The global laboratory proficiency testing market is expected to exhibit a growth rate (CAGR) of 6.8% during 2023-2028.
Laboratory proficiency testing, or external quality assessment (EQA), refers to the tests conducted for determining and measuring the performance of independent laboratories. It involves quantitative, qualitative, sequential, simultaneous, single occasion and continuous testing, sampling, data transformation and interpretation. The tests are usually conducted to provide accreditation and ensure the optimum performance of these laboratories. The results obtained from different laboratories are compared to each other for elaborate comparative analysis. As a result, the testing solutions find extensive applications across various industries, including food and beverage, medical, cosmetics and pharmaceutical.
Significant growth in the pharmaceutical industry across the globe is one of the key factors creating a positive outlook for the market. Laboratory proficiency testing is widely used in the manufacturing of generic and biosimilar drugs and eliminate chemical residual solvents in prescription opioids. Furthermore, the increasing instances of chemical contamination in food products are providing a thrust to the market growth. Various food safety and regulatory authorities are implementing stringent policies for maintaining the quality standards in ready-to-eat (RTE) and packaged food products. The tests are conducted using polymerase chain reaction, immunoassay, chromatography and spectrometry technologies for pathogen, endotoxin, pyrogen and other microbial testing. In line with this, the increasing requirement for microbial water quality analysis is also favoring the market growth. Other factors, including various technological advancements, such as the utilization of fully automated instruments for proficiency testing in laboratories, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global laboratory proficiency testing market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on industry, technology and end use.
Breakup by Industry:
- Clinical Diagnostics
Breakup by Technology:
- Cell Culture
- Polymerase Chain Reaction
Breakup by End Use:
- Contract Research Organizations
- Pharmaceutical and Biotechnology Companies
- Academic Research
- Diagnostic Laboratories
- Independent Laboratories
- Specialty Laboratories
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Absolute Standards Inc., American Proficiency Institute, AOAC International, Bio-Rad Laboratories Inc., BIPEA, FAPAS, LGC Limited, Merck KgaA, NSI Lab Solutions, QACS - The Challenge Test Laboratory, Randox Laboratories Limited, Waters Corporation and Weqas.
|Base Year of the Analysis
||Industry, Technology, End Use, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Absolute Standards Inc., American Proficiency Institute, AOAC International, Bio-Rad Laboratories Inc., BIPEA, FAPAS, LGC Limited, Merck KgaA, NSI Lab Solutions, QACS - The Challenge Test Laboratory, Randox Laboratories Limited, Waters Corporation and Weqas
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Key Questions Answered in This Report:
- How has the global laboratory proficiency testing market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global laboratory proficiency testing market?
- What are the key regional markets?
- What is the breakup of the market based on the industry?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global laboratory proficiency testing market and who are the key players?
- What is the degree of competition in the industry?