Future Prospects of Global Laboratory Proficiency Testing Market

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Laboratory Proficiency Testing Market  The global Laboratory Proficiency Testing Market is estimated to be valued at US$ 1.29 billion in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Laboratory proficiency testing involves evaluating the performance of laboratories for a given scope of testing through inter-laboratory comparisons. It helps assess the quality and competence of laboratories by determining reproducibility and accuracy of test results. Proficiency testing products are used by laboratories to determine method validity and accuracy, and improve testing processes. Market Key Trends: One of the major trends in the laboratory proficiency testing market is the growing number of accredited medical laboratories. Accreditation assures compliance with ISO 15189 and ISO/IEC 17025 standards, which require participation in proficiency testing programs. Acc...

Central Venous Catheter Market Analysis and Factors

 A central venous catheter, also known as a central line or a central venous line, is a type of central venous catheter. It is a flexible tube that is put into a vein beneath the right side of the collarbone and led to the superior vena cava, a big vein that leads to the heart. Intravenous liquids, blood transfusions, and chemotherapy medications are all administered through a central venous catheter.

In 2011, the Centers for Disease Control and Prevention (CDC) released guidelines to help prevent intravascular catheter-related infections, which were updated in 2017.

The Central Venous Catheter market is predicted to develop due to factors such as an increase in the prevalence of cardiovascular illnesses such as atherosclerosis, coronary artery disease, myocardial infarction, and cardiomyopathy, increased awareness of sophisticated technologies, and an increase in the geriatric population. In addition, the market is growing due to an increase in demand for antimicrobial catheters. In rising markets such as Africa, Asia-Pacific, and the Middle East, however, high product costs are projected to constrain the market. During the projection period, R&D in the sector of surgical equipment is expected to provide new opportunities.

Product, property, design, composition, end-user, and geography are all used to segment the central venous catheter market. The market is divided into tunnelled and non-tunneled catheters based on product. The market is divided into antimicrobial and non-antimicrobial catheters based on their properties. Based on product, the market is split into tunnelled and non-tunneled catheters. Based on its qualities, the market is classified into antimicrobial and non-antimicrobial catheters. The market is divided into hospitals, ambulatory surgical centres, clinics, and others based on the end-user. It was studied across North America, Europe, Asia-Pacific, and Latin America and the Caribbean.


Central Venous Catheter Market

Furthermore, the increased prevalence of chronic diseases such as cancer, cardiovascular diseases, and chronic kidney disease (CKD) is driving the demand for treatment and care using central venous catheterization, which is likely to fuel market growth. According to WHO data, cancer was the second-leading cause of death globally in February 2018, with roughly 18.1 million new cases and 9.6 million deaths reported. According to the same source, cancer kills roughly 70% of people in low- and middle-income nations, and cancer kills one out of every six people worldwide.

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