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Diagnostic & Medical Laboratories in South Dakota

Author.Name IBISWorld United States Last Updated: April 2025 NAICS SD62151

Diagnostic & Medical Laboratories in South Dakota industry analysis

The Diagnostic & Medical Laboratories industry in South Dakota is expected to grow 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% to xx locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have increased an annualized 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% 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 Diagnostic & Medical Laboratories in South Dakota Market Research Report

What’s Included in the Diagnostic & Medical Laboratories in South Dakota Market Research Report

Definition of the Diagnostic & Medical Laboratories in South Dakota?

Laboratories in this industry provide analytic services to identify or determine the nature and cause of a disease or injury by evaluating a patient’s history, examination and data. These services are provided to healthcare providers or patients upon referral from health practitioners.

What’s included in the Diagnostic & Medical Laboratories in South Dakota?

The Diagnostic & Medical Laboratories in South Dakota includes general pathology services, clinical pathology services, mri imaging, anatomic pathology services, x-ray/radiology imaging and other. Related terms covered in the Diagnostic & Medical Laboratories in South Dakota industry report includes a test that analyzes diseases by examining changes in human tissues and cells, a body scan that uses x-ray equipment to obtain image data from different angles around the body, and then uses computer processing to create a cross-section of body tissues, organs and bony anatomy, a healthcare plan that permits payment of a flat fee for each patient it covers, a procedure that uses a magnet linked to a computer to create detailed pictures of areas inside the body, any organization that contracts with physicians for the delivery of medical care and exercises control over the care provided, a federal system of health insurance for people over 65 years of age and for certain younger people with disabilities, a joint federal and state program that helps pay for healthcare expense for the low-income population and certain aged and disabled individuals, a highly specialized imaging technique that uses short-lived radioactive substances and produces three-dimensional colored images, tests that analyzes rare substances or molecules that are not performed in routine clinical labs and the study of dna, genes and chromosomes.

Industry Performance of the Diagnostic & Medical Laboratories industry in South Dakota

Benchmark the Diagnostic & Medical Laboratories in South Dakota industry performance with all SD county and national performance.

Diagnostic & Medical Laboratories in South Dakota

#49 in Highest Revenue 0.1% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Diagnostic & Medical Laboratories 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 Diagnostic & Medical Laboratories industry in South Dakota

See how key industry drivers, such as median houshold income, house price index, new business formation, number of people with private health insurance, total health expenditure and federal funding for medicare and medicaid are impacting Diagnostic & Medical Laboratories in South Dakota

South Dakota Economic Indicators

Median Houshold Income
House Price Index
New Business Formation

View more economic information in SD State Economic profile

US Key External Drivers

Number of people with private health insurance
Total health expenditure
Federal funding for Medicare and Medicaid

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

County Data of the Diagnostic & Medical Laboratories industry in South Dakota

Access proprietary data on county in the Diagnostic & Medical Laboratories in South Dakota, such as Roberts County, Pennington County and Minnehaha County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Diagnostic & Medical Laboratories industry in South Dakota

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 Diagnostic & Medical Laboratories industry in South Dakota in 2025?

The market size of the Diagnostic & Medical Laboratories industry in South Dakota is $60.7m in 2025.

How many businesses are there in the Diagnostic & Medical Laboratories industry in South Dakota in 2025?

There are 44 businesses in the Diagnostic & Medical Laboratories industry in South Dakota, which has been growing at an average annual rate of 3.0% from 2020 to 2025.

Has the Diagnostic & Medical Laboratories industry in South Dakota grown or declined over the past 5 years?

The market size of the Diagnostic & Medical Laboratories industry in South Dakota has been growing at an average annual rate of 0.9% from 2020 to 2025.

How many employees in the Diagnostic & Medical Laboratories industry in South Dakota in 2025?

There are 234 employees in the Diagnostic & Medical Laboratories industry in South Dakota, which has been growing at an average annual rate of 2.1% from 2020 to 2025.