Medical Laboratories in Virginia
Revenue benchmarks for medical laboratories businesses operating in Virginia.
#13 of 50 states+19.3% vs national avg
Average Revenue
$9.2M
per year
Businesses
76
in Virginia
Revenue / Employee
$132K
per year
Labor Cost
50.0%
of revenue
Profit Margin
13.0%
industry average
Market Saturation
0.9
firms per 100K in VA
Total Revenue
$700.8M
all firms in VA
Total Employees
5,294
in VA
How Virginia Compares
National Average$7.7M
Virginia$9.2M
Difference+$1.5M (+19.3%)