U.S. Office-based Labs Market Size, Share & Trends Analysis Report By Modality (Single Specialty, Multi-Specialty), By Service (Cardiac, Endovascular Intervention, Venous), By Specialist, And Segment Forecasts, 2025 - 2033
The U.S. office-based labs market size was estimated at USD 13.90 billion in 2024 and is expected to reach an estimated value of USD 35.21 billion by 2033, growing at a CAGR of 11.16% from 2025 to 2033. Growing preference for office-based labs by patients in the U.S. in recent years and the increasing trend of performing surgical interventions in outpatient settings are among key factors driving the market growth. Office-based labs (OBLs) are playing a vital role in transforming the healthcare delivery system and are supporting the growth of medical devices, equipment, and other products.The rapidly transitioning healthcare delivery scenario is driving key market players to transform their business models to achieve maximum benefit from ongoing transition.
The rising number of cardiovascular and radiological procedures in the U.S. is a significant growth driver for the office-based labs (OBLs) market. Cardiovascular disease remains the leading cause of death in the U.S. A report from the 2024 Heart Disease and Stroke Statistics indicates that nearly half of the U.S. population (48.6%) has some form of cardiovascular disease, including coronary heart disease, heart failure, stroke, and high blood pressure. This growing disease burden is translating into an increased demand for diagnostic and interventional procedures, thereby supplementing market growth.
Peripheral artery disease in particular is fueling demand for outpatient interventional care. According to the American Heart Association report published in 2022, peripheral artery disease (PAD) affected approximately 8.5 million people aged 40 and in the U.S. Peripheral artery disease often requires minimally invasive vascular interventions, such as angioplasty, atherectomy, or stenting, which are increasingly being performed in outpatient settings.
U.S. Office-based Labs Market Report Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the U.S. office-based labs market report based on service, modality, and specialist:
Services Outlook (Revenue, USD Million, 2021 - 2033)
Peripheral Vascular Intervention
Atherectomy
Vascular Angioplasty
Stenting
Other PVI
Endovascular Interventions
Cardiac
Interventional radiology
Uterine Fibroid Embolization (UFE)
Prostate Artery Embolization (PAE)
Y90/Oncology
Other IR
Venous
RFA (Radiofrequency Ablation) and EVLT (Endovenous Laser Therapy)
Sclerotherapy/Glue
Venous Stenting
Other Deep Vein
Others
Services Outlook (Number of Procedures, 2021 - 2033)
Peripheral Vascular Intervention
Atherectomy
Vascular Angioplasty
Stenting
Other PVI
Endovascular Interventions
Cardiac
Interventional radiology
Uterine Fibroid Embolization (UFE)
Prostate Artery Embolization (PAE)
Y90/Oncology
Other IR
Venous
RFA (Radiofrequency Ablation) and EVLT (Endovenous Laser Therapy)
Sclerotherapy/Glue
Venous Stenting
Other Deep Vein
Others
Modality Outlook (Revenue, USD Million, 2021 - 2033)
Single Specialty
Multi-Specialty
Hybrid
Specialist Outlook (Revenue, USD Million, 2021 - 2033)
Vascular Surgeons
Interventional Cardiologists
Interventional Radiologists
Others
Chapter 01 Methodology And Scope
1.1 Market Segmentation & Scope
1.2 Segment Definitions
1.2.1 Estimates And Forecast Timeline
1.3 Research Methodology
1.3.1 Information Procurement
1.3.1.1 Purchased Database
1.3.2 Gvr's Internal Database
1.3.2.1 Secondary Sources
1.3.2.2 Primary Research
1.4 Information Or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Three Pillars Of Market Estimation
1.6.1.1 Secondary Market Research
1.6.1.2 Primary Market Intelligence
1.6.1.2.1. In-Depth Interviews (Idis)
1.6.1.2.2. Online Survey Program
1.6.2 Market Modeling & Forecasting
1.6.2.1 Procedure Volume Estimation (2021-2024)
1.6.2.2 Average Cost Estimation (2021-2024)
1.6.2.3 Forecasting (2025-2033)
1.6.2.4 Segment Share Analysis
1.7 List Of Secondary Sources
1.8 List Of Abbreviations
1.9 Objectives
1.9.1 Objective - 1
1.9.2 Objective - 2
1.9.3 Objective - 3
Chapter 02 Executive Summary
2.1 Market Snapshot
2.2 Market Segmentation
2.3 Market Segmentation
2.4 Competitive Landscape
Chapter 03 Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.1.2 Ancillary Market Outlook
3.2 Market Dynamics
3.2.1 Market Driver Analysis
3.2.1.1 Increasing Volume Of Cardiovascular And Radiological Procedures
3.2.1.1.1. Case Study: Peripheral Vascular Interventions For Peripheral Artery Disease (Pad) In Office-Based Labs
3.2.1.2 Growing Preference For Office-Based Labs Over Hospitals
3.2.1.2.1. Case Study: Trends In Peripheral Vascular Interventions And The Rise Of Office-Based Laboratories In The U.S.
3.2.1.2.2. Case Study: Utilization Patterns And Outcomes Of Pad Procedures In Office-Based Labs Versus Hospitals.
3.2.1.3 Advancing Technology And Rising Preference For Minimally Invasive Procedures
3.2.2 Market Restraint Analysis
3.2.2.1 High Risk Option For Severe Cases
3.2.2.2 High Capital Investment And Operational Costs
3.2.3 Market Opportunity Analysis
3.2.3.1 Strategic Partnerships And Physician Ownership
3.2.4 Market Challenges Analysis
3.2.4.1 Competitive Pressure From Ambulatory Surgical Centers (Ascs) And Hospital Outpatient Departments (Hopds)