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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Autoimmune Disease Treatment Market Overview, Analysis and Regional Insights

In 2012, the National Institute of Health (NIH) estimated that around 23.5 million Americans have an autoimmune illness. Furthermore, the Department of Health and Human Services revealed in 2017 that autoimmune disease (AID) is placed #1 among the top 10 health topics. Autoimmune disease has a significant impact on one's health, and it can result in a variety of difficulties in numerous parts of the body, including the heart, brain, kidneys, glands, and nerves. Autoimmune disease is becoming more common due to genetic and environmental variables such as dietary components, toxic chemicals, and infections. Irritable bowel disease (IBD), rheumatoid arthritis (RA), multiple sclerosis (MS), celiac disease (CD), hepatitis, autoimmune thyroiditis (AT), systemic lupus erythematosus (SLE), and type 1 diabetes are all autoimmune disorders (IDDM).

Due to a lack of basic knowledge about the illness pattern, identifying treatments, and designing clinical trials, diagnosing AID is difficult. The expansion of the autoimmune disease treatment market is projected to be aided by increased public awareness of autoimmune disorders and its implications.

 

Autoimmune Disease Treatment Market
Autoiommune Disease Treatment Market

Advanced approaches for the treatment of AID is expected favor the growth of autoimmune disease treatment market

The autoimmune disease treatment industry is projected to benefit from advancements in AID treatment. In 2016, researchers at the Perelman School of Medicine discovered a strategy to target a specific fraction of antibody that is responsible for the activation of the autoimmune illness pemphigus vulgaris (PV). The researchers developed chimeric autoantibody receptor treatment (CAART), which can be utilised to treat this disease without affecting the immune system's normal function.

Furthermore, in 2016, Cumming School of Medicine researchers discovered a new class of Nano-medicine to treat diseases such as type 1 diabetes, multiple sclerosis, and rheumatoid arthritis without affecting immunity. Parvus Therapeutics, Inc. is currently developing this Nano-medicine, which is being financed by Innovate Calgary.

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