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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Gel Permeation Chromatography (GPC) Market Overview, Analysis and Regional Insights

Gel Permeation Chromatography (GPC) Market
Gel Permeation Chromatography Market

 

The size exclusion technique of gel permeation chromatography is used to separate and characterise polymers. It is a one-of-a-kind technique for determining the molecular weight distribution of an analyte using polymer characterisation. The polymer's profile is significant because it affects physical qualities including brittleness, elasticity, and toughness in its final application. The premise behind the gel permeation chromatography system is that various components have variable affinity for the stationary phase (Column Packing material). Smaller components become caught in the pores of the packing material, resulting in a long retention duration. Larger components in analytes, on the other hand, pass through the stationary phase without significant affinity, resulting in a shorter retention duration. Based on this information, the processing unit displays various peaks on the display that can be used for cauterization and separation of the analyte. Pump, injector, columns, detectors, and data processing systems are among the components of a gel permeation chromatography system.

 

Increasing research and development by pharmaceutical and biotech companies in chronic disease is expected to propel growth of the gel permeation chromatography market

The Gel Permeation Chromatography (GPC) Market is predicted to rise as pharmaceutical and biotech businesses around the world focus more on research and development operations to deliver novel medicines to chronic diseases like cancer. CAR-T cell therapy, antibody-drug conjugates, and immunological check point inhibitors are examples of protein (Natural Polymer) based therapeutics. According to a survey published by the International Federation of Pharmaceutical Manufacturers and Associations in 2017, research-based pharmaceutical and biotech companies spend roughly US$ 149 billion on R&D each year. Over 7,000 molecules are being studied, with around 2,000 of them being cancer candidates. As a result, gel permeation chromatography can effectively separate and characterise new chemical entities that are polymer-based, which is projected to boost market expansion in the near future. Furthermore, the majority of the drugs under investigation are in the preclinical stage, which entails studying the structure and components of a novel chemical entity, which necessitates the use of the GPC system.

 

Regulatory approvals for use of novel excipients (Polymers) is expected to drive growth of the gel permeation chromatography market

Polymers are frequently used as an excipient (binder, diluent, coating agents, suspending agent, viscosity agent, and disintegrant) by pharmaceutical and biotech businesses to provide a range of dosage forms. Natural polymers are increasingly being used instead of synthetic ones due to their inertness, low cost, and increased customer acceptance of natural polymers. Solutol HS 15, Soluplus, Kollicoat Smartseal 30 D, Polyplasdone Ultra, and Prosolv ODT are some of the natural polymers that have lately been released by various firms. However, end users (pharmaceutical and biotech businesses) must be confident in the quality of polymers used as excipients before utilising them in formulations. In the production of the formulations, the USFDA requires Quality by Design (non-adherence otherwise leads to product recalls). As a result, organisations must test these polymers for quality factors.

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