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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Global Urinary Catheter Market: Drivers and Restraints

Continuous advancements in urinary catheterization, both in terms of materials and procedures, have created a substantial market for urinary catheters. For bladder emptying, a variety of catheters are utilised, including intermittent catheters, foley catheters, and male external catheters. Various guidelines, including those for self-catheterization, have been developed to accommodate the needs of people with a variety of bladder diseases. They are utilised in healthcare settings when patients' bladders cannot be emptied due to temporary medical issues. Neurological patients, such as those with neurogenic bladder dysfunction, have proven to be one of the most promising patient groups. Urinary catheters are also in high demand in hospitals and nursing homes, particularly those that specialise in patient rehabilitation.

Drivers of the Global Urinary Catheter Market

Over the forecast period, rising occurrences of urine incontinence are expected to propel the worldwide urinary catheter market forward. According to the International Continence Society, 63 million persons worldwide suffered from urgent urine incontinence in 2018.


Urinary Catheters Market
Urinary Catheter Market


Furthermore, market expansion is projected to be aided by the expanding geriatric population. The World Health Organization estimates that by 2050, the world elderly population would have grown to 2 billion people, up from 900 million in 2015.

In terms of value, North America dominated the global urinary catheter market in 2018, accounting for 39.6 percent of the market. Europe came in second with 39.5 percent of the market.

 Restraints in the Global Urinary Catheter Market

The rising prevalence of urinary tract infections is a major stumbling block to the worldwide urinary catheter market's expansion. The prevalence of UTI was 10% among nursing home-associated diseases, according to the National Center for Emerging and Zoonotic Infectious Diseases' Epidemiology & Prevention of UTI NHSN 2018 Training Brochure.

Furthermore, the worldwide urinary catheter market is projected to be hampered by the availability of disposable incontinence solutions such as adult diapers and pull-on absorbent trousers.

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