Number of Medical Laboratories Businesses in the US (2000–2023)
As of 2023
7,899
medical laboratories businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The medical laboratories industry has grown 44.5% since 2000 (from 5,466 to 7,899 firms).
- •The peak year was 2022 with 8,078 firms.
- •Recent trend (last 5 years): the industry is growing (+22.0%).
- •Employment: 327,348 workers in 2023 (117.2% change since 2000).
- •Estimated 5-year survival rate: 59%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 7,899 | 22,627 | 327,348 | 28.3% | 10.0% | -4.0% |
| 2022 | 8,078 | 18,813 | 341,381 | 7.5% | 6.3% | +6.0% |
| 2021 | 7,731 | 18,432 | 318,265 | 12.8% | 9.4% | +6.2% |
| 2020 | 6,385 | 16,636 | 289,589 | 6.6% | 9.7% | +1.4% |
| 2019 | 6,476 | 17,170 | 285,573 | 10.1% | 9.5% | -2.2% |
| 2018 | 6,644 | 17,082 | 291,580 | 16.8% | 10.4% | +1.0% |
| 2017 | 6,777 | 16,018 | 287,839 | 8.1% | 10.6% | +0.5% |
| 2016 | 7,025 | 16,500 | 287,573 | 9.5% | 7.8% | +2.8% |
| 2015 | 7,036 | 16,217 | 279,782 | 31.7% | 7.8% | +9.9% |
| 2014 | 7,030 | 12,731 | 250,563 | 9.3% | 8.7% | +0.7% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.