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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Knee Implants Market Overview, Regional Insights

Knee implants are important in resurfacing a knee that has been injured by trauma or rheumatoid arthritis. Arthroplasties are surgical procedures that involve the installation of an artificial knee. These knee implants come in a variety of materials, including metal alloys, durable plastic parts, and ceramic material, depending on the severity and requirement. The number of persons suffering from osteoporosis and arthritis has increased as the world's population has gotten older. Furthermore, people's sedentary lifestyles have resulted in an increase in the prevalence of obesity and diabetes.

The demand for knee implant surgery has been increasing globally as a result of these considerations. Better implant materials have also enhanced success rates, thanks to technological advancements in treatments like minimal invasive surgery. Another driving element for the Knee implants market would be increased awareness about knee implant surgery. All portions of the knee joints are replaced with knee implants in a total knee replacement procedure. Cemented knee replacement and cement-less knee replacement are two types of this operation. A single section of the knee is replaced with an implant in partial knee replacement procedures, whereas revision knee replacement procedures relate to the replacement of an existing implant with a new one. Knee implants are classified as fixed bearing prosthesis or movable bearing prosthesis based on their composition.

 

Knee Implants Market
Knee Implants Market

Regional Insights

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America are the five key regions in which the worldwide knee implants market is divided. The United States and Europe are the two largest markets for total knee implants, accounting for a disproportionately large part of the market. The global knee replacement market is expected to be dominated by Europe and North America. Due to an increase in the number of knee replacement surgeries in China and India, the Asia market follows these two areas. The ageing population affected by knee joint problems, as well as increased awareness of related treatments, are driving up demand for knee implants in the Asia Pacific area.

 

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