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. Accordi

Extracorporeal Shock Wave Lithotripsy Market Analysis and Categories

Extracorporeal shock wave lithotripsy, which uses an acoustic pulse to treat kidney stones and biliary calculi, is also used to treat salivary stones and pancreatic stones. The lithotripter delivers a high-intensity acoustic pulse that crushes the stone while inflicting minimum collateral harm to normal tissue, and shock waves shatter the stones into smaller fragments.

Extracorporeal shock wave lithotripsy is a type of extracorporeal shock wave lithotripsy that is frequently utilised by physicians throughout the world because to its significant characteristics such as non-invasiveness, quick recovery, reduced pain, and short hospital stay. Patients with tiny stones (less than 1 centimetre) have a good success rate with extracorporeal shock wave lithotripsy. The extracorporeal shock wave lithotripsy market is also expected to develop due to rising obesity rates and an increase in the number of diabetic patients.


Extracorporeal Shock Wave Lithotripsy Market
Extracorporeal Shock Wave Lithotripsy Market

In addition, the increased occurrence of kidney and ureter stones is likely to promote market growth in the near future. The market is expected to rise due to the rapid expansion of healthcare infrastructure in emerging economies and growing awareness of the availability of technically advanced equipment to carry out treatments. Within one to two days after extracorporeal shock wave lithotripsy treatment, the patient can resume normal activities. The prevalence of kidney stones was observed to be higher in women than in men in the 2012 National Health and Nutrition Examination Survey.

The extracorporeal shock wave lithotripsy market can be divided into three categories: technological, applications, and end-user. The market can be divided into three technological segments: electrohydraulic technology, piezoelectric technique, and electromagnetic technique. The most ancient and unique way of shockwave generating is electrohydraulic. As a result, it has the biggest market share and is the most often used extracorporeal shock wave lithotripsy treatment among physicians and doctors. The piezoelectric technology, on the other hand, is expected to expand at the fastest rate during the forecast period. Extracorporeal shock wave lithotripsy is utilised for kidney stones, uretic stones, pancreatic stones, and salivary stones, among other applications. The highest market share belongs to extracorporeal shock wave lithotripsy for kidneys, which is expected to rise at a steady rate over the projected period. Extracorporeal shock wave lithotripsy is divided into hospitals, clinics, radiology labs, and other settings, depending on the end-user. The end-user market for extracorporeal shock wave lithotripsy was dominated by hospitals. However, due to technical advancements and shorter recovery times and early discharge after treatment, the number of clinics delivering extracorporeal shock wave lithotripsy is increasing.

 

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