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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...

Flexographic Printing Inks Market Overview, Drivers and Restraints

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Because flexographic ink contains volatile organic compounds (VOCs), it is primarily regulated by the FDA for use in food, beverage, and cosmetic labelling. This could limit the market value of flexographic inks over the forecasted timeframe. The medicine, on the other hand, has good drying properties that allow for better and faster printing speeds. It's also required for high-speed printing operations due to its proclivity for maintaining a strong grip on the printing surface, which will accelerate the industry's scale in the near future. Positive advancements in the packaging business will have a big impact on the market value of flexographic printing inks.   Drivers Flexographic inks are predicted to expand in popularity due to their excellent drying qualities, which increase the printing pace. Due to the increased demand for high-speed printing techniques, flexographic inks are also becoming more popular. As a result, the increased demand for high-performance printin...

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