The global market landscape has been changing for many years, and our testing labs are facing a variety of challenges because of this:

For over a decade now, these market challenges have created a worldwide “consolidation phenomenon” that has not only affected commercial labs, but also hospital labs. Due to this, labs like yours are being forced to do much more to increase your revenues, to offset operational costs, and balance the global financial pressures in the market, which was one of the original triggers of this market consolidation.

Consolidation has also created a centralization of analytical systems in “central labs” and consequently a centralization of samples. So, testing labs have had to face huge increases in the numbers of samples to be processed each day. Due to market labor shortages, specifically less biology-focused staff, it is increasingly difficult for labs to meet workload demands.

Given this range of pressures, how does your lab manage and keep your competitive edge?

Processing more and more samples to increase revenues is a matter of survival for most labs. However, you can only achieve this if you have the right partners to provide proven expertise, reliable systems, organizational plans, and proven processes to implement in your labs. You need a partner who has expertise to support you in your strategical plans.

You must also be very mindful of your customers' satisfaction. Your reputation depends on the medical value you provide and your ability to produce more samples, reduce your time to result, and provide reliable and actionable results; you are being forced to take an industrialization path to face these challenges.