Laboratory Market 2025
Description
Market-At-A-Glance
The U.S. laboratory services market is projected to grow from nearly $77 billion in 2024 to more than $106 billion by 2034 as the population ages. Increased demand for genetic testing and personalized care are also driving market growth.
In 2024, there were over 317,000 Clinical Laboratory Improvement Amendment (CLIA) certified laboratory facilities in the U.S., including independent labs, physician office labs (POLs), and hospital labs.
In 2024, there were over 317,000 Clinical Laboratory Improvement Amendment (CLIA) certified laboratory facilities in the U.S., including independent labs, physician office labs (POLs), and hospital labs.
Table of Contents
23 Pages
- Executive Summary
- Laboratory Market Overview
- Clinical Laboratories Navigate Tariff Uncertainty
- FDA’s Laboratory-Developed Test Rule Struck Down By Federal Court
- COVID-19 Created Lingering Impact On Overall Respiratory Diagnostics Market
- U.S Laboratory Supplies Market Expected To Double By 20
- Newly Cleared Blood Test Makes Alzheimer’s Diagnosis Less Invasive And More Accessible
- First-In-Class Sepsis Blood Test Receives FDA Clearance
- FDA Clears First AI-Driven Lung Cancer Diagnostic
- U.S Liquid Biopsy Market Expands As Demand For Non-Invasive Cancer Tests Rises
- Precision Oncology Market Set To Experience Growth
- Immunology And Microbiology Testing Volume Hits Recent Peak
- Complete Blood Counts Account For 7% Of All Lab Tests
- COVID-19 Tests No Longer Rank Among Top 10 Lab Tests
- CMS Grants Waived Status To Several New Laboratory Tests
- Labs Turn To Financial Incentives And Internship Programs To Recruit And Retain Staff
- LabCorp And Quest Diagnostics Invest In Expanded Services And Technology
- Independent Labs And Private Equity Firms Acquire Laboratory Assets And Continue Market Consolidation
- Hospital Outpatient Tests Remain Significantly More Expensive Than Independent Lab Tests In 2024
- Direct-To-Consumer Lab Testing Market Expected To More Than Double By 2034
- Labs Moving Toward Digitization Of Operations
- Lab Professionals Find Automation Beneficial Yet Threatening
- 80% Of Labs Leverage Data Analytics To Support Operations
- Clarivate Lists Top Laboratory Products Sold through Distribution
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