PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1741522
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1741522
Laboratory Proficiency Testing Market is estimated to be valued at USD 1.48 Bn in 2025 and is expected to reach USD 2.42 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.3% from 2025 to 2032.
Report Coverage | Report Details | ||
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Base Year: | 2024 | Market Size in 2025: | USD 1.48 Bn |
Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: | 7.30% | 2032 Value Projection: | USD 2.42 Bn |
Laboratory proficiency testing, often referred to as proficiency testing (PT) or interlaboratory comparison, is a quality assurance practice that is used in various fields, particularly in analytical and scientific laboratories. Its primary purpose is to assess and verify the accuracy and reliability of a laboratory's testing or measurement results by comparing them to those of other laboratories.
In a proficiency test multiple artifacts are sent between a numbers of involved laboratories. Each laboratory measures the artifacts according to a given set of instructions and reports its results to the administrator.
The results reported by each laboratory are compared to the reference value. The reference value can be determined in various ways. The two most common ways are to use a reference laboratory or use the average of the values reported by the participants.
Increasing regulatory requirements and quality standards across industries such as healthcare, pharmaceuticals, and food safety boosts demand for proficiency testing services to ensure compliance. This is expected to propel growth of the global laboratory proficiency testing market during the forecast period. Moreover, growing international trade leads to need for harmonized testing and quality assurance standards, and this boosts demand for proficiency testing to demonstrate product safety and quality on a global scale.