Future Prospects of Global Laboratory Proficiency Testing Market

Image
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
Post a Comment

Artificial Pancreas Device System Market Analysis and Key trends

Insulin administration might be difficult for type 1 diabetes (T1D) patients on a daily basis. Insulin pumps, pens, and jet injectors have made diabetes management easier by eliminating the need for uncomfortable insulin delivery devices like needles and syringes. Furthermore, organisations like the Juvenile Diabetes Research Foundation (JDRF) have partnered with industry leaders like Medtronic, Inc., Johnson & Johnson, and Tandem Diabetes Care, Inc. to develop breakthrough insulin and glucose monitoring systems/devices.

An insulin pump, sensor, transmitter, and receiver are all part of the artificial pancreas device system (APDS). Medtronic, Inc.'s MiniMed 530G was the first artificial pancreas device system (APDS) to be approved by the US Food and Drug Administration.

An insulin pump coupled to a continuous glucose monitor is referred to as an artificial pancreas. The monitor is controlled by sophisticated software algorithms through a receiver. It is used to aid in the regulation of blood sugar levels in persons with type 1 diabetes. The only enzyme-based hormone insulin that is now available is delivered by current technologies. Because the body normally produces and excretes insulin, the use of an artificial pancreas can assist diabetics reduce their insulin requirements by reducing the amount of the hormone generated and expelled. In most cases, they are less expensive than manual methods.

 

Artificial Pancreas Device System Market Key Trends

For the development of innovative artificial pancreas device systems Market, key market players are focused on strategic alliances and collaborations. Such collaborations among key companies may result in the creation of novel devices, propelling the artificial pancreas device system (APDS) market forward over the forecast period. For example, Diabeloop SA and ViCentra signed a distribution deal in April 2019 to make the DBLG1 artificial pancreas system commercially available in several European countries. Medtronic Plc. and DreaMed Diabetes, an Israeli firm, signed a deal in 2015 to incorporate DreaMed's patented artificial pancreas technology into Medtronic's insulin pumps. DreaMed got secret royalties for Medtronic devices that use the flagship GlucoSitter automated insulin administration system, according to the deal.


Artificial Pancreas Device System Market
Artificial Pancreas Device System


 

Comments

Post a Comment

Popular posts from this blog

Global Disposable Face Mask Market Share

Image
 Disposable Face Mask Market  The global Disposable Face Mask Market is estimated to be valued at US$ 44.72 Bn or Mn in 2022 and is expected to exhibit a CAGR of 10.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Disposable face masks are personal protective equipment used to cover mouth and nose. They help reduce the spread of infectious particles from coughs and sneezes. The increasing awareness about health and hygiene due to COVID-19 pandemic has boosted the demand for disposable face masks. Market key trends: One of the major trends in the disposable face mask market is the increasing adoption of eco-friendly masks. With rising concern about plastic pollution, many manufacturers are introducing compostable and biodegradable face masks made from materials like bamboo fibers. These masks are durable as well as decomposable and help reduce environmental footprint. Another key trend is the development o
Read more

Future Prospects of Global Laboratory Proficiency Testing Market

Image
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
Read more

Global Ophthalmoscopes Market Overview and Impact of Coronavirus (Covid-19) Pandemic

Image
Advanced product development has resulted from technological developments in the realm of disease diagnosis. New ophthalmoscopes are being developed by major manufacturers to meet an unmet need in ocular diagnostic techniques. Over the forecast period, the market is expected to rise due to an increase in product launches by key players. In Japan, for example, Nidek Co. Ltd introduced the Mirante Scanning Laser Ophthalmoscope in 2019. It's a multimodal fundus imaging platform that combines a high-definition scanning laser ophthalmoscope with optical coherence tomography. Furthermore, such new introductions are projected to drive the global ophthalmoscopes market forward.   Ophthalmoscopes Market Global Ophthalmoscopes Market - Impact of Coronavirus (Covid-19) Pandemic Since December 2019, a novel coronavirus has spread throughout China and the rest of the world, resulting in a rapid increase in confirmed cases. The disease has spread to over 100 nations and has been labelle
Read more