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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Overview and impact of Covid-19 on the Telemedicine Market

In the aftermath of the pandemic, demand for healthcare services and technologies reached an all-time high. In addition, technology like telemedicine, chatbots, and others are being used to collect data, reassure the public, treat patients, and make diagnosis. In addition, some countries are investing in cutting-edge digital and telecommunications solutions to connect doctors across borders. As a result, it is anticipated to have a beneficial influence throughout the projection period.

Increased demand for radiological services as a result of the increased frequency of chronic conditions such as congestive heart failure, orthopaedic injuries, and others are driving the telemedicine industry forward. Furthermore, a large increase in government spending on the healthcare information (HCIT) sector, as well as a shift in key players' focus toward digital diagnostics innovation, is fueling market growth. Furthermore, during the forecast years, continual improvements in medical diagnostic technologies are expected to give attractive chances for the telemedicine market to grow.


Telemedicine Market
Telrmedicine Market

Telemedicine is the application of information technology and telecommunications to the delivery of healthcare services such as health evaluations and consultations over a telecommunications network. It allows healthcare professionals to diagnose, evaluate, and treat patients without having to see them in person, and it can also assist save lives in critical care and emergency circumstances. Telemedicine is extremely beneficial to remote rural communities since it allows them to overcome distance constraints and access medical services when they are needed. Telemedicine allows clinicians to communicate with one another via a variety of electronic platforms, such as video conferencing, email, and electronic messaging. This lowers the overall cost of medical care for patients while also improving access to healthcare.

 

The impact of Covid-19 on the Telemedicine Market

The COVID-19 pandemic has had a terrible effect on global population health as well as a significant economic impact on most countries. There have been 43.7 million instances reported worldwide as of October 27, 2020, with 1,164,761 deaths (Worldometer). Due to the fact that social separation is the only available method capable of limiting exposure, the COVID-19 pandemic presents enormous prospects for telehealth solutions. Telehealth, in accordance with this, is an appealing, effective, and cost-efficient solution. Furthermore, this technology is crucial in ensuring the safety of healthcare providers.

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