Global Laboratory Proficiency Testing Market - 2021-2028

Global Laboratory Proficiency Testing Market - 2021-2028

Market Overview

The global laboratory proficiency testing market size was worth US$ XX million in 2019 and is estimated to reach US$ XX million by 2028, growing at a CAGR of XX % during the forecast period (2021-2028).

Laboratory proficiency testing is a procedure that determines and evaluates the performance of individual laboratories for specific tests or measurements. Laboratory proficiency testing compares the results obtained from different laboratories; hence it is also called interlaboratory comparison.

Market Dynamics

The global laboratory proficiency testing market growth is driven by the rising technological advancement in laboratory testing, stringent safety and quality regulations for food and pharmaceutical products and the increasing focus on water testing.

Growing stringency in the regulations of Food & Drug Quality, is expected to drive the market growth

Strict regulations are being imposed by various regulatory bodies, such as Food and Drug Administration, International Food Protection Training Institute, Food Safety Promotion Board, etc., to ensure the quality and safety of food and drug products, which in turn is driving the growth of the global laboratory proficiency testing market. Additionally, an increase in the demand for testing water in laboratories, factories, and manufacturing units to determine contamination levels and render it portable is also expected to boost the growth of the global laboratory proficiency testing market. Various organizations are undertaking initiatives to combat the challenges faced by laboratories related to accreditation, thereby boosting market growth. For instance, in November 2020, the WHO and the European Civil Protection and Humanitarian Aid Operations (ECHO) worked with the Department of Health (DOH) and local governments to provide training and ensure the establishment and accreditation of testing laboratories.

Moreover, the surge in antimicrobial susceptibility testing due to strict regulations implemented by drug control authorities in pharmaceutical industries also assists in the growth of the global laboratory proficiency testing market. Furthermore, testing microorganisms and pathogens in the cosmetics and nutraceuticals sector have played a significant role in propelling the demand for laboratory proficiency testing. Thus, it is expected that the global laboratory proficiency testing market will continue to grow substantially.

High cost involved in the laboratory proficiency testing is likely to hamper market growth

The high investment in accurate and minute testing is a major restraint for the global laboratory proficiency testing market. Testing is done using sophisticated and expensive instruments such as a spectrophotometer, HPLC, Gel Permeation Chromatography Systems, Cell Harvest Systems, and many more. It also costs a great deal to install these instruments; as a result, laboratory proficiency testing requires a heavy investment. Further, costly methods such as ELISA and PCR are employed in the global laboratory proficiency testing market, which requires highly skilled technicians and increases the cost of laboratory proficiency training, thereby hampering the market growth.

COVID-19 Impact Analysis

The onset of COVID-19 has adversely affected the lives and businesses of millions across the globe. It has hampered businesses by severely hampering the economies of the countries. However, the pandemic has had a positive effect on the global laboratory proficiency testing market. As diagnostic laboratories are becoming more regulated by the COVID-19, laboratory proficiency testing is entering the global market with increased adoption. Proficiency testing ensures that tests for detecting the new coronavirus are precisely rendered, processed, and delivered to obtain high precision in results.

Segment Analysis

The clinical diagnostics segment is expected to hold the largest share in this market segment

The clinical diagnostics segment accounted for the largest market share. This is attributed to the development of complex diagnostic tests and the high rate of early diagnosis being conducted, which makes quality management with proficiency testing an essential aspect in clinical diagnostics. Furthermore, proficiency testing can improve the efficiency, test reproducibility, and testing accuracy of clinical diagnostics.

Immunochemistry held a substantial market share owing to the presence of tests for allergies, autoimmune diseases, hormones, infectious diseases, urine electrophoresis, serum electrophoresis, and immunoglobulin in the segment. The clinical diagnostics services in immunochemistry have also experienced a surge in demand for testing due to COVID-19. Various COVID-19 related developments that happened in the recent past are anticipated to impact the market's growth. For instance, in October 2020, U-Diagnostics partnered with CENTOGENE, a major provider of COVID-19 testing in Germany, to provide increased COVID-19 testing services throughout the Netherlands.​

The independent laboratories segment is expected to hold the largest share in this market segment

The demand for laboratory testing is increasing due to the increasing incidences of chronic diseases, increasing the demand for accurate diagnoses of different diseases. There is a huge opportunity for independent laboratories in highly populated and developing countries like India and China, where a significant chunk of the population does not have access to proper medical diagnostic facilities. According to the National Accreditation Board for Testing and Calibration Laboratories (NABL), as of November 2020, around 6200 NABL accredited medical labs were present in India. Currently, the independent laboratory segment is experiencing huge consolidation as players are focusing on strategic partnerships and collaborations, which is likely to drive the market's growth. For instance, in October 2020, U-Diagnostics, a diagnostic laboratory in the Netherlands, partnered with CENTOGENE, a major provider of COVID-19 testing in Germany, to provide increased COVID testing services throughout the Netherlands. Also, in July 2020, Diaceutics PLC, a company focused on diagnostic network solutions for the development and commercialization of precision medicine diagnostics, patterned with Targos Molecular Pathology and HistoCyte Laboratories to enhance and expand diagnostic testing services in 2,500 labs worldwide. All these developments are fueling the segment growth and driving the overall market.

Geographical Analysis

North America region holds the largest market share of global laboratory proficiency testing market

North America is expected to dominate the laboratory proficiency testing market during the forecast period. This can be attributed to the mandatory adoption of proficiency testing to demonstrate operational excellence, increasing regulatory stringency regarding laboratory operations, and the presence of a large number of global proficiency testing providers in North America. Also, North America is a major hub for industries such as pharmaceuticals, food, water & environment, commercial beverages, cosmetics, and cannabis testing. For instance, In January 2017, Merck acquired BioControl Systems Inc. (US), a global leader in food safety testing. The acquisition opened growth opportunities for Merck in the food and beverage space, particularly in the US. A large number of laboratories in this region undertake the testing of products across these industries. In July 2021, The College of American Pathologists granted Microbiome Insights Laboratory accreditation as a global leader in end-to-end microbiome sequencing and full bioinformatic analysis (CAP). The company has joined an exclusive group of clinical laboratories around the world that have demonstrated their dedication to the highest standards of clinical laboratory testing, record-keeping, reporting, safety, and quality. With PT becoming a prerequisite for ensuring laboratory QC, various laboratories across industries are undertaking these programs, thus aiding the market growth.

Competitive Landscape

The global laboratory proficiency testing market is highly competitive with presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include LGC Limited, Bio-Rad Laboratories, Merck KGaA, College of American Pathologists, Waters Corporation, FAPAS, Phenova Inc., Weqas, Advanced Analytical Solutions, LLC, Trilogy Analytical Laboratory, Absolute Standards Inc., and NSI Lab Solutions. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the market globally. For instance, In October 2020, the Central Testing Laboratory of the Abu Dhabi Quality & Conformity Council implemented a proficiency testing program in collaboration with Biogenix Lab to verify the competency of medical laboratories carrying out COVID-19 tests.

Global Laboratory Proficiency Testing Market – Market Key Companies to Watch

LGC Limited

Overview: LGC Limited is a global leader in laboratory services, measurement standards, reference materials, genomics, and proficiency testing markets. The company runs over 1,600 proficiency testing exercises annually, serving over 11,000 laboratories across the pharmaceutical, biotechnology, diagnostics, food, environment, government, agrigenomic, forensic, and academic sectors. It also manufactures more than 225,000 test materials, which are distributed to more than 160 countries.

Product Portfolio: AXIO PT schemes across the food, beverage, environmental, clinical, pharmaceutical, consumer safety, forensic and petroleum sectors.

Key Developments: In September 17, 2021, LGC launched AccuPlex SARS-CoV-2 Variant Panel 2, further expanding its line of SARS-CoV-2 molecular quality solutions to include material for Delta variant detection and analysis.

Global Laboratory Proficiency Testing Market- Notable Developments

Some latest developments in the field of laboratory proficiency testing area are

In June 2019, FDA slams a California based drug maker for not complying with quality control team. It stated that the laboratory failed to maintain written specifications on drugs and it also failed to document the use of active ingredients for carrying out tests.

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Visualize the composition of the laboratory proficiency testing market segmentation by industry type, technology, end-user and region, highlighting the key commercial assets and players.

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Target Audience

Service Providers/ Buyers

Industry Investors/Investment Bankers

Education & Research Institutes

Research Professionals

Emerging Companies

Manufacturers

Market Segmentation

Global Laboratory Proficiency Testing Market - By Industry Type

Pharmaceuticals

Branded

Generics

Biosimilars

Biologics

Blood

Vaccines

Tissue related

Clinical Diagnostics

Immunochemistry

Clinical Chemistry

Genetic Testing

Cytology Testing

Other Tests

Microbiology

Sterility Testing

Endotoxin & Pyrogen Testing

Pathogen Testing

Growth Promotion Testing

Other Microbial Testing

Others

Global Laboratory Proficiency Testing Market – By Technology

Spectrometry

Polymerase Chain Reaction

Chromatography

Immunoassays

Others

Global Laboratory Proficiency Testing Market – By End-user

Hospitals

Contract Research Organizations

Pharmaceutical & Biotechnology Companies

Academic Research

Diagnostic Laboratories

Independent Laboratories

Speciality Laboratories

Global Laboratory Proficiency Testing Market - By Region

North America

Europe

Asia-Pacific

Middle East & Africa

South America