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...
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Condom Market: Overview, Analysis and Major Key Players

 

Condoms are a sheath-shaped barrier that is used during sexual contact to prevent pregnancy and sexually transmitted infections. Condoms are considered necessary for health systems by the World Health Organization. Condom use lowers the risk of chlamydia, trichomoniasis, gonorrhoea, hepatitis B, and the Human Immunodeficiency Virus (HIV) (HIV).

The condom market is growing due to increased knowledge of sexually transmitted diseases and public health, as well as commercial initiatives emphasising the benefits of condoms in preventing unplanned pregnancy. Increasing worries about family planning are one of the key factors boosting condom demand. Customer interest in female and male condoms, such as anti-ejaculation ingredients, is growing. Female condoms, according to the Centre for Young Women's Health (CYWH), provide around 95% accuracy for contraception efficiency and protection against numerous sexually transmitted illnesses. As a result, demand for female condoms has surged, moving the condom business forward. Several fallacies about condom use, alternative contraception options, and social stigmas in emerging economies are among the key reasons limiting condom industry growth.


Condom Market
Condom Market


To manage the prevalence of HIV and other STIs and avoid unplanned births, each country's government is launching campaigns to raise awareness and promote the use of contraceptives among the younger population. To meet the UNAIDS 2020 aim of 90 percent of people living with HIV knowing their HIV status, 90 percent of people living with HIV receiving sustained antiretroviral medication, and 90 percent of individuals receiving antiretroviral therapy having viral suppression, they must fulfil the following goals. Participant countries are actively encouraging the use of condoms and providing proper sex education to young people. The distribution of free condoms by governments with the help of UNFPA and other organisations is intended to enhance condom use in rural regions.

Key Market Players in the Global Condom Market:

Some of the major key market players operating the global condom market include Ansell Ltd (Richmond, Australia), Reckitt Benckiser Group Plc (England), Sagami Rubber Industries, Reckitt Benckiser Group, Karex Industries Sdn. Bhd (Johor, Malaysia), Graphic Armor LLC, Thai Nippon rubber Industru Co. Ltd (Sathon, Bangkok), Church & Dwight, Okamoto Industries, HLL Lifecare, and Guilin Latex.

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