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Laboratory Testing Services in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM54138

Laboratory Testing Services in New Mexico industry analysis

The Laboratory Testing Services industry in New Mexico is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has decreased an annualized -x.x% to xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to increase an annualized x.x% to xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Laboratory Testing Services in New Mexico Market Research Report

What’s Included in the Laboratory Testing Services in New Mexico Market Research Report

Definition of the Laboratory Testing Services in New Mexico?

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.

What’s included in the Laboratory Testing Services in New Mexico?

The Laboratory Testing Services in New Mexico includes commercial and construction testing, environmental and biological testing, agricultural and food product testing, forensic testing, geotechnical testing, x-ray inspection and technical consultancy. Related terms covered in the Laboratory Testing Services in New Mexico industry report includes creative work undertaken by a company to increase knowledge, which can then be applied to developing a new product or improving an existing one, to procure goods or services under contract with an outside supplier, confirmation that a product has passed a certain test, a test that establishes the relationship between the values of quantities indicated by a measuring instrument and the corresponding values realized and a category of engineering that uses the principles of soil and rock mechanics to evaluate subsurface conditions for the safety and risks of earthwork or foundation construction.

Industry Performance of the Laboratory Testing Services industry in New Mexico

Benchmark the Laboratory Testing Services in New Mexico industry performance with all NM county and national performance.

Laboratory Testing Services in New Mexico

#41 in Highest Revenue 0.3% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Laboratory Testing Services in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Laboratory Testing Services industry in New Mexico

See how key industry drivers, such as population, new business formation, median houshold income, research and development expenditure, demand from engineering services and consumer spending are impacting Laboratory Testing Services in New Mexico

New Mexico Economic Indicators

Population
New Business Formation
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Research and development expenditure
Demand from engineering services
Consumer spending

For the full list of industry drivers, see report purchase options.

County Data of the Laboratory Testing Services industry in New Mexico

Access proprietary data on county in the Laboratory Testing Services in New Mexico, such as Bernalillo County, San Juan County and Dona Ana County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Laboratory Testing Services industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Laboratory Testing Services industry in New Mexico in 2025?

The market size of the Laboratory Testing Services industry in New Mexico is $90.2m in 2025.

How many businesses are there in the Laboratory Testing Services industry in New Mexico in 2025?

There are 65 businesses in the Laboratory Testing Services industry in New Mexico, which has been growing at an average annual rate of 0.6% from 2020 to 2025.

Has the Laboratory Testing Services industry in New Mexico grown or declined over the past 5 years?

The market size of the Laboratory Testing Services industry in New Mexico has been declining at an average annual rate of -0.7% from 2020 to 2025.

How many employees in the Laboratory Testing Services industry in New Mexico in 2025?

There are 408 employees in the Laboratory Testing Services industry in New Mexico, which has been declining at an average annual rate of -0.2% from 2020 to 2025.