How did Medical Laboratories move between 2019 and 2024?

Between calendar 2019 and 2024, Medical Laboratories slipped from #147 to #151 of 499 ranked industries (DRIFT); share of tracked industry dollars went from 0.064% to 0.055%.

Where does the HEALTH sector placement for Medical Laboratories come from?

Sector 62 (Health Care and Social Assistance) placement uses the first two NAICS digits. Medical Laboratories ranks #8 of 26 classified industries there (SLICE), taking 3.1% of $13.3B.

USAspending.gov · NAICS 621511 · Health Care and Social Assistance

Medical Laboratories

Name: Medical Laboratories (NAICS 621511) - Federal Contract Data
Creator: PlainFedContract
License: https://creativecommons.org/licenses/by/4.0/

Top-third NAICS industry by calendar-2024 contract dollars — code 621511 in Health Care and Social Assistance.

By PlainFedContract ·USAspending.gov source →

CY2024 awards: $415.6M
Corpus rank: #151 of 499
Award plate: MID
Sector: HEALTH · SLICE

Medical Laboratories federal industry awards

Medical Laboratories (NAICS 621511) ranks #151 of 499 tracked industries by calendar-2024 contract dollars at $415.6M.

PlainFedContract reports USAspending.gov calendar-2024 awards under NAICS 621511. Stamp board: MID · HEALTH · DRIFT. See /methodology/#naics.

Year-over-year change, 2019–2024

Across the calendar years on file, Medical Laboratories’s annual contract dollars fell from $528.8M in 2023 to $415.6M in 2024. 21.4% vs 2023 The strongest year on file is 2021 at $2.7B.

Medical Laboratories annual contract dollars, calendar 2019-2024

Calendar-year prime contract obligations by action date (award types A-D). Annual figures use the same NAICS classification basis as the CY2024 headline above.

Source: USAspending.gov spending_by_category

How Medical Laboratories leads the CY2024 industry award board

$415.6M · #151 of 499 by CY2024 industry awards , a top-third NAICS industry by calendar-2024 contract dollars (same board as the industries listing). See methodology.

$415.6M under NAICS 621511 · #151 of 499 , MID · HEALTH · SLICE · DRIFT. 2019→2024: 147→151 of 499 (0.064%→0.055% of tracked industry dollars) ; #8/26 in HEALTH. Nearest ABS peer: Translation at $411.0M (MID).

Calendar-2024 actions under NAICS 621511 count as opportunity size, not firm revenue. Sector weight sits in a mid band within HEALTH. Populations, lag, and NAICS/SBA rules: methodology.

Source: USAspending.gov · U.S. Department of the Treasury

Mega-scale industry peers nationwide

Cross-sector peers from the USAspending NAICS extract: nearest mega-scale calendar-2024 award dollars and nearest sector-weight share. Not recommendations.

Closest CY2024 award dollars

Translation and Interpretation Services $411.0M
Freight Transportation Arrangement $409.6M
Surveying and Mapping $423.9M
Wired Telecommunications Carriers $404.4M
All Other Miscellaneous Electrical Equipment $427.9M
Cheese Manufacturing $429.1M

Similar sector weight

Military Armored Vehicle 3.0% · $6.8B
Biological Product 3.0% · $918.9M
Nuclear Electric Power Generation 3.3% · $95.3M
All Other Personal Services 3.0% · $144.7M
All Other Support Services 3.3% · $2.1B
Industrial Building Construction 2.9% · $1.5B

Disclaimer: Data from USAspending.gov public records. For informational purposes only. Industry spending amounts are aggregated from contract awards and may not reflect the most current data. Always verify with official sources.

Next read: Top defense contractors guide · All industries · Top contractors

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from official public datasets. See our methodology for details. Compiled from USAspending.gov by the PlainFedContract editorial process.

Compiled by PlainFedContract, Government Agencies Editorial Process · August 14, 2026

Publisher	PlainFedContract
Sources	Public official public datasets