Why it’s so hard to make money from blood tests

A visit to the doctor regularly involves the GP needing a blood sample. The patient is sent to a collection centre where a kindly nurse extracts blood from a vein, packages up the test tubes for transportation to a pathology lab for examination, with results returned to the GP for a follow-up appointment.

The ageing population and strong migration levels of up to 500,000 new arrivals annually mean pathology companies are seemingly in a sweet spot for demand for their services.