Diagnostic & Medical Laboratories in Illinois - Industry Market Research Report

  • ID: 4578461
  • Report
  • Region: Illinois
  • 30 pages
  • IBISWorld
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Results are good: Favorable demographic trends and growing access to insurance have yielded growth

FEATURED COMPANIES

  • ACL Laboratories
  • Quest Diagnostics Inc.
  • MORE

Diagnostic & Medical Laboratories in Illinois

The past five years have been a period of growth for the Diagnostic and Medical Laboratories industry in Illinois. Though revenue declined after a surge in 2013, the industry has grown steadily since then. However, historically, revenue has been relatively stable, as industry services are a necessary part of the healthcare sector. After healthcare reform went into effect, the insured population grew significantly, driving demand for healthcare and industry services. Over the next five years, many of the trends that have supported industry growth are expected to continue. Total health expenditure in Illinois, for example, is expected to grow, as is the number of people with private health insurance in the state.

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

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ACL Laboratories
  • Quest Diagnostics Inc.
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
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  • Laboratory Corporation of America Holdings
  • Quest Diagnostics Inc.
  • ACL Laboratories
  • Medical Diagnostic Laboratories LLC
  • Northern Illinois Clinical Laboratory
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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