eHealth Size, Share, Growth, Demand, Segments and Forecast by 2029

Being a proficient and all-inclusive Laboratory Proficiency Testing Market report puts a light on primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis. This market research report is a significant source of information about the industry, important facts and figures, expert opinions, and the newest developments across the globe. This report has reviews about key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies.

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The laboratory proficiency testing market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the laboratory proficiency testing market will project a CAGR of 6.80% for the forecast period of 2022-2029.

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Market Overview:
The factors such as growth in the biosimilars market and increasing demand for the water testing are the major factors fostering the growth of the laboratory proficiency testing market in the forecast period of 2022 to 2029. Additionally, the growing demand for the packaged food products and the strict safety and quality regulations for food and pharmaceutical products are other important factors acting as laboratory proficiency testing market growth determinants. Moreover, the increasing number of testing laboratories are estimated to accelerate the overall growth of the market in the forecast period of 2022 to 2029. However, the high investment cost associated with the accurate and sensitive testing is supposed to hamper the market's growth. The lack of skilled and trained professionals is also projected to impede the overall growth of the market.

Some of the major players operating in the laboratory proficiency testing market report are LGC Limited, Randox Laboratories Ltd., Bio-Rad Laboratories, Inc., Merck KGaA, Waters Corporation., QACS, AOAC International, Weqas, BIPEA, NSI Lab Solutions, Absolute Standards Inc., TRILOGY ANALYTICAL LABORATORIES., Fera Science Limited ("Fera")., ATCC, FLUXANA GmbH & Co. KG, and NEOGEN CORPORATION, among others.

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