IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
Laboratory testing services in Canada endured a mixed performance over the past five years amid macroeconomic volatility, instability in commodity prices and the continued competitive threats from in-house operations. Lab testing services remain highly popular among companies seeking accredited testing solutions to ensure their products work safely and comply with federal regulations. Stable growth in corporate profit and research and development (R&D) expenditure generated a multifaceted revenue boost for the industry, as clients were able to outsource laboratory testing at a more robust pace. However, pressure from elevated interest rates in 2023 and the continued competitive challenges with digital technology in sampling and processing testing data undermined the industry. Revenue grew at a CAGR of 0.6% to an estimated $2.6 billion over the past five years, including an estimated 0.2% boost in 2025 alone.
Answer any industry question in minutes with our entire database at your fingertips.
Feed trusted, human-driven industry intelligence straight into your platform.
Streamline your workflow with IBISWorld’s intelligence built into your toolkit.
IBISWorld's research coverage on the Laboratory Testing Services industry in Canada includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released December 2025.
The Laboratory Testing Services industry in Canada operates under the NAICS industry code 54138CA. Laboratories in Canada perform physical, chemical and other analytical testing for commercial purposes. Such testing may occur in a laboratory or on-site where the product is manufactured or developed. Most results from industry-led tests are checked against government regulations and environmental, industrial and product standards. Related terms covered in the Laboratory Testing Services industry in Canada include research and development (r&d), certification and calibration.
Products and services covered in Laboratory Testing Services industry in Canada include Product performance testing and certification, Environmental testing and Energy testing.
Companies covered in the Laboratory Testing Services industry in Canada include ALS Canada Ltd., Bureau Veritas SA and SGS Canada Inc.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Laboratory Testing Services industry in Canada.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Laboratory Testing Services industry in Canada.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Laboratory Testing Services industry in Canada.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Laboratory Testing Services industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Laboratory Testing Services industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Laboratory Testing Services industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Laboratory Testing Services industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Laboratory Testing Services industry in Canada.
More than 6,000 businesses use IBISWorld to shape local and global economies
We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.
IBISWorld delivers the crisp business knowledge we need to drive our business. Whether it be serving up our major clients, winning new business or educating on industry issues, IBISWorld brings real value.
IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.
When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.
The market size of the Laboratory Testing Services industry in Canada is $2.6bn in 2026.
There are 2,301 businesses in the Laboratory Testing Services industry in Canada, which has declined at a CAGR of 2.6 % between 2020 and 2025.
The Laboratory Testing Services industry in Canada is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Laboratory Testing Services industry in Canada is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Laboratory Testing Services industry in Canada has been growing at a CAGR of 0.6 % between 2020 and 2025.
Over the next five years, the Laboratory Testing Services industry in Canada is expected to grow.
The biggest companies operating in the Laboratory Testing Services industry in Canada are ALS Canada Ltd., Bureau Veritas SA and SGS Canada Inc.
Product performance testing and certification and Biological and chemical testing are part of the Laboratory Testing Services industry in Canada.
The company holding the most market share in the Laboratory Testing Services industry in Canada is ALS Canada Ltd..
The level of competition is moderate and increasing in the Laboratory Testing Services industry in Canada.