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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Compression Therapy Market Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

 

Compression Therapy Market
Compression Therapy Market

Compression therapy should be started as soon as possible following an accident. After an accident, compression pumps and tapes are used to restore muscle health, boost blood circulation, and avoid coagulation of fluids in the tissue area. As a result, this therapy is becoming more popular as a way to prevent inflammation and edoema after an injury or trauma.

Compression therapy acceptance is increasing as the number of orthopaedic surgeries rises. Compression therapy market demand is also being driven by an increase in the incidence of vein illnesses and a growing geriatric population. Patients' growing understanding of treatment options is leading to a rise in the number of persons opting for compression therapy. Furthermore, as technology advances, the market for compression therapy devices will increase.

Regulatory approvals, technologically upgraded products, the launch of new products, and acquisitions and collaboration agreements with other companies are all priorities for key competitors in the worldwide compression treatment market. The global compression therapy market is expected to increase as a result of these strategies. The following are some of the expansion methods used by players in the global compression therapy market:

BSN MEDICAL strengthened its foothold in the compression therapy industry by acquiring Wright Therapy Products, Inc., a maker of compression therapy equipment, in 2015. Individual tactics were examined in the study on the global compression treatment market, which was followed by company profiles of compression therapy producers. The study includes a competition landscape section that gives readers a dashboard view and a company market share analysis of key competitors in the worldwide compression therapy market.

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