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...

Anesthesia and Respiratory Devices Market Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

 

Anesthesia and Respiratory Devices Market
Anesthesia and Respiratory Devices

During the projected period, technological advancements in anaesthetic and respiratory devices are expected to drive the global market. The market is expected to develop faster in the coming years as more people use anaesthetic and respiratory equipment as a result of increased surgical operations around the world. The introduction of innovative manufacturing methods is providing advantages to device manufacturers. To meet the demands of the healthcare industry, manufacturers in the worldwide anaesthetic and respiratory devices market are expanding their product line.

Anesthesia equipment including anaesthesia workstations, anaesthesia delivery machines, anaesthesia ventilators, and anaesthesia monitors are designed to administer a precise and consistent supply of oxygen or nitrous oxide combined with anaesthetic vapours to the patient at a safe pressure and flow. Anesthesia machines and anaesthesia disposables are examples of anaesthesia devices. The product type segment of anaesthetic devices is dominated by anaesthesia machines. The anaesthetic delivery machine industry is predicted to expand rapidly. Respiratory equipment, disposables, and respiratory measurement devices are all part of the respiratory devices segment. Humidifiers, nebulizers, oxygen concentrators, positive airway pressure devices, ventilators, and inhalers are examples of respiratory equipment.

Because of its high adoption of technology and rapid improvements, North America will have a prominent position in the regional rankings. This allows for the use of anaesthetic and breathing devices to be used extensively and intensively. In addition, the region's anaesthetic and respiratory equipment market is growing due to advances in healthcare infrastructure and medical services. Furthermore, the market in North America is being driven by reasons such as an ageing population, increased health awareness, and the number of surgeries performed.

Players will find new opportunities in the Asia Pacific (APAC) regional scene as a result of a number of reasons, including an increase in the prevalence of COPD, increased health awareness, and a growing senior population. The Asia Pacific market is being driven by an increase in the number of people with respiratory diseases, as well as increased disposable incomes and lifestyle changes. Furthermore, economic development and healthcare reforms would raise government financing for intensive R&D, causing this industry in the Asia Pacific area to rise.

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