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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...

Luxury Hotels Market Overview, Analysis and Market Outlook

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The term "luxury hotel" refers to a hotel that provides luxurious lodgings to its customers. The luxury hotels provide rooms with high-quality furnishings, exclusive interior design, and amenities such as a flat-screen TV, coffee maker, and efficient air conditioning. These high-end hotels also provide excellent dining options. Business hotels, airport hotels, suite hotels, resort & spa hotels, and golf & ski hotels are all examples of luxury hotels. Over the projected period, rising expansion in the travel and tourism industry around the world is expected to support growth in the luxury hotel market (2019-2027).   Market Outlook The expanding growth of the travel and tourist sector, rising disposable income, rising standards of living, and increased government investments in the tourism and hospitality industry are predicted to fuel the luxury hotel market . Luxury Hotels Market According to the India Brand Equity Foundation (IBEF), India was ranked third amo...

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