Number of Analytical Laboratory Instrument Manufacturing Businesses in the US (2000–2023)
As of 2023
3,903
analytical laboratory instrument manufacturing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The analytical laboratory instrument manufacturing industry has declined 11% since 2000 (from 4,383 to 3,903 firms).
- •The peak year was 2012 with 4,458 firms.
- •Recent trend (last 5 years): the industry is shrinking (-4.7%).
- •Employment: 409,912 workers in 2023 (-13.6% change since 2000).
- •Estimated 5-year survival rate: 70%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 3,903 | 4,690 | 409,912 | 5.7% | 6.9% | +3.4% |
| 2022 | 3,980 | 4,743 | 399,415 | 5.2% | 7.3% | +0.2% |
| 2021 | 4,032 | 4,795 | 401,109 | 5.2% | 5.7% | -1.3% |
| 2020 | 4,108 | 4,885 | 402,315 | 5.0% | 6.0% | +1.8% |
| 2019 | 4,095 | 4,903 | 394,470 | 5.9% | 6.6% | +3.3% |
| 2018 | 4,116 | 4,945 | 381,782 | 8.2% | 7.2% | -1.7% |
| 2017 | 4,213 | 4,909 | 387,450 | 4.8% | 6.4% | +0.6% |
| 2016 | 4,209 | 4,869 | 374,917 | 5.1% | 6.8% | -0.5% |
| 2015 | 4,294 | 4,959 | 383,330 | 5.4% | 6.1% | -1.5% |
| 2014 | 4,336 | 5,006 | 387,005 | 5.1% | 5.8% | +0.8% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.