Laboratory Proficiency Testing Market Size, Top Share

Research Methodology – Laboratory Proficiency Testing Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Laboratory Proficiency Testing Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Laboratory Proficiency Testing Market is developed by integrating key market indicators and macroeconomic variables. These include:

Factors considered while calculating market size and share

Number of laboratories involved in proficiency testing.
Revenue generated from different types of proficiency tests.
The cost of proficiency testing services.
Demand for proficiency testing in different sectors like healthcare, manufacturing, etc.
The geographical spread of the market such as regional or global.
Market penetration rates in different regions or countries.
Number of service providers in the market.

Key Market Indicators

Growth rate of the healthcare sector as a key user of laboratory proficiency testing services.
Number of accredited laboratories which require proficiency testing.
Investment in research and development activities that require laboratory testing.
The regulatory landscape and the requirement for proficiency testing by different industry standards.
Technological advancements in the sector such as development and use of automated testing services.

Growth Trends

Increase in demand due to the rising need for reliable and high-quality testing services.
Growth in the number of accredited labs due to increased awareness about the importance of proficiency testing.
Expansion beyond traditional industries into emerging sectors like food testing, environmental testing, etc.
Growth in the proficiency testing market due to stricter regulation and the requirement for compliance with quality standards.
Increase in demand due to globalization and the need for international lab-to-lab comparison.

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Laboratory Proficiency Testing Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the Laboratory Proficiency Testing Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: