Diagnostics & Research
This industry provides the laboratory services, testing technologies, and clinical trial support used to detect diseases and validate new treatments.
Why it exists
This industry exists to identify diseases and validate treatments.
Why it’s necessary
Medicine collapses without accurate diagnosis and evidence-based validation.
Key components
Lab testing platforms
Research services (CROs)
Imaging technologies
Genomics and biomarker testing
How to evaluate businesses
Test volumes, reimbursement rates, automation level, and reliance on hospital vs pharma customers drive economics.
How the industry could be improved
Point-of-care diagnostics, AI imaging analysis, faster genomic sequencing, and decentralized trial platforms.