Laboratory Testing Services in Texas
In line with national trends, the Laboratory Testing Services industry in Texas has experienced healthy growth over the five years to 2017. Strengthening research and development activity has driven demand for industry services, as new products must be evaluated for safety, quality and other regulatory standards prior to sale. The industry is poised for strong and stable growth over the five years to 2022. The necessary nature of industry services, along with tightening government regulations regarding public health and safety, will continue to fuel demand for laboratory testing.
Companies in this industry perform physical, chemical and other analytical testing for commercial purposes. Such testing may occur in a laboratory or an on-site facility (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.