According to the new market research report "Laboratory Proficiency Testing Market by Industry (Clinical Chemistry, Hematology), Food & Animal Feed (Fish, Vegetable), Commercial Beverage (Alcohol), Microbiology, Water, Environmental) by Technology (PCR) - Global Forecast to 2026", published by MarketsandMarkets™, the global market is to grow from USD 1.0 billion in 2021 to USD 1.4 billion by 2026, at a CAGR of 6.4% during the forecast period.
Browse in-depth TOC on "Laboratory Proficiency
Testing Market"
303 – Tables
53 – Figures
380 – Pages
Download PDF Brochure: -https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=144227949
The growth of this laboratory proficiency testing market is
primarily driven by factors such as it forms an essential precondition for
operational excellence and accreditation in several industries. Also, the
increasing number of laboratory accreditations, stringent safety and quality
regulations for food and pharmaceutical products and the increasing focus on
water testing are the other major factors supporting market growth. However,
the requirement of high capital investments for accurate and sensitive testing
is expected to restrain the growth of this market during the forecast period.
The growth of the pharmaceutical proficiency testing market is driven by
Stringent quality control in the production of pharmaceutical products, Growth
of the pharmaceuticals market, Surge in the generics market, and Emerging
biosimilars market while the major restraining factor is Cost and
time-intensive drug manufacturing process. While growth of microbiology
proficiency testing market is driven by Stringent safety regulations, also on
the other hand major drivers in the food and animal feed proficiency testing
market are Stringent food safety regulations, Increasing outbreaks of foodborne
illnesses, Increasing demand for packaged food products, and Increasing
instances of chemical contamination in food processing and manufacturing and
its major restraining factors are Lack of harmonization of food safety
regulations and Lack of food control infrastructure in developing countries.
Clinical Diagnostics to account for the largest share of the
market during the forecast period
Based on industry, the laboratory proficiency testing market is
segmented into clinical diagnostics, food & animal feed, pharmaceuticals,
microbiology, environmental, water, biologics, commercial beverages,
cannabis/opioids, cosmetics, dietary supplements, and nutraceuticals. In 2020,
the clinical diagnostics segment accounted for the largest share of the market.
The large share of this segment is attributed to the development of complex
diagnostic tests and the need for early diagnosis, which makes quality
management with the use of proficiency testing an essential aspect of clinical
diagnostics.
Cell Cultures to account for the largest share of the market
during the forecast period
Based on technology, the global laboratory proficiency testing
market has been segmented into spectrophotometry, chromatography, PCR,
immunoassays, cell culture, and other technologies. The cell culture segment
accounted for the largest share of the market in 2020. Growing awareness
regarding the use of cell cultures in the production and testing of various
clinical diagnostics samples, microbiology samples, and biopharmaceuticals is
supporting the growth of this market.
Request Sample Pages:-https://www.marketsandmarkets.com/requestsampleNew.asp?id=144227949
The APAC Laboratory Proficiency Testing market is projected to
grow at the highest rate during the forecast period.
The laboratory proficiency testing market is segmented into five
major regions, namely, North America, Europe, Asia
Pacific, Latin
America,
and the Middle East & Africa. In 2020, North America accounted for the
largest share in the market. The large share of this region can be attributed
to the mandatory adoption of laboratory proficiency testing to demonstrate
operational excellence, increasing regulatory stringency regarding laboratory
operations. The emerging markets across the Asia
Pacific and Latin
America are
expected to grow at higher CAGRs during the forecast period. With significant
growth in outsourcing services in the past few years, China and India have emerged as
high-growth markets for laboratory proficiency testing. South
Korea is
another growing market in the APAC region. Other than these APAC countries,
Latin American countries also show significant growth potential for the market.
The prominent players in the laboratory proficiency testing
market are LGC Limited (UK), American Proficiency Institute (US), College of
American Pathologists (US), Bio-Rad Laboratories (US), Randox Laboratories
(UK), Merck (Germany), Fapas (Fera Science Ltd.) (UK),
Waters Corporation (US), Weqas (UK), AOAC INTERNATIONAL (US), BIPEA (France), NSI Lab Solutions
(US), Absolute Solutions (US), Trilogy Analytical Laboratories (US), Advanced
Analytical Solutions (US), American Industrial Hygiene Association (US), Matrix
Sciences (US), Aashvi Proficiency Testing & Analytical Services (India), and Global
Proficiency (New Zealand).
No comments:
Post a Comment