Navigation Links
Clinical Diagnostic Lab Testing Market to Grow Over 90% through 2017

Washington G-2 Reports releases 2009 Laboratory market projections.

NEWARK, N.J., April 14 /PRNewswire/ -- A new study from market research firm Washington G-2 Reports indicates that the clinical diagnostic lab testing market will reach $98.4 billion in revenue by 2017. An increase in genetic testing, esoteric testing, consumer driven healthcare, aging demographics and expanded access to healthcare are among the key factors contributing to strong market growth.

Washington G-2 Reports' Lab Industry Strategic Outlook: Market Trends & Analysis 2009 also shows other key factors contributing to the rapid evolution of the clinical diagnostic lab testing industry -- for instance, the M&A wave that hit the industry over the past two years --settling in 2009. That's not to say that M&A will become obsolete. Together, Quest, LabCorp and Sonic Healthcare snapped up 21 acquisitions in 24 months. The three companies remain preoccupied with dominating specific geographic markets and Washington G-2 Reports expects they will monopolize the industry for some time to come.

In addition to providing critical insight into the U.S. clinical laboratory testing market through 2017 and critical data on M&A, Washington G-2 Reports' Lab Industry Strategic Outlook provides expert perspective on, how contemporary trends will shape the structure the growth of the laboratory industry. This includes comprehensive analysis of four key providers (hospital, independent laboratory, physician offices, and 'other' services) four primary markets (Medicare, Medicaid, esoteric testing, anatomic pathology and cytology, and workplace drug testing) and penetration into new markets.

Lab Industry Strategic Outlook: Market Trends & Analysis 2009 is rich with laboratory rankings, including the: Top 75 Hospital Labs; Top 100 Independent Laboratory Corporations, Top 100 Physician Office Laboratories, Top Esoteric Testing Laboratories, Top Four Esoteric Laboratory Testing Providers, and more. In addition, the research provides profiles of 10 publicly traded U.S. laboratory and pathology companies: Bio-Reference Laboratories, Enzo Biochem, Genzyme Genetics, Laboratory Corporation of America, Medtox Scientific, Myriad Genetics, Psychemedics Corporation, Quest Diagnostics, Monogram Biosciences (Formerly ViroLogic, Inc.) and NeoGenomics. Each profile subsumes critical contact info (address, telephone, email, fax, names of leading employees (e.g., CEO, VPs, Directors)), a company overview, and financial information (e.g., revenue, pre-tax and net income, shareholder's equity, earnings per share, long-term debt, cash/equivalents, bad-debt %).

Lab Industry Strategic Outlook is an exclusive 294 page report supported by 160 tables and charts. For more details, call 973-718-4737, email or visit

About Washington G-2 Reports

An independent news and information service, specializing in diagnostic testing and related medical services, Washington G-2 Reports is the leading market research and publishing firm serving the clinical diagnostic laboratory market in the U.S. Washington G-2 Reports offers timely, accurate reporting and analysis to subscribers in all 50 states, Puerto Rico, Canada, Europe and Asia; and is trusted by leading organizations such as the Centers for Disease Control and Prevention (CDC), which used Lab Industry Strategic Outlook (2007 edition) in their report, Laboratory Medicine: A National Status Report. In addition to publishing a variety of newsletters, reference guides and research, Washington G-2 Reports sponsors the Lab Institute and other related programs. Washington G-2 Reports is a division of the Institute of Management and Administration (IOMA, Newark, N.J.), a subsidiary of the Bureau of National affairs (Washington, D.C.).

SOURCE Washington G-2 Reports
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. SNM clinical trials network expands phantom program for evaluating imaging centers
2. The American Federation for Medical Research Unites Top Leaders to Mitigate U.S. Crisis in Clinical Research
3. PlumSmart Plum Juice Clinically Proven to Help Regulate Digestion, Naturally
4. Dialysis Corporation of America Announces Establishment of Clinical Grant Agreement with the University of Cincinnati, College of Medicine
5. Cordex Pharma to Collaborate with BG Medicine in a Clinical Study of Heart Failure Biomarkers
6. Avineuro Pharmaceuticals, Inc. Announces Beginning of Phase I Clinical Studies of AVN-101, Potent Small Molecule for Treatment of Alzheimers Disease.
7. M2S Announces Agreement with AG Mednet to Provide Clinical Trial Sponsors with More Options for Efficient Image Transfer and Collection
8. Black Hills Orthopedics & Spine Center Selects Sage Intergy EHR to Improve Clinical, Operational and Financial Efficiencies
9. New head-to-head clinical studies reveal Reach Ultraclean toothbrush and floss deliver superior plaque removal compared to leading competitive products
10. Community Hospitals Remain Competitive with Latest Enhancement to Siemens MedSeries4 Clinical Suite
11. Siemens Announces Latest Contracts, Recent Go Lives, and Strong Customer Support for its Workflow-Enhancing Healthcare IT Solution Soarian Clinicals, at HIMSS 2009
Post Your Comments:
(Date:10/13/2017)... ... ... As health professionals work to improve their approach to healthcare, there is a ... filling out a survey; in many cases health professionals and patients are working together ... research on the importance of active engagement with patients and members of the public ...
(Date:10/13/2017)... Las Vegas, Nevada (PRWEB) , ... October 13, 2017 , ... ... of 7® Hemp CBD Oil utilizing Purzorb™ technology. Applying the Purzorb™process to full spectrum ... CBD dose required and providing a CBD form that can be easily incorporated into ...
(Date:10/13/2017)... ... October 13, 2017 , ... Many families have long-term insurance ... care insurance companies have a waiver for care if the client has a cognitive ... the family pays for care, is often waived, so the benefits from their insurance ...
(Date:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... Yisrayl Hawkins, ... week that explains one of the most popular and least understood books in the ... cryptic and puzzling descriptions that have baffled scholars for centuries. Many have tossed it ...
(Date:10/13/2017)... ... October 13, 2017 , ... “America On The Brink”: ... “America On The Brink” is the creation of published author, William Nowers. ... As a WWII veteran, he spent thirty years in the Navy. Following ...
Breaking Medicine News(10 mins):
(Date:10/2/2017)... , Oct. 2, 2017 Diplomat Pharmacy, Inc. ... Day Software and Consulting, LLC , and named its ... Software, based in Tennessee , will ... Day expands EnvoyHealth,s service offerings for health care partners ... "In an interoperable world, ...
(Date:9/28/2017)... CHICAGO , Sept. 28, 2017 Hill-Rom ... quarter 2017 earnings conference call and webcast on Friday, ... 8:00 a.m. (EDT) and ending at approximately 8:30 a.m. ... to discussing the company,s 2017 financial performance and guidance ... growth opportunities, initiatives to enhance operational performance, and long-range ...
(Date:9/25/2017)... PROVIDENCE, R.I. , Sept. 25, 2017 /PRNewswire/ ... immunogenicity assessment, vaccine design, and immune-engineering today announced ... focused on the development of personalized therapeutic cancer ... and has provided exclusive access to enabling technologies ... MSc Eng., MBA will lead EpiVax Oncology as ...
Breaking Medicine Technology: