Testing and Analysis Services Market: Current Analysis and Forecast (2021-2027)


Emphasis on Type (Water, Soil/Sediment, Clay Minerals, Metal Alloy, Biological Sample, Others); Application (Food & Beverages, Pharma/Medical Device, Oil & Gas Energy, Automobile & Transportation, Chemicals, Environment & Agriculture, Metal & Alloys, Architecture & Infrastructure); Region/Country









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Report Description
Table of content
Research Methodology

Report Description

The Global Testing and Analysis Services
is Expected to Display an Elevated CAGR of ~5% over the forecast period (2021-2027)

The global testing, and analysis services market is driven by stringent government regulations & standards across various industry verticals across the globe. Globalization has led to an increase in the number of food imports from other regions. This has resulted in the rising number of testing and analysis activities across countries. This growth in the number of counterfeit goods has driven government authorities to implement various guidelines. The regulations are intended to limit the inflow of counterfeit goods from foreign regions. The lack of commonly accepted standards and the growth in protectionist policies have been the major challenges restraining market growth. These protectionist policies impose high tariffs on imports from foreign regions

Moreover, the presence of numerous players coupled with the launch of new facilities in the regions is acting as a growth catalyst to the industry. Players are leveraging inorganic growth strategies, such as mergers & acquisitions, to gain market share. These companies are primarily targeting small players to expand their geographical reach and increase profitability. For instance, in June 2018, SGS acquired Polymer Solutions Incorporated (PSI), an independent material testing laboratory specializing in polymer science. This acquisition is aimed at strategically enhancing its global platform of materials science and testing laboratories to support the further expansion of its added-value services in new markets.

Current & Forecasted Installations of Industrial Robots Worldwide, 2015 to 2024 (in 1,000 Units)

ALS, Acuren, Activation Laboratories, Element Materials Technology, Elemental Analysis Inc, EAG, Eurofins Scientific Group, Galbraith Laboratories, Maxxam, Intertek Group, etc . are some of the prominent players operating in the Testing and Analysis Services market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products.

Insights Presented in the Report

“Amongst Type, Water segment holds the major share”

Based on type, the market is fragmented into Water, Soil/Sediment, Clay Minerals, Metal Alloy, Biological samples, and Others. The water segment grabbed the major market share and dominated the market in 2020. Water Testing and Analysis Services are used for water quality testing, which includes physical (e.g., turbidity), chemical (e.g., pH), and biological (e.g., coliforms) parameters of the water sample at certain time intervals to determine whether it is safe for drinking purposes or use in any other application. However, the metal segment would witness a considerable CAGR in the forthcoming period as well

“Amongst Application Type, Food and Beverage segment to grab considerable market share”

Based on the application, the market is fragmented into Food & Beverages, Pharma/Medical Devices, Oil & Gas Energy, Automobile and Transportation, Chemicals, Environment and Agriculture, Metal and alloy, Architecture, and Infrastructure. The food and beverage segment grabbed XX% market share in 2020. Moreover, the market of this segment would reach USD XX Mn by 2027. The key factors attributed to the growing market of this segment are the stringent regulations by FDA, rising health consciousness among end-users, etc. However, the pharma/medical device segment would witness a robust CAGR in the forthcoming years as well.

“North America represents one of the largest markets of Testing and Analysis Services market”

For a better understanding of the market dynamics of the Testing and Analysis Services market, a detailed analysis was conducted for different regions across the globe including North America, Europe, Asia Pacific, and the Rest of the world. North America dominated the market and generated the leading revenue share in 2020 owing to the availability of Testing and Analysis Services providers in abundance. Also, leading manufacturers of Testing and Analysis Services are currently implementing technologically advanced production processes to increase production efficacy and optimize product offerings

Reasons to buy this report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts
  • The report presents a quick review of overall industry performance at one glance
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
  • The study comprehensively covers the market across different segments
  • Deep dive regional level analysis of the industry

Customization Options:

The Testing and Analysis Services Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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1.1.Market Definitions
1.3.Stake Holders
1.4.Currency used in Report
2.1.Research Process of the Testing and Analysis Services Market
2.2.Research Methodology of the Testing and Analysis Services Market
2.3.Forecasting Method
2.4.Respondent Profile
2.5.Main Objective of the Testing and Analysis Services Market Study




7.3.Clay Minerals
7.4.Metal Alloy
7.5.Biological Sample
8.1.Food & Beverages
8.2.Pharma/Medical Device
8.3.Oil & Gas Energy
8.4.Automobile and Transportation
8.6.Environment and Agriculture
8.7.Metal and Alloys
8.8.Architecture and Infrastructure
9.1.North America Testing and Analysis Services Market 
 9.1.1.United States
 9.1.3.Rest of North America
9.2.Europe Testing and Analysis Services Market 
 9.2.1.United Kingdom
 9.2.6.Rest of Europe
9.3.Asia Pacific Testing and Analysis Services Market
 9.3.5.South Korea
 9.3.6.Rest of Asia Pacific
9.4.Rest of World Testing and Analysis Services Market 
10.1.Market Drivers
10.2.Market Challenges
10.3.Impact Analysis
14.1.Demand Side Analysis
14.2.Supply Side Analysis
 14.2.1.Top Product Launches
 14.2.2.Top Business Partnerships
 14.2.3.Top Business Expansions, Investments and Divestitures
 14.2.4.Top Merger and Acquisitions
16.1.Competitive Landscape
 16.1.1.Company Shares, By Revenue
17.3.Activation Laboratories
17.4.Element Materials Technology
17.5.Elemental Analysis Inc
17.7.Eurofins Scientific Group
17.8.Galbraith Laboratories
17.10.Intertek Group

Research Methodology

Analyzing the historical market, estimation of the current market, and forecasting the future market of the Testing and Analysis Services Market were the three major steps undertaken to create and analyze the demand for Testing and Analysis Services across major regions. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the Testing and Analysis Services market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/ bottom-up approach to forecast the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detailed secondary study was conducted to obtain the historical market size of the Testing and Analysis Services through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the Testing and Analysis Services market, we conducted a detailed secondary analysis to gather historical market insights and share for type, application for major regions. Major segments included in the report are type and application. Further region and country-level analyses were conducted to evaluate the overall adoption of Testing and Analysis Services across the globe.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Testing and Analysis Services. Further, we conducted factor analysis using dependent and independent variables such as the lockdown due to COVID 19, rising investment in R&D, etc., A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, merger and acquisition, business expansion, and product launches in the Testing and Analysis Services industry across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Testing and Analysis Services market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weightage was assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e. bottom-up/ top-down approach was applied to arrive at the market forecast about 2027 for different segments and subsegments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of value (US$) and the adoption rate of Testing and Analysis Services across the major markets domestically
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the Testing and Analysis Services market in terms of services offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the Testing and Analysis Services market. Data was split into several segments sub-segments post studying various parameters and trends in the areas of type, and application of the Testing and Analysis Services market.

Main Objective of the Testing and Analysis Services Market Study

The current & future market trends of Testing and Analysis Services were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends were determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of Testing and Analysis Services in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segments in the study include areas of type and application
  • Define and analysis of the regulatory framework for the Testing and Analysis Services industry
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
  • Analyze the current and forecast market size of the Testing and Analysis Services market for the major countries
  • The major region studied in the report includes North America, Europe, Asia- Pacific, and the Rest of the World.
  • Company profiles of the Testing and Analysis Services market and the growth strategies adopted by the market players to sustain in the fast-growing market

Deep dive regional level analysis of the industry