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...

Uveitis Treatment Market: drivers, opportunities, Key Developments

 Uveitis is an inflammation of the iris, choroid, and ciliary body, which make up the middle layer of tissue in the uvea of the eye wall. Uveitis is treated with a variety of medications, including cycloplegic agents, anti-inflammatory, antibacterial treatments, immunotherapy, targeted therapies, and others. Anterior uveitis, middle uveitis, posterior uveitis, and panuveitis are all kinds of uveitis. The most frequent type of uveitis is iritis, or anterior uveitis, which is an inflammation of the iris.

Because of the growing older population, the pervasiveness of uveitis, and accompanying comorbidities, the Uveitis Treatment landscape has changed dramatically. In addition, the launch of innovative biologics, fast-track pipeline medications, and increased investment in research & development for new drug discoveries are all propelling the Uveitis Treatment Market forward.

Drivers of the Global Uveitis Treatment Market

Over the forecast period, the high prevalence of uveitis is expected to drive growth in the worldwide Uveitis Treatment Market. According to the study 'Epidemiology of uveitis in urban Australia,' published in the journal Clinical and Experimental Ophthalmology in April 2019, the incidence of uveitis was 21.54 per 100 000 person?years. The prevalence of the disease was 36.27 per 100 000 people at the time.

Furthermore, the rising prevalence of autoimmune illnesses is likely to boost market growth. According to a research published in February 2019 in the journal Neurology by the National MS Society, almost 1 million persons in the United States had multiple sclerosis in 2017.


Uveitis Treatment Market
Uveitis Treatment Market


Opportunities in the Global Uveitis Treatment Market

Over the projected period, promising compounds in clinical trials are expected to provide lucrative growth prospects for participants in the worldwide uveitis therapy market. Tarsius Pharma, a clinical-stage biopharmaceutical startup, for example, concluded patient recruitment in its TRS01 Phase I/II trial in patients with active anterior non-infectious uveitis in June 2020.

The high prevalence of rheumatoid arthritis is also projected to boost market expansion. According to the article "Global, regional, and national burden of rheumatoid arthritis 1990-2017: a systematic analysis of the Global Burden of Disease study 2017," published in the Journal of the American College of Rheumatology, "global, regional, and national burden of rheumatoid arthritis 1990-2017: a systematic analysis of the Global Burden of Disease study 2017,"

 

 

Key Developments in the Global Uveitis Treatment Market

To extend their product range, major market players are focusing on R&D of new goods. For example, EyePoint Pharmaceuticals, Inc. released positive topline 36-month follow-up data from the second Phase 3 trial of the YUTIQ (fluocinolone acetonide intravitreal implant) 0.18 mg three-year micro-insert for the treatment of glaucoma.

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