Market Size of Nigeria Clinical Laboratory Services Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 612.25 Million |
Market Size (2029) | USD 770.30 Million |
CAGR (2024 - 2029) | 4.70 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Nigeria Clinical Laboratory Services Market Analysis
The Nigeria Clinical Laboratory Services Market size is estimated at USD 612.25 million in 2024, and is expected to reach USD 770.30 million by 2029, growing at a CAGR of 4.70% during the forecast period (2024-2029).
Factors driving the growth of the Nigerian clinical laboratory services market are the rise of chronic diseases, the growing need for accurate disease diagnosis, and the government's focus on public-private partnerships.
The high burden of infectious diseases drives the need for clinical laboratory services and contributes to the market’s growth in Nigeria. For instance, in November 2023, among four countries in the African region, such as the Democratic Republic of Congo, Uganda, and Mozambique, Nigeria represented the highest burden of malaria infection, with a substantial increase of around 5.3 million cases in 2022. In addition, according to the World Health Organization Tuberculosis Report 2023, the incidence rate of tuberculosis was 129 per 100,000 population in Nigeria in 2022. Thus, the prevalence of infectious diseases is rising in the country, augmenting the demand for diagnostic services for the better management of diseases.
Furthermore, the Nigerian government, donor agencies, and non-governmental organizations (NGOs) are working together to make people more aware. For instance, in October 2023, the federal government of Nigeria launched the National Medical Laboratory Service Policy 2023 to boost healthcare services and address the challenges in the healthcare system. The policy also emphasized collaboration with private laboratories to improve patient experiences in the country.
Moreover, establishing new diagnostic facilities in Nigeria boosts the adoption of clinical laboratory services and promotes market growth. For instance, in April 2022, ND Western, a member of Nigeria's Independent Petroleum Producers Group (IPPG), and the state-owned Nigerian Petroleum Development Company officially commissioned the Delta Plus Diagnostics facility in Nigeria. Additionally, in February 2022, SYNLAB, Nigeria's leading medical laboratory diagnostic (pathology) service provider, opened a state-of-the-art diagnostic medical laboratory at the Delta State University Teaching Hospital (DELSUTH), Oghara. This was part of the company's effort to help the state government provide people with good health care. Such initiatives are anticipated to contribute to market growth due to the increase in the utilization of clinical laboratory services.
Therefore, owing to the factors mentioned above, such as the high burden of chronic diseases, including infections, government initiatives and the development of new diagnostic facilities in Nigeria are expected to drive market growth. However, the lack of medical laboratories, advanced diagnostic equipment, and inadequately trained laboratory staff restrain the market's growth.
Nigeria Clinical Laboratory Services Industry Segmentation
As per the scope of the report, a clinical laboratory utilizes samples of fluids or tissues from patients to obtain information about the patient's health to aid in the diagnosis, prevention, and treatment of diseases. The space is organized into anatomic pathology, clinical chemistry, hematology, genetics, microbiology, phlebotomy, and the blood bank.
The Nigerian clinical laboratory services market is segmented by specialty and provider. The market is segmented by specialty into clinical chemistry testing, microbiology testing, hematology testing, immunology testing, cytology testing, genetic testing, and other specialties. Provider segments the market into independent, reference, and hospital-based laboratories. The report offers the market size in value terms in USD for all the abovementioned segments.
By Specialty | |
Clinical Chemistry Testing | |
Microbiology Testing | |
Hematology Testing | |
Immunology Testing | |
Cytology Testing | |
Genetic Testing | |
Other Specialties |
By Provider | |
Independent and Reference Laboratories | |
Hospital-based Laboratories |
Nigeria Clinical Laboratory Services Market Size Summary
The Nigerian clinical laboratory services market is poised for steady growth, driven by the increasing prevalence of chronic and infectious diseases, alongside a heightened demand for accurate diagnostic services. The market experienced a temporary boost during the COVID-19 pandemic due to the surge in demand for diagnostic services, which has since stabilized with the resumption of regular laboratory operations. The government's emphasis on public-private partnerships and the collaboration with donor agencies and NGOs to raise awareness are pivotal in addressing the healthcare challenges posed by diseases such as malaria, tuberculosis, and HIV/AIDS. The introduction of advanced diagnostic hubs, like 7RiverLabs by 54 Gene, is expected to enhance the accessibility and efficiency of molecular diagnostics, further propelling market expansion.
Microbiology and hematology testing are anticipated to be significant growth drivers within the market. The rising awareness and availability of microbiology testing, coupled with the demand for hematology tests due to the high prevalence of blood-related disorders, are key factors contributing to market dynamics. Strategic initiatives by major players, including the launch of new facilities and partnerships, are expected to strengthen market presence and penetration. Despite challenges such as a shortage of advanced diagnostic equipment and trained personnel, the market remains concentrated with dominant players like Mecure Healthcare Limited and Synlab Bondco PLC, while mid-sized companies are also making notable strides in capturing market share.
Nigeria Clinical Laboratory Services Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Burden of Chronic Infectious Diseases and Rising Demand for Accurate Disease Diagnosis
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1.2.2 Public-Private Partnerships
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1.3 Market Restraints
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1.3.1 Lack of Medical Laboratories with Advanced Diagnostic Equipment and Inadequately Trained Laboratory Staff
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD)
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2.1 By Specialty
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2.1.1 Clinical Chemistry Testing
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2.1.2 Microbiology Testing
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2.1.3 Hematology Testing
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2.1.4 Immunology Testing
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2.1.5 Cytology Testing
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2.1.6 Genetic Testing
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2.1.7 Other Specialties
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2.2 By Provider
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2.2.1 Independent and Reference Laboratories
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2.2.2 Hospital-based Laboratories
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Nigeria Clinical Laboratory Services Market Size FAQs
How big is the Nigeria Clinical Laboratory Services Market?
The Nigeria Clinical Laboratory Services Market size is expected to reach USD 612.25 million in 2024 and grow at a CAGR of 4.70% to reach USD 770.30 million by 2029.
What is the current Nigeria Clinical Laboratory Services Market size?
In 2024, the Nigeria Clinical Laboratory Services Market size is expected to reach USD 612.25 million.