How Europe’s diagnostics consolidators’ market position changed 2013-2019
The combined revenues of Europe’s 11 largest diagnostic players including both imaging and labs has doubled over the past seven years. HBI visualises how their market position has shifted in that period.
Particularly fast-movers include French consolidators Cerba Healthcare, which has nearly tripled sales, and Biogroup LCD which has gone from €40m to €600m, while pan-European Synlab has maintained its position as the largest group since 2015 when it merged with Labco.
The total revenue of the groups has increased from €4.2bn in 2013 to €9bn in 2019. Much of the growth comes from M&A with downwards pricing pressures combatting much of the organic growth in volumes. Become a member of the HBI Intelligence centre for more data.
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