Laboratory Proficiency Testing Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

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How Large Will the Laboratory Proficiency Testing Market Size By 2025?
The market size of laboratory proficiency testing has seen considerable expansion in the previous years, escalating from $1.45 billion in 2024 to an anticipated $1.55 billion in 2025 with a Compound Annual Growth Rate (CAGR) of 7.4%. The historical growth is due to factors including emphasis on quality assurance, adherence to compliance regulations, specific needs for industry testing, the adoption of globally standardized testing, and ongoing professional development.

How Big Is the Laboratory Proficiency Testing Market Size Expected to Grow by 2029?
In the coming years, the laboratory proficiency testing market is anticipated to experience considerable growth, with its size forecasted to reach "$2.23 billion in 2029, with a compound annual growth rate (CAGR) of 9.5%. The projected growth during the forecast period is linked to integrating artificial intelligence, ongoing professional enhancement, emphasis on quality assurance, increased need for precise testing, and the worldwide adherence to quality standards. Key trends for the forecast period encompass digitalization and online testing, customized testing schemes, emphasis on data analytics, a growing need for accreditation, and efforts towards quality enhancement.

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Which Key Market Drivers Powering Laboratory Proficiency Testing Market Expansion and Growth?
The expansion of the biosimilars market is anticipated to fuel the advancement of the laboratory proficiency testing market. Biosimilars are essentially duplicate biological medicinal products, produced by different companies that replicate an original product. As the market for biosimilars grows, there's an increasing need for both analytical and bioanalytical testing of these items. This may consequently increase the demand for laboratory proficiency testing services to confirm the correct and dependable nature of the test results. For example, IQVIA, an American provider of commercial outsourcing and biopharmaceutical development services, reported a 78% CAGR growth in biosimilar value from 2015 to 2020, hitting about $17.9 billion in 2020. It also projected that the biosimilar value will continue to grow at a 15% CAGR between 2020 and 2030, reaching approximately $75 billion in the subsequent decade. The expected loss of protection (LOP) incidents for original pharmaceutical products will primarily drive the increase in biosimilar volume over the next ten years. Hence, it can be concluded that the laboratory proficiency testing market's growth is being propelled by the expanding biosimilars market.

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Which Fast-Growing Trends Are Poised to Disrupt the Laboratory Proficiency Testing Market?
Companies in the laboratory proficiency testing market are launching targeted initiatives to support laboratory accuracy. In February 2022, Europe-based BIPEA introduced PT 35d for microbiological testing labs to assess yeast and mold in freshwater via two sample rounds delivered under refrigeration.

What Are the Emerging Segments in the Laboratory Proficiency Testing Market?
The laboratory proficiency testing market 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)

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Who Are the Global 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

Which are the Top Profitable Regional Markets for the Laboratory Proficiency Testing Industry?
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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