LABORATORY PROFICIENCY TESTING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Global laboratory proficiency testing market is expected to reach US$ 2.11 billion by 2030, from US$ 1.29 billion in 2023, exhibiting a CAGR of 7.3% during the forecast period. Laboratory proficiency testing involves the use of interlaboratory comparisons to determine the performance of individual laboratories for specific tests or measurements and monitoring laboratories' continuing performance. It is used to assess and enhance the quality of laboratory testing processes. The key advantages of proficiency testing include improving patient safety through robust quality control, meeting regulatory compliance standards, and gaining a competitive edge for laboratories.

The market growth is driven by factors such as rising number of accredited laboratories and regulatory mandates for proficiency testing. Global laboratory proficiency testing market is segmented by technology, industry, and region. By technology, the market is segmented into cell culture, PCR, Immunoassay, Chromatography, Spectrometry, Others. By Industry, the market is segmented into clinical diagnostics, pharmaceuticals, biologics, medical devices, food & animal feed, commercial beverages, others. The technology segment accounted for the largest share of the laboratory proficiency testing market in 2022. The large share of this segment is attributed to the high use of proficiency testing services by laboratories to assess and monitor the quality of their testing processes.

Global Laboratory Proficiency Testing Market- Regional Insights

• North America is expected to be the largest market for laboratory proficiency testing during the forecast period, accounting for over 40% of the market share in 2023. The growth of the market in North America is attributed to supportive government initiatives and a well-established healthcare system in the region.
• Europe is expected to be the second-largest market for laboratory proficiency testing, accounting for over 25% of the market share in 2023. The growth of the market  is attributed to the presence of leading proficiency testing companies and stringent regulatory guidelines in the region.
• Asia Pacific is expected to be the fastest-growing market for laboratory proficiency testing, with a CAGR of over 18% during the forecast period. The growth of the market in Asia Pacific is attributed to increasing investments in healthcare infrastructure and growth of the pharmaceutical and biotechnology industries in the region.

Figure 1. Global Laboratory Proficiency Testing Market Share (%),By Region, 2023

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Analysts’ Views on Global Laboratory Proficiency Market:

Proficiency testing is a method of evaluating the performance of laboratories by having multiple laboratories testing the same sample and compare results. It is used to ensure that laboratories are providing accurate and reliable results. Global laboratory proficiency testing market is expected to witness significant growth in the near future due to increasing number of laboratories, stringent regulatory requirements for testing, and the growing focus on improving the accuracy of tests.

Global Laboratory Proficiency Testing Market- Drivers

• Growing Adoption of Proficiency Testing Services: Increasing adoption of proficiency testing services by laboratories is a major factor driving growth of the laboratory proficiency testing market. Proficiency testing enables laboratories to evaluate and monitor the quality and accuracy of their testing processes. More laboratories are utilizing these services to meet quality standards and regulatory requirements. Rising number of accredited laboratories and need to gain ISO certifications is further boosting adoption of proficiency testing services. Many labs are also using these services to train staff, identify gaps, implement corrective measures, and improve patient safety. The growing reliance of healthcare providers on accurate test results provided by labs and rising focus on providing quality patient care are some of the key factors propelling the adoption of proficiency testing services.
• Rising Inorganic Strategies: Market players are focusing on inorganic strategies such as agreement, collaboration, and partnership to increase their market share. For instance, on April 29, 2022, Spex CertiPrep, provides inorganic and organic certified reference materials, an Antylia Scientific company, provides solutions to the diagnostic market announced a partnership with NSI Lab Solutions, an ISO/IEC 17025, 17043 and ISO 17034 accredited organization, to provide a robust proficiency testing (PT) program for laboratories around the world.

Global Laboratory Proficiency Testing Market- Opportunities

• Increasing Launch of Proficiency Testing Program: Increasing launch of proficiency testing drives the market growth over the forecast period. For instance, in March 2023, the College Of American Pathologist, which is located in Illinois launched a new proficiency testing program focused on the monkey pox virus, with that laboratories can enhance the quality assurance of their molecular testing process.
• Increasing adoption in emerging countries: Growing focus on improving healthcare quality and laboratory testing standards in emerging countries provides significant growth opportunities for laboratory proficiency testing market. Developing economies such as China, India, Brazil, and South Africa are undertaking initiatives to obtain international laboratory accreditations. This is expected to increase the adoption of quality control and proficiency testing practices to meet ISO and other certification requirements. Moreover, rising investments in healthcare infrastructure development and growth of clinical testing industry in these countries will further support market expansion. Players can capitalize on this demand by offering a diverse range of proficiency testing services tailored to meet the unique needs of laboratories in emerging markets.

Global Laboratory Proficiency Testing Market- Trends

• Increasing Partnership among Market Players: Increasing partnership among the market players can drive the market growth over the forecast period. For instance, in October 2021, Waters Corporation, an analytical laboratory instrument and Software Company, and Sartorius, an international pharmaceutical and laboratory equipment supplier, partnered to help bioprocess experts to achieve direct access to high-quality mass spectrometry (MS) data.

Global Laboratory Proficiency Testing Market- Restraints

• High costs of implementation and participation: The high costs associated with implementing and participating in proficiency testing programs restraint the market growth. Accredited laboratories are required to undertake PT across diverse tests and analytes regularly that  entails very high costs. The expenses are much more pronounced for small to mid-sized laboratories with limited budgets. The costs include program enrollment fees, purchasing PT samples/kits, training, hiring dedicated personnel, implementing corrective actions, and maintaining documentation. Limited reimbursements for participation costs also restrain uptake among resource-constrained laboratories.

Global Laboratory Proficiency Testing Market- Recent Developments

New Product Launches:

• On March 8, 2022, BIPEA, an European scientific organization, developed a new proficiency testing for water microbiological testing laboratories. This quality control test is composed of 2 rounds, and allows laboratories to enumerate yeasts and molds in fresh water.
• On April 9, 2020, LGC, an international life sciences measurement and tools company, launched a proficiency testing service for the detection of SARS-COV-2 (COVID-19) by nucleic acid amplification testing

Acquisition and Partnerships:

• On April 10, 2017, BioFront Technologies, a company that focuses on manufacturing enzyme-linked immuno-sorbent assay (ELISA) kits, lateral flow devices (LFDs), announced that Fera Science Limited had appointed the company as its U.S. agent for its proficiency testing service, Fapas. These services and products include an extensive range of matrix-matched reference materials as well as the comprehensive proficiency testing portfolio.

Figure 2. Global Laboratory Proficiency Testing Market Share (%), By Technology, 2023

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Top companies in Global Laboratory Proficiency Testing Market:

• LGC Limited
• American Proficiency Institute
• Bio-Rad Laboratories
• Randox Laboratories
• Merck
• Fapas
• Waters Corporation
• Weqas
• AOAC International

Definition: Laboratory proficiency testing involves the use of interlaboratory comparisons to evaluate and ensure the accuracy of results from laboratories. It is a quality assurance program in which multiple laboratories measure the same samples and compare results. The goal is to monitor laboratories' continuing performance and identify issues that need improvement. Proficiency testing helps to assess technical competence for specific tests and measurements, and is mandated by certification and accreditation programs. It enables laboratories to enhance patient safety, meet regulatory compliance standards, and gain a competitive edge.

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