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Quest Diagnostics Incorporated is an American clinical laboratory. A Fortune 500 company, Quest operates in the United States , Puerto Rico , Mexico , and Brazil . [ 3 ] Quest also maintains collaborative agreements with various hospitals and clinics across the globe.
Clinical laboratory services includes large multinational corporations such LabCorp, Quest Diagnostics, and Sonic Healthcare [23] but a significant portion of revenue, estimated at 60% in the United States, is generated by hospital labs. [24] In 2018, the total global revenue for these companies was estimated to reach $146 billion by 2024. [25]
Celera Corporation is a subsidiary of Quest Diagnostics which focuses on genetic sequencing and related technologies. It was founded in 1998 as a business unit of Applera , spun off into an independent company in 2008, and finally acquired by Quest Diagnostics in 2011.
The global organ transplant diagnostics market size was valued at USD 4.95 billion in 2024 and is projected to reach from USD 5.49 billion in 2025 to USD 12.57 billion by 2033, growing at a CAGR of 10.92% during the forecast period (2025-2033).
SmithKline Beecham Clinical Laboratories (SBCL) was an American-based medical laboratory company that was acquired by Quest Diagnostics in 1999 for $1.3 billion.
Its Biopharma Laboratory Services segment provides drug development, medical device and diagnostic development services to pharmaceutical, biotechnology, medical device, and diagnostic companies. [1] In 2023, this division provided support to 84% of the new drugs and therapeutic products approved by the Food and Drug Administration .
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The department also has an accredited ACGME residency program in pathology and is a member of the Clinical and Laboratory Standards Institute. In 2015, Quest took over operations of the laboratory. [25] In August 2022, RWJBarnabas divested its laboratories to LabCorp. [26] [27]