Global Laboratory Proficiency Testing Market Revenue and CAGR Forecast Analysis 2025–2029
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What Is The Predicted Market Size Of The Laboratory Proficiency Testing Industry By 2029?
The market size for laboratory proficiency testing has experienced considerable growth in the past years. It is projected to increase from $1.45 billion in 2024 to $1.55 billion in 2025 with a compound annual growth rate (CAGR) of 7.2%. Factors that contributed to this expansion in the historical phase include a focus on quality assurance, the need for regulatory adherences, unique testing requirements in various industries, the worldwide adoption of testing standards, and ongoing professional development.
The market size for laboratory proficiency testing is anticipated to witness significant expansion in the coming years. By 2029, it is projected to reach $2.22 billion, with a Compound Annual Growth Rate (CAGR) of 9.4%. Numerous factors are contributing to the expected growth in this timeframe, such as the incorporation of artificial intelligence, ongoing professional advancement, emphasis on quality assurance, an increased request for precise testing, and the global standardization of quality benchmarks. Notable trends during the forecast period include digital and online testing, personalized testing protocols, an emphasis on data analytics, a growing demand for accreditation, and initiatives for quality enhancement.
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Which Growth Drivers Are Shaping The Laboratory Proficiency Testing Market Outlook?
The rise of the biosimilars market is anticipated to boost the laboratory proficiency testing market’s expansion in the future. Biosimilars are essentially identical copies of original medicinal biologic products, but are manufactured by different companies. With the expansion of the biosimilar market, the necessity for analytical and bioanalytical testing for these products is also increasing. This may lead to a surge in demand for laboratory proficiency testing services to guarantee the precision and consistency of the test outcomes. For example, IQVIA, an American commercial outsourcing and biopharmaceutical development services provider, indicates that the worth of biosimilars expanded at a 78% Compound Annual Growth Rate (CAGR) from 2015 to 2020, arriving at about $17.9 billion in 2020. It is further projected to expand at a 15% CAGR from 2020 to 2030, achieving an anticipated $75 billion in the next decade. The projected count of instances where original pharmaceutical products lose protection will primarily drive the increase in biosimilar volume in the coming decade. Hence, the growth in the biosimilars market is fuelling the laboratory proficiency testing market’s expansion.
How Is The Global Laboratory Proficiency Testing Market Broken Down By Segment?
The laboratory proficiency testingmarket covered in this report is segmented –
1) By Technology: Cell Culture; PCR; Immunoassays; Chromatography; Spectrophotometry; Other Technologies
2) By Test: Routine; Specialty
3) By Department: Parasitology; Virology; Hematology; Toxicology; Immunology/Serology; Histopathology; Urinalysis; Other Departments
4) By End-use: Hospitals; Contract Research Organizations; Pharmaceutical & Biotechnology Companies; Academic Research; Diagnostic Laboratories; Independent Laboratories; Specialty Laboratories
Subsegments:
1) By Cell Culture: Adherent Cell Culture; Suspension Cell Culture
2) By PCR (Polymerase Chain Reaction): Quantitative PCR (qPCR); Reverse Transcription PCR (RT-PCR); Digital PCR
3) By Immunoassays: Enzyme-Linked Immunosorbent Assay (ELISA); Radioimmunoassay (RIA); Chemiluminescent Immunoassay (CLIA)
4) By Chromatography: Liquid Chromatography; Gas Chromatography; Ion Chromatography
5) By Spectrophotometry: Ultraviolet-Visible Spectrophotometry; Infrared Spectrophotometry; Atomic Absorption Spectrophotometry
6) By Other Technologies: Mass Spectrometry; Flow Cytometry; Next-Generation Sequencing (NGS)
Which Notable Trends Are Transforming The Laboratory Proficiency Testing Market Outlook?
There’s a clear trend of product innovations taking hold in the laboratory proficiency testing market. To maintain their market prominent, leading firms in the laboratory proficiency testing industry are introducing novel products. For instance, BIPEA, a non-profit organization from Europe that offers proficiency testing programs for environmental and food samples, unveiled PT 35d in February 2022. This is essentially a proficiency testing system designed for water microbiological testing laboratories, emphasizing on the enumeration of molds and yeasts in fresh water. This quality assurance effort involves two phases, with two chilled water samples delivered to the participating labs by express courier services in each phase.
Who Are The Primary Market Leaders In The Laboratory Proficiency Testing Market?
Major companies operating in the laboratory proficiency testing market include LGC Limited, American Proficiency Institute, College of American Pathologists, Bio-Rad Laboratories, Randox Laboratories, Merck KGAA, FAPAS, Waters Corporation, QACS International Pvt. Ltd., Wales External Quality Assessment Scheme, AOAC INTERNATIONAL, Bureau Interprofessionnel d’Études Analytiques., SPEX CertiPrep Group LLC, Absolute Standards Inc, Trilogy Analytical Laboratories, Advanced Analytical Solutions, NSI Lab Solutions, INSTAND e.V., Anresco Laboratories, Avomeen Analytical Services, BioScreen Testing Services Inc., Brooks Applied Labs, Comprehensive Pain and Treatment Center, EMSL Analytical Inc., Eurofins Scientific SE, Exova Group Limited, Food Safety Net Services LLC, Analytical Laboratory Services Inc., Singapore Accreditation Council, Proctor & Allan East Africa Limited
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Which Regional Markets Are Emerging As Key Hubs For The Laboratory Proficiency Testing Market?
North America was the largest region in the laboratory proficiency testing market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global laboratory proficiency testing market report during the forecast period. The regions covered in the laboratory proficiency testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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