The market for all things medical appears to be on a steady rise in the United States and the services of diagnostic testing laboratories no exception. According to the source article, one of the hot trends in this industry is genetic-testing which is done by scanning the DNA of a “consumer” in order to check for any signs of irregularity that may be a pointer to potential and specific deseases or health conditions to which the consumer may be at higher risk than the general public. The government has begun to look at this industry more closely, as these tests can offer results that are contradictory or misleading.
Based on our earlier market size posts on the diagnotic laboratory industry, we assume that this market size includes both medical testing laboratories as well as diagnostic imaging services, which are listed in detail here.
Geographic reference: United States
Year: 2009
Market size: $60 Billion
Source: Wall Street Journal, page B1, July 23, 2010
Original Source: Washington G-2 Reports
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