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. Accordi
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Global Light Therapy Market Overview and Impact of Coronavirus (COVID – 19) Pandemic

In the global healthcare arena, light treatment gadgets are taking center stage. The rising prevalence of individual depression, as well as the resulting rise in insomnia and interrupted sleep cycles, has created a broad market for improved therapy devices that use high-quality ultraviolet light to treat these illnesses.

Red light therapy treatment is projected to be lucrative due to its perceived increased efficacy levels, as it penetrates deep into the cell to produce more effective outcomes. Furthermore, light therapy devices that are portable, lightweight, and handheld are becoming more popular in healthcare settings due to a demand for increased comfort and precision when performing therapeutic procedures.

 

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

Over the projected period, the global light therapy Market is expected to benefit from the COVID-19 pandemic. Some COVID-19 patients reported exacerbation of skin problems such as rosacea, eczema, atopic dermatitis, and neurodermatitis due to prolonged use of masks during the COVID-19 epidemic, according to The Open Dermatology Journal: 20th August 2020. Furthermore, the use of skin disinfectants such as sanitizers is linked to an increase in contact dermatitis not just in COVID-19 positive patients but also in healthy people. Furthermore, according to the same source, an increase in skin problems among COVID-19 patients could lead to an increase in the risk of neurological illnesses like sadness and anxiety.

Light Therapy Market
Light Therapy Market


Clinical trials to determine the safety and efficacy of light therapy in the treatment of COVID-19 patients are being conducted by a number of market companies. For example, after getting approval from Brazil's Ministry of Health, Multi Radiance Medical began a clinical trial in 2020 to test its pulsed laser therapy technology for the recovery of COVID-19 patients. The research is based on reports of Multi Radiance technology being utilized to improve lung function in patients with chronic obstructive pulmonary disease (COPD). The study is currently in the research stage. Over the forecast period, such research and development initiatives are expected to promote market expansion.

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