Economic Impact of Clinical Labs

Clinical laboratories account for a small fraction of U.S. health care costs yet deliver essential tools for clinical decision-making. From routine blood tests to groundbreaking genetic and molecular tests, clinical laboratories assist health care providers in maintaining their patients’ optimal health while enabling the screening, diagnosis, monitoring, and treatment of disease.

In addition to the essential medical insights and cost-effective services provided by clinical laboratories, the industry also provides significant benefits to the U.S. economy, contributing over $118 billion (or 0.47 percent of the GDP) in total economic output, supporting over 652,000 jobs, generating $48 billion in wages and paying more than $11 billion in state and federal taxes.

Click through the interactive map to learn more about how the industry supports labs in your state or district.