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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Lift gas spring segment held the dominant position in the market in 2017

The gas spring is a device that is used in a variety of applications for lifting, shutting, opening, adjusting, and placing. A gas spring is a type of spring that relies on elastic deformation in most cases. Gas springs are used in a variety of applications, including adjustable chairs, industrial & agricultural equipment, photocopier covers, lids & access panel covers, home furniture, gratings, safety flaps, travel & cargo trailers, and automotive hood props, which will drive demand for gas springs over the forecast period.

The lift gas spring segment led the gas spring market in 2017 and is expected to continue to do so during the forecast period. Lift gas springs are non-lockable energy storage devices with hydro-pneumatic rams that can be charged with inert gases such as nitrogen under pressure. The high-pressure nitrogen gas exerts equal pressure on surfaces with varied cross-sectional piston areas, resulting in a force in the direction of travel. The generated force is proportional to the piston rod diameter and charge pressure. The lift gas spring makes opening and lifting activities a breeze, reducing the object's actual weight to nil or minimal.

Gas Spring Market
Gas Spring Market

Lift gas springs are also utilised in industrial and agricultural equipment, adjustable seats, photo copier covers, lids and access panel covers, travel and cargo trailers, and automotive hood props, among other applications. As a result, prominent players are working on introducing novel gas springs to broaden their product offerings. For example, in September 2017, the Austrian business Meusburger Georg GmbH & Co KG launched the 'E 6350 Gas' spring-force to broaden its portfolio of gas springs. High starting forces and a compact design distinguish the E 6350. These reasons are causing the worldwide gas springs market to see an increase in demand for lift gas springs.


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