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Showing posts with the label Anti-counterfeit Pharmaceutical Packaging Market

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...

Anti-counterfeit Pharmaceutical Packaging Market Report Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

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  Anti-counterfeit Pharmaceutical Packaging Market  One of the key concerns raised is the role of packaging and its synergy with anti-counterfeit technology, which advocates packaging design to combat illicit use of packaged generic and branded drugs. Several agencies, including the US Food and Drug Administration and the World Health Organization, enforce appropriate measures to prevent illegal drug channelling in the market, which drives the anti-counterfeit pharmaceutical packaging market growth. These initiatives encourage pharmaceutical companies to investigate new avenues. The anti-counterfeit pharmaceutical packaging market is responding positively, which is expected to continue throughout the forecast period. One of the US-based companies has developed a new technology known as a "micro tag." which is an edible one used for medicine identification, authentication, brand protection, and quality assurance. Each tag contains a unique code that can only be scanned wit...

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