Laboratory Testing Services in Canada
Over the five years to 2017, the Laboratory Testing Services industry has experienced some growth. The industry, which consists of companies that perform tests on consumer products, industrial materials, energy resources and other goods, has grown on account of an improving economic climate and rising government regulation. In the coming years, economic growth will have a positive effect on consumers and businesses, stimulating the development of new products and associated laboratory testing services to ensure safety and quality.
Companies in this industry perform physical, chemical and other analytical testing for commercial purposes. Such testing may occur in a laboratory or on-site (i.e. where the product is manufactured or developed). Most results from industry-led tests are checked against government regulations and environmental, industrial and product standards. This industry excludes medical and veterinary testing labs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.