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Showing posts with the label Narcotic Analgesics 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...

Narcotics Analgesics Market: Overview, Drivers and Restraints

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  The steady rise in narcotic analgesic sales is mostly due to the development of tolerance for non-narcotic analgesics. Narcotic analgesics are commonly utilised in palliative care services to treat patients suffering from neuropathic pain due to their better efficacy in pain control and early beginning of action. Increased attention on palliative care services in third-world nations, as well as readily available reimbursements, are predicted to raise global narcotic analgesic consumption. Furthermore, several government initiatives in low- and middle-income nations to provide palliative care for the effective treatment of patients suffering from excruciating cancer pain are driving up demand for narcotic analgesics as pain medication in these countries. The demand for Narcotic Analgesics Market in the United States is being driven by reimbursements for post-operative care and palliative care. The reimbursement scenario for wound care and wound management treatment is driving...

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