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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...

Ferrous Sulfate Market: Key Trends, Analysis and Takeaways

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The salt ferrous sulfate, often known as iron (II) sulfate, has the formula FeSO4xH2O. There are two types of ferrous sulfate: hydrous and anhydrous. Heptahydrate is the most common form of both hydrous and anhydrous ferrous sulfate. Ferrous sulfate is a hydrated salt that is often found. Monohydrate, tetrahydrate, pentahydrate, and heptahydrate are the hydrous forms of ferrous sulfate. Monohydrate and heptahydrate ferrous sulfate are the most commonly utilised hydrous ferrous sulfates. Ferrous sulfate Market has grown in importance as a therapy for the treatment and prevention of iron deficient anaemia throughout the years. Ferrous sulfate aids in the production of healthy red blood cells, which transport oxygen throughout the body. On the strength of increased investments in new technologies to tackle performance and quality concerns associated with ferrous sulfate manufacturing, the worldwide ferrous sulfate market has developed dramatically in recent years. To capitalise on t...

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