Laboratory Proficiency Testing Global Market Report 2025: Analyzing Market Size, CAGR Growth, Key Drivers and Emerging Trends

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Unlock new potential in the Laboratory Proficiency Testing market by 2025. Discover and capitalize on trends, plan for growth, and establish a strong position in a billion-dollar industry that is expected to significantly rise in the next few years.

What Is The Projected Market Size Of The Global Laboratory Proficiency Testing Market And Its Growth Rate?

• The laboratory proficiency testing market size has grown steadily in recent years. It was valued at $1.45 billion in 2024 and is expected to grow to $1.55 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%.

• Growth in the historic period has been attributed to quality assurance emphasis, regulatory compliance requirements, industry-specific testing needs, globalization of testing standards, and continuous professional development.

• The laboratory proficiency testing market size is projected to see substantial growth in the next few years, with predictions of it reaching $2.23 billion in 2029 at a CAGR of 9.5%.

• Analysts predict that the growth in the forecast period will be driven by the integration of artificial intelligence, continuous professional development, quality assurance emphasis, rising demand for accurate testing, and globalization of quality standards.

What Is Driving The Growth In The Laboratory Proficiency Testing Market?

The growth of the biosimilars market is expected to trigger significant growth in the laboratory proficiency testing market. Biosimilars refer to biologic medicinal products that replicate original products produced by different companies. As the biosimilars market expands, an increased demand for analytical and bioanalytical testing of these products is expected. This could lead to a surge in demand for laboratory proficiency testing services to ensure accurate and reliable test results. According to IQVIA, a US-based provider of commercial outsourcing and biopharmaceutical development services, the biosimilar value increased at a 78% CAGR between 2015 and 2020, reaching about $17.9 billion in 2020. It is predicted to increase at a 15% CAGR between 2020 and 2030, reaching an estimated $75 billion within the next decade. Hence, the substantial growth in the biosimilars market is propelling the growth of the laboratory proficiency testing market.

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Who Are the Key Players Driving Laboratory Proficiency Testing Market Growth?

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

What Are The Key Trends In The Laboratory Proficiency Testing Market?

Key trends in the laboratory proficiency testing market include:

• Digitalization and online testing
• Customized testing programs
• Focus on data analytics
• Rising demand for accreditation
• Quality improvement initiatives

What Are The Segments Of The Global Laboratory Proficiency Testing Market?

The Laboratory Proficiency Testing Market is segmented:

1) By Technology: Cell Culture, PCR, Immunoassays, Chromatography, Spectrophotometry, and Other Technologies

2) By Test: Routine and Specialty

3) By Department: Parasitology, Virology, Hematology, Toxicology, Immunology/Serology, Histopathology, Urinalysis, and Other Departments

4) By End-use: Hospitals, Contract Research Organizations, Pharmaceutical & Biotechnology Companies, Academic Research, Diagnostic Laboratories, Independent Laboratories, and Specialty Laboratories

Which Region Leads The Laboratory Proficiency Testing Market?

In 2024, North America was the largest region in the laboratory proficiency testing market. However, Asia-Pacific is expected to be the fastest-growing region in the global laboratory proficiency testing market 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, and Africa.

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What Is Covered In The Laboratory Proficiency Testing Global Market Report?

- Market Size Analysis: Analyze the Laboratory Proficiency Testing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Laboratory Proficiency Testing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Laboratory Proficiency Testing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Laboratory Proficiency Testing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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This release was published on openPR.