November 2006
Washington G-2 Reports estimates that the hospital laboratory clinical testing market continues to grow at about 6.5% in 2006 and will continue at that pace in 2007 to reach approximately $28.4 billion. Although the hospital laboratory’s biggest competitors are clearly Quest Diagnostics and LabCorp, many face stiff competition from each other. Still, hospitals are indicating that the laboratory market, especially for hospital outreach facilities, can be a profitable business activity.
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November 2006 - Table of Contents
