I've used spectrometric oil analysis in the past. The labs I've used were Ashland Oil and U.S. Oil. Cost was under $10.00 a sample.
Large wear particles, greater than 20 microns, which most abnormal wear particles are, aren't in the arc or flame long enough to be fully excited, so spectrometric analysis is somewhat blind to abnormal wear.
To monitor abnormal engine wear I cut the used oil filter open and inspect the filter media.
The different procesess by which wear can occur interests me. How something as soft as a rubber lip seal can wear a hardened metal shaft is amazing. If anyone is interested in learning how NORMAL wear as well abnormal wear occurs I suggest reading "THE PARTICLES OF WEAR" in the May 1974 issue of SCIENTIFIC AMERICAN.