Man's Kenneth Cole briefcase,Clinical laboratories are a critical component of health care. Approximately 80% of physicians’ diagnoses are a result of laboratory tests, according to Kalorama Information, a healthcare market research firm.

Common routine tests include cholesterol level tests, HIV tests, pap tests, pregnancy tests, and substance abuse tests. Clinical lab testing is also used to monitor diseases and drug treatments. Specialty testing, which is often more costly, may include genetics, immunology, oncology, endocrinology, and other segments.

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VINTAGE CLUTCH, is a health management company that has grown into a leader in diagnostics solutions. Alere operates on a global scale and has a diverse portfolio of solutions for diagnosing and monitoring health conditions.

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NeoGenomics, Inc. is a U.S.-based cancer diagnostics company that serves hospital and private pathology laboratories, pharmaceutical development organizations, and office-based oncologists. The company acquired Clarient, Inc. in December 2015.

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Spectra Laboratories specializes in laboratory testing for dialysis patients and is a wholly-owned subsidiary of Fresenius Medical Care. Spectra’s laboratories complete more than 71 million tests each year.

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Understanding the Clinical Laboratory Services Market

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