Description
EBI Report 124: Environmental Laboratory Industry – Testing & Analytical Services (updated September 2020) analyzes markets, competition, customer needs, and technology, pricing and M&A trends in the $2-billion U.S. market for environmental testing and analytical services. This comprehensive 440-page report is based on surveys, interviews and in-depth primary research on revenue generation, financial performance, and customer relationships of leading and emerging analytical services companies.
EBI Report 124 features valuable perspective on trends over the past 25+ years that help guide forecasts for the future. Sections are devoted to market segmentation, operations, M&As and consolidation, and profiles of competitors large and small. In this report, the Environmental Testing and Analytical Services business (a core segment of the environmental industry) is analyzed within the context of the broader environmental industry.
EBI Report 124 also includes the following information regarding the environmental laboratory industry:
- Annual trend reviews.
- Detailed market breakdowns by customer type, sample media, service offering, competitor size, and state or region.
- Primary research results of annual environmental labs survey by EBI and by TechKNOWLEDGEy Strategic Group.
- Growth projections and factors for success in a competitive market.
- Implications of new technology in the lab, field, data management, and customer service.
- List of top firms, market share, ownership structure, and recent M&As.
- Competitive analysis and changing share and ownership of top firms.
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Huge implications ride on the information that environmental laboratories provide. In high profile cleanups, analysis must be carried out under intense media and public scrutiny, especially since decisions regarding property values and human health are frequently involved. Mistakes can carry huge potential costs to the client or to society. Similarly, regulatory compliance and the assessment of environmental risks to human health and property also depend on the input and interpretation provided by environmental testing and analytical services firms. Thus, although it remains a small and often unnoticed segment of the overall environmental industry, the environmental testing segment is, and will continue to be, a critical link in solving environmental problems.
