Laboratory Proficiency Testing Market 2021 Analysis May Set New Growth Story, Forecast to 2027

The Laboratory Proficiency Testing Market is expected to reach USD 810.1 million by 2027 growing at a growth rate of 6% in the forecast period 2021 to 2027.

The laboratory proficiency test confirms the performance of a laboratory for a particular test. Increasing technological advances in the field of laboratory testing are expected to provide growth opportunities in the global laboratory proficiency testing market. Laboratory proficiency tests determine the performance of an individual laboratory for a particular test or measurement and are used to monitor the laboratory's ongoing performance.

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Market Segments

By Industry
• Pharmaceuticals
• Biologics
• Clinical Diagnostics
• Microbiology
• Cosmetics
• Cannabis/Opioids
• Food and Animal Feed
• Commercial Beverages
• Water
• Environmental
• Dietary Supplements
• Nutraceuticals (Excluding dietary supplements)

By Technology
• Spectrophotometry
• Chromatography
• ELISA
• PCR
• Cell Culture
• Other Technologies (electrophoresis, isoelectric focusing, differential scanning calorimetry, and microarrays)

Key Players

The prominent players operating in this market are LGC Limited (UK), Bio-Rad Laboratories (US), Randox Laboratories (UK), Merck (Germany), College of American Pathologists (US), American Proficiency Institute (US), Waters Corporation (US), QACS (Greece), FAPAS (UK), AOAC (US), Phenova Inc. (US), Weqas (Cardiff), Advanced Analytical Solutions, LLC (UK), Bipea (France), Absolute Standards Inc. (US), and NSI Lab Solutions (US).

Scope of the Report

The research study analyzes the global Laboratory Proficiency Testing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Laboratory Proficiency Testing Market Report

1. What was the Laboratory Proficiency Testing Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Laboratory Proficiency Testing Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Laboratory Proficiency Testing Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

• Proliferation and maturation of trade in the global Laboratory Proficiency Testing market.
• The market share of the global Laboratory Proficiency Testing market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Laboratory Proficiency Testing market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Laboratory Proficiency Testing market.

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This release was published on openPR.