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...

Cryotherapy Market Restraint and Impact of Coronavirus (COVID-19) Pandemic

Cryotherapy Market Restraint and Impact of Coronavirus (COVID-19) Pandemic

Cryotherapy, often known as cold treatment or icepack therapy, is a technique for removing tissue or nerve lesions and curing diseases like cervical cancer, retinoblastoma, and skin cancer. Patients are also given ice baths to help ease and relax body areas affected by muscular strains, tissue damage, or prolonged exercise. The cold causes blood vessels to tighten, reducing the quantity of inflammatory cytokines that reach the location, resulting in excruciating agony. Different gases, such as argon and nitrogen, are employed in cryotherapy treatments. Cryoprobes, which are used to treat primary tumours and malignancies in cancer, administer liquid nitrogen directly to the targeted sites. Cryosurgery has the advantage of being less unpleasant and having a less intrusive technique, resulting in a speedier recovery and a lesser risk of infection transmission.

Global Cryotherapy Market– Impact of Coronavirus (COVID-19) Pandemic

The World Health Organization (WHO) declared the COVID-19 outbreak a public health emergency of worldwide significance on January 30, 2020. Around 210 countries have been affected by COVID-19. Governments around the world have issued country-wide lockdowns and social distancing measures in response to the COVID-19 epidemic, in order to prevent the healthcare system from collapsing.

Furthermore, providing crucial healthcare treatments for cancer patients during the early stages of the pandemic was difficult due to the competing risks of cancer death and serious SARS-CoV-2 sequelae. The initial period of the pandemic was distinguished by numerous lockdown measures which prevented the visiting of cancer patients to hospitals which finally impacted the market expansion.

 

Global Cryotherapy Market: Restraint

Adverse effects connected with cryogenic gases is a major factor impeding the market growth. Cryotherapy Market is a mixture of gases such as nitrogen, helium, neon, argon, hydrogen, methane, and liquefied natural gases, which can have a variety of negative health effects. Cryogenic liquids, as well as their accompanying cold vapours or gases, can cause skin allergies.

Cryotherapy Market
Cryotherapy Market


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