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Quest Diagnostics Incorporated is an American clinical laboratory. A Fortune 500 company, Quest operates in the United States , Puerto Rico , Mexico , and Brazil . [ 3 ] Quest also maintains collaborative agreements with various hospitals and clinics across the globe.
Clinical laboratory services includes large multinational corporations such LabCorp, Quest Diagnostics, and Sonic Healthcare [23] but a significant portion of revenue, estimated at 60% in the United States, is generated by hospital labs. [24] In 2018, the total global revenue for these companies was estimated to reach $146 billion by 2024. [25]
The global market for laboratory-developed testing (LDT) is experiencing significant growth, with a projected value of US$ 4582.6 million by 2030 from US$ 3518.7 million in 2023 (CAGR of 3.8%) [2] This growth is driven by advancements in genetic testing, the increasing demand for personalized medicine, and the ongoing expansion of the ...
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Though Psychemedics previously used a proprietary radio immunoassay (RIA) method, [4] they have since switched to the industry-standard enzyme immunoassay screening method, which has been successfully employed for years by competitors such as Quest Diagnostics. [5]
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Sunquest Information Systems Inc. was founded in 1979 by technologists Jim Peebles and Bob Morrison and pathologist Dr. Sidney Goldblatt. In June 1996, the company began publicly trading on NASDAQ as SUNQ and also acquired Antrim, a commercial laboratory and financial information system supplier. [2]