laboratory proficiency testing Market Outlook 2025-2034: Trends and Projections

What Does the Laboratory Proficiency Testing Market Hold in Terms of Size and Growth Prospects?
The laboratory proficiency testing market has shown robust growth in recent years, catapulting from $1.45 billion in 2024 to an estimated $1.55 billion in 2025, marking a compound annual growth rate (CAGR) of 7.4%. This significant growth can be attributed to increasing demands for quality assurance, regulatory compliance, industry-specific testing needs and the globalization of testing standards.

Looking ahead, it is forecasted that the laboratory proficiency testing market size will continue burgeoning, set to reach a striking $2.23 billion in 2029. This growth, calculated at a CAGR of 9.5%, is spurred by advancing technologies like AI, a persistent emphasis on quality assurance and continuously evolving global quality standards.

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What are the Key Drivers Propelling Growth in the Laboratory Proficiency Testing Market?
The expansion of the biosimilars market serves as a potent catalyst driving the growth of the laboratory proficiency testing market. Biosimilars, the replicas of original biologic medicinal products, require rigorous analytical and bioanalytical testing to assure their efficacy and reliability. As the biosimilars market grows, so does the demand for laboratory proficiency testing services. This growth in biosimilars, reaching about $17.9 billion in 2020 and predicted to extend to an estimated $75 billion within the next decade, means a corresponding surge in demand for laboratory proficiency testing.

What are the Main Sectors Making Up the Laboratory Proficiency Testing Market?

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

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What Major Companies are Pivotal to the Laboratory Proficiency Testing Market?
Key players defining 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., among others.

What are the Current Emerging Trends in the Laboratory Proficiency Testing Market?
Product innovations are increasingly defining trends in the laboratory proficiency testing market. A remarkable example of this is the launch of PT 35d by BIPEA, in February 2022, a proficiency testing scheme specifically aimed at water microbiological testing labs.

Which Region is Leading the Charge in the Laboratory Proficiency Testing Market?
North America stood as the largest geographical market for laboratory proficiency testing in 2024. However, Asia-Pacific has been projected as the fastest-growing region in the coming years.

What Does The Laboratory Proficiency Testing Market Report 2025 Offer?
Laboratory proficiency testing is a crucial aspect of maintaining and verifying lab efficiency over time. This market is poised for further growth with the increasing advancements in biotechnology. The Laboratory Proficiency Testing Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

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