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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Cosmetology Market Overview, Drivers and Market Restraints

Cosmetology is the study of how to apply aesthetic treatments including hair care, skincare, and cosmetic surgery, among other things. Cosmetic surgical operations (plastic surgeries) such as hair transplant, facelift, and liposuction fuel the cosmetology market size. The public's growing desire for aesthetic appearance is fueling demand for body enhancements, which is propelling the cosmetology business forward. Fillers and Botox are the most commonly used products in cosmetic surgery to enhance the appearance of the face. Cosmetic surgery is popular among the general public, regardless of gender.

 

Global Cosmetology Market: Drivers

Every year, cosmetic surgery has become one of the most popular procedures. Because of the rising demand for various types of cosmetic operations, the worldwide cosmetology market revenue is predicted to expand significantly. According to 2017 data from the American Society of Plastic Surgeons (ASPS), about 17.5 million cosmetic surgeries were performed in the United States in 2017, with breast augmentation, liposuction, and nose reshaping being the top three treatments.

 

Cosmetology Market
Cosmetology Market

Furthermore, the cosmetology market is expanding due to rising demand for skin care products. Women like Botox operations since they help to minimise wrinkles and preserve young skin for a longer amount of time. According to the American Society of Plastic Surgeons (ASPS), over 7.2 million nonsurgical Botulinum toxin type A aesthetic treatments were conducted in the United States in 2017.

Global Cosmetology Market: Restraints

The potential adverse effects and failures of cosmetic operations such as Botox injections, lip fillers, and breast augmentation are limiting the size of the cosmetology market. Some of the significant adverse effects of Botox reported by the Food and Drug Administration (FDA) in 2016 include difficulties swallowing, speaking, or breathing. Tiredness, headache, dry eyes, urinary tract infection, and allergic responses are some of the other side effects. Cosmetic surgery failures also stifle the expansion of the cosmetology industry. The overall 10 year rupture rate of silicone breast implants in the United States is 13%, according to a report published in the National Center for Biotechnology Information in 2016.

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