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...

Smoking Cessation and Nicotine De-addiction Products Market Overview and Restraints

Cigarette packets must now include a warning that reads, "Smoking is Harmful to Your Health," and some countries have used even more graphic images of smoking victims. However, this has done very little to urge people to quit smoking. We only see campaigns to stop smoking within the smoking community because of the awareness produced by NGOs and global healthcare groups. Furthermore, the development of numerous alternative therapies in the worldwide smoking cessation and nicotine de-addiction products market has resulted from companies introducing therapies for smoking cessation. Nicotex, Nicogum, Smokefree, and KwikNic are some of the most popular nicotine replacement therapy (NRT) brands on the market for quitting smoking and overcoming nicotine addiction. Nicotine addiction is, in fact, a primary contributor to increased cigarette sales. As a result, nicotine de-addiction solutions like nicotine gums and patches are available for purchase.

 

Global Smoking cessation and nicotine de-addiction products Market are categorised by product type and geography. The global market is divided into Nicotine Replacement Therapy Products, Drug Therapy, Nicotine Sublingual Tablets, Nicotine Inhalers, and E-cigarettes based on the kind of product. Electronic cigarettes (E-cigarettes) are the most popular method of quitting smoking and overcoming nicotine addiction. North America and Europe have the biggest market share for e-cigarettes. The global market for Nicotine Replacement Therapy Products is dominated by Nicotine Gums and Nicotine Transdermal Patches. The global market for smoking cessation and nicotine de-addiction products is divided into four regions: North America, Europe, Asia-Pacific, and Latin America and the Caribbean. North America dominates the global market for smoking cessation and nicotine de-addiction products; however, due to increased health awareness and government support programmes, Asia-Pacific is expected to become a profitable market in the near future.


Smoking Cessation and Nicotine De-addiction Products Market
Smoking Cessation and Nicotine De-addiction Products Market


 

Smoking Cessation and Nicotine De-addiction Products Market - Restraints

Product recalls by manufacturers and companies due to increased technical defects, health concerns linked with devices, and others are among the major obstacles in the smoking cessation and nicotine de-addiction products industry. For example, in June 2019, Sainsbury's Argos (a British grocery company) issued an e-cigarette recall because the external batteries that came with the product were not compatible with the e-cigarettes and might overheat if used, potentially causing a fire or burn damage.

In April 2018, R.J. Reynolds Vapor Co. issued a nationwide safety recall in the United States for all Vuse Vibe power units, affecting 2.6 million e-cigarettes, following consumer reports of batteries malfunctioning, causing the units to overheat and pose a fire hazard. Furthermore, rising health risks such as seizures and aberrant brain activity are potential roadblocks to smoking cessation and nicotine de-addiction product market solutions.

Tags: Healthcare, Healthcare Industry, Medical Devices, Smoking Cessation and Nicotine De-addiction Products, Smoking Cessation and Nicotine De-addiction Products Market

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