Future Prospects of Global Laboratory Proficiency Testing Market

Image
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...
Post a Comment

Extracorporeal Shock Wave Lithotripsy Market Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

The most frequent non-invasive treatment for kidney and ureter stones is extracorporeal shock wave lithotripsy (ESWL). The lithotriptor crushes the stone using an external high-intensity sonic pulse that causes minimum injury to normal tissue. The stones are broken into small fragments by the shock waves. Because of properties such as non-invasiveness, reduced discomfort and recovery time, and shortened hospital stay, ESWL is frequently used by physicians around the world.

The extracorporeal shock wave lithotripsy market is being driven by the growing health-care infrastructure and the availability of technically advanced equipment to perform the operation. Furthermore, the market for extracorporeal shock wave lithotripsy is likely to be fueled by the increased prevalence and occurrences of kidney and ureter stones. Furthermore, the increased prevalence of obesity, as well as patient knowledge of recent technology breakthroughs, would help to the market's growth. The lack of ESWL to smash large stones is, however, a stumbling block for the extracorporeal shock wave lithotripsy business.

Throughout the forecast period, North America retained the highest share of the extracorporeal shock wave lithotripsy market. The market is predicted to grow because to the rising number of obese people who are at risk of developing kidney stones. In recent years, there has been an increase in investment in medical device technology research and development, as well as collaborations that have resulted in recent advancements in the approach. Because of increased government support, Europe is the second largest market for extracorporeal shock wave lithotripsy. However, due to emerging health-care infrastructure and technological advancements, Asia Pacific is predicted to be the fastest-growing area. The region's key market drivers are a growing population, changing lifestyles, and a high level of acceptance of modern technologies. In Asia Pacific, the fastest expanding economies are Japan, China, and India. Due to increasing medical infrastructure and high disposable money, South American countries such as Brazil and Mexico have enormous growth potential.

 

Extracorporeal Shock Wave Lithotripsy Market
Extracorporeal Shock Wave Wave Lithotripsy Market

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.

Comments

Post a Comment

Popular posts from this blog

Future Prospects of Global Laboratory Proficiency Testing Market

Image
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...
Read more

Malaria Vaccines Market – Making Way for a Malaria-Free World

Image
  Overview of the Global Malaria Vaccine Market Malaria has been a global problem over the past ten years, causing millions of fatalities. The creation of vaccines is an important component of effective interventional control. Novel vaccination ideas have attracted a lot of attention in recent years. A broad pipeline has been studied, thanks to ongoing study into the malaria life cycle. Understanding the biology of the deadly human malaria parasites Plasmodium falciparum and Plasmodium vivax is critical to expanding opportunities in the malaria vaccine industry. The market for malaria vaccines has been opened up by generations of pre-erythrocytic vaccinations. This has resulted in a flurry of biotech investments. RTS,S/AS01 (RTS,S) is the most thoroughly tested malaria vaccine candidate for P. falciparum. The study on the worldwide Malaria Vaccines Market examines the investment trends associated with various vaccine development approaches around the world. It examines healt...
Read more

Global and China Catheter Market Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Image
  Global and China Catheter Market A catheter is a tube that is inserted into a body cavity, typically the bladder, to remove fluid. The most common type of catheter is an indwelling urinary catheter, which is required by people who are unable to completely empty their bladders or who require assistance in emptying at the appropriate time. Spina bifida, multiple sclerosis, stroke, or a spinal injury are all conditions that contribute to the need for a urinary catheter. The use of a catheter, particularly after a medical procedure that necessitated hospitalisation, is more common than many people realise. According to statistics, between 15% and 25% of hospitalised patients receive urinary catheters during their stay. Catheterization, however, is not without risk. Infections can occur in the urethra, bladder, or kidneys, though the latter is less common. Catheters can also cause bladder spasms, leakage around the catheter, and debris in the catheter. The urinary tract infection is...
Read more