Laboratory Proficiency Testing Market Size, Share & Trends: Report 2029

 The laboratory proficiency testing market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the laboratory proficiency testing market will project a CAGR of 6.80% for the forecast period of 2022-2029.

"Laboratory Proficiency Testing Market report can be structured well with the blend of top attributes such as highest level of spirit, practical solutions, committed research and analysis, innovation, talent solutions, integrated approaches, most up-to-date technology and dedication. Further, strategic planning supports in improving and enhancing the products with respect to customer’s preferences and inclinations. The report comprises of all the market shares and approaches of the major competitors or the key players in the  industry. Moreover, this market report also brings into the focus various strategies that have been used by other key players of the market or  industry.

For the growth of business, Laboratory Proficiency Testing Market report has a lot to offer and hence it plays a very important role in growth. It describes thorough study of current situation of the global market along with several market dynamics. Being a premium market research report, this business report works as an innovative solution for the businesses in today’s revolutionizing market place. This market report gives the best outcome because it is structured with a nice blend of advanced industry insights, practical solutions, talent solutions and latest technology. Laboratory Proficiency Testing Market report takes into account plentiful aspects of the market analysis which many businesses demand.

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Laboratory proficiency testing is a type of testing that is carried out to ensure that individual laboratories perform as expected for specific tests or measurements. PCR, cell culture, immunoassays, chromatography, and other technologies are among the technologies used in laboratory proficiency.

The factors such as growth in the biosimilars market and increasing demand for the water testing are the major factors fostering the growth of the laboratory proficiency testing market in the forecast period of 2022 to 2029. Additionally, the growing demand for the packaged food products and the strict safety and quality regulations for food and pharmaceutical products are other important factors acting as laboratory proficiency testing market growth determinants. Moreover, the increasing number of cannabis testing laboratories are estimated to accelerate the overall growth of the market in the forecast period of 2022 to 2029. However, the high investment cost associated with the accurate and sensitive testing is supposed to hamper the market’s growth. The lack of skilled and trained professionals is also projected to impede the overall growth of the market.

Laboratory Proficiency Testing Market Country Level Analysis

North America region dominates the laboratory proficiency testing market and will continue to flourish its trend of dominance during the forecast period owing to the strict regulations associated with the laboratory operations and availability of many manufacturers within the region in the forecast period of 2022 to 2029. Asia-Pacific, on the other hand is expected to show lucrative growth due to the regulatory stringency regarding laboratory operations set up by authoritative bodies in the region.

The country section of the laboratory proficiency testing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the Laboratory Proficiency Testing Market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Laboratory Proficiency Testing Market.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Laboratory Proficiency Testing Market Landscape

Part 04: Global Laboratory Proficiency Testing Market Sizing

Part 05: Global Laboratory Proficiency Testing Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

This study answers to the below key questions:

  1. What are the key factors driving the Laboratory Proficiency Testing Market?
  2. What are the challenges to market growth?
  3. Who are the key players in the Laboratory Proficiency Testing Market?
  4. What are the market opportunities and threats faced by the key players?

Some of the major players operating in the laboratory proficiency testing market report are:

  1. LGC Limited
  2. Randox Laboratories Ltd.
  3. Bio-Rad Laboratories Inc.
  4. Merck KGaA
  5. Waters Corporation.
  6. QACS
  7. AOAC International
  8. Weqas
  9. BIPEA
  10. NSI Lab Solutions
  11. Absolute Standards Inc.
  12. TRILOGY ANALYTICAL LABORATORIES.
  13. Fera Science Limited (“Fera”).
  14. ATCC
  15. FLUXANA GmbH & Co. KG
  16. NEOGEN CORPORATION

By Industry Type (Clinical Diagnostics, Microbiology, Pharmaceuticals, Biologics, Cosmetics, Cannabis/Opioids, Food and Animal Feed, Commercial Beverages, Water, Environmental, Dietary Supplements, Nutraceuticals), Technology (Spectrophotometry, Chromatography, ELISA, PCR, Cell Culture, Immunoassays, Other), End-User (Hospitals, Contract Research Organizations, Pharmaceutical and Biotechnology Companies, Academic Research, Diagnostic Laboratories, Independent Laboratories, Speciality Laboratories)

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