Philippines Clinical Laboratory Market Outlook to 2027F
Driven by increasing awareness, widening customer base, digitalization and increasing corporate requirements for clinical testing

About the Report

About the Report

The report provides a comprehensive analysis of the potential of Clinical Laboratory market in Philippines. The report covers an overview and genesis of the industry, market size in terms of revenue.

Its market segmentations include by ownership, by structure-revenue, by payor-independent labs, by number of tests-independent labs, by type of reference, by institutional character, by level of services and by region; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Market Overview:

According to Ken Research estimates, the Philippines Clinical Laboratory Market – which grew from approximately ~800 USD Mn in 2017 to approximately ~1000 USD Mn in 2022 – is forecasted to grow further into ~1500 USD Mn opportunity by 2027F, owing to the New Government Policies, Rising Health Consciousness, Newer Delivery Models and New Players in the Market.

  • Market is highly fragmented with over 4000+ medical labs across Philippines.
  • Philippines Government is increasing its Health Budget every year with $ 3.71 Billion PHP in 2021.
  • There are 3185 (87.8%) private independent labs and 441 (12.2%) government independent labs in Philippines.

Key Trends by Market Segment:

By Structure: Majority of the organized labs are located in Manila and Calabarzon. This has been facilitated by increase in expenditure on health services as people have become more health conscious. Further, due to growing prevalence of lifestyle diseases such as diabetes, hypertension and others, the number of walk-in customers in these areas has increased.

By Institutional Character: About 85% laboratories in Philippines are Institutional as regulations in Philippines are tight and government regulates everything from floor area to employees of laboratories.

By type of tests: Revenue generated from esoteric tests is much less as it involves analysis of rare substances or molecules that are not performed in a routine clinical lab. Esoteric testing generally requires sophisticated instruments and materials as well as specialized personnel to perform and analyse results.

Future Outlook

The industry in expected to grow at a Compounded Annual growth rate of 8.99% from 2022 to 2027F.

The growth is expected to drive by increasing digital presence, expansion of laboratories to all the regions of Philippines, increasing healthcare budget by the government, more awareness among the people and rising standard of living among others.

Scope Of The Report

Scope of the Report

By Ownership

  • Private
  • Public

By Structure-Revenue

  • Organized Labs
  • Unorganized Labs

By Payor- Independent Labs

  •  Out of Pocket
  • Private Health Insurance
  • Government

By type of reference 

  • Doctor Referrals
  • Walk-Ins
  • Corporate Clients
  • External Referrals
  • Online Referrals

By Number of Tests- Independent Labs

  • Routine
  • Esoteric
  • Non-Laboratory

By Institutional Character

  • Institutional
  • Non-Institutional

By Level of services

  • Primary
  • Secondary
  • Tertiary
  • Limited

Number of Labs- By Region

  • Region 1 (ILOCOS)
  • Region 2 (CAGAYAN VALLEY)
  • Region 3 (CENTRAL LUZON)
  • Region 4A (CALABARZON)
  • others
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Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Clinic Service Providers
  • Clinic Equipment Distributors
  • Clinic Equipment Manufacturers
  • Clinics
  • Hospitals
  • Healthcare Companies
  • Pharmaceutical Companies
  • Tourism Agencies
  • Government Bodies & Regulating Authorities
  • Market Research and Consulting Firms

Time Period Captured in the Report

  • Historical Period: 2017-2022P
  • Base Period: 2022P
  • Forecast Period: 2022P-2027F


Major Players Mentioned in the Report

  • Hi- Precision
  • The Medical City
  • Medicus Diagnostics
  • Singapore Diagnostics
  • New World Diagnostics
  • Medi card
  • Aventus Medical Care

Table of Contents

Table of Contents

1. Executive Summary

1.1 Executive Summary: Philippines Clinical Laboratory Market

2. Country Overview

2.1 Philippines at Glance
2.2 Philippines Population Analysis

3. Market Overview

3.1 Pre-covid Health statistics of Philippines
3.2 Infectious Diseases in Philippines
3.3 Government Initiatives in Healthcare
3.4 Covid Impact
3.5 Covid-19 Response
3.6 Cross Comparison of ASEAN Countries
3.7 WHO International Health Regulation capacity score: Laboratory
3.8 Hospitals in Philippines
3.9 Categorization of Non-Hospital based Laboratories and number of units in Philippines
3.10 Evolution of Clinical Laboratory Industry
3.11 Ecosystem of Philippines Clinical Laboratory Market
3.12 Value Chain of Clinical Laboratory Industry
3.13 One stop shop Licensing system
3.14 Licensing Standards for Clinical Laboratory in Philippines
3.15 Timeline of Indonesia Clinical Laboratory Market

4. Market Size

4.1 Market size of Philippines Clinical Laboratory Industry, 2017 – 2022

5. Market Segmentation

5.1 Segmentation on the basis of Ownership, 2022P
5.2 Segmentation on the basis of Structure, 2022P
5.3 Segmentation on the basis of Payer, 2022P
5.4 Segmentation on the basis of Institutional Character and type of tests, 2022P
5.5 Segmentation on the basis of type of reference, 2022P
5.6 Segmentation on the basis of region, 2022P
5.7 Segmentation on the basis of Service Capability, 2022P

6. Industry Analysis

6.1 Trends and Developments in Philippines Clinical Laboratory Market
6.2 Growth Drivers in Philippines Clinical Laboratory Market
6.3 Issues and Challenges in Laboratory Industry
6.4 Government Regulations in Laboratory Industry
6.5 Decision making Parameters of Customers
6.6 SWOT Analysis
6.7 Next Generation Laboratory Technology Trends

7. Competitive Landscape

7.1 Competition Scenario of Philippines Clinical Laboratory Market
7.2 Market share of Major players
7.3 Company Profile/Competitive Landscape of Major Organized Diagnostics Labs in Philippines
7.4 Pricing Analysis

8. Future Outlook and Projections, 2022-2027E

8.1 Future Market size of Philippines Clinical Laboratory Market
8.2 Segmentation on the basis of Ownership, 2027F
8.3 Segmentation on the basis of Structure, 2027F
8.4 Segmentation on the basis of Payer, 2027F
8.5 Segmentation on the basis of Institutional Character, 2027F
8.6 Segmentation on the basis of type of tests, 2027F
8.7 Segmentation on the basis of type of reference, 2022F
8.8 Segmentation on the basis of region, 2022F
8.9 Segmentation on the basis of Service Capability, 2027F

9. Analyst Recommendations

9.1 Analyst Recommendations for Clinical Labs in Philippines

10. Definitions and Research Methodology

11. Disclaimer and Contact Us

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Research Methodology

Research Methodology

Step 1: Identifying Key Variables: Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around market to collate industry level information.

Market Building: Exhaustive secondary research done on the Clinical Laboratories industry. Gathered information on the Clinical Laboratories industry from several industry articles, company websites, blogs, industry reports.
Validating and Finalizing: Building market hypothesis and conducting CATIs with industry exerts belonging to different companies to validate statistics and seek operational and financial information from company representatives.

Research output: Our team will approach MBO providing channels and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from MBO players. For any queries related to research methodology, click here to schedule a call with our analysts

Frequently Asked Questions

Frequently Asked Questions

What is the Study Period of this Market Report?

The Philippines Clinical Laboratories Market is covered from 2017–2027 in this report, including a forecast for 2022-2027.

What is the Future Growth Rate of the Philippines Clinical Laboratories Market?

The Philippines Clinical Laboratories Market is expected to witness a CAGR of 8.99%.  

What are the Key Factors Driving the Philippines Clinical Laboratories Market?

Health Budget and International Support, Universal Healthcare Coverage, Growing economy and Ease of Doing Business and Technological Advancements.

Which is the Largest Structure Type Segment within the Philippines Clinical Laboratories Market?

The Organized type segment held the largest share of the Philippines Clinical Laboratories Market in 2022.  

Who are the Key Players in the Philippines Clinical Laboratories Market?

Hi-Precision and The Medical City.

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