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...

Cryotherapy Market Overview, Segmentation and Impact of Coronavirus (COVID-19) Pandemic

Cryotherapy, often known as cold treatment or icepack therapy, is a technique for removing tissue or nerve lesions and curing diseases like cervical cancer, retinoblastoma, and skin cancer. Patients are also given ice baths to help ease and relax body areas affected by muscular strains, tissue damage, or prolonged exercise. The cold causes blood vessels to tighten, reducing the quantity of inflammatory cytokines that reach the location, resulting in excruciating agony. Different gases, such as argon and nitrogen, are employed in cryotherapy treatments. Cryoprobes, which are used to treat primary tumours and malignancies in cancer, administer liquid nitrogen directly to the targeted sites.


Cryotherapy Market Segmentation 

The cryotherapy market is divided into four categories: product, application, end user, and region. Cryosurgery devices, localised cryotherapy devices, and cryochambers & cryosuanas are the three types of cryosurgery devices on the market. Hospitals & clinics, cryotherapy centres, and spas & fitness centres make up the cryosurgery devices segment. Hospitals & clinics, cryotherapy facilities, and spas & fitness centres make up the localised cryotherapy devices segment. Hospitals & clinics, cryotherapy centres, and spas & fitness centres are the different types of cryochambers & cryosuanas. Surgical applications, pain treatment, sports medicine and physiotherapy, and cosmetic applications are the different types of applications. The market is divided into three types of end users: hospitals and clinics, cryotherapy centres, and spas and fitness centres. The market is divided into four regions: North America, Europe, Asia-Pacific, and Latin America and the Caribbean.


Cryotherapy Market
Cryotherapy Market

 


Global Cryotherapy Market– Impact of Coronavirus (COVID-19) Pandemic

Coronavirus disease (COVID-19), a highly contagious viral disease produced by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), wreaked havoc on the world's demography, killing over 3.8 million people globally. Medical procedures and elective surgeries conducted in hospitals were restricted by governments in several countries.

The demand for cryotherapy equipment was harmed as a result of these restrictions. Manufacturers of cryotherapy equipment were grappling with challenges such changing consumer behaviour, lower demand, changing purchasing habits, and rerouting the supply chain as a result of these constraints. All of these variables have a negative impact on the cryotherapy market's growth.

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