Global Clinical Reference Laboratory Services Market 2016-2020 - Key Vendors (BioReference Laboratories, Cinven, Laboratory Corporation of America and Quest Diagnostics)
The concept of reference laboratory is a recent phenomenon. Reference laboratories are private as well as commercial facilities that usually perform specialty and high-volume testing routinely. Physicians' offices, clinics, hospitals, government agencies, insurance companies, pharmaceuticals, and biotechnology companies outsource most of their specialty tests to reference laboratories. Though mid- and large-sized hospitals perform most of the tests at their in-house laboratories but approach reference laboratories for specialized tests that usually require specialized equipment.
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