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

Market Overview and Growth of the gel Permeation Chromatography Market

 Overview of the Market:

Size-exclusion chromatography is performed using gel permeation chromatography. This method is frequently used in polymer analysis and is usually performed in organic solvents. The size of the separated analytes is determined by their shape and density. The pore size of the beads in the column is used to determine the technique. The separation efficiency is determined by the pore size, and the system must have affinity for the analyte of interest. The sample needs to be dissolved in a solvent with a low affinity for it. The element injected into the column must have a pH value that is appropriate.

 

Market Development for Gel Permeation Chromatography

The market is predicted to rise as pharmaceutical and biotech businesses around the world focus more on research and development operations to deliver novel medicines to chronic diseases like cancer. CAR-T cell therapy, antibody-drug conjugates, and immunological check point inhibitors are examples of protein (Natural Polymer) based therapeutics. According to a survey published by the International Federation of Pharmaceutical Manufacturers and Associations in 2017, research-based pharmaceutical and biotech companies spend roughly US$ 149 billion on R&D each year. Over 7,000 molecules are being studied, with around 2,000 of them being cancer candidates. As a result, Gel permeation chromatography Market can effectively separate and characterise new chemical entities that are polymer-based, which is projected to boost market expansion in the near future.

Gel Permeation Chromatography (GPC) Market
Gel Permeation Chromatography Market


 Furthermore, the majority of the drugs under investigation are in the preclinical stage, which entails studying the structure and components of a novel chemical entity, which necessitates the use of the GPC system. However, the cost of the gel permeation chromatography equipment and its components is prohibitively costly, limiting its application in academic institutions outside of pharmaceutical corporations. Due to the vast number of applications, other analytical instruments such as LC-MS are more commonly employed, which is projected to slow the growth of the gel permeation chromatography market.

 

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