KFSH Reference Laboratory Services for Inherited Metabolic Diseases - Research Paper Example

King Faisal Medical Laboratories has established three significant objectives to pursue. The first is securing 100% of the medical geneticists' physicians at KFSH as satisfied customers.T he second objective is to develop 60% of their revenue from other Physicians and Laboratories outside KFSH within the Kingdom of Saudi Arabia and the Arab Region. The third objective is the desire to reach profitability within the 3rd year.King Faisal Medical Laboratories has identified two market segments they will serve.

First is the large number of physicians that have a practice in KFSH professional building, were KFML for inherited diseases will lease space.T his customer segment has 38 potential customers (Medical Geneticists, Pediatric Neurologists and Pediatricians specializing in Neurology, Gastroenterology, and Immunology) they care for 3000 patients of whom 50% have metabolic background with a growth rate of 3% ,Pediatric neurologists indicate that their population of potential metabolic patient amounts to 750 with a similar growth rate.

The second group is Laboratories from the Ministry of Health in Saudi Arabia and other Laboratories within the region. There are 80 potential customers in this segment with an 8% annual growth rate. A comprehensive set of metabolite analyses and enzyme assay is therefore urgently needed.King Faisal Medical Laboratory offers a comprehensive laboratory test menu and will be the largest inherited metabolic Diseases laboratories in Saudi Arabia.T he testing catalog will offer more than 100 additional tests.

Other types of inherited laboratory testing not performed in-house will be sent to Mayo Medical Laboratory as they have been identified as KFML reference Laboratory.