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Laboratory Proficiency Testing Market Trends

  • Report ID: GMI3571
  • Published Date: May 2023
  • Report Format: PDF

Laboratory Proficiency Testing Market Trends

Quality and standard of the outcome is considered paramount and an indispensable prerequisite for all the research facilities including diagnostic laboratories, pharma, and biotech labs, etc. Adoption of advanced technologies and application of novel approaches such as healthcare laboratory informatics for reliable and accurate results improve the testing facility's credibility. Additionally, testing facilities around the world are focusing on going through a rigid mechanism of proficiency testing which in turn would aid in improving the overall efficiency of the centre. Such proficiency testing programs would verify and evaluate the reliability of a laboratory's testing capabilities and other issues including competency of the testing professional, instruments determining scientifically flawed results, reduction in operational cost, etc.
 

Numerous countries around the world are signatories of international associations for accreditation bodies such as International Laboratory Accreditation Cooperation (ILAC), The Asia Pacific Laboratory Accreditation Cooperation (APLAC), etc. Thus, standards and guidelines stated by such firms allows the laboratories to achieve high quality operational excellence as proficiency testing is considered as a prerequisite for such organizations, thereby supporting the market growth over the analysis period.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Market size for laboratory proficiency testing was worth USD 1.2 billion in 2022 and will exceed USD 2.2 billion by 2032 driven by the rising adoption of stringent laboratory guidelines and mandatory quality protocols.

Laboratory proficiency testing market share from the clinical diagnostics industry segment will reach around USD 723 million by 2032 owing to the increasing trend towards early disease diagnosis.

Laboratory proficiency testing industry size in North America is expected to witness 5.5% CAGR from 2023-2032 propelled by the increasing regulatory compliance in the region.

Laboratory proficiency testing share from pharmaceutical & biotechnology companies will observe 6.4% CAGR from 2023-2032 owing to the rising research, development, and manufacturing, particularly in areas such as vaccines and blood and tissue-related research.

Laboratory Proficiency Testing Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 442
  • Countries covered: 30
  • Pages: 195
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