Medical and Diagnostic Laboratories Industry Research

Quality Industry Data

If you're trying to figure out the industry's market size, average annual revenue, forecast for growth or decline, geographic distribution in the United States, top companies, and similar statistics, you've come to the right place.

We've gathered all the key statistics and data for the Medical and Diagnostic Laboratories industry into one simple, yet comprehensive research report. This 2012 Pell Research market analysis report provides the high quality industry statistics you can rely on.

Thousands of companies have used our research, from small startups to the largest consulting firms. Gain a competitive edge today with the Pell Research Medical and Diagnostic Laboratories industry report.

Related Industries

Market Size and Forecast for Medical and Diagnostic Laboratories

Forecast	2011	2012	2013	2014	2015	2016
Market Forecast ($ billions)	Data provided in industry report

Five-year projections show growth trends in industry sales and revenues. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services. Growth and decline in the industry shows the total opportunity for companies. The Medical and Diagnostic Laboratories industry report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. The market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Geographic Share by State in the US

Market by State

The historical market size by state shows how large the local opportunity is, and how many companies are located in the region. Growth rates by state are affected by the regional economic conditions. View data by state to pinpoint profitable and nonprofitable locations for companies in the Medical and Diagnostic Laboratories industry in the United States.

Northeast Region

Industry conditions in the Northeast show competitive trends specific to this region compared to individual states and the national average.

Market Size ($ millions)	2006	2007	2008	2009	2011
Maine	Data provided in industry report
Massachusetts
Connecticut
New Jersey
New Hampshire
New York
Pennsylvania
Rhode Island
Vermont

Midwest Region

Learn how companies are performing in each state within the midwest. The data reflect total sales from firms located in this area.

Market Size ($ millions)	2006	2007	2008	2009	2011
Illinois	Data provided in industry report
Indiana
Iowa
Kansas
Michigan
Minnesota
Missouri
Nebraska
North Dakota
Ohio
South Dakota
Wisconsin

Southern Region

In the South, see total Medical and Diagnostic Laboratories sales for companies located in each state.

Market Size ($ millions)	2006	2007	2008	2009	2011
Arkansas	Data provided in industry report
Delaware
District of Columbia
Georgia
Kentucky
Louisiana
Maryland
Mississippi
North Carolina
Oklahoma
South Carolina
Tennessee
Texas
Virginia
West Virginia

Western Region

Market Size ($ millions)	2006	2007	2008	2009	2011
Arizona	Data provided in industry report
California
Colorado
Hawaii
Idaho
Montana
New Mexico
Nevada
Oregon
Utah
Washington
Wyoming

Income Statement (Average Financial Metrics) for Medical and Diagnostic Laboratories

Pell Research has analyzed Medical and Diagnostic Laboratories financial statements to determine the industry average forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

Products and Services Breakdown

Description	Revenue ($ millions)
Industry Total
Patient Care
Rental Or Lease Of Goods And/Or Equipment
Rental Or Lease - Medical Equipment
Rental Or Lease - All Other Goods And/Or Equipment
Resale Of Merchandise
Resale - Pharmaceuticals
Resale - Optical Goods
Resale - Orthopedic Appliances
Resale - All Other Medical Equipment & Supplies
Resale - All Other Merchandise
All Other Operating Receipts

Salary Information for Employees Working in Medical and Diagnostic Laboratories

Identify the average workforce distribution in a typical Medical and Diagnostic Laboratories company, along with the average annual salary brackets for these positions.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	5%	Data provided in report
Chief Executives	0%
General and Operations Managers	1%
Healthcare Practitioners and Technical Occupations	40%
Medical and Clinical Laboratory Technologists	11%
Medical and Clinical Laboratory Technicians	11%
Radiologic Technologists and Technicians*	9%
Healthcare Support Occupations	15%
Healthcare Support Workers, All Other*	12%
Office and Administrative Support Occupations	29%

Government Contracts

In 2008, the federal government spent a total of $160,856,885 on Medical and Diagnostic Laboratories. It has awarded 3,580 contracts to 617 companies, with an average value of $260,708 per company.   

Company	Address	Key Contact
Data provided in industry report

Industry Research Resources

University of Pittsburgh Industry Research Resources
GreenBook Market Research Companies