Maybe the idea is much higher profit margins than labcorp + potential for larger demand(painless blood tests,fast results, and general trends in medicine) + pot

Maybe the idea is much higher profit margins than labcorp + potential for larger demand(painless blood tests,fast results, and general trends in medicine) + potential overseas ,since it's basically a tech company, not a services company. But with lab-on-chip having moore's law like economics, won't competition come sooner or later, and crush the market?