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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...

The Global Quantum Sensors Market size is expected to reach USD 470.05 mn by 2030

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Quantum Sensors Market The global Quantum Sensors Market is estimated to be valued at USD 470.05 million in 2021 and is expected to exhibit a CAGR of 15.50% over the forecast period 2022 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Quantum sensors are advanced devices that utilize quantum mechanical effects such as quantum entanglement and superposition to detect minute changes in their environment like acceleration, magnetic field, electric field, and rotation. They offer improved sensitivity, precision, and ability to work at room temperature compared to conventional sensors. They find applications across diverse sectors like defense, transportation, medical, and industrial. Market key trends: One of the key trends in the quantum sensors market is the extensive research on improving the sensitivity and performance of atomic magnetometers. Atomic magnetometers use spin-polarized alkali metal vapor and optical pumping to detect mag...

Thermal Printing Market to Reach US$45.60 Billion by 2022

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Thermal Printing Market The global thermal printing market is estimated to be valued at US$45.60 billion in 2022 and is expected to exhibit a CAGR of 4.5% over the forecast period of 2023 to 2030, according to a new report published by Coherent Market Insights. Market Overview: Thermal printing technology involves the application of heat to produce images and text on thermal paper or labels. It offers numerous advantages such as high-speed printing, low maintenance, and low cost per print. Thermal printing finds widespread applications in various industries, including retail, transportation and logistics, healthcare, and manufacturing. The growing need for efficient and reliable printing solutions, especially in the retail sector, is the key driving factor for the market. Market key trends: One key trend shaping the thermal printing market is the increasing adoption of mobile thermal printers. With the growing use of mobile devices, there is a rising demand for portable printing so...

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