Understanding the Medical Tests Market

by Shadab Farooqui

What are “Medical Tests”?

  • What are medical tests?

  • What are they for? Preventive vs Proactive vs Diagnostic

  • What are the categories of Tests?

  • How many tests are there in each category?

  • Biomarkers and how they are being used

  • Who are the major players

    • Testing & Reporting - ex: Quest, LabCorp

    • Insights - ex: WellnessFX, Forward Health, OneMedical

    • Billing - Insurance, Self-Pay

  • Volume of tests

    • Global for each category

    • North America for each category

  • Market Size - Today vs If testing is made more accessible

  • Uninsured vs Insured Health Tests

  • Doctors often don’t know who is in-network or not for CAT scans etc. even after pre-approval.