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...

Antacid medications market Taxonomy and Regional Outlook

Acid reflux, which causes heartburn, indigestion, and stomach discomfort, is treated with antacids. They alleviate heartburn, which is a common symptom of gastroesophageal reflux disease and indigestion. Antacid treatment is symptomatic and is usually prescribed for minor symptoms. Magnesium carbonate, aluminium hydroxide, and magnesium trisilicate are all antacids. Antacids have been linked to allergic responses in certain people. Magnesium-containing antacids can cause diarrhoea, whereas calcium- and aluminum-containing antacids can cause constipation. Long-term use can lead to kidney stones and raise the chance of developing osteoporosis. Alka seltzer, Gelusil, Milk of Magnesia, Maalox, Gaviscon, Mylanta, Rolaids, and Tums are all popular antacid products.

 

Antacid medications market taxonomy – Formulation, Drug and Demographic

The Antacid medications market is divided into several categories, including formulation, drug, and demographic. The antacid drugs market is divided into four categories based on their formulation: pills, capsules, suspensions, and drops. The market for antacid drugs is divided into two categories based on demographics: products for children and products for adults. Antacid drugs are categorised as histamine-2 (H2) blockers, proton pump inhibitors, and pro-motility agents based on the drug. Nizatidine, Ranitidine, Cimetidine, and Famotidine are examples of H2 blockers. Rabeprazole, Esomeprazole, Lansoprazole, Pantoprazole, and Omeprazole are proton pump inhibitors used to treat acid reflux. Pro-motility drugs tighten the lower esophageal sphincter and minimise reflux into the oesophagus by stimulating the muscles of the gastrointestinal tract. Metoclopramide is a drug that is used to treat heartburn caused by GERD.

 

Antacid Medications Market
Antacid Maedications Market

Global Antacid Medications Market – Regional Outlook

The global demand for over-the-counter antacid medicines is being fueled by a growing tendency of self-medication for gastrointestinal diseases. The expanding use of antacids in North America, owing to rising prevalence of gastroesophageal reflux disease (GERD), is likely to result in a surge in demand in the region. According to a research published in February 2016 by the American Gastroenterological Association, about one-third of the population in the United States suffers from GERD. According to a study published in June 2014 by the National Center for Biotechnology Information (NCBI), the prevalence of GERD increased at a rate ranging from 18.1 percent to 27.8% in North America, 8.7 percent to 33.1 percent in the Middle East, 8.8 percent to 25.9% in Europe, 2.5 percent to 7.8% in Southeast Asia, and around 11.6 percent in Australia.

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