Analytical Laboratory Instrument Manufacturing Revenue Benchmarks

How much does the average analytical laboratory instrument manufacturing business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$38.9M

per year

💰

Profit Margin

10.0%

industry average

📈

Revenue / Employee

$490K

per year

👤

Total Businesses

558

in the US

🏢

Est. Owner Income

$3.9M

small business avg

💵

Labor Cost

22.0%

of revenue

👥

Avg Employee Wage

$117K

per year (BLS)

💼

Market Saturation

0.2

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$915K
5-9 employees
$2.1M
10-19 employees
$5.9M
20-99 employees
$16.3M
100-499 employees
$81.0M
500+ employees
$262.4M

🏆 Highest Revenue States

1.Maine$114.8M avg2.Nebraska$96.3M avg3.Oregon$83.4M avg4.California$66.5M avg5.Massachusetts$65.7M avg6.Connecticut$63.8M avg7.Michigan$55.0M avg8.Minnesota$53.6M avg9.Delaware$52.2M avg10.Missouri$49.2M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

5.75%

openings/year

Closure Rate

6.89%

closings/year

Net Job Growth

+3.43%

annual

Businesses Closed

222

in 2023

Firm Count Trend

19
20
21
22
23
4,095 firms3,903 firms

💡 Should You Start a Analytical Laboratory Instrument Manufacturing Business?

Startup Cost

$50K – $250K

Break-Even

0 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Machine Shops$3.2MCommercial Printing (except Screen and Books)$5.8MRetail Bakeries$1.8MWood Kitchen Cabinet and Countertop Manufacturing$3.3MSign Manufacturing$2.9M

Compare Analytical Laboratory Instrument Manufacturing revenue with other industries:

vs Machinevs Commercialvs Retail