Laboratory Proficiency Testing Market to Grow with a CAGR of 6.85% through 2028
Rising advancements in technology is expected to drive
the Global Laboratory Proficiency Testing Market growth in the forecast period,
2024-2028.
According to TechSci Research report, “Laboratory
Proficiency Testing Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global Laboratory
Proficiency Testing Market stood at USD 1.09 billion in 2022 and is anticipated
to grow with a CAGR of 6.85% in the forecast period, 2024-2028. Laboratory
proficiency testing, also known as interlaboratory comparison or external
quality assessment, has become an essential component of quality assurance and
regulatory compliance in various industries, ranging from healthcare and
pharmaceuticals to food and beverages and environmental testing. Technology has played a pivotal role in the growth of
the Laboratory Proficiency Testing Market. Digital platforms and software
solutions have made it easier for laboratories to participate in proficiency
testing programs. These technological advancements have streamlined the process
of result submission, data analysis, and feedback, making it more convenient
and accessible for laboratories of all sizes and capabilities. Moreover,
automation and robotics have improved the efficiency and accuracy of laboratory
testing processes. This has resulted in more reliable and consistent results,
making proficiency testing an even more valuable tool for laboratory quality
control.
One of the primary drivers propelling the Laboratory
Proficiency Testing Market is the increasing stringency of regulatory
requirements across different sectors. Regulatory bodies, such as the Food and
Drug Administration (FDA) in the pharmaceutical industry and international
standards organizations like ISO, demand that laboratories participate in
proficiency testing programs to maintain their certifications and licenses.
The global economy's increasing interconnectedness and
the rise of international trade have further driven the demand for laboratory
proficiency testing. As businesses source products and services from various
corners of the world, standardization and reliability of testing methods become
paramount. Proficiency testing is a crucial tool for ensuring that products
meet the same quality and safety standards, regardless of their origin.
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The Global Laboratory Proficiency Testing Market is
segmented into Technology, Industry Type, Regional Distribution, And Company. Based on the Technology, Polymerase
Chain Reaction (PCR) technology emerged as the dominant segment in the global
market for Global Laboratory Proficiency Testing Market in 2022. Pandemic Preparedness: The
recent COVID-19 pandemic has underscored the importance of PCR technology in
rapid and accurate pathogen detection. The global demand for PCR-based testing
has surged during the pandemic, resulting in increased proficiency testing
requirements to ensure the reliability and consistency of COVID-19 testing.
This surge in demand for proficiency testing related to PCR is expected to
persist beyond the pandemic, as PCR remains central to infectious disease
testing. PCR technology finds applications beyond clinical diagnostics,
including research, food safety, environmental testing, and forensics.
Proficiency testing is essential in these areas as well, ensuring the accuracy
of results, data comparability, and overall quality control. The broad range of
applications of PCR contributes to its high demand in proficiency testing. PCR
technology continues to evolve with ongoing technological advancements, leading
to improvements in sensitivity, specificity, and multiplexing capabilities.
Proficiency testing programs are essential to keep laboratories up to date with
the latest PCR techniques and to ensure they can deliver the highest quality
and most accurate results, making PCR proficiency testing a dynamic and
evolving field.
Laboratories employing PCR technology,
especially those involved in clinical diagnostics, are subject to stringent
regulatory standards and quality control measures. Proficiency testing programs
serve as an essential element in meeting these standards, ensuring compliance
with regulations such as the Clinical Laboratory Improvement Amendments (CLIA)
in the United States. Compliance with regulatory requirements drives the demand
for PCR proficiency testing.
Based on the Industry Type, Clinical
Diagnostics emerged as the dominant segment in the global market for Global Laboratory
Proficiency Testing Market in 2022. In the clinical diagnostics field, patient
safety is of paramount importance. Errors in diagnostic testing can lead to
incorrect diagnoses and treatment decisions, posing a significant risk to
patient health. Proficiency testing is a crucial tool for minimizing such
errors and ensuring the reliability and precision of test results, ultimately
safeguarding patient safety. Clinical diagnostics encompasses a wide array of
testing parameters, from blood chemistry and microbiology to molecular
diagnostics and anatomical pathology. The diversity of tests and methods
utilized in clinical diagnostics necessitates proficiency testing programs that
cater to the specific needs of each parameter, further driving the demand for
these programs.
Clinical diagnostic laboratories often
handle a substantial volume of tests, ranging from routine screenings to
specialized diagnostic assays. The sheer scale of testing operations
necessitates robust quality assurance measures, with proficiency testing being
a critical element to ensure the consistency and accuracy of a large number of
tests conducted daily. The clinical diagnostics field continually evolves with
advances in diagnostic technologies, leading to new testing methods and
parameters. Proficiency testing programs help laboratories stay updated and
proficient in these emerging technologies and methodologies, ensuring they can
deliver the highest quality and most up-to-date diagnostic services.
North America emerged as the dominant
player in the global Laboratory Proficiency Testing Market in 2022, holding the
largest market share. North America has been at the forefront of technological
advancements in laboratory testing. The adoption of advanced technologies,
including molecular diagnostics, genomics, and automation, has bolstered the
demand for proficiency testing programs tailored to these cutting-edge
methodologies. Laboratories in North America seek to maintain their proficiency
in the latest technologies, making proficiency testing a crucial part of their
operations. North America is a hub for research and development across various
sectors, including pharmaceuticals, biotechnology, and materials science. These
research laboratories require proficiency testing services to validate their
methods, ensure the reliability of their results, and meet quality control
standards. The demand for proficiency testing in research-intensive sectors is
substantial.The laboratory proficiency testing market in North America spans a
wide range of applications, from clinical diagnostics to environmental testing,
food safety, and materials analysis. The diversity of applications drives
demand, as laboratories across different sectors rely on proficiency testing
programs to maintain the highest quality standards and regulatory compliance.
Major companies operating in Global Laboratory
Proficiency Testing Market are:
- Bio-Rad Laboratories, Inc.
- FAPAS (A Division of Fera Science
Limited)
- LGC Limited
- Merck KGaA
- NSI Lab Solutions
- QACS Ltd
- Trilogy Analytical Laboratory
- Waters Corporation
- BIPEA
- Absolute Standards, Inc.
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“The Global Laboratory
Proficiency Testing Market is poised for significant growth in the coming
years, driven by several key factors. With stringent regulatory standards
continuing to evolve across industries like healthcare, pharmaceuticals, and
food safety, the demand for proficiency testing services is set to rise as
businesses strive to meet these elevated quality and safety requirements.
Furthermore, the globalization of trade and the emphasis on consistent product
quality are compelling laboratories to maintain international standards through
proficiency testing. Technological advancements and the increasing need for
accurate and reliable testing methods further reinforce the market's growth
prospects..” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Laboratory Proficiency Testing Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By
Industry Type (Clinical Diagnostics, Microbiology, Pharmaceuticals, Biologics,
Others), By Technology (Polymerase
Chain Reaction, Immunoassays, Chromatography, Spectrometry, Other Technologies)
Region and Competition”, has evaluated the future growth potential of Global
Laboratory Proficiency Testing Market and provides statistics & information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in
Global Laboratory Proficiency Testing Market.
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