2020 Laboratory Market Report
The 2020 Laboratory Market Report reviews the current landscape of U.S. clinical diagnostics and provides data on the biggest trends shaping laboratory testing. The report also reviews the challenges and opportunities unique to each market segment, and looks at forecasts for newly developing testing technologies.
- Routine testing dropped 50-60% during the first two months of the pandemic, causing revenue declines of more than $5 billion
- U.S. laboratory testing market was valued at $82 billion in 2019
- In 2018, labs experienced revenue declines of $300-670 million under PAMA
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