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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...

U.S. Sucralfate Market Size, Share, Outlook, and Opportunity Analysis, 2018-2026

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  U.S. Sucralfate Market The sudden emergence of the COVID-19 pandemic prompted the introduction of strict lockdown measures in some countries, causing Sucralfate import and export to be disrupted. COVID-19 has three primary effects on the global economy: it directly affects production and demand, disrupts supply chains and markets, and has a financial impact on enterprises and financial markets. Our analysts, who are monitoring the situation throughout the world, believe that the market would provide producers with lucrative opportunities following the COVID-19 dilemma. The purpose of the report is to provide a more detailed representation of the current circumstances, the economic slowdown, and the influence of COVID-19 on the total industry. Increased research and development activity by market players, as well as the incidence of gastrointestinal illnesses and H. pylori-associated infections. According to a paper published in April 2018 by the American Broncho Esophagologic...

U.S. Sucralfate Market is expected to rise significantly during the forecast period (2018-2026)

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Increasing prevalence of gastrointestinal disorders and H. pylori-associated infections is expected to propel the market growth The market for sucralfate in the United States is likely to be driven by the rising incidence of stomach ulcers caused by the use of nonsteroidal anti-inflammatory medications (NSAIDs) and H. pylori infection. According to a study published in 2016 by the Deccan College of Medical Sciences, Helicobacter pylori is responsible for 95 percent of duodenal ulcers and 70% of stomach ulcers. NSAID use is also linked to roughly 14-25 percent of stomach and duodenal ulcers, according to the same study. The rising prevalence of peptic ulcers is likely to fuel market expansion. According to research published in the ScienceDirect Journal in 2016, duodenal ulcers are the most frequent type of peptic ulcer, with a prevalence of roughly 6% to 12% in the United States.   Increasing collaboration and acquisition strategies adopted by market players is expected to ...

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