SIC 8071 | NAICS 621511
The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.
Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
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.
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.
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.
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.
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 including:
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.
Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of revenue by major category (e.g., purchases, wages, depreciation, marketing, rent, utilities, other costs, and earnings before interest and taxes) for the most recent year and line graphs indicating trends for each category over the past five years. Sample report can be viewed free online.
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.
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.
Interactive database provides detailed transaction data for over 38,000 private and public companies sold for prices ranging from under $250,000 to over $500,000,000, with valuation measures provided including market value of invested capital as a multiple of revenue, gross profit, EBIT, EBITDA, SDE, and book value of invested capital. User guide, free webinar, and sample reports are available online.