MARKET OVERVIEW

According to Rothschild in April 2016, the private European lab market will continue to grow in the coming years, despite continued price pressure, and will be characterised by various mergers and acquisitions.

The industry is projected to show annual growth rates averaging approximately 2% for lab services up to 2020. This assessment is based on analyses for Germany, France, Italy, Spain, Switzerland, Sweden, Norway, and Portugal, which show that the developed European lab market displays a constant growth that is independent of economic cycles.