SEARCH   
MEMBER LOGIN    

Toxicology Laboratories in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Toxicology Laboratories Market Research Report | Life Sciences | Laboratory Services | Dec 2014

Test positive: Greater employment and drug use will drive demand for toxicology labs

IBISWorld’s Toxicology Laboratories market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Quest Diagnostics Inc. Quest Diagnostics Inc. market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
3.0%
Annual Growth 14-19
Purchase to read more
Profit
Purchase to read more
Employment
11,620
Businesses
1,128
Industry Analysis & Industry Trends

The Toxicology Laboratories industry has experienced steady growth during the past five years as demand for employee drug testing, the industry's largest product segment, rose in line with increased employment during the economic recovery. Underpinning growth in employee toxicology testing is the trend of increasing illicit drug use in the United States, the economic costs of which have been substantial. In order to avoid productivity losses, most businesses have required drug tests of workers, at least upon initial employment, which has driven steady revenue growth for the industry. This growth is anticipated to continue over the next five years.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Toxicology Laboratories industry is in the growth stage of its life cycle, characterized by growth stronger than the overall economy, high technological change, increasing market acceptance and consolidation by the industry's largest players. Over the past five years, the industry has experienced accelerated growth as the US economy recovers from the depths of the recession. Corporate profit margins have expanded quickly and as a result, corporations are taking on new employees, which creates demand for drug testing programs.

Industry value added (IVA), a measure of the industry's contribution to the overall economy, is projected to grow at an average annual rate of 3.8% over the 10 years to 2019... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Toxicology Laboratories Industry?

This industry receives and independently analyzes samples of biological material for various toxins, primarily drugs. Services include blood testing, saliva testing and urine testing. Employers, the medical community and law enforcement are major purchasers of this industry's services.

Industry Products
Lab-based urine testingInstant urine testingHair testingLab-based oral fluid testingInstant oral fluid testingOther testing
 
Industry Activities
Blood testingUrine testingOral fluid testingSaliva testingHair testing


View Sample
Quote
Select Clients