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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...

Genomics Market - Growth, Trends, COVID-19 Impact, and Forecast (2019 - 2026)

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  Genomics Market From 2019 to 2026, the genomics market is expected to grow significantly, owing to increased application scope and rising demand for precision medicine. The growing global burden of cancer has resulted in increased government support in the form of funds for genomics projects. The increased number of prenatal genetic screening programmes will also drive market demand. Genomics is the study of genomes and includes DNA sequencing methods, recombinant DNA, and bioinformatics for sequencing, assembling, and analysing genome structure and function. The growing use of NGS (Next-Generation Sequencing) in cancer research, combined with the influx of new players and start-ups, will fuel the industry's revenue growth. Consumables are expected to proliferate through 2026 due to their growing utility in genomic systems due to their disposable nature and ultimate safety for health workers. They are a highly sought-after solution because they provide protection against airb...

Global Genomics Market Overview, Drivers, Restraints and Regional Analysis

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The study of human genes and chromosomes is known as genomics. It concentrates on genomic structure, function, evolution, mapping, and editing. The genome is an organism's genetic material, which includes deoxyribonucleic acid (DNA) (DNA). The information required to construct the entire human body is contained in DNA. The human genome is made up of 23 chromosomal pairs and 24000 genes. Structural genomics, functional genomics, and comparative genomics are all types of genomics research. Global Genomics Market Drivers The global genomics market is predicted to develop because to an increase in new product introductions. Contextual Genomics, for example, launched two molecular hotspot assays for the detection of genomic alterations in blood and solid tumours in January 2019. Rosetta Genomics Ltd. also announced OncoGxOne in May 2015. The Next Generation Sequencing (NGS) test is used to profile cancers in order to identify targeted therapies and determine chemotherapeutic tolera...

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