INSIGHT

Q3-2018 Laboratory Services Update

Increasing demand from patients for advanced technologies and quick, accurate, test results have put pressure on the laboratory services industry to find new and innovative ways to meet a changing healthcare landscape. The majority of industry growth is expected to come from early detection and increasing pressure from payors for preventative medicine. The sector continues to experience heightened consolidation as industry participants look to increase the size and geographic scope.

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Sources: SEC Filings; Company Press Releases, and Reports; IBISWorld; Capital IQ; PHP Estimates and Research. This document has been compiled with publicly available information. Provident Healthcare Partners, LLC makes no guarantee of its accuracy or completeness. No data or statement should be construed to be a recommendation for the purchase, sale, or retention of any security.