2011 U.S. Medical Laboratories Industry Report by BarnesReports

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									BReports
     ARNES
Medical Laboratories
Industry (NAICS 621511)


             n Market Reports

             n Industry Trends

             n Demographic Data




   Edition   2011
                      © C. Barnes & Co.
                  Medical Laboratories Industry
                         (NAICS 621511)


                                     TABLE OF CONTENTS
          Users' Guide
          Industry Definition and Related Industries
          Industry Establishments, Sales & Employment Trends
          Industry Ratios
          Establishments, Firms & Payroll
          Sub-Industries - 2010 Estimated Industry Sales ($Millions)
          Sub-Industries - 2010 Estimated Number of Establishments
          Sub-Industries - 2010 Estimated Number of Employees
          5-Year Trend - Estimated Industry Sales ($Millions)
          5-Year Trend - Estimated Number of Establishments
          5-Year Trend - Estimated Number of Employees
          2011 U.S. States - Estimated Number of Establishments
          2011 U.S. States - Estimated Industry Sales ($Millions)
          2011 U.S. States - Estimated Number of Employees
          2012 U.S. States - Estimated Number of Establishments
          2012 U.S. States - Estimated Industry Sales ($Millions)
          2012 U.S. States - Estimated Number of Employees
          2011 U.S. Metropolitan Areas - Estimated Number of Establishments
          2011 U.S. Metropolitan Areas - Estimated Industry Sales ($Millions)
          2011 U.S. Metropolitan Areas - Estimated Number of Employees
          2012 U.S. Metropolitan Areas - Estimated Number of Establishments
          2012 U.S. Metropolitan Areas - Estimated Industry Sales ($Millions)
          2012 U.S. Metropolitan Areas - Estimated Number of Employees
          Definitions and Terms




© 2011 Barnes Reports: U.S. Medical Laboratories Industry                       1
                         Medical Laboratories Industry
                                (NAICS 621511)

                                                    USERS' GUIDE
The Barnes Reports are the leading publications on U.S. industries and estimates and forecasts
on sales and employment demographics. As a way of making the most of this information, we have
included a few suggestions and tips to aid you in processing and using this information.

Managers, planners, and market researchers use this information for a variety of activities:
   • Sizing markets and segments – You can estimate the size of the regional markets you sell in
              and your company’s market penetration into that market. You can do the same with the market
              segments in which you participate.
   • Sales territory potential – You can estimate your market penetration and also the market potential
              in any regional area or market segment.
   • Sales forecasting – With the estimates on the size of the industry, market researchers supporting
              a sales force can then estimate and forecast the future size of the industry.
   • Advertising strategies – You can use this information for forecasting and estimating sales potential
              and target advertising campaigns.
   • Competitive analysis – You will use the information to locate your possible competitors (if it is
              not already known), to estimate their size, growth and strengths and weaknesses and to see what
              market segments in which they participate.

We recognize that many managers today are asked to provide detailed analysis of their markets,
sales territories, distribution channels, and product placements. We have organized these reports in a
logical format making your market analysis and research tasks easy to accomplish.




Copyright © 2010 By C. Barnes & Co.
Printed in USA

All rights reserved. This publication may not be reproduced, stored in any information or retrieval system
or transmitted in whole or in part, in any form or by any means - electronic, mechanical, photocopying,
recording or otherwise - without the express written permission of C. Barnes & Co.

Note: Every effort has been made to verify and ensure the accuracy of the information within this
publication. However, if any errors exist in this publication C. Barnes & Co. disclaims any liability for
any loss or damage to any party as a result of the information or errors in this publication.


     © 2011 Barnes Reports: U.S. Medical Laboratories Industry                                                  2
                     Medical Laboratories Industry
                            (NAICS 621511)

Industry Definition and Related Industries

NAICS 621511: Medical Laboratories. This industry comprises
establishments primarily engaged in providing professional analytic or
diagnostic services to the medical profession, or to the patient on
prescription of a physician.




Related Industries
          Pharmaceutical Preparation Mfg.
          Medical & Surgical Hospitals
          Health Care Services
          Offices of Physicians

U.S. Census Categories
NAICS 621511 – Medical Laboratories is almost comparable to:
64% of SIC 8071 – Medical Laboratories


Sub-Industries
Medical laboratories                                       Pathological laboratory
Testing laboratories                                       Urinalysis laboratory
Bacteriological laboratory                                 Neurological laboratory
Biological laboratory                                      Ultrasound laboratory
Blood analysis laboratory                                  X-ray laboratory, including dental

   © 2011 Barnes Reports: U.S. Medical Laboratories Industry                                    3
                                Medical Laboratories Industry
                                       (NAICS 621511)

Industry Establishments, Sales & Employment Trends

                                                            Year                                  Percent Chg. Year-to-Year
                                   2008        2009         2010          2011       2012        08-09 09-10 10-11 11-12
Establishments                        6,702        6,659        6,817        6,885       7,149       -0.6%         2.4%        1.0%    3.8%
Sales ($Millions)                    21,496       21,560      23,533        25,239      28,265        0.3%         9.2%        7.2%    12.0%
Employment                          165,474      164,493     168,328       170,062    176,302        -0.6%         2.3%        1.0%    3.7%




Industry Ratios

                                                            Year                                  Percent Chg. Year-to-Year
(Industry Averages) 2008 2009                               2010          2011       2012        08-09 09-10 10-11 11-12
Sales ($M)/Estab.       3.21    3.24                             3.45         3.67        3.95        0.9%         6.6%        6.2%    7.9%
Sales ($)/Emp.       129,903 131,069                         139,804       148,407    160,319         0.9%         6.7%        6.2%    8.0%
Emps. per Estab.        24.7    24.7                             24.7         24.7        24.7        0.0%         0.0%        0.0%    -0.1%




Establishments, Firms & Payroll

                                    Employee Size of Firm or Establishment
            2010                   1-4          5-9        10-19          20-99 100-499 500+                        Total
                                  Emps.        Emps.       Emps.          Emps. Emps. Emps.
Firms                                  1,433         542            423       490          186         174                     3,248
Establishments                         3,887         898            632       774          225           63                    6,817
Payroll ($Millions)                     184          233            386      1,073       1,328        4,380                    7,583


* Firms (total company) are represented by employee size of firm.
 Establishments (individual locations) are represented by employee size of establishments.
 "Total establishments" do not include "unknown employees" so will not match "total establishments" in other parts of the report.




      © 2011 Barnes Reports: U.S. Medical Laboratories Industry                                                                                4
                     Medical Laboratories Industry
                            (NAICS 621511)

Sub-Industries – 2010 Estimated Industry Sales ($Millions)

                                                               Total
                     Sub-Industries                           Sales
            Medical laboratories                                 $3,611.5
            Testing laboratories                                 $6,674.0
            Bacteriological laboratory                              $10.6
            Biological laboratory                                  $235.4
            Blood analysis laboratory                               $89.9
            Pathological laboratory                                $367.7
            Urinalysis laboratory                                    $9.8
            Neurological laboratory                                 $67.1
            Ultrasound laboratory                                   $98.8
            X-ray laboratory, including dental                     $601.6



Sub-Industries – 2010 Estimated Number of Establishments

                                                               Total
                     Sub-Industries                       Establishments
            Medical laboratories                                    2,374
            Testing laboratories                                      343
            Bacteriological laboratory                                  6
            Biological laboratory                                      57
            Blood analysis laboratory                                  59
            Pathological laboratory                                   167
            Urinalysis laboratory                                       7
            Neurological laboratory                                    24
            Ultrasound laboratory                                     113
            X-ray laboratory, including dental                        259




  © 2011 Barnes Reports: U.S. Medical Laboratories Industry                 5
                     Medical Laboratories Industry
                            (NAICS 621511)

Sub-Industries – 2010 Estimated Number of Employees

                                                                 Total
                     Sub-Industries                           Employment
            Medical laboratories                                    51,600
            Testing laboratories                                    14,327
            Bacteriological laboratory                                 125
            Biological laboratory                                    2,249
            Blood analysis laboratory                                1,879
            Pathological laboratory                                  6,364
            Urinalysis laboratory                                       84
            Neurological laboratory                                    398
            Ultrasound laboratory                                    1,766
            X-ray laboratory, including dental                       5,372




  © 2011 Barnes Reports: U.S. Medical Laboratories Industry                  6
                       Medical Laboratories Industry
                              (NAICS 621511)

5-Year Trend – Estimated Industry Sales ($Millions)

                                         Employee Size of Establishment                                     Total
  Year      1-4        5-9       10-19     20-49     50-99     100-249 250-499 500-999 >1000        Un-     Industry
            Emps.      Emps.     Emps.     Emps.     Emps.     Emps. Emps. Emps. Emps.              known Sales
                                                                                                    Emps.
  2008           726      353       683      1,426     1,282     3,045    2,016    4,400    7,200       365     21,496
  2009           728      354       685      1,430     1,285     3,054    2,022    4,413    7,221       368     21,560
  2010           795      387       748      1,561     1,403     3,333    2,207    4,817    7,882       400     23,533
  2011           853      415       802      1,674     1,505     3,575    2,367    5,166    8,453       430     25,239
  2012           955      464       898      1,875     1,685     4,004    2,651    5,786    9,469       476     28,265


5-Year Trend – Estimated Number of Establishments

                                         Employee Size of Establishment                                     Total
  Year      1-4        5-9       10-19     20-49     50-99     100-249 250-499 500-999 >1000        Un-     Establish-
            Emps.      Emps.     Emps.     Emps.     Emps.     Emps. Emps. Emps. Emps.              known ments
                                                                                                    Emps.
  2008         3,822      883       621       528       233        173      48       44       18        330      6,702
  2009         3,798      877       617       525       232        172      48       44       18        328      6,661
  2010         3,887      898       632       537       237        176      49       45       18        336      6,817
  2011         3,927      907       638       542       239        178      49       45       18        339      6,886
  2012         4,077      942       662       563       249        185      51       47       19        352      7,146


5-Year Trend – Estimated Number of Employees

                                         Employee Size of Establishment                                     Total
  Year      1-4        5-9       10-19     20-49     50-99     100-249 250-499 500-999 >1000        Un-      Employ-
            Emps.      Emps.     Emps.     Emps.     Emps.     Emps. Emps. Emps. Emps.              known ment
                                                                                                    Emps.
  2008        11,466     5,298     8,694    16,896    14,213    23,009   14,640   26,664   23,346     21,248   165,474
  2009        11,393     5,264     8,639    16,789    14,123    22,863   14,547   26,494   23,198     21,184   164,493
  2010        11,662     5,389     8,843    17,185    14,456    23,403   14,891   27,121   23,746     21,632   168,328
  2011        11,780     5,443     8,932    17,359    14,602    23,639   15,041   27,394   23,985     21,888   170,062
  2012        12,230     5,651     9,273    18,022    15,160    24,542   15,616   28,441   24,902     22,464   176,302




  © 2011 Barnes Reports: U.S. Medical Laboratories Industry                                                         7
                              Medical Laboratories Industry
                                     (NAICS 621511)

                 U.S. States – Estimated Number of Establishments
                                     Year: 2011

                                                   Employee Size of Establishment                                                   Total
Area Name 1-4                 5-9          10-19        20-49        50-99        100-249 250-499 500-999 >1000        Un-          Estab-lish-
                 Emps.        Emps.        Emps.        Emps.        Emps.        Emps. Emps. Emps. Emps.              known        ments
                                                                                                                       Emps.
U.S. Total          3927          907          638          542          239          178      49      45         18       339              6886
Alabama               59           14            6            7            2            4       1       0          0         5                98
Alaska                 9            3            3            0            0            0       0       0          0         1                16
Arizona              278           48
								
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