United States
US 54149693 | Procurement

Product Testing Services in the US Procurement Price, Data and Insights

IW
IBISWorld Research Department
Analyst New York
Suppliers perform various physical, chemical, and other types of analytical testing for commercial purposes. Such testing occurs in laboratories or on-site where products are manufactured or developed. Most test results from these services are compared to government standards and metrics set by national associations to ensure uniformity in product safety and quality. Services are offered by large and specialized testing laboratories to buyers from the pharmaceutical, manufacturing, and consulting industries.

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What’s included in this market coverage

IBISWorld's research coverage on the Product Testing Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.

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About this Market

What’s this procurement report about?

This procurement coverage of the Product Testing Services market in the United States includes Nondestructive Testing Services, Certification Services, Toxicity Testing, Tensile & Compression Testing and Environmental Chamber Testing. Standard coding in this coverage includes ISIC-712-Technical testing and analysis, NACE-71.20-Technical Testing And Analysis, NAICS-541380-Testing Laboratories and Services and UNSPSC-81141506-Product testing.

What common market terminology is included?

Common market terminology included in the Product Testing Services procurement coverage includes Research & Development (R&D) (Creative work undertaken by a company in order to increase knowledge, which can then be applied to developing a new product or improving an existing one.), Outsource (To procure goods or services under contract with an outside supplier.) and Certification (Confirmation that a product has passed a certain test and has performed, or has exceeded, expectations set by the test.).

What companies are included as top suppliers?

The top companies covered in the Product Testing Services procurement report as suppliers are Underwriters Laboratories Inc., Tuv Sud, Pace Analytical Services Inc., National Technical Systems, Inc. and Factory Mutual Insurance Co.

Opportunity Assessment

What’s included in the Opportunity Assessment chapter?

The Opportunity Assessment chapter provides a comprehensive market analysis of the Product Testing Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.

The market pricing trends include the Market Price (2026) per test, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.

Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Product Testing Services market environment.

Buyer Power Score

What’s included in the Buyer Power Score chapter?

The Buyer Power Score chapter assesses key components impacting Product Testing Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.

These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.

Price Environment

What’s included in the Price Environment chapter?

The Price Environment chapter covers detailed pricing analysis and datasets on Product Testing Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.

Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.

Supply Chain & Vendors

What’s included in the Supply Chain & Vendors chapter?

The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Product Testing Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.

Business Requirements

What’s included in the Business Requirements chapter?

The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.

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Frequently Asked Questions

What is the current market price for Product Testing Services?

The 2026 benchmark market price for Product Testing Services is $270 per test. Prices have increased at a CAGR of 3.29 from 2023-26.

Who are the top vendors in the Product Testing Services market?

The top vendors in the Product Testing Services market include Underwriters Laboratories Inc., Tuv Sud, Pace Analytical Services Inc., National Technical Systems, Inc. and Factory Mutual Insurance Co.

What industries supply the Product Testing Services market?

The top industries supplying the Product Testing Services market are Chemical Wholesaling in the US, Inorganic Chemical Manufacturing in the US, Organic Chemical Manufacturing in the US, Laboratory Supply Wholesaling in the US, Glass Product Manufacturing in the US and Navigational Instrument Manufacturing in the US.

What is the supply chain risk for Product Testing Services?

A fragmented supplier base increases competition despite moderate vendor capability variability. The product testing services market exhibits low market share concentration, with a wide range of laboratories and specialized providers competing across industries. Vendor risk is medium, as capabilities, accreditation levels, and financial stability vary across suppliers. This fragmentation enhances buyer leverage but requires careful qualification. Buyers should prioritize certified providers, validate technical expertise, and maintain multi-supplier strategies to ensure consistent quality while benefiting from competitive pricing dynamics.

What factors affect the price of Product Testing Services?

Quality certifications increase product value and testing costs due to enhanced consumer trust and regulatory compliance. Certifications like ISO or ASTM often justify premium pricing in regulated sectors like pharmaceuticals and manufacturing.

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