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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Facial Implants Market: Overview, Drivers and Restraints

Facial implants are a sort of cosmetic surgery that uses advanced technology to alter a person's physical appearance in the case of birth or acquired defects such as cancer or accidents. The term "facial implant" refers to a surgical procedure in which specifically designed medical devices are implanted inside the body to replace damaged tissue and restore look.

 

Facial Implants Market: Overview

Due to the greater adoption rate of silicone implants among end users, the silicone facial implant material is predicted to have a considerable revenue share in the facial implants market by material type. According to the application type, chin augmentation is likely to be the most popular. According to the American Society of Plastic Surgeons, 20,680 chin augmentation surgeries were conducted in the United States in recent years. Among end users, the hospital segment is predicted to develop at the quickest rate in the facial implants market during the forecast period.

Facial Implants Market
Facial Implants Market


Facial Implants Market: Drivers and Restraints

Increasing virtual representation on social media is likely to drive the facial implants market forward throughout the forecast period. The general public's increased concern about personal appearance in both established and emerging economies is predicted to increase the number of cosmetic procedures, which will fuel the expansion of the face implant industry.

 

Product introductions in the face implant industry are governed by certain laws, which must be approved before new goods can be introduced to the market. For example, in 2015, Oxford Performance Materials, Inc. got FDA approval for their 3D printed facial implant, opening up a new market for facial implants. The expansion of the face implant market is likely to be fueled by rising awareness of facial implant surgery and increased acceptance of facial aesthetic surgery among celebrities. The face implant market, on the other hand, is hampered by surgical problems such as low success rates and heavy bleeding following facial implant treatments.

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