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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Bottled Water Market Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

 

Bottled Water Market
Bottled Water Market

Still and sparkling water, both plain and flavoured, has become a global popularity in recent years. Water that has been treated with compressed carbon dioxide gas is known as sparkling water. Sparkling and flavoured water are extremely popular among younger populations who are attempting to cut back on carbonated and sugary drinks because they contain no calories or sugars. To take advantage of these opportunities, several bottled water companies are introducing a variety of flavoured products to appeal to a wider spectrum of consumers, increasing sales and market share. Furthermore, the US government's and the Food and Drug Administration's (FDA) strict restrictions on bottled water have enhanced consumers' trust in the product, moving the market forward.

One of the main causes driving demand for bottled water is increased awareness of the dangers of sugar and artificial sweeteners in carbonated beverages, as well as rising health consciousness among individuals. Increased premiumization of water bottles as a result of rising disposable incomes is also driving market expansion. The growing use of premium bottled water in hotels and restaurants also helps to boost sales. Furthermore, as more people participate in outdoor activities, the use of compact water bottles is becoming increasingly popular. Aside from that, the widespread availability of smart vending machines for bottled water in several countries is boosting market growth. Manufacturers should expect to profit from the rising focus on offering lightweight, environmentally friendly packaging options.

The worldwide bottled water market is primarily driven by the paucity of drinking water in certain parts of the world. Drinking contaminated water puts you at risk for gastrointestinal issues, reproductive issues, and neurological illnesses, among other things. The growing public awareness of the harmful effects of polluted water is boosting demand for bottled water around the world.

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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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