Published :
Tables : 50
Figures : 45
Category : Healthcare
No. of Pages : 200
Report Code : HC-1335
Laboratory Proficiency Testing Market Introduction Laboratory proficiency testing market is forecasted to value over USD 1 billion by 2027 end and register a CAGR of over 6.4% during the forecast period 2020-2027. Stringent regulations imposed by regulatory authorities like FDA to ensure quality on drug and food-related products are driving the growth of the market. The increasing demand for testing water to check the level of contamination is also inflating the laboratory proficiency testing market size. In 2019, the FDA conducted tests of grocery products on shelves. The test was conducted to examine the greasy chemical that settles in the body. The chemical, polyfluoroalkyl substance, was present in chocolates. The testing of microorganisms and pathogens in food and beverages is expected to bolster the market. The market is bifurcated into by industry, by technology, and by region. The branded segment of the pharmaceutical segment is expected to dominate the growth of the market. The strict regulations regarding the efficacy of drugs, drug development processes for prescription of novel medications are the factors increasing the demand of branded drug thus propelling the market. The microbiology segment is also expected to witness significant growth owing to rapid demand for laboratory proficiency testing programs for microbiology labs. Microbiologists carry out tests for the examination and treatment of diseases. In order to ensure safe and effective research, this testing method is necessary which is resulting in the inflation of laboratory proficiency testing market size. In terms of region, North America is expected to hold a major market share. Increasing awareness regarding the procurable of quality laboratory proficiency testing programs is expected to boost the presence of the market in the region. The presence of favorable regulations alongside the presence of prominent players is expected to increase the overall market size. The availability of skilled professionals in regions like Canada and U.S is also positively influencing the market growth. Prominent players of the market are Absolute Standards Inc, NSI Lab Solutions, AOAC, Phenova Inc, Advanced Analytical Solutions, LLC, FAPAS, Bipea, Bio-Rad Laboratories, LGC Limited, Merck, Randox Laboratories, QACS, College of American Pathologists and Waters Corporation. Competitive Landscape: Fera Science with collaboration with Isvea srl, in 2018 launched the world's most thorough proficiency testing scheme StarEcotronics Randox and Qnostics in 2018 agreed to a strategic partnership. The partnership allowed Qnostics to access Randox's commercial capabilities to expand itself in the market and allowed Randox to have access to Qnostics product portfolio and distribution LGC, in 2018 expanded its immunosuppressant certified portfolio with the launch of Human blood-sirolimus LGC, in 2018 augmented its VALIDATE THY product by adding Free Triiodothyronine (FT3) as a component of Total Triiodothyronine LGC, in 2017 acquired API Food Quality, Inc. (US). The acquisition helped LGC expand its product folio in the food industry Merck acquired BioControl Systems Inc. The acquisition allowed Merck to expand itself in the food and beverage industry LGC signed an agreement with National Measurement Institute of Australia to supply reference materials in the field of forensic drugs, veterinary materials, pesticides, and sports drugs. Laboratory Proficiency Testing Market Segmentation: By Industry • Clinical Diagnostics o Routine Chemistry o Hematology o Endocrinology o Other Tests • Food and Animal Feed o Meat & Meat Products o Vegetables & Fruits o Dairy Products o Fish o Eggs o Fat/Oil o Other Products • Microbiology o Pathogen Testing o Sterility Testing o Endotoxin & Pyrogen Testing o Growth Promotion Testing o Other Microbial Testing • Environmental • Commercial Beverages • Pharmaceuticals • Water • Nutraceuticals • Biologics o Vaccines o Blood o Tissues • Cannabis/Opioids o Residual Solvents o Mold & Bacteria o Pesticides • Dietary Supplements • Cosmetics By Technology Polymerase Chain Reaction (PCR) Cell Culture Immunoassays Chromatography Spectrometry Other Technologies By Region North America Europe Asia Pacific Latin America Rest of the World FutureWise Key Takeaways: Growth Prospects SWOT Analysis Key Trends Key data-points affecting market growth Objectives of the Study: To provide complete information and analysis on the global laboratory proficiency testing market and its various segments To deliver all-inclusive information on the elements impacting the market To cover and provide the latest product launches, collaborations, and acquisitions To provide extensive information on the strategies opted by key players of the market To predict the impact of the market in regions like North America, Europe, Asia-Pacific, Latin America and the rest of the world Flexible Delivery Model: We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement The customization Mobility Care offered are free of charge with purchase of any license of the report You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com
Laboratory proficiency testing market is forecasted to value over USD 1 billion by 2027 end and register a CAGR of over 6.4% during the forecast period 2020-2027.
Stringent regulations imposed by regulatory authorities like FDA to ensure quality on drug and food-related products are driving the growth of the market. The increasing demand for testing water to check the level of contamination is also inflating the laboratory proficiency testing market size. In 2019, the FDA conducted tests of grocery products on shelves. The test was conducted to examine the greasy chemical that settles in the body. The chemical, polyfluoroalkyl substance, was present in chocolates. The testing of microorganisms and pathogens in food and beverages is expected to bolster the market.
The market is bifurcated into by industry, by technology, and by region. The branded segment of the pharmaceutical segment is expected to dominate the growth of the market. The strict regulations regarding the efficacy of drugs, drug development processes for prescription of novel medications are the factors increasing the demand of branded drug thus propelling the market.
The microbiology segment is also expected to witness significant growth owing to rapid demand for laboratory proficiency testing programs for microbiology labs. Microbiologists carry out tests for the examination and treatment of diseases. In order to ensure safe and effective research, this testing method is necessary which is resulting in the inflation of laboratory proficiency testing market size.
In terms of region, North America is expected to hold a major market share. Increasing awareness regarding the procurable of quality laboratory proficiency testing programs is expected to boost the presence of the market in the region. The presence of favorable regulations alongside the presence of prominent players is expected to increase the overall market size. The availability of skilled professionals in regions like Canada and U.S is also positively influencing the market growth.
Prominent players of the market are Absolute Standards Inc, NSI Lab Solutions, AOAC, Phenova Inc, Advanced Analytical Solutions, LLC, FAPAS, Bipea, Bio-Rad Laboratories, LGC Limited, Merck, Randox Laboratories, QACS, College of American Pathologists and Waters Corporation.
Competitive Landscape:
Laboratory Proficiency Testing Market Segmentation:
By Industry
• Clinical Diagnostics o Routine Chemistry o Hematology o Endocrinology o Other Tests • Food and Animal Feed o Meat & Meat Products o Vegetables & Fruits o Dairy Products o Fish o Eggs o Fat/Oil o Other Products • Microbiology o Pathogen Testing o Sterility Testing o Endotoxin & Pyrogen Testing o Growth Promotion Testing o Other Microbial Testing • Environmental • Commercial Beverages • Pharmaceuticals • Water • Nutraceuticals • Biologics o Vaccines o Blood o Tissues • Cannabis/Opioids o Residual Solvents o Mold & Bacteria o Pesticides • Dietary Supplements • Cosmetics
By Technology
By Region
FutureWise Key Takeaways:
Objectives of the Study:
Flexible Delivery Model:
1. Market Introduction 1.1. Objectives of the Study 1.2. Market Definition 1.3. Market Scope 1.3.1. Years Considered for the Study 1.3.2. Market Covered 1.4. Currency 1.5. Limitations 1.6. Stakeholders 2. Research Methodology 2.1. Research Data 2.1.1. Secondary Data 2.1.1.1. Key Data from Secondary Sources 2.1.2. Primary Data 2.1.2.1. Key Data from Primary Sources 2.2. Market Size Estimation 2.3. Market Breakdown and Data Triangulation 2.4. Assumptions for the Study 3. Executive Summary 3.1. Market Outlook 3.2. Segment Outlook 3.3. Competitive Insights 4. Global Laboratory Proficiency Testing Market Variables, Trends & Scope 4.1. Market Lineage Outlook 4.2. Penetration and Growth Prospect Mapping 4.3. Industry Value Chain Analysis 4.4. Cost Analysis Breakdown 4.5. Technology Overview 4.6. Regulatory Framework 4.6.1. Reimbursement Framework 4.6.2. Standards and Compliances 5. Global Laboratory Proficiency Testing Market Overview 5.1. Market Dynamics 5.1.1. Market Driver Analysis 5.1.1.1. Increasing focus of Laboratory Proficiency Testing Companies on Brand Protection 5.1.1.2. Untapped Opportunities in Emerging Regions 5.1.2. Market Restraint Analysis 5.1.2.1. High Cost Associated with Implementation of Predictive Analysis 5.1.3. Industry Challenges 5.1.3.1. Presence of Ambiguous Regulatory Framework 6. Global Laboratory Proficiency Testing Market Analysis Tools 6.1. Industry Analysis - Porter’s 6.1.1. Supplier Power 6.1.2. Buyer Power 6.1.3. Substitution Threat 6.1.4. Threat from New Entrants 6.1.5. Competitive Rivalry 6.2. Pestel Analysis 6.2.1. Political Landscape 6.2.2. Environmental Landscape 6.2.3. Social Landscape 6.2.4. Technology Landscape 6.2.5. Legal Landscape 6.3. Major Deals And Strategic Alliances Analysis 6.3.1. Joint Ventures 6.3.2. Mergers and Acquisitions 6.3.3. Licensing and Partnership 6.3.4. Technology Collaborations 6.3.5. Strategic Divestments 6.4. Market Entry Strategies 6.5. Case Studies 7. Global Laboratory Proficiency Testing Market, By Industry Historical Analysis and Forecast 2020-2027 (USD Million) 7.1. Clinical Diagnostics 7.1.1. Routine Chemistry 7.1.2. Hematology 7.1.3. Endocrinology 7.1.4. Other Tests 7.2. Food and Animal Feed 7.2.1. Meat & Meat Products 7.2.2. Vegetables & Fruits 7.2.3. Dairy Products 7.2.4. Fish 7.2.5. Eggs 7.2.6. Fat/Oil 7.2.7. Other Products 7.3. Microbiology 7.3.1. Pathogen Testing 7.3.2. Sterility Testing 7.3.3. Endotoxin & Pyrogen Testing 7.3.4. Growth Promotion Testing 7.3.5. Other Microbial Testing 7.4 Environmental 7.5. Commercial Beverages 7.6. Pharmaceuticals 7.7. Water 7.8. Nutraceuticals 7.9. Biologics 7.9.1. Vaccines 7.9.2. Blood 7.9.3. Tissues 7.10. Cannabis/Opioids 7.10.1. Residual Solvents 7.10.2. Mold & Bacteria 7.10.3. Pesticides 7.11. Dietary Supplement 7.12. Cosmetics 8. Global Laboratory Proficiency Testing Market , By Technology Historical Analysis and Forecast 2020-2027 (USD Million) 8.1. Polymerase Chain Reaction (PCR) 8.2. Cell Culture 8.3. Immunoassays 8.4. Chromatography 8.5. Spectrometry 8.6. Other Technologies 9. North America Market Analysis 2012–2019 and Forecast 2020–2027 (USD Million) 9.1. Introduction 9.2. Historical Market Size (USD Million) Analysis By Country, 2012-2019 9.2.1. U.S.A 9.2.2. Canada 9.2.3. Mexico 9.3. Market Size (USD Million) Forecast for North America 2020-2027 10. Latin America Market Analysis 2012–2019 and Forecast 2020–2027 (USD Million) 10.1. Introduction 10.2. Historical Market Size (USD Million) Analysis By Country, 2012-2019 10.2.1. Brazil 10.2.2. Venezuela 10.2.3. Argentina 10.2.4. Rest of Latin America 10.3. Market Size (USD Million) Forecast for Latin America 2020-2027 11. Europe Market Analysis 2012–2019 and Forecast 2020–2027 (USD Million) 11.1. Introduction 11.2. Historical Market Size (USD Million) Analysis By Country, 2012-2019 11.2.1. Germany 11.2.2. U.K 11.2.3. France 11.2.4. Italy 11.2.5. Spain 11.2.6. Russia 11.2.7. Poland 11.2.8. Rest of Europe 11.3. Market Size (USD Million) Forecast for Europe 2020-2027 12. Asia Pacific Market Analysis 2012–2019 and Forecast 2020–2027 (USD Million) 12.1. Introduction 12.2. Historical Market Size (USD Million) Analysis By Country, 2012-2019 12.2.1. Japan 12.2.2. China 12.2.3. India 12.2.4. Australia and New Zealand 12.2.5. ASEAN 12.2.6. Rest of Asia Pacific 12.3. Market Size (USD Million) Forecast for Asia Pacific 2020-2027 13. Middle East and Africa Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 13.1. Introduction 13.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 13.2.1. Saudi Arabia 13.2.2. UAE 13.2.3. South Africa 13.2.4. Egypt 13.3. Market Size (USD Million) Forecast for MEA 2020-2027 14. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Connected Devices and Disease Indication Portfolio, Financial Layouts) 14.1. Absolute Standards Inc. 14.1.1. Company Overview 14.1.2. Product Portfolio 14.1.3. SWOT Analysis 14.1.4. Financial Overview 14.1.5. Strategic Overview 14.2. NSI Lab Solutions 14.2.1. Company Overview 14.2.2. Product Portfolio 14.2.3. SWOT Analysis 14.2.4. Financial Overview 14.2.5. Strategic Overview 14.3. AOAC 14.3.1. Company Overview 14.3.2. Product Portfolio 14.3.3. SWOT Analysis 14.3.4. Financial Overview 14.3.5. Strategic Overview 14.4. Phenova Inc. 14.4.1. Company Overview 14.4.2. Product Portfolio 14.4.3. SWOT Analysis 14.4.4. Financial Overview 14.4.5. Strategic Overview 14.5 Advanced Analytical Solutions, LLC. 14.5.1. Company Overview 14.5.2. Product Portfolio 14.5.3. SWOT Analysis 14.5.4. Financial Overview 14.5.5. Strategic Overview 14.6 FAPAS. 14.6.1. Company Overview 14.6.2. Product Portfolio 14.6.3. SWOT Analysis 14.6.4. Financial Overview 14.6.5. Strategic Overview 14.7. Bipea 14.7.1. Company Overview 14.7.2. Product Portfolio 14.7.3. SWOT Analysis 14.7.4. Financial Overview 14.7.5. Strategic Overview 14.8. Bio-Rad Laboratories 14.8.1. Company Overview 14.8.2. Product Portfolio 14.8.3. SWOT Analysis 14.8.4. Financial Overview 14.8.5. Strategic Overview 14.9. LGC Limited 14.9.1. Company Overview 14.9.2. Product Portfolio 14.9.3. SWOT Analysis 14.9.4. Financial Overview 14.9.5. Strategic Overview 14.10. Randox Laboratories 14.10.1. Company Overview 14.10.2. Product Portfolio 14.10.3. SWOT Analysis 14.10.4. Financial Overview 14.10.5. Strategic Overview 14.11. QACS 14.11.1. Company Overview 14.11.2. Product Portfolio 14.11.3. SWOT Analysis 14.11.4. Financial Overview 14.11.5. Strategic Overview 14.12. College of American Pathologists 14.12.1. Company Overview 14.12.2. Product Portfolio 14.12.3. SWOT Analysis 14.12.4. Financial Overview 14.12.5. Strategic Overview 14.13. Waters Corporation 14.13.1. Company Overview 14.13.2. Product Portfolio 14.13.3. SWOT Analysis 14.13.4. Financial Overview 14.13.5. Strategic Overview 15. FutureWise SME Key Takeaway Points for Client
UK : +44 141 628 9353 US : +1 347 709 4931
OR
Excel Dataset
Infographics
PDF Report
Market Overview
PowerPoint Presentation
Consumer Perception and Procurement
Competitive Analysis
What’s Next
Market Data Forecast
Risks and Opportunity Assessment
Market Trends and Dynamics