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

Kinesiology Tape Market Overview, Dynamics and Regional insights

Geriatric and paediatric patients, as well as athletes, employ kinesiology tape, which is an elastic adhesive tape. These tapes are latex-free, waterproof, hypoallergenic, and comfortable to wear. By elevating the skin and increasing interstitial space, decreasing inflammation, and reducing pressure, kinesiology tape relieves discomfort and improves lymphatic drainage. It provides support and stability to muscles and joints while allowing free mobility of the body. These tapes can be utilised for a variety of issues, including headaches and foot difficulties.

Kinesiology Tape Market - Dynamics

The global Kinesiology tape market is predicted to increase as the usage of Kinesiology tapes in pain management for senior patients grows. Furthermore, rising sports participation, aerobics, and knowledge of physiological problems are all predicted to contribute to the market's growth. Kinesiology tapes have a number of therapeutic effects, including a reduction in knee and shoulder edoema. The market is also predicted to develop as the number of minor injuries from sporting activities that result in muscle soreness rises. According to the World Health Organization, non-fatal injuries affect 20 to 50 million individuals worldwide each year.

 

Kinesiology Tape Market
Kinesiology Tape Market

Kinesiology Tape Market – Regional Insights

North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa make up the worldwide Kinesiology tape market. Because of the high prevalence of rheumatoid arthritis in the region, North America has the biggest market share in the worldwide Kinesiology tape market. According to a survey published by the National Center for Biotechnology Information (NCBI), between 1.28 and 1.36 million people in the United States were diagnosed with rheumatoid arthritis between 2004 and 2014. Due to the growing acceptance of Kinesiology tape by healthcare practitioners and sportsmen in Europe, the market is likely to grow significantly over the forecast period. The Kinesiology Taping Association offers a certification programme for healthcare practitioners, and Kinesiology tapes were used in the London Olympics by around 80 countries. As a result of these elements and scenarios, the worldwide Kinesiology tape market is predicted to rise.

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