Diagnostic & Medical Laboratories in the US - Industry Risk Rating Report

IBISWorld
January 27, 2014
23 Pages - SKU: IBSS5205001
Countries covered: United States

Diagnostic & Medical Laboratories in the US - Industry Risk Rating Report

IBISWORLD INDUSTRY RISK RATINGS REPORT

This Industry Risk Ratings report from IBISWorld evaluates the inherent risks associated with the Diagnostic & Medical Laboratories in the US industry. Industry Risk is assumed to be 'the difficulty, or otherwise, of the business operating environment'.

The report looks at the operational risk associated with this industry. Three types of risk are recognized in our analysis. These are: risk arising from within the industry itself (structural risk), risks arising from the expected future performance of the industry (growth risk) and risk arising from forces external to the industry (external sensitivity risk).

This approach is new in that it analyses non-financial information surrounding each industry. Industries are scored on a 9-point scale, where 1 represents the lowest risk and 9 the highest. The Industry Risk score measures expected Industry Risk over the coming 12-18 months.

Industry Definition

Operators in this industry provides analytic services to identify or determine the nature and cause of a disease or injury, through the evaluation of a patient’s history, examination and data. These services are provided to healthcare providers or patients upon referral from health practitioners.

Report Contents

Risk Overview

The Risk Overview chapter includes sections on Industry Definition and Activities, Industry Risk Score and Risk Rating Analysis. The Industry Definition and Activities section provides a detailed definition of the activities carried out by operators in this industry as defined in NAICS. A list of the primary activities of the industry is also included. The Industry Risk Score section provides the Overall Industry Risk Score as well as the Risk Scores for each of the three types of risk covered that combine to form the Overall Industry Risk Score. These three types of risk are Structural Risk, Growth Risk and External Sensitivity Risk. The Risk Rating Analysis section discusses the underlying factors contributing to the Overall Industry Risk Score.

Structural Risk

The Structural Risk chapter looks at risk arising from within the industry itself and provides a detailed discussion of the industry’s level of exposure to seven key indicators. These key indicators are Barriers to Entry, Competition, Industry Exports, Industry Imports, Level of Assistance, Life Cycle Stage and Volatility of Industry. The Overall Structural Risk Score is a weighted aggregation of these seven key indicators. Each of the key indicators is discussed in detail in this section.

Growth Risk

The Growth Risk chapter looks at risks arising from the expected future performance of the industry. The Overall Growth Risk Score is determined by amalgamating the scores for Recent Industry Growth and Forecast Industry Growth. Detailed analysis is provided discussing the reasons for the growth scores of both.

Sensitivity Risk

The Sensitivity Risk chapter looks at risks arising from forces (sensitivities) external to the industry. The Overall External Sensitivity Risk Score is determined by identifying the most significant (up to 6) external factors and weighting them to represent how significant each sensitivity is to the performance of the industry. Examples of External Sensitivities are Exchange Rates, Interest Rates, Commodity Prices and Government Regulations. There is also a detailed analysis of the affect each of the sensitivities has on the industry, including charts and data tables where appropriate.

Industry Risk and Industry Risk Scoring Methodology

This chapter provides an overview of how IBISWorld defines Industry Risk and discusses the methodology used to arrive at an Industry Risk Score. There is also a table that provides a definition of the seven levels of Industry Risk.

Diagnostic & Medical Laboratories in the US
62111a - Primary Care Doctors in the US
62211 - Hospitals in the US
54194 - Veterinary Services in the US
62231 - Specialty Hospitals in the US
62149 - Emergency & Other Outpatient Care Centers in the US
62221 - Psychiatric Hospitals in the US
62131 - Chiropractors in the US



More Laboratories reports by IBISWorld

Pathology Services in Australia - Industry Market Research Report by IBISWorld
Pathology Services in AustraliaCompanies in this industry operate pathology laboratories and collection centres. However pathology services provided by public laboratories operating within general hospitals are ...
Laboratory Testing Services - Industry Market Research Report - in the US by IBISWorld
Laboratory Testing Services in the USOver the five years to 2014, the Laboratory Testing Services industry has thrived due to increased government regulation on consumer ...
Veterinary Laboratory Testing Services in Australia - Industry Market Research Report by IBISWorld
Veterinary Laboratory Testing Services in AustraliaThe Veterinary Laboratory Testing Services industry provides laboratory testing and diagnostic services for licensed veterinary practitioners.This report covers the scope, ...
Forensic Technology Services - Industry Market Research Report - in the US by IBISWorld
Forensic Technology ServicesThe Forensic Technology Services industry's growth has been facilitated by the rapid technological change that has revolutionized every facet of forensic services, making ...
See all reports like this >>

More United States Laboratories reports

U.S. Medical Laboratories Industry-Industry & Market Report - 2015 by Barnes Reports
The 2015 U.S. Medical Laboratories Industry-Industry & Market report, published annually by Barnes Reports, contains timely and accurate industry statistics, forecasts and demographics. The report ...
Medical & Diagnostic Laboratories by First Research, Inc.
Medical & Diagnostic LaboratoriesBrief Excerpt from Industry Overview Chapter:Companies in this industry provide analysis and diagnostic services by examining body fluids and producing images of ...
Testing Laboratories by First Research, Inc.
Testing LaboratoriesBrief Excerpt from Industry Overview Chapter:Companies in this industry provide engineering, quality control, and certification services in a variety of industries. Major companies include ...
Testing Laboratories, Safety and Compliance Services Industry (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2021, NAIC 541380 by Plunkett Research, Ltd.
Testing Laboratories, Safety and Compliance Services Industry (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2021, NAIC 541380Vital industry-specific data including metrics, ...
See all reports like this >>

More United States reports

The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United States by Icon Group International, Inc.
The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United StatesThis econometric study covers the latent demand outlook for collagen and (hyaluronic ...
The 2013-2018 Outlook for Relish in the United States by Icon Group International, Inc.
This econometric study covers the latent demand outlook for relish across the states and cities of the United States. Latent demand (in millions of U.S. ...
See all reports like this >>

 

SELECT A LICENSE

    Online Download  USD 1,020  
    Global Site License  USD 2,550  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!