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

 

Arthroscopy Devices Market
Arthroscopy Devices Market

The most common sports injuries include fractures, strains, sprains, and dislocations. Rest, ice, compression, and elevation are the most common self-treatment recommendations for these injuries (RICE). Depending on the circumstances, an arthroscopy may be advised for significant injuries that require greater treatment. Injuries can happen in a variety of places and in a variety of ways. Shoulder, hip, knee, elbow, wrist, and ankle injuries; cartilage rips or ligament injuries; inflammation of the joint lining; removal of loose fragments of bone or cartilage that become stuck in a joint; and osteoarthritis caused by cartilage loss in a joint are just a few of the prevalent injuries. Some of these conditions may necessitate arthroscopic surgery, which can aid in diagnosis and therapy.

Mechanical, motorised, electrosurgical, and special equipment such as probes, punches, shavers, electrocautery electrodes, laser, ACL sets, and meniscus repair sets are examples of arthroscopy devices. Arthroscopy techniques are less invasive, which can help patients recover faster by preventing post-surgical problems and infections after surgery. In 2020, the arthroscopes sector accounted for over two-fifths of the worldwide Arthroscopy Devices Market, according to type. This is owing to an increase in global demand for minimally invasive procedures.

The global arthroscopy devices market is growing because to an increase in demand for minimally invasive procedures, a rising ageing global population, an increase in the frequency of sports-related injuries, faster recovery times, and minimal postoperative consequences. The high cost of arthroscopic gadgets and implants, on the other hand, stifles growth to some extent. The rise in the obesity rate among people, on the other hand, is predicted to open up profitable chances in the business.

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