Laboratory Technologies
Laboratory Technologies, Inc. (LTI) designs and manufactures nuclear medicine instrumentation — gamma counters, wipe test counters, and CBRN decontamination products — at its Illinois facility since 1983 for hospitals, pharmacies, research labs, and emergency services in 43+ countries.
- Company typePrivate
- Founded1983
- HeadquartersElburn, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Laboratory Technologies does
Laboratory Technologies, Inc. (LTI), founded in 1983 in Elburn, Illinois by lead engineer Donald Oesterlin, designs, engineers, and manufactures nuclear medicine instrumentation and CBRN decontamination products in the United States. The company's flagship product lines are gamma counters — including the Genesys™ family (current Genesys Genii, legacy Genesys 5000 now retired), the Multi-Wiper™ (the first multi-well gamma counter designed specifically for nuclear medicine departments, released 2003), and the Wiper Gold wipe test counter — all built on a 100% solid-state architecture with no moving parts, manufactured and engineered in-house at the Illinois facility. A parallel decontamination portfolio (S4FE-D® Decon, S4FE-D® DRK Kit, Home Isolation Kit, Feline Isolation Kit) addresses spill response and contamination control for radioactive, hazardous drug, chemical, and biological incidents. Supporting software (LTI Capture™) handles data capture and classical statistical curve fitting (linear, semi-log, log-logit, 4PL/5PL, cubic spline, percent-bound) for RIA and gamma-counting research workflows.
The business sells high-margin capital equipment plus recurring service contracts, with pricing conducted through consultative quote-based selling rather than list pricing — customers are asked to specify samples per week, isotope mix, throughput, and existing logging workflows before receiving a configuration-specific quote. Revenue streams span hardware sales (instruments and decontamination kits), recurring service and support, and bundled software. Customers include hospital nuclear medicine departments, nuclear and hospital pharmacies, radiopharmaceutical manufacturers, cancer centers, university medical centers, VA hospitals, U.S. Army medical facilities, research institutions, and EMS / first responders. The company operates a hybrid direct-sales-plus-distributor model: an in-house engineering-led sales team handles consultative specs in the US and direct international accounts, while a global distributor network extends reach to more than 43 countries. The company is privately held, has been continuously family-owned across three generations of the Oesterlin family, currently has 11-50 employees, and discloses no external funding, no revenue figures, and no M&A history.
Laboratory Technologies firmographics
Firmographics- Name
- Laboratory Technologies
- Legal name
- Laboratory Technologies, Inc.
- Website
- https://store.labtechinc.com
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Laboratory Technologies, Inc. (LTI) designs and manufactures nuclear medicine instrumentation — gamma counters, wipe test counters, and CBRN decontamination products — at its Illinois facility since 1983 for hospitals, pharmacies, research labs, and emergency services in 43+ countries.
- Ownership category
- akta.pro rank
Laboratory Technologies industry classification
Industry- Product category
- Nuclear Medicine Instrumentation
- NAICS
- Analytical Laboratory Instrument Manufacturing (334516)
- SIC
- Laboratory Analytical Instruments (3826)
- akta.pro primary industry
- Lab Safety, PPE & Contamination Control (Hoods, Biosafety Cabinets, Clean Air) (HLAGAIAK)
- akta.pro secondary industries
- CBRN Detection, Protection & Decontamination Systems (IMABAOAO), Radiation Measurement, Dosimetry & Monitoring Services (Personal/environmental dosimetry, calibration labs) (EUAKAIAH)
Keywords
Where Laboratory Technologies is headquartered
LocationHeadquarters
- HQ city
- Elburn
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Laboratory Technologies business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- Nuclear Instrumentation Hardware: Laboratory Technologies generates revenue primarily from the sale of gamma counting instruments and wipe test counters. Products include Multi-Wiper™, Wiper Gold, Genesys™ Counters, and LTI Capture™. These are capital equipment purchases with instruments built to last 40+ years in the field.
- Decontamination Products: Sale of CBRN decontamination products including S4FE-D® Decon, S4FE-D® DRK Kit, Home Isolation Kit, and Feline Isolation Kit. These products serve nuclear medicine departments, hospital pharmacies, and emergency services for spill response and contamination removal.
- Service and Support: The company provides service and support for nuclear medicine programs, with a dedicated support team staffed by the people who built the instruments. Revenue from ongoing service contracts and support services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom configuration-based pricing |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Laboratory Technologies product offering
Product offeringCore offering
Laboratory Technologies designs, manufactures, and services gamma counting instruments and wipe test counters for nuclear medicine departments, nuclear and hospital pharmacies, and research laboratories. The company also produces CBRN decontamination products and isolation kits used by emergency services and patient care settings for radioactive and hazardous drug spill response.
Product overview
Laboratory Technologies offers a portfolio of nuclear medicine instrumentation and CBRN decontamination products. The core product line consists of gamma counters (Genesys™ family, Multi-Wiper™, Wiper Gold) used for contamination monitoring in nuclear medicine departments, pharmacies, and research laboratories. Supporting products include LTI Capture™ software for data management. A parallel decontamination product line (S4FE-D® Decon, DRK Kit, Home Isolation Kit, Feline Isolation Kit) serves nuclear/hospital pharmacy, EMS, and emergency services for CBRN spill response. All instruments feature 100% solid-state architecture with no moving parts, designed and manufactured at the Illinois facility since 1983.
Differentiator
Problem solved
Functional benefit
Brands
- Multi-Wiper™: Multi-well gamma counter designed specifically for nuclear medicine departments
- Wiper Gold
- Genesys™ Counters
- LTI Capture™
- S4FE-D® Decon
- S4FE-D® DRK Kit
Products and services
- Multi-Wiper™ The first multi-well gamma counter designed specifically for nuclear medicine departments, providing high-throughput contamination monitoring for hot lab wipe surveys and weekly area surveys.
- Wiper Gold A wipe test counter designed for nuclear medicine contamination control, providing reliable detection of radioactive contamination in hot labs.
- Genesys™ Counters Family of gamma counters including the current Genesys Genii model featuring 100% solid-state architecture with no moving parts, built for clinical and research lab environments.
- LTI Capture™ Data capture software for Laboratory Technologies gamma counter instruments, enabling results logging and analysis with curve-fitting and statistical analysis features.
- S4FE-D® Decon Decontamination product for CBRN (Chemical, Biological, Radiological, Nuclear) response, designed for removing radioactive and hazardous drug contamination in hospital and emergency settings.
- S4FE-D® DRK Kit (Decon Response Kit) Emergency decontamination response kit for first responders handling radioactive or hazardous drug spills during CBRN incidents.
- Home Isolation Kit (Patient Isolation Kits) Isolation kit for home care of patients undergoing nuclear medicine treatment, designed to prevent contamination spread to family members and home environments.
- Feline Isolation Kit Specialized isolation kit for veterinary nuclear medicine applications involving cats, containing radioactive or hazardous materials.
Quantifiable outcome
- Instruments operating reliably for 40+ years
- +1 more outcomes
Companies that use Laboratory Technologies
Customer profileSegments4 records
Ideal customer profiles4 records
Laboratory Technologies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Laboratory Technologies partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights5 records
Laboratory Technologies competitors and assessment
Company assessmentBroad incumbents
- Bruker: Bruker manufactures a broad array of analytical and radiation measurement instruments serving life science, pharma, and research markets. While more diversified than LTI, it is a comparable analytical instrument manufacturer with adjacent product categories.
- GE HealthCare: GE HealthCare offers a broad portfolio of nuclear medicine imaging (SPECT, PET) and radiopharmacy workflow tools. While primarily an imaging incumbent, it influences nuclear medicine budget allocation relevant to gamma counter purchases.
- Siemens Healthineers: Siemens Healthineers is a global incumbent in medical imaging including nuclear medicine (SPECT, PET/CT). It does not directly compete with LTI's counters but shapes customer capital equipment strategy in the same hospital departments.
- Philips Healthcare: Philips Healthcare is a major incumbent across diagnostic imaging, including nuclear medicine suites. It is a thematically relevant broad incumbent whose nuclear medicine footprint shapes end-market demand.
Direct peers
- Capintec: Capintec specializes in dose calibrators, radiation measurement, and nuclear medicine accessory equipment used by radiopharmacies and hospitals. It is a direct adjacent peer in the nuclear medicine instrumentation buying cycle.
- LabLogic Systems: LabLogic designs and manufactures instrumentation, software, and consumables for radiochemistry, PET, and nuclear medicine workflows, including radio-TLC and gamma counting tools. It competes with LTI in serving nuclear pharmacy and research customers.
- Revvity (formerly PerkinElmer): Revvity operates the legacy PerkinElmer life-sciences and diagnostics portfolio, including the historical Wallac gamma counter product line used in RIA and nuclear medicine research. It is the most direct comparable to LTI's gamma counter business.
- Hidex: Hidex is a Finnish manufacturer of microplate-based gamma counters, beta counters, and luminescence readers used in research and nuclear medicine laboratories. Its Triathler and Automatic Gamma Counter lines overlap directly with LTI's Genesys and Multi-Wiper offerings.
- Mirion Technologies: Mirion (which absorbed Canberra Industries) provides radiation detection, dosimetry, and nuclear measurement solutions across medical, defense, and research markets. Its radiation measurement instruments overlap with LTI's gamma counting product line.
- Berthold Technologies: Berthold manufactures a portfolio of gamma counters (e.g., LB 2111, LB 500), luminescence counters, and radiation measurement instruments used in nuclear medicine and life-science research, directly competing with LTI's gamma counter and wipe test counter lines.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Laboratory Technologies social profiles
Digital presenceLaboratory Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Laboratory Technologies leadership team
Management profileNumber of profiles
Profiles2 records
Laboratory Technologies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Laboratory Technologies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Laboratory Technologies
What does Laboratory Technologies do?
Laboratory Technologies designs, manufactures, and services gamma counting instruments and wipe test counters for nuclear medicine departments, nuclear and hospital pharmacies, and research laboratories. The company also produces CBRN decontamination products and isolation kits used by emergency services and patient care settings for radioactive and hazardous drug spill response.
Is Laboratory Technologies a public or private company?
Laboratory Technologies is a private company. It is classified as family owned and is currently operating.
When was Laboratory Technologies founded?
Laboratory Technologies was founded in 1983. It employs 11 to 50 people.
Where is Laboratory Technologies based?
Laboratory Technologies is headquartered in Elburn, United States, in the North America region.
How does Laboratory Technologies make money?
Three revenue lines are on record. Nuclear Instrumentation Hardware is the primary driver. The others are decontamination Products and service and Support.
Who are Laboratory Technologies's main competitors?
Broad incumbents on record are Bruker, GE HealthCare, Siemens Healthineers and Philips Healthcare. Direct peers are Capintec, LabLogic Systems, Revvity (formerly PerkinElmer), Hidex, Mirion Technologies and Berthold Technologies.
Does Laboratory Technologies have an API?
No public API is recorded for Laboratory Technologies.
What industry is Laboratory Technologies in?
Laboratory Technologies's product category is Nuclear Medicine Instrumentation. Its primary akta.pro industry code is HLAGAIAK, Lab Safety, PPE & Contamination Control (Hoods, Biosafety Cabinets, Clean Air), with a secondary code of IMABAOAO, CBRN Detection, Protection & Decontamination Systems. Its NAICS code is 334516 and its SIC code is 3826.