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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 - Starting a New Business Chapter

Barriers to entry in the Toxicology Laboratories industry are low and have remained relatively stable over the past five years. In general, the industry is not highly competitive because it comprises a multitude of companies that are spread throughout the entire United States and that cater primarily to local or regional markets. Additionally, the widespread nature of the industry serves to reduce overall industry concentration, further reducing competition and lightening the industry's barriers to entry. Nonetheless, there are some characteristics of the industry that may serve as potential barriers to new entrants. For example, despite a heavy reliance on skilled labor, the industry carries a moderate level of capital requirements... 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