Laboratory Proficiency Testing Market Size Worth $2.30 Billion By 2032 | CAGR: 6.4%

The global laboratory proficiency testing market size is expected to reach USD 2.30 billion by 2032, according to a new study by Polaris Market Research. The report “Laboratory Proficiency Testing Market Share, Size, Trends, Industry Analysis Report, By Industry (Clinical Diagnostics, Cannabis, Microbiology, Others), By Technology (Cell Culture, PCR, Others), By End-use (CROs, Hospitals, Others), By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

End-use industries operate within stringent regulatory frameworks and accreditation standards. This is expected to fuel the demand for laboratory proficiency testing in the foreseeable future. Engaging in proficiency testing programs enables laboratories to showcase their adherence to these standards and regulatory requirements. By demonstrating their compliance, laboratories assure the accuracy and reliability of their evaluation procedures. This, in turn, contributes to the overall growth of the market as industries prioritize robust testing practices to meet regulatory expectations and maintain the highest quality standards.

Government initiatives aimed at improving healthcare services, including diagnostics and related products, are driving the increased adoption of proficiency testing (PT) across various industries. For instance, standards like the Cannabis Laboratory Accreditation Program (CanNaLAP) outline the significance of PT in laboratory practices, detailing the types of samples suitable for testing and the essential considerations for results.

Additionally, state governments regularly inspect cannabis production facilities, with organizations like the American Council of Independent Laboratories (ACIL) collaborating with federal agencies to establish standards and protocols for handling, sampling, testing, and inspecting cannabis products. Key market players are implementing strategies such as agreements, mergers & acquisitions, partnerships, and product launches to expand their global presence and enhance their product portfolios.

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Accurate testing services play a crucial role in ensuring product quality, safety, and public health. Proficiency testing serves as a valuable tool for laboratories to identify and rectify any deficiencies in their evaluation processes, thereby minimizing the risk of generating unreliable data. For instance, KD Pharma Bexbach's Quality Control team in Germany, which secured the top position in the prestigious AOCS Laboratory Proficiency Program for GOED Nutraceutical Oils in November 2022. This recognition underscores the team's exceptional competence in laboratory evaluation, demonstrating a steadfast commitment to maintaining high-quality control standards and meeting industry benchmarks.

Laboratory Proficiency Testing Market Report Highlights

• Cell culture segment accounted for the largest share, owing to its use in identifying microbes
• Hospitals segment held the largest share, driven by increasing trend of outsourcing services in the healthcare sector
• North America garnered the largest share, well developed clinical infrastructure, and innovations in the proficiency testing
• The key market players include Absolute Standards, Bio-Rad Laboratories, BIPEA, INSTAND, LGC Limited, Merck, NSI Lab Solutions, Randox Laboratories & Weqas

Polaris Market Research has segmented the laboratory proficiency testing market report based on industry, technology, end use, and region:

Laboratory Proficiency Testing, Industry Outlook (Revenue - USD Billion, 2019 - 2032)

• Clinical Diagnostics
  • Clinical chemistry
  • Immunochemistry
  • Hematology
  • Oncology
  • Molecular Diagnostics
    • PCR
    • Others
  • Coagulation
  • Others
• Pharmaceuticals
  • Biological Products
    • Vaccines
    • Blood
    • Tissues
  • Others
• Microbiology
  • Pathogen Testing
  • Sterility Testing
  • Endotoxin & Pyrogen Testing
  • Growth Promotion Testing
  • Others
• Cannabis
  • Medical
  • Non-Medical
• Others

Laboratory Proficiency Testing, Technology Outlook (Revenue - USD Billion, 2019 - 2032)

• Cell Culture
• Spectrometry
• Polymerase Chain Reaction
• Chromatography
• Immunoassays
• Others

Laboratory Proficiency Testing, End Use Outlook (Revenue - USD Billion, 2019 - 2032)

• Hospitals
• Contract Research Organizations
• Pharmaceutical & Biotechnology Companies
• Academic & Research Institutes
• Laboratories
  • Independent Laboratories
  • Specialty Laboratories

Laboratory Proficiency Testing, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Laboratory Proficiency Testing Market Report Scope