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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Atrial Fibrillation Market Overview, Drivers and Restraints

Atrial fibrillation may be a reasonably arrhythmia marked by an irregular rhythm produced by an issue with the electrical system of the center. One in all the foremost common varieties of heart arrhythmia is cardiac arrhythmia. Fluttering heartbeats, irregular pulses, weakness, dizziness, and weariness are all symptoms of arrhythmia.

 

According to the severity of the ailment, there are three types of atrial fibrillation:

Paroxysmal arrhythmia (PAF) may be a style of arrhythmia that happens

Atrial fibrillation that persists

Atrial fibrillation may be a condition within which the center beats irregularly.

High pressure level, hyperthyroidism, pneumonia, pulmonary embolus, obesity, carcinoma, and excessive alcohol and caffeine intake are all prominent causes of cardiac arrhythmia.

 

Atrial Fibrillation Market: Drivers

Over the forecast period, the worldwide Atrial Fibrillation Market is anticipated to rise because of the high prevalence of cardiac arrhythmia. In keeping with the study "Prevalence of fibrillation (AF) in numerous socioeconomic zones of China and its reference to stroke: Results from a national stroke screening survey," released in June 2018, the prevalence of AF among Chinese individuals aged 40 years was 2.31 percent in 2014–2015.

Furthermore, the world Atrial Fibrillation Market is probably going to learn from the growing geriatric population. Per the planet Health Organization, the worldwide geriatric population will reach 2 billion by 2050, up from 900 million in 2015.

 

Atrial Fibrillation Market
Atrial Fibrillation Market

Atrial Fibrillation Market: Restraints

The worldwide Atrial Fibrillation market is projected to be hampered by strict product approval rules. The FDA classifies cardiac arrhythmia devices such implantable pacemakers, defibrillators, and catheters as class III high-risk medical devices. As a result, before getting clearance, these devices must pass stringent safety and efficacy studies. Furthermore, these devices must acquire premarket approval, which may be a costly and time-consuming process.

 

Furthermore, product recalls are projected to stymie the worldwide fibrillation market's growth. Medtronic Plc, for instance, received an FDA product recall for implanted cardiac pacemakers in February 2019, affecting 13,440 devices manufactured and distributed between March 2017 and January 2019.

 

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