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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Urinary Catheter Market Overview, Drivers, Market Restraints and Opportunities

A urinary catheter is a hollow, somewhat flexible tube that collects urine from the bladder and transports it to a drainage bag. Urinary catheters are made of silicone, rubber, and PVC, among other materials. The three primary forms of urinary catheters are indwelling catheters, external catheters, and short-term catheters. There are both single-use and reusable catheters available. Indwelling urinary catheters can cause healthcare-associated urinary tract infections, so it's critical to clean them on a regular basis.

Global Urinary Catheter Market: Drivers

Over the forecast period, rising occurrences of urine incontinence are expected to propel the worldwide urinary catheter market forward. According to the International Continence Society, 63 million persons worldwide suffered from urgent urine incontinence in 2018.

Furthermore, the growing geriatric population is likely to support market growth. According to the World Health Organization, the global geriatric population will reach 2 billion by 2050, up from 900 million in 2015. In terms of value, North America dominated the global urinary catheter market in 2018, accounting for 39.6 percent of the market, followed by Europe.


Urinary Catheters Market
Urinary Catheter Market


Global Urinary Catheter Market: Restraints

The rising prevalence of urinary tract infections is a major stumbling block to the worldwide urinary catheter market's expansion. The prevalence of UTI was 10% among nursing home-associated diseases, according to the National Center for Emerging and Zoonotic Infectious Diseases' Epidemiology & Prevention of UTI NHSN 2018 Training Brochure.

Furthermore, the worldwide urinary catheter market is projected to be hampered by the availability of disposable incontinence solutions such as adult diapers and pull-on absorbent trousers.

Global Urinary Catheter Market: Opportunities

Key market participants might focus on creating enhanced urinary catheters that provide catheterization that reduces the danger of leakage and infection while avoiding urethral disorder discomfort and resentment.

Furthermore, the use of chlorhexidine rather than saline for cleaning before catheter insertion in hospitals may minimise the incidence of catheter-associated urinary tract infections (CAUTIs), which is projected to drive market growth.

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