Laboratory Proficiency Testing Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 6.20 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Laboratory Proficiency Testing Market Analysis
Proficiency testing compares the measuring results obtained by different laboratories. The market is anticipated to grow in the forecast period owing to driving factors such as emerging biosimilars market, increasing demand for packaged food products and increasing focus on water testing as it contains a wide range of inorganic and organic analytes including routine and toxic metals. Several companies such as Bio-Rad constantly introduce innovations in the testing programs. These programs are efficient and help the laboratories to maintain their quality according to standards set by international associations. Other factors, such as Increasing safety regulations for the pharmaceutical and food industry and rising government initiatives to increase awareness and is expected to drive the laboratory proficiency testing market in the forecast period.
Laboratory Proficiency Testing Market Trends
This section covers the major market trends shaping the Laboratory Proficiency Testing Market according to our research experts:
Chromatography Segment is Expected to Grow at the Highest CAGR During the Forecast Period
By Technology, the market has been segmented into polymerase chain reaction, immunoassays, chromatography, spectrometry, and other technologies. Chromatography is used to carry out difficult separations like amino acid sequencing or pollutant separations. There are several advantages associated with chromatographic testing such as improved safety, reliability, and transparency of the pharmaceutical supply chain by testing the strength, purity, quality, and potency of a drug product are the major factors driving the growth of this segment.
North America dominates the Laboratory Proficiency Testing Market
North American market is driven by multiple factors such as rising awareness regarding availability of superior quality laboratory proficiency testing programs along with favorable regulatory scenario, which support the growth of this market. Furthermore, developed economies such as the U.S. and Canada have skilled professionals, which drives the market. North America is hub for pharmaceuticals, food & beverages, water & environment, and cosmetics industries. Hence, the global laboratory proficiency testing is projected to surge in the forecast years.
Laboratory Proficiency Testing Industry Overview
The market stiudied is moderately competitive and consists most of the international players. Some of the major players in the laboratory proficiency testing market include Bio-Rad Laboratories, Inc., FAPAS (A Division of Fera Science Limited), LGC Limited, Merck KGaA, NSI Lab Solutions, QACS Ltd, Trilogy Analytical Laboratory and Waters Corporation, which provides these products across the globe.
Laboratory Proficiency Testing Market Leaders
Bio-Rad Laboratories, Inc.,
FAPAS
LGC Limited
Merck KGaA
Trilogy Analytical Laboratory
*Disclaimer: Major Players sorted in no particular order
Laboratory Proficiency Testing Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Increasing Focus on Water Testing
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4.2.2 Emerging Biosimilars Market
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4.2.3 Increasing Demand for Packaged Food Products
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4.3 Market Restraints
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4.3.1 Dearth of Skilled Professionals
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4.4 Porter's Five Forces Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Industry Type
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5.1.1 Clinical Diagnostics
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5.1.2 Microbiology
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5.1.3 Pharmaceuticals
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5.1.4 Biologics
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5.1.5 Others
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5.2 By Technology
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5.2.1 Polymerase Chain Reaction
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5.2.2 Immunoassays
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5.2.3 Chromatography
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5.2.4 Spectrometry
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5.2.5 Other Technologies
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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5.3.2 Europe
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5.3.2.1 Germany
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5.3.2.2 United Kingdom
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5.3.2.3 France
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5.3.2.4 Italy
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5.3.2.5 Spain
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5.3.2.6 Rest of Europe
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5.3.3 Asia-Pacific
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5.3.3.1 China
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5.3.3.2 Japan
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5.3.3.3 India
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5.3.3.4 Australia
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5.3.3.5 South Korea
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5.3.3.6 Rest of Asia-Pacific
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5.3.4 Middle-East and Africa
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5.3.4.1 GCC
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5.3.4.2 South Africa
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5.3.4.3 Rest of Middle-East and Africa
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5.3.5 South America
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5.3.5.1 Brazil
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5.3.5.2 Argentina
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5.3.5.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Bio-Rad Laboratories, Inc.
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6.1.2 FAPAS (A Division of Fera Science Limited)
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6.1.3 LGC Limited
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6.1.4 Merck KGaA
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6.1.5 NSI Lab Solutions
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6.1.6 QACS Ltd
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6.1.7 Trilogy Analytical Laboratory
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6.1.8 Waters Corporation
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Laboratory Proficiency Testing Industry Segmentation
As per the scope of the report, laboratory proficiency testing determines the performance of individual laboratories for specific tests or measurements and is used to monitor laboratories’ performance.
| By Industry Type | |
| Clinical Diagnostics | |
| Microbiology | |
| Pharmaceuticals | |
| Biologics | |
| Others |
| By Technology | |
| Polymerase Chain Reaction | |
| Immunoassays | |
| Chromatography | |
| Spectrometry | |
| Other Technologies |
| Geography | ||||||||
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Laboratory Proficiency Testing Market Research FAQs
What is the current Laboratory Proficiency Testing Market size?
The Laboratory Proficiency Testing Market is projected to register a CAGR of 6.20% during the forecast period (2024-2029)
Who are the key players in Laboratory Proficiency Testing Market?
Bio-Rad Laboratories, Inc.,, FAPAS, LGC Limited, Merck KGaA and Trilogy Analytical Laboratory are the major companies operating in the Laboratory Proficiency Testing Market.
Which is the fastest growing region in Laboratory Proficiency Testing Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Laboratory Proficiency Testing Market?
In 2024, the North America accounts for the largest market share in Laboratory Proficiency Testing Market.
What years does this Laboratory Proficiency Testing Market cover?
The report covers the Laboratory Proficiency Testing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Laboratory Proficiency Testing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Laboratory Proficiency Testing Industry Report
Statistics for the 2024 Laboratory Proficiency Testing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Laboratory Proficiency Testing analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
