Laboratory Proficiency Testing Market Outlook
Laboratory proficiency testing consists of qualitative, quantitative, sequential, simultaneous data transformation and interpretation, and continuous testing. It is conducted to determine and measure the performance of independent laboratories against pre-established criteria.
The global laboratory proficiency testing market is expected to exhibit a CAGR of 7.07% during 2022-2027. Looking forward, IMARC Group expects the global laboratory proficiency testing market to continue its robust growth during the forecast period (2022-2027).
Laboratory proficiency testing also helps ensure the optimum performance of laboratories and provides accreditation. As a result, it is witnessing huge applications across the medical, food and beverage (F&B), medical, cosmetics, and pharmaceutical industries.
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Laboratory Proficiency Testing Market Trends:
The stringent quality and safety regulations imposed by the governments of various nations on the F&B industry is one of the prime factors driving the market growth. Additionally, the rising focus on water testing and the rapid expansion of the pharmaceutical industry are other growth-inducing factors. In line with this, laboratory proficiency testing is mainly used in the manufacturing of generic drugs to eliminate chemical residual solvents in prescription opioids, thus supporting the market growth. Apart from this, the development of new, fast, and accurate proficiency testing solutions by key players and the growing need for early diagnostics are creating a positive outlook for the market.
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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Absolute Standards Inc.
- American Proficiency Institute
- AOAC International
- Bio-Rad Laboratories Inc.
- LGC Limited
- Merck KgaA
- NSI Lab Solutions
- QACS – The Challenge Test Laboratory
- Randox Laboratories Limited
- Waters Corporation
Key Market Segmentation:
The 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 & Biotechnology Companies
- Academic Research
- Diagnostic Laboratories
- Independent Laboratories
- Specialty Laboratories
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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