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...

Global Industry Analysis and Regional Insights on Aspergillosis Treatment Market

 Aspergillosis is a medical disorder in which aspergillus mould, which is commonly found in the environment, causes infection or an allergic reaction. Allergic bronchopulmonary aspergillosis, allergic aspergillus sinusitis, aspergilloma, chronic pulmonary aspergillosis, invasive aspergillosis, and cutaneous (skin) aspergillosis are all kinds of aspergillosis. According to the CDC, allergic bronchopulmonary aspergillosis affects 15% of cystic fibrosis patients, 2.5 percent of asthma patients, and 2.5 percent of tuberculosis patients. As a result of the increase in the number of instances of aspergillosis and the development in treatment choices, the Aspergillosis treatment market is expected to grow rapidly. Furthermore, increased public awareness about aspergillosis treatment, rising demand for treatment, rising aspergillosis incidence, and advancements in aspergillosis diagnosis methods are driving the aspergillosis treatment market.

The Aspergillosis treatment market is now undergoing intensive research and development, with a large number of new products being introduced. This pushes manufacturers to meet the growing demand from patients for efficient and effective treatment options. The Aspergillosis treatment market is one of the most concentrated, with key industry players such as Pfizer, Inc., Novartis AG, Astra Zeneca plc, Abbott Laboratories, Inc., Merck & Co., and GlaxoSmithKline holding considerable market share. The majority of firms devote significant research resources to the development of novel drug regimens, as well as substantial financial support. This has contributed to the market's expansion. As a result, the huge unmet need for aspergillosis curative treatment will create a considerable market potential. Emerging economies in Asia, where illness prevalence is relatively high, are projected to fuel growth in the worldwide aspergillosis market.


Aspergillosis Treatment Market
Aspergillosis Treatment Market

Regional Insights into the Aspergillosis Treatment Market

The Aspergillosis treatment market into North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. Because of increased government initiatives for identifying and treating infection, the Aspergillosis treatment market in North America is projected to keep a dominating position. In 2016, the Infectious Diseases Society of America (IDSA) updated their guidelines for identifying and treating Aspergillus species infections. The publication provides recommendations for non-culture-based Aspergillus infection detection and discourages the use of combination antifungal medication for primary care. Isavuconazole, a novel antifungal medicine licenced by the US Food and Drug Administration in March 2015 to treat mucormycosis and aspergillosis, is also defined in the guidelines. The market for Aspergillosis therapy is expected to grow significantly over the forecast period, owing to an increase in the number of untreated patients in Asia Pacific.

 

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