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...

Global Disposable Face Mask Market Share

Disposable Face Mask Market
 Disposable Face Mask Market 


The global Disposable Face Mask Market is estimated to be valued at US$ 44.72 Bn or Mn in 2022 and is expected to exhibit a CAGR of 10.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market Overview:
Disposable face masks are personal protective equipment used to cover mouth and nose. They help reduce the spread of infectious particles from coughs and sneezes. The increasing awareness about health and hygiene due to COVID-19 pandemic has boosted the demand for disposable face masks.

Market key trends:
One of the major trends in the disposable face mask market is the increasing adoption of eco-friendly masks. With rising concern about plastic pollution, many manufacturers are introducing compostable and biodegradable face masks made from materials like bamboo fibers. These masks are durable as well as decomposable and help reduce environmental footprint. Another key trend is the development of N95 masks with advanced technology. Companies are focusing on innovative features like integration of sensors to detect mask integrity and respiratory issues. This allows remote monitoring of mask performance and users' health.

Segment Analysis

The global disposable face mask market is segmented by type, material, distribution channel, and geography. By type, the surgical masks segment dominated the market in 2022, accounting for over 35% of the global market share. Surgical masks provide an effective physical barrier to fluids and particulate materials. Their increasing demand from hospitals and diagnostic centers for various medical procedures has made them the leading segment.

Key Takeaways

The global disposable face mask market size is expected to witness high growth, exhibiting a CAGR of 10.2% over the forecast period from 2023 to 2030. This is attributed to the increasing prevalence of airborne diseases and growing awareness regarding the role of face masks in curbing virus and bacteria transmission.

Regional Analysis

North America dominated the global market in 2022 and is expected to maintain its leading position during the forecast period. This is due to the growing number of surgical procedures in countries like the US and Canada that mandate the use of disposable face masks. Asia Pacific is projected to be the fastest growing market, expanding at a CAGR of 11.2% over the forecast period. Increasing healthcare spending and rapidly rising medical tourism industry are fueling market growth in the region.

Key Players

Key players operating in the disposable face mask market include Kimberly-Clark, 3M Company, uvex group, The Gerson Company, Kowa Company Ltd., Moldex-Metric Inc., Bunzl PLC (SAS Safety Corp.), and Honeywell International Inc., among others. These companies are focusing on expanding their product portfolio and geographic presence through strategic partnerships and mergers & acquisitions to strengthen their market position.

Read More:

https://www.dailyprbulletin.com/disposable-face-mask-connected-with-increased-facemask-adoption-as-a-part-of-heading/

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