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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COVID-19 Impact on the Global Bioreactors Market

A bioreactor is a vessel that has been constructed or manufactured for the production of a wide range of biological products. A biochemical process is carried out in an industrial bioreactor employing microorganisms and animal cells, or biologically active chemicals produced from living cells. The most significant component in bioprocessing is the bioreactor, which is cylindrical in shape and has a capacity ranging from litres to cubic metres.

Bioreactors are used in fermentation processes such as wine and beer manufacture. Stainless steel is used in bioreactors Market and for large-scale manufacturing of medicinal goods. Small glass bioreactors are utilised in biopharmaceutical firms for research and development as well as scale-up activities.


Bioreactors Market


COVID-19 is a newly identified novel coronavirus that causes an infectious sickness. COVID-19, which was mostly unknown until the outbreak in Wuhan, China, in December 2019, has gone from a regional issue to a global pandemic in just a few weeks. On March 11, 2020, the World Health Organization (WHO) proclaimed COVID-19 a pandemic. In response to the novel coronavirus pandemic, many biopharmaceutical companies are swiftly developing vaccines.

Moderna Therapeutics, for example, is testing a messenger RNA vaccine in Phase I trials, Inovio Pharmaceuticals is testing a DNA vaccine in humans, and Novavax is working on a vaccine based on its recombinant protein nanoparticle platform.If these programmes pass their trials, single-use equipment and systems will be used to support clinical and commercial manufacturing platforms. In the quest to produce a vaccination against the coronavirus, many prominent single-use bioreactor manufacturers are presently collaborating with firms that are developing or testing a vaccine. Sartorius, for example, has aided CanSino Biologics Inc. and Maj. Gen. Chen Wei's team at China's Academy of Military Medical Sciences' Institute of Bioengineering in the creation of the first vaccine candidate against the new coronavirus SARS-CoV-2 to enter clinical trials. In some ways, this has had a good effect on the SUB market.

 

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Future Prospects of Global Laboratory Proficiency Testing Market

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