The prominent players operating in this market include Labcorp, Quest Diagnostics, OPKO Health Inc., CM Global Laboratories, Laboratory Corporation of America, Fulgent Genetics, Arup Laboratories, Mayo Medical Laboratories, Invitae, Myriad Genetics, Nordic Laboratories, Genomic Health, American Esoteric Laboratories (AEL), Miraca Holdings and BioMONTR among others. These companies have adopted various organic as well as inorganic growth strategies to strengthen their position in the market. New product development, merger & acquisition, and expansion were among the key growth strategies adopted by these leading players to enhance their product offering and regional presence and meet the growing demand for esoteric testing in the emerging economies. In 2021, Labcorp has acquired Myriad Genetics? autoimmune business unit.
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