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Laboratory Proficiency Testing Market Innovations, Applications, and Growth Trends, Forecast – 2028

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Laboratory Proficiency Testing Market Innovations, Applications, and Growth Trends, Forecast – 2028

December 05
09:02 2023
Laboratory Proficiency Testing Market Innovations, Applications, and Growth Trends, Forecast - 2028
LGC Limited (UK) holds the leading position in the laboratory proficiency testing market and offers a wide range of proficiency testing solutions through its flagship brand, AXIO.
The prominent players in the laboratory proficiency testing market are LGC Limited (UK), College of American Pathologists (US), Bio-Rad Laboratories (US), Merck KGaA (Germany), American Proficiency Institute (US), Randox Laboratories (UK), Fapas (Fera Science Ltd.) (UK)

The laboratory proficiency testing industry is poised for significant growth in the near future as advancements in technology and increased regulatory scrutiny continue to drive demand for accurate and reliable testing services across various sectors such as healthcare, environmental monitoring, food safety, and materials science. With the ever-expanding complexity of testing methodologies and the need for stringent quality control, proficiency testing providers will play a crucial role in ensuring the competence of laboratories worldwide. This industry is expected to witness a surge in innovation, automation, and global collaboration, ultimately contributing to enhanced precision and reliability in laboratory testing, which is vital for public health, safety, and product quality assurance in an increasingly interconnected and data-driven world.

Laboratory Proficiency Testing market in terms of revenue was estimated to be worth $1.2 billion in 2023 and is poised to reach $1.6 billion by 2028, growing at a CAGR of 7.4% from 2023 to 2028 according to a latest report published by MarketsandMarkets™.

Increasing stringent safety and quality regulations for food and pharmaceutical products, increasing focus on water testing and increasing number of laboratory accreditations are the major factors driving the growth of the laboratory proficiency market. Due to the mandatory requirement for laboratories operating in various regulated industries, such as those directed by organizations like CLIA, APLAC, and CLSI, the proficiency testing market is anticipated to experience substantial growth in the upcoming forecast period. However, the requirement of high capital investments for accurate and sensitive testing is expected to restrain the growth of this market during the forecast period. The considerable opportunities in the market are technological advancements in the testing industry and growing opportunities in emerging countries, increasing adoption of proficiency tests for food adulteration while some crucial challenges are the need for proficiency testing scheme harmonization, dearth of skilled professionals and logistical and data interpretation challenges.

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=144227949

Laboratory Proficiency Testing market major players covered in the report, such as:

  • LGC Limited (UK)
  • College of American Pathologists (US)
  • Bio-Rad Laboratories (US)
  • Merck KGaA (Germany)
  • American Proficiency Institute (US)
  • Randox Laboratories (UK)
  • Fapas (Fera Science Ltd.) (UK)
  • Waters Corporation (US)
  • QACS (Greece)
  • Weqas (UK)
  • AOAC INTERNATIONAL (US)
  • Bipea (France)
  • SPEX CertiPrep (US)
  • Absolute Standards Inc. (US)
  • Trilogy Analytical Laboratory (US)
  • Advanced Analytical Solutions (US)
  • American Industrial Hygiene Association (US)
  • Matrix Sciences (US)
  • Aashvi Proficiency Testing & Analytical Services (India)
  • Global Proficiency (New Zealand)
  • The Emerald Test (US)
  • FLUXANA GmbH & Co. KG (Germany)
  • Phenova Inc. (US)
  • FARE Labs (India)
  • Go Plus Services SDN BHD (Malaysia)
  • Muva Kempten GmbH (Germany)
  • and Among Others

Buy a Laboratory Proficiency Testing Industry Report (401 Pages PDF with Insightful Charts, Tables, and Figures): https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=144227949

This report categorizes the global laboratory proficiency testing market to forecast revenue and analyze trends in each of the following submarkets:

By Industry

  • Clinical Diagnostics
    • Clinical Chemistry
    • Immunoassay/immunochemistry
    • Hematology
    • Molecular diagnostic
    • Cytology
    • Other Clinical Diagnostics
  • Microbiology
    • Pathogen Testing
    • Sterility Testing
    • Endotoxin & Pyrogen Testing
    • Growth Promotion Testing
    • Other Microbial Testing
  • Food & Animal Feed
    • Meat & Meat Products
    • Vegetables & Fruits
    • Dairy Products
    • Fish
    • Egss
    • Fat/oil
    • Other Food & Animal Feed
  • Commercial Beverages
    • Non-Alcoholic Beverages
    • Alcoholic Beverages
  • Environmental
  • Pharmaceuticals
    • Branded/Innovator Drugs
    • Generic Drugs
    • Over-THE -Counter Drugs
    • Biosimilars
  • Water
  • Nutraceuticals                  
  • Biologics                              
    • Monoclonal Antibodies
    • Vaccines
    • Blood
    • Tissue
  • Cannabis/Opioids                           
    • Potency Testing
    • Terpene Profiling
    • Residual Solvents
    • Pesticide Screening
    • Heavy Metal Testing
    • Other Cannabis/Opioids Testing
  • Dietary Supplements                    
  • Cosmetics                          
    • Trace Elements
    • Other Cosmetic Testing  

By Technology

  • Cell Culture
  • PCR
  • Immunoassays
  • Chromatography
  • Spectrophotometry
  • Others

By Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • ROE
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • RoPAC
  • Latin America
  • Middle East & Africa

Request for FREE Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=144227949

The key stakeholders in the Laboratory Proficiency Testing market include:

  • Healthcare analytical testing service providers
  • Laboratory proficiency testing service providers
  • Hospitals and clinical diagnostic laboratories
  • Pharmaceutical & biotechnology companies
  • Contract research organizations (CROs)
  • Food & animal feed testing service providers
  • Water and environmental testing companies
  • Cannabis/opioid testing service providers
  • Commercial beverages and cosmetics testing companies
  • Venture capitalists and investors
  • Group purchasing organizations (GPOs)
  • Research institutes and government organizations
  • Market research and consulting firms
  • Contract manufacturing organizations (CMOs)

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/laboratory-proficiency-testing-market-144227949.html

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