Medical Laboratories in Maryland
Revenue benchmarks for medical laboratories businesses operating in Maryland.
#22 of 50 states-16.7% vs national avg
Average Revenue
$6.4M
per year
Businesses
65
in Maryland
Revenue / Employee
$131K
per year
Labor Cost
50.0%
of revenue
Profit Margin
13.0%
industry average
Market Saturation
1.1
firms per 100K in MD
Total Revenue
$418.7M
all firms in MD
Total Employees
3,197
in MD
How Maryland Compares
National Average$7.7M
Maryland$6.4M
Difference$1.3M (-16.7%)