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

Global Recombinant Vaccines Market Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

 

Recombinant Vaccines Market
Recombinant Vaccines Market

Vaccines were first developed by chance, depending on pathogen attenuation or inactivation. By bringing vaccines to market, recent developments in gene splicing, genomics, and recombinant DNA technologies have changed vaccine development. To assure safety and efficacy, the vaccine is genetically modified and made in a laboratory, removing the risk of infectious viral antigens. The recombinant vaccine was created using recombinant deoxyribonucleic acid technology. Recombinant vaccines use a variety of expression methods, including yeast, bacteria, and mammalian cells, to precisely manufacture their antigenic proteins.

The global Recombinant Vaccine market was valued at US$ 830.2 million in 2016 and is expected to witness a robust CAGR of 6.0% during the forecast period (2017 – 2025).

According to the World Health Organization (WHO), roughly 18 million people died because treatment for their sickness was unavailable. According to a 2017 World Health Organization report, immunisation can prevent 2 million to 3 million fatalities in the United States each year, with 1.5 million deaths easily avoided. Around 19.5 million infants were not given a basic immunisation. Companies are working on the creation of new vaccinations for various diseases such as the Zika virus, cancer, and others due to ongoing technological advancements.

Recombinant vaccines are developed more quickly than other traditional vaccine development methods, which has increased their market prominence. Furthermore, such vaccinations avoid the need to handle live viruses, ensuring development safety. The industry has been bolstered by increased spending in research and development for recombinant vaccines against various viral and bacterial infections.

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

Survival Suits Market Size, Share, Outlook, and Opportunity Analysis, 2023-2030

Image
  Survival Suits Market  Survival suits are protective clothing designed to keep people safe and alive in extreme conditions, such as during a marine emergency or in cold water immersion situations. These suits are also known as immersion suits or survival immersion suits. The survival suits market has seen significant growth in recent years due to increased demand for safety equipment in the marine industry. The survival suits market is driven by several factors, including the need for safety and protection in the marine industry, government regulations mandating the use of survival suits, and advancements in technology. The market is also influenced by the increasing awareness of the importance of safety in marine environments. The marine industry is one of the major users of survival suits. Ships, offshore drilling platforms, and other marine vessels are subject to various risks, including sinking, fire, and explosions. Survival suits are designed to provide protection...
Read more

Global Ophthalmoscopes Market Overview and Impact of Coronavirus (Covid-19) Pandemic

Image
Advanced product development has resulted from technological developments in the realm of disease diagnosis. New ophthalmoscopes are being developed by major manufacturers to meet an unmet need in ocular diagnostic techniques. Over the forecast period, the market is expected to rise due to an increase in product launches by key players. In Japan, for example, Nidek Co. Ltd introduced the Mirante Scanning Laser Ophthalmoscope in 2019. It's a multimodal fundus imaging platform that combines a high-definition scanning laser ophthalmoscope with optical coherence tomography. Furthermore, such new introductions are projected to drive the global ophthalmoscopes market forward.   Ophthalmoscopes Market Global Ophthalmoscopes Market - Impact of Coronavirus (Covid-19) Pandemic Since December 2019, a novel coronavirus has spread throughout China and the rest of the world, resulting in a rapid increase in confirmed cases. The disease has spread to over 100 nations and has been labelle...
Read more