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Cholesterol Testing Services Market - Role of Major Players in Global Success http://www.marketsandmarkets.com/Market-Reports/cholesterol-testing-services-market180941049.html
The report "Cholesterol Screening/ Cholesterol Lab Testing Services Market by Type of Customer (Physician/Provider, Hospital, Employer, Health Plan, MCO, Government, ACO, IDN, Patient), Geography (North America, Europe) & Qualitative Assessment - Forecasts to 2021", that analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia, and the Rest of the World (RoW). Browse: 33 market data tables 21 figures 139 pages and in-depth TOC on ÍžCholesterol Screening/Cholesterol Lab Testing Services MarketÍ&#x; Download the PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=180941049 The global cholesterol testing services market is expected to reach USD 17.57 Billion by 2021 from an estimated value of USD 11.96 Billion in 2016, growing at a CAGR of 8% during the forecast period. http://www.marketsandmarkets.com/Market-Reports/cholesterol-testing-services-market180941049.html
Prominent players in the cholesterol testing services market include Laboratory Corporation of America Holdings (LabCorp) (U.S.), Quest Diagnostics Incorporated (U.S.), Eurofins Scientific (Luxembourg), Unilabs (Switzerland), Spectra Laboratories Inc. (U.S.), SYNLAB International GmbH (Germany), Bio-Reference Laboratories Inc. (U.S.), Clinical Reference Laboratory, Inc. (CRL) (U.S.), ACM Medical Laboratory (U.S.), and Adicon Clinical Laboratory (China). Talk to Our Research Experts@ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=180941049
The cholesterol testing services market is highly fragmented with a large number of big and small players. Laboratory Corporation of America Holdings (LabCorp) (U.S.) is among the leading players in the cholesterol testing services market.
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The o pa y’s dominance in the market can be attributed to its strong brand image, robust product portfolio, exhaustive service offerings, and extensive geographical presence. The company majorly focuses on inorganic growth strategies such as acquisitions to maintain and enhance its leading position in the market.
In this regard, in November 2014, LabCorp acquired Liposcience, Inc. (U.S.), a leading
company specializing in cardiovascular diagnostic laboratory tests. The addition of Lipos ie e’s NMR LipoProfile test, an advanced method for the assessment of cardiovascular risk, enhanced La Corp’s services portfolio.
Furthermore, Quest Diagnostics Incorporated (U.S.) is also one of the leading players in this market. To strengthen its position in the market, the company focuses on adopting both organic as well as inorganic growth strategies. http://www.marketsandmarkets.com/Market-Reports/cholesterol-testing-services-market180941049.html
In November 2016, the company launched the QuestDirect, a new patient-initiated testing service in the U.S. This new service will allow customers to better manage their health by ordering certain lab tests directly without any physician intervention, thus strengthening the patient-initiated cholesterol testing services segment for the company.
Besides service launches, the company focuses on expansions and strategic alliances to
increase its market share. In February 2016, Quest Diagnostics acquired the Outreach Laboratory Service business of Clinical Laboratory Partners (CLP) (U.S.), a wholly owned subsidiary of Hartford HealthCare (HHC) (U.S.). This acquisition gave Quest Diagnostics an access to HHC’s vast network of patient service centers and rapid-response clinical laboratories, thus allowing it to offer quality, affordable, and convenient laboratory services to patients and providers. http://www.marketsandmarkets.com/Market-Reports/cholesterol-testing-services-market180941049.html
The key strategies followed by most companies include acquisitions, expansions, investments, agreements, and service launches. These strategies help market players to
strengthen their service offerings, cater to the unmet needs of customers, increase their profitability, and expand their presence in the global market.
Laboratory Corporation of America Holdings (LabCorp) (U.S.), Quest Diagnostics Incorporated (U.S.), Eurofins Scientific (Luxembourg), Unilabs (Switzerland), Spectra
Laboratories Inc. (U.S.), SYNLAB International GmbH (Germany), and ACM Medical Laboratory (U.S.) are the companies that majorly adopted these strategies.
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