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Laboratory Testing Services in the US Industry Data and Analysis
Laboratory testing service companies experienced significant shifts over the past few years, rooted largely in the ebb and flow of economic conditions. During the pandemic, the industry saw unique growth patterns, with health spending surging despite a general downturn in other sectors such as construction. This strange dichotomy was driven by an increased need for health-related testing services, maintaining some buoyancy in overall revenue in 2020. However, post-pandemic recovery didn't uniformly benefit all segments, with corporate profit rises not immediately translating into robust investment growth due to low research and development (R&D) expenditures.
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What's included in this industry analysis
IBISWorld's research coverage on the Laboratory Testing Services industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released November 2025.
About this industry
What's this industry report about?
The Laboratory Testing Services industry in the United States operates under the NAICS industry code 54138. Companies in this industry perform physical, chemical and other analytical testing for commercial purposes. Such testing may occur in a laboratory or an on-site facility (i.e. where the product is manufactured or developed). Most results from industry-led tests are checked against government regulations and environmental, industrial and product standards. Related terms covered in the Laboratory Testing Services industry in the United States include research and development (r&d), outsource, certification, calibration and geotechnical engineering.
What's included in this industry?
Products and services covered in Laboratory Testing Services industry in the United States include Commercial and construction testing, Environmental and biological testing and Agricultural and food product testing.
What companies are included in this industry?
Companies covered in the Laboratory Testing Services industry in the United States include Intertek Group Plc, UL Solutions Inc. and Eurofins Scientific.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Laboratory Testing Services industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Laboratory Testing Services industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Laboratory Testing Services industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Laboratory Testing Services industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Laboratory Testing Services industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Laboratory Testing Services industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Laboratory Testing Services industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Laboratory Testing Services industry in the United States.
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Frequently Asked Questions
What is the market size of the Laboratory Testing Services industry in the United States in 2026?
The market size of the Laboratory Testing Services industry in the United States is $33.6bn in 2026.
How many businesses are there in the Laboratory Testing Services industry in the United States in 2025?
There are 11,646 businesses in the Laboratory Testing Services industry in the United States, which has grown at a CAGR of 5.7 % between 2020 and 2025.
How may import tariffs affect the Laboratory Testing Services industry in the United States?
The Laboratory Testing Services industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Laboratory Testing Services industry in the United States?
The Laboratory Testing Services industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Laboratory Testing Services industry in the United States grown or declined over the past 5 years?
The market size of the Laboratory Testing Services industry in the United States has been growing at a CAGR of 2.7 % between 2020 and 2025.
What is the forecast growth of the Laboratory Testing Services industry in the United States over the next 5 years?
Over the next five years, the Laboratory Testing Services industry in the United States is expected to grow.
What are the biggest companies in the Laboratory Testing Services industry in the United States?
The biggest companies operating in the Laboratory Testing Services industry in the United States are Intertek Group Plc, UL Solutions Inc. and Eurofins Scientific
What does the Laboratory Testing Services industry in the United States include?
Commercial and construction testing and Environmental and biological testing are part of the Laboratory Testing Services industry in the United States.
Which companies have the highest market share in the Laboratory Testing Services industry in the United States?
The company holding the most market share in the Laboratory Testing Services industry in the United States is Intertek Group Plc.
How competitive is the Laboratory Testing Services industry in the United States?
The level of competition is moderate and increasing in the Laboratory Testing Services industry in the United States.
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