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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Extracorporeal Shock Wave Lithotripsy Market: Extracorporeal shock wave lithotripsy is an effective treatment for kidney

Extracorporeal shock wave lithotripsy, which uses an acoustic pulse to treat kidney stones and biliary calculi, is also used to treat salivary stones and pancreatic stones. The lithotripter delivers a high-intensity acoustic pulse that crushes the stone while inflicting minimum collateral harm to normal tissue, and shock waves shatter the stones into smaller fragments. Extracorporeal shock wave lithotripsy is a type of extracorporeal shock wave lithotripsy that is frequently utilised by physicians throughout the world because to its significant characteristics such as non-invasiveness, quick recovery, reduced pain, and short hospital stay. Patients with tiny stones (less than 1 centimetre) have a good success rate with extracorporeal shock wave lithotripsy. The market for extracorporeal shock wave lithotripsy is also expected to develop due to rising obesity rates and an increase in the number of diabetic patients.


Extracorporeal Shock Wave Lithotripsy Market
Extracorporeal Shock Wave Lithotripsy Market

Extracorporeal shock wave lithotripsy market is being fuelled by rise in incidence of kidney stones

Extracorporeal shock wave lithotripsy is an effective treatment for kidney, ureter, gallbladder, salivary gland, and salivary duct stones. To locate the stone and break it down into smaller fragments, extracorporeal shock wave lithotripsy is employed. Extracorporeal shock wave lithotripsy generates shockwaves that are subsequently targeted on the stone in the body with minimum energy diversion, resulting in minimal tissue damage. Non-obstructive renal calculi are similarly best treated with extracorporeal shock wave lithotripsy. The rate at which shockwaves are generated is determined by the composition and density of the stone. According to the Centers for Disease Control and Prevention, 4.9 million adults in the United States were diagnosed with renal disease in 2015.

Growth engines for extracorporeal shock wave lithotripsy market

The extracorporeal shock wave lithotripsy market is greatest in the world's most populated and urbanised regions, such as North America, Asia-Pacific, and Europe, which use modern technology for therapeutic purposes. Due to greater government investment, Europe also encourages market expansion. Government and venture capital investments in the field of extracorporeal shock wave lithotripsy have helped to boost the business in India and China. The market for extracorporeal shock wave lithotripsy is expected to grow as the incidence of kidney stone disease rises in the United States.




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