U.S. Laboratory Proficiency Testing Market Size & Outlook
U.S. laboratory proficiency testing market, 2018-2030 (US$M)
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U.S. laboratory proficiency testing market highlights
- The U.S. laboratory proficiency testing market generated a revenue of USD 555.1 million in 2023 and is expected to reach USD 812.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, clinical diagnostics was the largest revenue generating industry in 2023.
- Cannabis is the most lucrative industry segment registering the fastest growth during the forecast period.
Laboratory proficiency testing market data book summary
| Market revenue in 2023 | USD 555.1 million |
| Market revenue in 2030 | USD 812.2 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Clinical diagnostics |
| Fastest growing segment | Cannabis |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clinical Diagnostics, Pharmaceuticals, Microbiology, Cannabis |
| Key market players worldwide | LGC Group, Bio-Rad Laboratories Inc, Randox, Merck KGaA, Randox Biosciences, QACS International, Weqas, BIPEA, NSI Lab Solutions, Absolute Standards, Instand |
Other key industry trends
- In terms of revenue, U.S. accounted for 40.8% of the global laboratory proficiency testing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. laboratory proficiency testing market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 70.1 million by 2030.
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Laboratory Proficiency Testing Market Scope
Laboratory Proficiency Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. laboratory proficiency testing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laboratory proficiency testing market will help companies and investors design strategic landscapes.
Clinical diagnostics was the largest segment with a revenue share of 33.27% in 2023. Horizon Databook has segmented the U.S. laboratory proficiency testing market based on clinical diagnostics, pharmaceuticals, microbiology, cannabis covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. held the largest share of North America’s laboratory proficiency testing market of the market share attributable to many accredited laboratories that must undergo stringent proficiency testing to maintain the accreditation status. There are over 200,000 laboratories in the U.S.; of these, 5% are hospital-based laboratories, which constitute 55% of the laboratory tests performed in the country.
As per Clinical Laboratory Improvement Amendments (CLIA) guidelines, these laboratories must undergo certification depending on the complexity of the laboratories. The presence of leading market players such as the American Proficiency Institute, College of American Pathologists, and Merck & Co., Inc. is also a key driver for the market in the country.
These companies are evolving & launching new proficiency testing programs, such as SARS-CoV-2 proficiency testing programs, to meet the CLIA standards for laboratories. PT services are not only made available for laboratories but also for pharmaceutical and biotechnology manufacturing companies for laboratory management.
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Target buyers of U.S. laboratory proficiency testing market databook
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Our clientele includes a mix of laboratory proficiency testing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. laboratory proficiency testing market , including forecasts for subscribers. This country databook contains high-level insights into U.S. laboratory proficiency testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. laboratory proficiency testing market size, by industry, 2018-2030 (US$M)
U.S. Laboratory Proficiency Testing Market Outlook Share, 2023 & 2030 (US$M)
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