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

 

Condom Market
Condom Market

With a market capitalization of USD 8.78 billion in 2021, latex condoms were the most profitable segment. The material types of latex and non-latex are the two main types examined in this study. Over the forecast period, the market for latex and non-latex condoms is predicted to grow due to the introduction of new products and increased demand from ageing baby boomers. Due to the fact that latex condoms are 82 percent to 98 percent effective, the majority of brands on the market are composed of latex, a type of natural rubber. It is more robust, versatile, and effective in terms of contraceptive and STD protection.

Male and female condoms are available on the market. Manufacturers' concentration on producing male condoms, open-mindedness about their use compared to female condoms, and a wide portfolio are all contributing to the male condom segment's growth. Due to the rising prevalence of HIV/AIDS in Africa's underdeveloped countries, there is a large unmet demand for male condoms. Male condoms are the most popular choice among couples, resulting in increased demand.

Ansell Ltd (Richmond, Australia), Reckitt Benckiser Group Plc (England), Sagami Rubber Industries, Reckitt Benckiser Group, Karex Industries Sdn. Bhd (Johor, Malaysia), Graphic Armor LLC, Thai Nippon Rubber Industru Co. Ltd (Sathon, Bangkok), Church & Dwight, Okamoto Industries, HLL Lifecare, and Guilin Latex are some of the major key market players operating in the global condom Market.

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