Laboratory Proficiency Market is expected to grow at of 6.80% in the forecast period of 2020 to 2027 and is estimated to reach a market value of USD 810.1 million by 2027 with factors like the challenges associated with the logistical & data interpretation which will hamper the growth of the market.
The rising demand of the biosimilars by the consumers the market is expected to enhance the market growth. Also, the increasing government support to clear food products through strict examining fixed with technological advancement is expected to create new opportunities for the market to grow.
According to Data Bridge Market Research the laboratory proficiency testing market in developing regions is witnessing a growth in terms of water testing, growing demand for the packaged food products, strict safety & quality regulations for food & pharmaceutical products, and increasing number of cannabis testing laboratories. High investment cost associated with the accurate & sensitive testing, lack of skilled & trained professionals are causing restrain to the market.
Now the question is which are the regions that laboratory proficiency testing market players should target? Data Bridge Market Research has forecast market leaders to target North America as dominating country in the market due to strict regulations associated with the laboratory operations and availability of many manufacturers in the region.
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Laboratory proficiency market is segmented on the basis of countries into the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA).
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Key Market Competitors Covered in the report
Above are the key players covered in the report, to know about more and exhaustive list of laboratory proficiency testing companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-laboratory-proficiency-testing-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecast using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Laboratory Proficiency Testing Market – Industry Trends and Forecast to 2027