Laboratory Economics Issues Research Report On U.S. Laboratory Demographic Trends
Laboratory Economics Issues Research Report On U.S. Laboratory Demographic Trends
Laboratory Economics has just released The U.S. Laboratory Demographic Trends & Strategic Outlook 2025-2028. With this special report, you can tap into 200 pages of proprietary market research that reveals critical data and information about key business trends affecting the U.S. laboratory testing market.
The report reveals that the U.S. laboratory testing market represented an estimated $137.5 billion of revenue in 2025 with a long-term annual growth rate of 3-5%. Growth is currently being driven mostly by increased PCR-based microbiology testing and next-generation sequencing (NGS) tests to analyze genetic changes in cancer cells
The fastest-growing geographic markets are all concentrated in the South
Central and Southeast regions, including Sarasota, FL, Austin, TX,
Raleigh, NC, Orlando, FL, and Jacksonville, FL.
The U.S. laboratory testing market faces big challenges, including
post-pandemic employee wage inflation combined with five straight years
of flat reimbursement rates from Medicare and commercial insurance
payers. “Despite these challenges, the U.S. lab industry has
demonstrated a long track record of consistent growth,” according to
Jondavid Klipp, President of Laboratory Economics.
