Medical Laboratories in Massachusetts
Revenue benchmarks for medical laboratories businesses operating in Massachusetts.
#20 of 50 states-15.7% vs national avg
Average Revenue
$6.5M
per year
Businesses
94
in Massachusetts
Revenue / Employee
$150K
per year
Labor Cost
50.0%
of revenue
Profit Margin
13.0%
industry average
Market Saturation
1.3
firms per 100K in MA
Total Revenue
$613.0M
all firms in MA
Total Employees
4,097
in MA
How Massachusetts Compares
National Average$7.7M
Massachusetts$6.5M
Difference$1.2M (-15.7%)