Comments on this Year’s Ranking
Change continues to dominate the laboratory industry. Among general reference labs (above), Universal Standard Healthcare, ranked number 7 last year, sold its testing business.
Similarly, Laboratory Specialists of America was acquired by Kroll-O’Gara Associates (below), and so not ranked on this year’s list of Boutique/Niche laboratories.
The table below highlights public companies pursuing specific niche markets for diagnostic testing. Their high growth rates reflect the opportunity that exists within emerging niche markets.
These rankings provide a handy reference for basic market trends affecting publicly-traded laboratory companies.