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Molecular Dx as a Hot Spot

Although it's still a small portion of the $30-plus billion diagnostic services and test supplies business, molecular diagnostics is on disproportionately rapid growth curve. Some estimate its revenue growth at 25% a year compared to the overall industry average of 3-5%. Reimbursement is improving and robust new tests are emerging, slowly but steadily.

Although it's still a small portion of the $30-plus-billion diagnostic services and test supplies business, molecular diagnostics is on a disproportionately rapid growth curve. Some estimate its revenue growth at 25% a year compared to the overall industry average of 3-5%. Reimbursement is improving and robust new tests are emerging, slowly but steadily.

This growth can be looked at another way: in the US, the laboratory services market for these tests is currently more than $1.8 billion, with another $1 billion spent on...

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