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Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Testing and Analysis Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The overall scale of the market dedicated to testing and analysis services has experienced robust expansion over the preceding years.Projections indicate this market will see an ascent from its valuation of $40.3 billion in 2024 to $43.37 billion by 2025, reflecting a consistent annual growth trajectory of 7.6 percent.This upswing observed during the past period stems from several key factors, including escalating demands related to adherence to regulations, increased investment in pharmaceutical scientific exploration and product development, the widening scope of safety evaluations within the food and beverage sectors, evolving necessities for industrial quality control, and a greater emphasis on tracking environmental conditions.
Testing and Analysis Services Market Size Forecast: What's the Projected Valuation by 2029?
The market encompassing testing and analysis services anticipates robust expansion in the approaching years, achieving a valuation of $58.8 billion by 2029, driven by a compound annual growth rate (CAGR) of 7.9%. This upward trajectory throughout the projection timeframe is largely a consequence of heightened attention toward individualized medical treatments, the implementation of stricter international quality benchmarks, the burgeoning field of renewable energy evaluation, advancements in laboratory automation and digital shifts, alongside the increasing tendency to outsource testing functions. Key developments shaping this market over the forecast period involve the integration of data analytics and artificial intelligence capabilities, the proliferation of testing methodologies delivered remotely and digitally, the development of testing solutions geared towards environmental sustainability, the utilization of blockchain technology to ensure data trustworthiness, and an increase in collaborative testing arrangements spanning multiple sectors.
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What Are the Drivers Transforming the Testing and Analysis Services Market?
Anticipated expansion in the testing and analysis services sector is being fueled by the escalating deployment of Internet of Things (IoT) hardware; these tangible items are fitted with software, sensors, and network capabilities that facilitate the internet-based collection, sharing, and utilization of data. As both enterprises and consumers increasingly depend on monitoring data in real-time to enhance operational effectiveness and facilitate quicker, better-informed choices, the adoption of IoT devices is gaining momentum. IoT apparatuses bolster testing and analytical offerings by constantly gathering live data from interconnected infrastructures, which permits precise performance assessment, automated oversight, and valuable intelligence instrumental for better efficiency and decision-making; for illustration, global connectivity reached 17.2 billion IoT devices in 2025, an 11.7 percent climb from the preceding year, yielding an annual data volume of 90.3 zettabytes, as reported in May 2025 by IAEME Publication, an Indian academic entity, underscoring how this surge in IoT device utilization is propelling the testing and analysis services market forward.
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What Long-Term Trends Will Define the Future of the Testing and Analysis Services Market?
Key players within the sphere of testing and analysis services are concentrating their efforts on innovating drinking water assessment tools geared toward facilitating the prompt identification of impurities, thereby assisting in tackling water purity concerns before they escalate into widespread crises. Such drinking water testing solutions comprise the methodologies and apparatuses employed to evaluate water safety and pinpoint hazardous components, guaranteeing potability. Illustratively, in the month of January in the year 2025, Eurofins Environment Testing Eaton Analytical, an American analytical facility dedicated to water quality scrutiny, introduced its Chloronitramide Anion Testing specifically tailored for potable water. This specialized analysis is aimed at detecting chloronitramide anions, substances that pose risks when present in water supplies, offering precise and trustworthy identification vital for preserving safe consumption levels while simultaneously aiding water providers in adhering to mandated standards and safeguarding community well-being.
Which Segments in the Testing and Analysis Services Market Offer the Most Profit Potential?
The testing and analysis servicesmarket covered in this report is segmented -
1) By Type: Product Testing, Environmental Testing, Materials Testing, Quality Testing, Performance Testing
2) By Technology: Traditional Testing Methods, Automated Testing Solutions, Cloud-Based Testing Services, Mobile Testing Technologies
3) By Sample Type: Water, Soil, Sediment, Clay Minerals, Metal Alloy, Biological Sample, Chemical Products, Minerals, Other Sample Types
4) By Applications: Food And Beverages, Pharma Devices, Chemicals, Environment, Agricultural, Infrastructure, Other Applications
5) By End-User: Manufacturers, Retailers, Government Agencies, Research Institutions, Third-Party Testing Organizations
Subsegments:
1) By Product Testing: Mechanical Testing, Chemical Testing, Environmental Testing, Electrical Testing
2) By Environmental Testing: Soil Testing Services, Water Analysis Services, Air Quality Testing Services, Emissions Testing, Acoustic Testing, Vibration Testing
3) By Materials Testing: Physical Testing, Non-Destructive Testing
4) By Quality Testing: Certification Testing, Inspection Services, Quality Assurance And Quality Control Testing
5) By Performance Testing: Load Testing, Stress Testing, Soak Testing, Spike Testing, Breakpoint Testing, Configuration Testing, Isolation Testing, Internet Testing
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Which Firms Dominate the Testing and Analysis Services Market by Market Share and Revenue in 2025?
Major companies operating in the testing and analysis services market are Eurofins Scientific Group, SGS SA, Bureau Veritas S.A (Maxxam), DEKRA SE, TÜV SÜD AG, Intertek Group plc, ALS Limited, Element Materials Technology Ltd., Mérieux NutriSciences Corp., Mistras Group Inc., QIMA Ltd., UL Solutions LLC, Cotecna Inspection SA, Kiwa NV, Acuren Corp., Microbac Laboratories Inc., Solvias AG, The Smithers Group Inc., Nemko Group AS, Lucedeon Ltd., Shimadzu Corporation, Tentamus Group GmbH, Activation Laboratories Ltd., Elemental Analysis Inc., NSL Analytical Services Inc., Particle Technology Labs, Exeter Analytical Ltd., Micro Analysis Inc., and Applus+ Servicios Tecnológicos S.A.
Which Regions Offer the Highest Growth Potential in the Testing and Analysis Services Market?
North America was the largest region in the testing and analysis services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the the testing and analysis services market market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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