients, walk-ins, and referrals.
To analyze the
market based on the region, the France diagnostic labs market is studied in
major regions namely northern France; western France; southern France; eastern
France; southern western France; central France.
Market Players
Unilabs, Cerba HealthCare, PathStore, Veda
Lab, Synlab Group are the major market players operating in the France diagnostic
labs market.
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Attribute
|
Details
|
|
Base Year
|
2021
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Historic Data
|
2017 –
2020
|
|
Estimated Year
|
2022
|
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Forecast Period
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2023
– 2027
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|
Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue
forecast, company share, competitive landscape, growth factors, and trends
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Segments covered | - Provider Type
- Test Type
- End User
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Regional scope
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Northern
France; Western France; Southern France; Eastern France; Southern Western
France; Central France
|
|
Key companies profiled
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Unilabs, Cerba HealthCare, PathStore, Veda Lab, Synlab Group
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|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to regional
& segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF and
Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request)
|
Report Scope:
In this report, France diagnostic labs
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- France Diagnostic Labs Market, By Provider
Type:
- Hospital
- Stand-Alone Centre
- Diagnostic Chains
- France Diagnostic Labs Market, By Test Type:
- France Diagnostic Labs Market, By End User:
- Corporate Clients
- Walk-ins
- Referrals
- France Diagnostic
Labs Market, By Region:
o Northern France
o Western France
o Southern France
o Eastern France
o Southern Western France
o Central France
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in France diagnostic labs market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
France diagnostic labs market is an
upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]