Medical Laboratories – Industry Analysis, Statistics, Trends, and Forecasts
See the following sections listed below to view available resources by category:
For guides to other industries, see our index of over 400 industries.
Industry Analysis, Statistics, Trends, and Forecasts
Diagnostic & Medical Laboratories (view report)
Toxicology Laboratories (view report)
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
American Association for Clinical Chemistry
Clinical Laboratory News
https://www.aacc.org/
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.
G-2 Intelligence
Laboratory Industry Report
https://www.g2intelligence.com/
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.
GIA Research
Clinical Laboratory Services
https://www.strategyr.com/
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.
TMR Research
Clinical Laboratory Services Market
https://www.transparencymarketresearch.com/
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.
BizMiner Market Analysis Reports
Medical Laboratories
https://www.bizminer.com Search for "621511" to see available reports
Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.
Financial Statements and Financial Ratios
Medical Laboratories
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
Diagnostic & Medical Laboratories
Financial benchmarks section provides detailed comparative income statements and balance sheets and over twenty-five industry financial ratios, with financial benchmarks available for each of the five most recent fiscal years and on a historical average basis for three-year, five-year, and ten-year time periods. Sample spreadsheet that includes breakdowns by total asset size can be viewed free online.
National Independent Laboratory Association | American Association of Bioanalysts
GWU National Survey of Independent and Community Clinical Laboratories
http://www.nila-usa.org/
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.
Compensation and Salary Surveys
American Society for Clinical Pathology
Wage Survey of U.S. Clinical Laboratories
https://www.ascp.org/ Search for "wage survey"
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
https://www.mlo-online.com/ Search for "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.
PayScale, Inc.
Medical Laboratory
https://www.payscale.com/
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.
BV Guides and Databases
BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/
Irving Levin Associates LLC
Healthcare M&A News, Analysis, and Transaction Details
https://www.levinassociates.com/
Subscription service provides M&A news, analysis, and transaction details with its database of over 25,000 healthcare deals and in-depth industry reports, with sectors covered including labs, MRI, and dialysis, hospitals, medical groups, home health and hospice, rehabilitation, and behavioral care and transaction data searchable by property type, geographic activity, broker, acquirer, and other criteria.
Diagnostic Imaging Centers
Hospitals and Health Systems
Medical Equipment & Supplies Distributors
Physicians and Medical Practices
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