SIC 8071 | NAICS 621511
The following guide to industry analysis, trends, and statistics provides sources for industry news and information, market research reports, financial ratios, salary surveys, and more.
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Industry Analysis, Trends, Statistics, and Forecasts
Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:
American Association for Clinical Chemistry
Clinical Laboratory News
Monthly trade publication features news and information for laboratory professionals employed by high-volume clinical laboratories, with topics covered in various issues of the publication including global health issues, diseases, disorders, testing methods, care delivery methods, patient safety, lab management, specializations, informatics, technology, and government and regulatory issues.
Medical & Diagnostic Laboratories
First Research profiles provide analysis, statistics, and forecasts for a wide range of industries, with content sections including industry overview, recent developments, issues and challenges, business trends and opportunities, leading companies, executive insights, financial benchmarking information, and 5-year revenue growth forecast. Profiles are updated monthly; sample report is available online.
Laboratory Industry Report
Monthly newsletter features news and information for the diagnostic laboratory industry, with topics covered in the publication including business strategies and advice, comparative data on diagnostic lab test pricing and volumes, operational benchmarks, regulatory matters and proposed legislation, earnings data and performance metrics for publicly-traded labs, and merger and acquisition activity.
Clinical Laboratory Services
Market research report provides in-depth analysis of this healthcare sector in the U.S. and selected other countries, with data provided including historical and forecast sales by type of lab facility (e.g., hospital-based, independent, and physician office) and major companies profiled including ARUP Laboratories, Inc., Laboratory Corporation of America, Inc. (LabCorp), and Quest Diagnostics, Inc.
Clinical Laboratory Services Market
Market research report analyzes the clinical lab services market sector on a global basis, with data provided including forecast revenue by test type (e.g., clinical chemistry, microbiology and cytology, human and tumor genetics, and other esoteric) and facility type (e.g., hospital-based, clinic-based, stand-alone) and companies profiled including LabCorp, Quest Diagnostics, and Sonic Healthcare.
Financial Ratios and Benchmarking Data
https://www.bizminer.com Search for "621511"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
National Independent Laboratory Association | American Association of Bioanalysts
GWU National Survey of Independent and Community Clinical Laboratories
Financial characteristics section of the survey provides data on operating revenue and requisition and service volume by payer (e.g., Medicare A/B/Advantage, Medicaid, private, and other) and client type (e.g., physicians, hospitals, nursing homes/skilled nursing facilities, home health care agencies, and community health centers), operating expenses, average profit margins, and workforce composition.
Medical & Diagnostic Laboratories
Financial information section of this profile provides income statements, balance sheets, and financial ratios by company size based on annual revenue for companies that perform analytical or diagnostic test procedures on body fluids, tissues, and images for medical professionals and their patients, with leading firms in this sector including LabCorp, Quest Diagnostics, Alliance HealthCare, and RadNet.
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Compensation and Salary Surveys
American Society for Clinical Pathology
Wage Survey of U.S. Clinical Laboratories
Annual wage survey provides compensation data for laboratory staff and supervisory personnel, with wage data broken out by occupation, job level, certification, type of facility, and geographic area and lab facilities covered by the survey including hospital (categorized by number of beds), reference or independent, physician's office, outpatient clinic, private, institutional, pathologist, and blood center.
Medical Laboratory Observer
MLO Annual Salary Survey
Annual salary survey provides compensation data for laboratory personnel, with salary data broken out by gender, education, number of continuing education classes per year, type of lab facility (e.g., hospital, independent, physician office, group practice, government/public health, medical school, blood bank, and HMP/PPO), years in industry, years with current employer, and geographic region.
Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as laboratory manager, laboratory supervisor, phlebotomy supervisor, phlebotomist, and medical lab technician, with employers for which data is provided including TriCore Reference Laboratories, Inc., ARUP Laboratories, Inc., Laboratory Corporation of America (LabCorp), and Quest Diagnostics Inc.
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Business Valuation Resources
Small Business Valuation Multiples
Comprehensive reference guide provides market-based business valuation multiples for firms that perform analytical or diagnostic test procedures on body fluids (e.g., blood) or tissues (e.g., biopsy specimens) for healthcare professionals or for patients upon referral from healthcare practitioners.