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...

Product innovation driving the preference for Nebulizers Market in treating respiratory conditions

Nebulizers are medication delivery devices that release medicines in the form of a mist that is inhaled into the lungs. Drugs like corticosteroids, bronchodilators, and anti-inflammatory medicines can all benefit from this drug delivery strategy. Patients with asthma, cystic fibrosis, chronic obstructive pulmonary disease (COPD), and other respiratory diseases or disorders commonly utilise nebulizers. It is far more convenient to use than other types of consumed drugs because it directly targets the respiratory system, reducing side effects and injury to other body organs and cells. Nebulizers are particularly useful for delivering drugs to the lungs, reducing mucous membrane swelling, reducing irritation caused by pollutants, and activating and thinning discharge. These gadgets have been designed specifically for adults and children who are unable to use inhalers.

The rising frequency of chronic respiratory disorders is a primary driver of Nebulizers market expansion. Obesity is on the rise all around the world, thanks to busy schedules, sedentary lives, and a lack of physical activity. This, together with rising tobacco and alcohol consumption, is considerably contributing to an increase in the occurrence of respiratory illnesses, boosting nebulizer sales. Apart from that, rising pollution levels as a result of increased use of private vehicles and industrial expansion are another important reason driving global demand for the product. In addition, the expanding senior population has increased need for home healthcare devices, which is boosting demand for portable versions. Moreover, a number of organisations are working to raise knowledge about the many treatment choices for respiratory disorders. The Global Initiative for Chronic Obstructive Lung Disease (GOLD), for example, is aggressively educating the public about the risks of COPD and how to treat it.


Nebulizers Market
Nebulizers Market


The nebulizer industry is predicted to develop due to upgraded nebulizers that offer aerosol drug delivery technology with little drug wastage. Patients take an active role in managing their illnesses by opting for technologies that help them diagnose and treat their illnesses in the privacy of their own homes. In the near future, this shift in patient preferences will enhance the worldwide nebulizer market growth scenario. A important contributor is the surge in respiratory cases. According to the World Health Organization (WHO), 15.7 million persons in the United States were diagnosed with chronic obstructive pulmonary disease (COPD) in 2016, up 6.4 percent from 2015.

Nebulizers are also used for a range of diagnostic procedures, the most common of which being lung function and bronchial activity diagnosis. This has contributed to a growth in professional demand for nebulizers in the market for clinical usage and monitoring of various respiratory illnesses.

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