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Expert Analysis

Lab Services Market Remains Ripe For Private Equity

By Amber Walsh, Paul Kiehl and Bart Walker, McGuireWoods LLP ( May 4, 2017, 12:24 PM EDT) -- In 2016 alone, the total U.S. clinical and diagnostic laboratory market generated approximately $80 billion in revenue, according to industry U.S. Securities and Exchange Commission filings. Just six years earlier in 2010, that market generated $55 billion in revenues. In light of the progressively aging population, as well as the ever-increasing influence of lab testing on clinical decision-making, there is no reason why the present growth in the market for laboratory services should plateau in the near future, and the laboratory market remains ripe for opportunity....

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