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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...

Polymerase Chain Reaction Market Insights

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The polymerase chain reaction (PCR) is a widely used technology for DNA amplification. It produces hundreds of thousands to millions of copies of a certain DNA sequence. The PCR industry is turning its focus away from macro-scale systems and toward micro-scale device development. Micro-scale devices provide a number of advantages, including the fact that they require less blood from patients, take less time to react, and are cost-effective because many microfluidic devices are made of low-cost polymers. Over the forecast period, the market is expected to rise due to rising acceptance of polymerase chain reaction in various diagnostic and research applications, rising research and development spending in gene therapy, and continuing technological innovation in polymerase chain reaction.   Increasing Numbers of Product Launches and Collaborations in Polymerase Chain Reaction are expected to Drive Growth of the Polymerase Chain Reaction Market The polymerase chain reaction Polym...

Global Polymerase Chain Reaction (PCR) Market Analysis

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The polymerase chain reaction (PCR) is a widely used technology for DNA amplification. The PCR industry is turning its focus away from macro-scale systems and toward micro-scale device development. Micro-scale devices provide a number of advantages, including the fact that they require less blood from patients, take less time to react, and are cost-effective because many microfluidic devices are made of low-cost polymers. Over the forecast period, the market is expected to rise due to rising acceptance of polymerase chain reaction in various diagnostic and research applications, rising research and development spending in gene therapy, and continuing technological innovation in polymerase chain reaction. Several factors are expected to drive the global polymerase chain reaction (PCR) market in the near future , including increased use of PCR in clinical diagnostics, increased applications in drug development processes, technological advancements, and an increase in demand for precisi...

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