Market Size of Laboratory Proficiency Testing Industry
| 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 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 |
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Laboratory Proficiency Testing Market Size Summary
The laboratory proficiency testing market is poised for significant growth in the coming years, driven by several key factors. The emergence of the biosimilars market, increasing demand for packaged food products, and a heightened focus on water testing are central to this expansion. These areas require rigorous testing due to the presence of a wide range of inorganic and organic analytes, including both routine and toxic metals. Companies like Bio-Rad are at the forefront, continuously innovating testing programs that help laboratories adhere to international quality standards. Additionally, the market is bolstered by stricter safety regulations in the pharmaceutical and food industries, along with government initiatives aimed at raising awareness about the importance of proficiency testing.
The market is segmented by technology, with chromatography playing a crucial role due to its ability to perform complex separations, such as amino acid sequencing and pollutant separations. This technology enhances the safety, reliability, and transparency of the pharmaceutical supply chain by ensuring the strength, purity, quality, and potency of drug products. North America stands out as a key region, supported by a favorable regulatory environment and a skilled workforce, particularly in the U.S. and Canada. The region's status as a hub for pharmaceuticals, food and beverages, water and environment, and cosmetics industries further propels the market. The competitive landscape is characterized by the presence of major international players, including Bio-Rad Laboratories, Inc., FAPAS, LGC Limited, Merck KGaA, NSI Lab Solutions, QACS Ltd, Trilogy Analytical Laboratory, and Waters Corporation, which collectively drive the global market forward.
Laboratory Proficiency Testing Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Focus on Water Testing
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1.2.2 Emerging Biosimilars Market
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1.2.3 Increasing Demand for Packaged Food Products
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1.3 Market Restraints
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1.3.1 Dearth of Skilled Professionals
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Industry Type
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2.1.1 Clinical Diagnostics
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2.1.2 Microbiology
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2.1.3 Pharmaceuticals
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2.1.4 Biologics
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2.1.5 Others
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2.2 By Technology
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2.2.1 Polymerase Chain Reaction
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2.2.2 Immunoassays
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2.2.3 Chromatography
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2.2.4 Spectrometry
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2.2.5 Other Technologies
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle-East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle-East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Laboratory Proficiency Testing Market Size 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.
