Quest Diagnostics CEO Jim Davis Talks Outlook
episodePreviously titled “Quest Diagnostics CEO Jim Davis” — renamed by the publisher on Aug 3, 2026
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Talk us through the main growth drivers that you see when you take a look over the course of this year.
Yeah. First, Katie, thanks for having us on this morning. You know, in terms of the growth drivers, we really think there's two or three major things going on. One, unfortunately, is still all of the chronic care disease management that's occurring in the country. You know, type two diabetes at an all time high autoimmune disorders. cancer rates, younger and younger patients being diagnosed with cancer, colon cancer in particular. So all of this is leading to a lot of testing, as you can imagine, and helping people diagnose, helping people figure out what the right therapy they should select, and then actually monitoring the disease. Now, at the other end of the spectrum, and this is really a more recent phenomenon, is all the new testing from a consumer health standpoint.
So, you know, prevention is all about doing something before the symptoms set in. And between our own consumer health offering and then partnerships that we've developed in the industry, we are really powering the wellness industry today. So our relationships with Function Health, our relationships with Whoop, with Aura, We're trying to make lab testing ubiquitous to consumers, especially those that really have a focus on prevention and wellness. But really, it's those two things, Katie, that are really driving the growth.
Well, I'm glad you brought up consumer health and some of the partnerships you have, Whoop and Aura being some of them. You also have partnerships with HIMSS and Function Health, I see as well. How do you see that part of the business evolving? How meaningful of a growth driver can that be?
Yeah, so to put all of that in context between our own direct business, our own consumer direct business, plus our partnerships with all those that you mentioned, it's about a $250 million segment. And, you know, we did $11 billion last year. So it's meaningful. What's more meaningful is that segment grew at over 30% last year, and we expect it to continue to grow, you know, north of 20% this year. And again, what we're seeing is just consumers taking more interest in their health with this notion of let's prevent disease. Let's try to get in front of that. You know, if we look at our business today, about two-thirds of it is diagnosis of disease, you know, treatment of disease, treatment monitoring.
And really only a third of our business is prevention and wellness, general health and wellness testing. Honestly, I hope over the next decade we can flip that. I really hope that we can be two-thirds prevention and wellness and then a third chronic care management.
When you zoom out a bit, what are you seeing in terms of trends when it comes to what types of tests are being asked for and ordered?
Yeah, Alzheimer's, Katie, is a very, very important set of tests that we now offer. You know, before blood-based biomarkers came to fruition with respect to Alzheimer's, really the gold standard were cognitive tests that physicians perform, and then they would move that patient directly into imaging, whether that's a PET-CT image or an MRI image.
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