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Nigeria clinical laboratory services Market to Reach $889.2 million by 2032
Published : November 2022

According to a market report, published by Sheer Analytics and Insights, The Nigeria clinical laboratory services market was valued at $550.2 million in 2021 and it is expected to reach $889.2 million at a CAGR of 4.2% between 2022 and 2032. Malaria, lower respiratory infections, HIV/AIDS, diarrheal illnesses, cancer, meningitis, stroke, and tuberculosis are Nigeria's leading causes of mortality. Around 58,143,458 instances of malaria were reported; in addition, Nigeria had 288,258 cases of tuberculosis and about 244,501,556 cases of diarrheal illnesses, according to the World Health Organization Report 2021. As a result, the incidence of infectious diseases is increasing across the nation, increasing the need for diagnostic services for improved disease management. Moreover, the Nigerian government, donor organizations, and NGOs are working together to spread awareness among people. The diagnostic hubs are equipped with cutting-edge technology that will give medical professionals and patients access to top-tier, economical, quick, dependable, and sophisticated molecular tests. The market's expansion is hampered by a dearth of medical laboratories, sophisticated diagnostic tools, and workers with inadequate training.

Additionally, laboratory testing technology breakthroughs through incremental and ground-breaking developments are anticipated to function as a high-impact key driver for this market. The data management procedure in labs has been greatly enhanced by automation in clinical settings. Increasing laboratory automation system use is anticipated to fuel the market throughout the forecast period. Additionally, the healthcare sector has given careful thought to integrated workflow management systems, patient test records, and database management tools. 

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Nigeria experienced the second-largest HIV epidemic in the world and one of sub-Saharan Africa's highest rates of new infections. Similar trends can be seen in the prevalence of infectious diseases in Nigeria, including Neisseria meningitides serogroup C, Lassa fever, yellow fever, monkeypox, and cholera. In Nigeria, the market for microbiological testing is therefore anticipated to develop during the forecast period. These primary factors are expected to drive market growth during the forecast period. Furthermore, the market concentration of the Nigerian clinical laboratory services market is high, and some major players are currently dominating the market. These major players include Mecure Healthcare Limited, Union Diagnostic and Clinical Services PLC, Echo-Scan Services Limited, and Synlab Bondco PLC. However, some mid-sized companies are focusing on market penetration, and they are expected to hold a substantial share in the market during the forecast period. Hence, these major factors would create more growth opportunities for the clinical laboratory market across the country in the future. 

On the other hand, the market's expansion is being constrained by a dearth of medical laboratories, sophisticated diagnostic tools, and poorly qualified laboratory workers. One of the developing nations with a double burden of disease is Nigeria, where non-communicable diseases are becoming more common while communicable diseases continue to have a high prevalence. Infectious disease fatalities, maternal and perinatal disorders, and nutritional deficits are expected to rise by a combined 6%, according to WHO research.

Some new developments in the Nigeria clinical laboratory services market:

  • On 8th April, 2022, a new medical diagnostics laboratory has opened in Delta State thanks to a Nigerian independent. The project is the outcome of a fruitful and well-planned collaboration between ND Western, the Nigerian think tank Bloom Public Health, and the laboratory equipment supplier Katchey Laboratories.
  • On 3rd February, 2022, SYNLAB opened a state-of-the-art diagnostic facility in DELSUTH. A cutting-edge diagnostic medical laboratory has just been opened at the Delta State University Teaching Hospital (DELSUTH), Oghara, by SYNLAB, one of Nigeria's top providers of medical laboratory diagnostic (pathology) services. This is part of the company's effort to assist the state government in offering high-quality healthcare services to the populace.  
  • On 13th May, 2022, Nigeria launched a document outlining policy to promote diagnostic testing. In Abuja, the policy document was released. The World Health Organization (WHO) and Global Fund helped develop this. The first nation in Africa to create an Essential Diagnostics List (EDL) is Nigeria.

According to the study, key players dominating the global Nigeria clinical laboratory services market are AfriGlobal Medicare (Nigeria), EcoLab (U.S), LifeBridge Medical Diagnostics Center (Nigeria), Lancet laboratory (South Africa), Me Cure Healthcare (Nigeria), Synlab Group (Germany), Union Diagnostics and Clinical Services (Nigeria), among others.

The Nigeria clinical laboratory services Market Has Been Segmented Into:

The Nigeria clinical laboratory services Market – by Test Types:

  • Clinical Chemistry
  • Human and Tumor Genetics
  • Medical Microbiology
  • Cytology
  • Others

The Nigeria clinical laboratory services Market – by Provider Type:

  • Hospital-Based Laboratories
  • Clinic-Based laboratories
  • Stand-Alone Laboratories
  • Others

The Nigeria clinical laboratory services Market – by Regions:

  • Abuja
  • Lapai
  • Agaie
  • Kontagora
  • Gwari
  • Other Provinces

Browse the full report at https://www.sheeranalyticsandinsights.com/market-report-research/nigeria-clinical-laboratory-services-market-21

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