PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1401826
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1401826
Laboratory Proficiency Testing Market size was valued at USD 900 Million in 2022, expanding at a CAGR of 8.1% from 2023 to 2030.
Proficiency Testing (PT) in laboratories, also referred to as External Quality Assessment (EQA) or Interlaboratory Comparison (ILC), is a structured procedure aimed at appraising laboratory performance by comparing their test outcomes for specific samples or measurements against those of other laboratories. Its principal objective is to evaluate the precision, dependability, and consistency of laboratory testing or calibration processes. Under PT programs, participating laboratories obtain samples from an external provider, typically an accredited PT provider or organizer of proficiency testing schemes. These samples simulate real-world specimens or materials relevant to the laboratory's testing scope, such as clinical specimens, environmental samples, or industrial materials. Participating laboratories analyze these samples and submit their results to the PT provider for assessment.
Laboratory Proficiency Testing Market- Market Dynamics
Amplified focus on water testing, legalization of medical cannabis, burgeoning number of cannabis testing laboratories, heightened instances of foodborne illnesses, increased occurrences of chemical food contamination to propel market demand
Key drivers expected to fuel market growth include the amplified focus on water testing, legalization of medical cannabis, burgeoning number of cannabis testing laboratories, heightened instances of foodborne illnesses, increased occurrences of chemical food contamination, and continuous introduction of new products and services. For example, in March 2022, BIPEA has introduced a new Proficiency Testing Scheme (PT 35d) for water microbiological testing facilities. Furthermore, the growing usage of laboratory proficiency testing as a result of rigorous regulations is expected to drive market growth in the future years. The escalated emphasis on water testing to identify micropollutants, contaminants, and microorganisms in freshwater and wastewater is projected to drive the market. Laboratory proficiency testing (PT) plays a pivotal role in water testing, particularly in microbiology, ensuring proficiency in accurately detecting and quantifying microbial contaminants during water quality analysis. Additionally, PT aids in determining groundwater age by employing tritium to map aquifer reserves and their susceptibility to surface pollution. The International Atomic Energy Agency (IAEA) reports that half of the 78 laboratories conducting this test meet the necessary analytical testing standards. The increasing emphasis on water testing to detect micropollutants, contaminants, and microorganisms in freshwater and wastewater is expected to contribute to market growth, particularly highlighting the crucial role of laboratory proficiency testing (PT) in water quality analysis.
Laboratory Proficiency Testing Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 8.1% over the forecast period (2023-2030)
Based on Technology segmentation, cell culture was predicted to show maximum market share in the year 2022
Based on Application segmentation, clinical diagnostic was the leading type in 2022
On the basis of region, North America was the leading revenue generator in 2022
The Global Laboratory Proficiency Testing Market is segmented on the basis of Technology, Application, End User, and Region.
The market is divided into six categories based on Technology: Cell Culture, Spectrometry, Polymerase Chain Reaction, Chromatography, Immunoassays and Others. In 2022, the cell culture segment dominated the market in terms of revenue share and is projected to sustain its supremacy in the foreseeable future. The segment's substantial market share stems from its widespread utilization in detecting infectious microorganisms. Additionally, the surge in the use of cell culture-based products has bolstered the adoption of this technology, aiming to achieve optimal production from microbial strain cultures. These tests serve as invaluable tools for preserving the accuracy and integrity of laboratory procedures, ensuring the safety and efficacy of cell culture-based products, and complying with regulatory standards in the pharmaceutical and healthcare sectors.
The market is divided into five categories based on Application: Clinical Diagnostic, Pharmaceutical, Microbiology, Cannabis and Others. The clinical diagnostic sector secured the largest market share in 2022 due to extensive adoption of proficiency testing aimed at minimizing errors and ensuring precise outcomes and quality in clinical diagnostic examinations. Proficiency testing holds substantial significance in clinical diagnostics, often serving as a prerequisite for CLIA certification, imperative for the lawful operation of laboratories. Moreover, acknowledging the pivotal role of PT, the Centers for Medicare and Medicaid Services (CMS) proposed updates to proficiency testing requisites for CLIA-regulated laboratories in July 2022.
Laboratory Proficiency Testing Market- Geographical Insights
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
Laboratory Proficiency Testing (PT) providers strategically design comprehensive testing programs encompassing diverse parameters and methodologies essential across multiple industries. These providers meticulously prepare and distribute high-quality, representative samples, enabling participating laboratories to effectively assess accuracy and precision. In-depth statistical analysis of submitted results generates detailed reports, assisting laboratories in pinpointing areas for enhancement and upholding elevated standards. Continuous program refinement through integration of feedback, education, and alignment with regulatory benchmarks ensures the pertinence and efficacy of PT initiatives. Collaborations and global outreach endeavors further broaden participation, fostering a culture of precision and dependability in laboratory testing practices across varied sectors.
In January 2023, BIPEA launched a new proficiency exam in surface microbiology, broadening its offering to assist professionals in improving their competency in surface microbiology research. NSI Lab has worked with Spex and USP testing in April 2022, giving an all-encompassing solution for specialists to assess their skills and satisfy regulatory expectations in the pharmaceutical business.
The scope of this report covers the market by its major segments, which include as follows: