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 Vein Finder Market Overview and Regional Analysis

Over the projection period, the expansion of the vein finders market will be fueled by an increase in the elderly population suffering from chronic illnesses, which would lead to an increase in the number of hospitalizations. In hospitalised patients, an IV must be inserted and a blood sample taken for testing. The vein finder allows for enhanced vein vision without causing pain or discomfort.

Furthermore, the surge in healthcare industry advancements in terms of novel and improved instruments has been a major element driving the vein finder market. Furthermore, the vein finders Market is predicted to grow as the number of aesthetic procedures rises.


Vein Finder Market
Vein Finder Market


The global vein finder market is likely to be dominated by North America. Government and other organisation actions relating to vein finder devices are projected to have a beneficial impact on the growth of the North American vein finder market. The money raised was utilised to buy vein finders for the Charlotte Eleanor Englehart Hospital. Similarly, the NEO Kids Foundation in Canada initiated a campaign to generate donations for vein viewers in November 2018. This vein viewer was made available to children who were undergoing treatment at the Health Sciences North hospital. As a result, such measures are projected to promote the expansion of the worldwide vein finder market.

The vein finders market is developing rapidly due to its increased precision and dependability in detecting veins, which is one of the major drivers driving demand and growth. The market's growth can largely be ascribed to advancements in healthcare technology, which have aided in the creation of innovative medical equipment.

The growing popularity of mobile health is expected to increase the use of vein finders in hospitals. In 2020, more than 350,000 mHealth apps are expected to be accessible in app stores. Advanced mobile apps that scan the skin of patients using sophisticated software have just hit the market. Furthermore, the number of aesthetic procedures performed on the elderly has increased in recent years. Facelifts, skin tightening, body & facial contouring, brow lifts, eyelid lifts, and other procedures are very popular. The need for vein finding equipment is increasing as the number of procedures rises.

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