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Laboratory Proficiency Testing Market: Unveiling Key Trends and Opportunities for 2024 and Beyond
The laboratory proficiency testing market is undergoing a significant transformation as it continues to expand and evolve. With a burgeoning emphasis on quality assurance and regulatory compliance in laboratories, this sector is experiencing substantial growth. The laboratory proficiency testing market is expected to grow from USD 1.3 billion in 2023 to USD 2.1 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period.
Laboratory proficiency testing, a critical component of quality management systems, involves the assessment of laboratory performance through comparative analysis of test results with those from other laboratories. This process ensures accuracy, reliability, and consistency in laboratory results, making it an essential tool for maintaining high standards in various industries, including healthcare, pharmaceuticals, environmental testing, and food safety.
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Several factors are driving the growth of the laboratory proficiency testing market. Firstly, increasing regulatory requirements and standards across various sectors necessitate rigorous quality control measures. Laboratories are mandated to demonstrate their competence and adhere to international standards, fueling the demand for proficiency testing services.
Additionally, the rising complexity of laboratory tests and the introduction of advanced technologies contribute to the market's expansion. Laboratories are adopting sophisticated testing methods and instruments, which require ongoing validation and proficiency assessments to ensure accurate results. This trend is expected to boost the demand for proficiency testing services as laboratories seek to maintain their competitive edge and comply with evolving industry standards.
Major Key Players:
American Proficiency Institute, AOAC International, Bio-Rad, BIPEA, College of American Pathologists, Fapas, INSTAND, LGC, Merck, NSI Lab Solutions, QACS, Randox, Trilogy, Waters, and Weqas
Geographically, North America and Europe are prominent regions in the laboratory proficiency testing market due to their well-established healthcare infrastructure and stringent regulatory frameworks. However, the Asia-Pacific region is anticipated to witness the highest growth rate during the forecast period, driven by the expanding healthcare industry, increasing investments in laboratory infrastructure, and growing awareness of quality standards.
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The market is characterized by the presence of several key players offering a range of proficiency testing solutions. These companies are focusing on enhancing their service offerings, incorporating advanced technologies, and expanding their global reach to cater to the growing demand. Strategic collaborations, acquisitions, and innovations are pivotal strategies employed by market leaders to strengthen their positions and drive market growth.
In conclusion, the laboratory proficiency testing market is poised for robust growth, driven by regulatory demands, technological advancements, and the need for high-quality laboratory services. As laboratories continue to prioritize accuracy and reliability, proficiency testing will play a crucial role in ensuring the integrity and trustworthiness of laboratory results.
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Spinal Muscular Atrophy Disease Diagnosis: The Crucial First Step Towards Treatment
Spinal Muscular Atrophy Disease Overview:
Spinal Muscular Atrophy (SMA) Disease is a rare and debilitating genetic disorder that primarily affects children and young adults. It is characterized by the progressive degeneration of motor neurons in the spinal cord, leading to muscle weakness and, in severe cases, respiratory failure. SMA is a challenging condition that necessitates an in-depth understanding of its diagnostic and treatment approaches, as well as the evolving landscape of the disease market.
The Market Competitors Listed Below are Revolutionizing Healthcare with Innovative Inventions:
Diagnostic Market Players-
Elitech Group
Perkinelmer inc.
Human-Device Interaction Lab
Bio-Rad
PHC Corporation
Randox Laboratories
Price & Market Access
Spinal Muscular Atrophy Diagnostic Analysis:
Early Diagnosis is Crucial:
Early diagnosis is essential for SMA, as the severity of symptoms and the course of the disease can vary widely. Diagnostic tests include genetic screening, blood tests, and electromyography (EMG) to assess muscle function. Genetic testing, in particular, can confirm the presence of SMN1 gene mutations, which are responsible for SMA.
Screening Programs:
Many countries have implemented newborn screening programs for SMA to facilitate early detection. Newborn screening allows for proactive intervention, which can significantly improve the quality of life for affected individuals.
Spinal Muscular Atrophy Treatment Analysis:
Historical Challenges:
SMA used to have limited treatment options, but recent years have seen groundbreaking developments. Historically, management was primarily supportive and focused on symptom alleviation. This often-involved physiotherapy, respiratory support, and adaptive devices to enhance daily living.
Revolutionary Therapies:
The advent of innovative therapies has transformed the landscape of SMA treatment. Medications such as nusinersen (Spinraza) and onasemnogene abeparvovec (Zolgensma) offer a more direct approach by addressing the underlying genetic cause of the disease. These therapies aim to increase the production of the survival motor neuron (SMN) protein and have shown promising results in clinical trials.
Ongoing Research:
Research into SMA is ongoing, with a focus on refining existing treatments and developing new therapeutic options. Gene therapies and small molecules are among the promising avenues of exploration.
Expanding Spinal Muscular Atrophy Disease Market:
The SMA market has witnessed significant growth due to the emergence of novel treatments. The global market has expanded rapidly as more patients gain access to these life-changing therapies. Market expansion can be attributed to increased awareness, early diagnosis, and the introduction of innovative drugs.
Regulatory Framework for Spinal Muscular Atrophy:
FDA's Role:
The U.S. Food and Drug Administration (FDA) has played a pivotal role in the regulation of SMA therapies. Their fast-tracking and approval of groundbreaking drugs like Zolgensma and Spinraza have set a precedent for accelerating the development and approval of treatments for rare diseases.
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International Collaboration:
Regulatory bodies worldwide are cooperating to streamline the approval process for SMA treatments, making it easier for patients to access these potentially life-saving therapies.
Competitive Analysis:
Several pharmaceutical companies are competing in the SMA market. Biogen (for Spinraza) and Novartis (for Zolgensma) are among the frontrunners, but many other companies are investing in research and development to introduce their SMA therapies.
Market Trends:
Orphan Drug Designation:
SMA therapies often receive orphan drug designation, which grants incentives to pharmaceutical companies for developing drugs for rare diseases. This trend promotes investment in SMA research and development.
Expanding Access:
Efforts are underway to ensure that SMA therapies are accessible to a broader population. This includes advocating for insurance coverage, reducing treatment costs, and increasing the availability of these drugs in different regions.
Clinical Trial Data Assessment:
The clinical trial data for SMA therapies has demonstrated remarkable outcomes, showing significant improvements in motor function and quality of life for patients. These therapies have the potential to be game changers in the field of rare disease treatment.
Conclusion:
Spinal Muscular Atrophy is a challenging disease that primarily affects the younger generation, often with devastating consequences. However, the landscape of SMA is evolving rapidly, with revolutionary therapies and increased awareness improving the lives of those affected. Early diagnosis, innovative treatments, and international collaboration within the regulatory framework are all contributing to a brighter future for SMA patients. As research and development efforts continue, the SMA market will likely see further growth, expanding access and offering hope to individuals and families dealing with this rare genetic disorder.
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Laboratory Proficiency Testing Market Showing Impressive Growth during Forecast Period 2023 – 2031
New York, Global Laboratory Proficiency Testing Market report from Global Insight Services is the single authoritative source of intelligence on Laboratory Proficiency Testing Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Proficiency testing is an evaluation of a laboratory’s performance by having the laboratory analyze samples that are either well-characterized or that have been analyzed by an independent reference laboratory. The results of the proficiency testing are then used to assess the laboratory’s performance and to identify areas in which the laboratory may need to improve.
Key Players
The global laboratory proficiency testing market includes players such as LGC Limited, American Proficiency Institute, College of American Pathologists, Bio-Rad Laboratories Inc, Randox Laboratories Ltd, QACS – The Challenge Test Laboratory, Merck & Co Inc, NSI Lab Solutions, AOAC International, Absolute Standards Inc, and others.
Key Drivers
The key drivers of the Laboratory Proficiency Testing market are the increasing demand for quality assurance and quality control in various industries, the need for regulatory compliance, and the increasing number of accredited laboratories.
The demand for quality assurance and quality control is increasing in various industries, as the need for accurate and reliable test results is critical in many industries. The food and beverage industry, for example, requires accurate testing of products for safety and quality.
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Market Segments
The laboratory proficiency testing market is segmented by technology, end-use, and region. By end-use, the market is classified into water, nutraceuticals, biologics, and others. Based on technology, it is cell culture, PCR, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
Key Trends
One of the key trends in Laboratory Proficiency Testing technology is the development of online platforms and software that allow for the creation and management of proficiency testing programs.
Another key trend is the development of new methods for delivering proficiency testing samples. These methods include the use of courier services, the use of online sample delivery platforms, and the use of automated sample delivery systems.
Finally, a third key trend is the development of new methods for assessing proficiency testing results. These methods include the use of online data analysis tools, the use of expert panels, and the use of data mining techniques.
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Immunoturbidimetry Reagents Market Facts, Component, Investment Trend, Financial Planning and Top Key Players (Siemens, Randox Lab, BBI Solutions, Abbott, FUJIFILM) | Foreseen Till 2027
Overview of Global Immunoturbidimetry Reagents Market:
Today’s businesses choose the market research report solution such as Immunoturbidimetry Reagents Market report because it lends a hand with the improved decision making and more revenue generation. The report also aids in prioritizing Market goals and attain profitable business. Industry tendencies, the growth proportion of major producers, and production analysis are the segments included in the chapter of global growth trends of Immunoturbidimetry Reagents business report. While studying Market size by application it covers Market consumption analysis by application whereas studying Market size by type includes analysis of value, product utility, Market percentage, and production Market share by type.
The persuasive Immunoturbidimetry Reagents Market report is all-embracing of the data which covers Market definition, classifications, applications, engagements, Market drivers, and Market restraints that are based on the SWOT analysis. Analysis of profiles of manufacturers or commanding players of the global Market is performed based on sales area, key products, gross margin, revenue, price, and production. The chapter of Market value chain and sales channel analysis of this Market document includes details of customer, distributor, Market value chain, and sales channel analysis. An excellent Immunoturbidimetry Reagents report consists of most recent Market information with which companies can attain in depth analysis of Healthcare industry and future trends.
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The Global Immunoturbidimetry Reagents Market is expected to grow at a CAGR of 6.10% in the forecast period of 2020 to 2027.
The most significant key factors driving the growth of the Global Immunoturbidimetry Reagents Market are growing needs of IVD testing arises due to rising prevalence of infectious and chronic diseases, surging volume of patients suffering from breast autoimmune disorders, cardiac diseases, diabetes, infectious diseases and inflammatory markers, increased geriatric population, practical advantages of immune turbid metric protein assays, comparability and litheness of immunoturbidimetry.
Top Leading Key Manufacturers are: Siemens Healthcare Private Limited, Randox Laboratories Ltd., DiaSys Diagnostic Systems GmbH, BBI Solutions, Abbott, FUJIFILM Wako Diagnostics, Erba Mannheim, Cortez Diagnostics Inc., Biocompare and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
In terms of the geographic analysis, North America dominates the immunoturbidimetry reagents market due to the high prevalence of local players in the market, while Europe is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to the growing awareness amongst people regarding diabetes and high blood pressure-related conditions.
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Veterinary Infectious Disease Diagnostics Market
According to estimates, the veterinary infectious disease diagnostics market was worth roughly US$1.5 billion by 2021. However, due to the increasing prevalence of infectious diseases in animals and the increasing use of infectious disease diagnostic tests for early diagnosis of these diseases, it is anticipated that the overall market will expand at a healthy CAGR of 9.0% between 2022 and 2032, reaching more than US$ 3.8 billion by 2032.
As per veterinary infectious disease diagnostics market study, there is a rise in the number of pets, the rising incidence of zoonotic diseases, the growing adoption for animal-derived food products, the rising demands for pet insurance, the upsurge in animal health expenditure, and the surge in the number of veterinary practitioners and income levels in developed economies which are contributing to the veterinary infectious disease diagnostics market growth.
The overall veterinary infectious disease diagnostics market growth is projected to be hindered by rising pet care expenses. One of the critical challenges restricting veterinarians’ adoption of veterinary infectious disease diagnostics is a dearth of skilled veterinarians and diagnostic infrastructure, particularly in developing countries. Another key hindrance to broader adoption is the expensive cost of modern diagnostic tests.
Veterinary Infectious Disease Diagnostics Market Key Segments:
By Technology:
Immunodiagnostics
Molecular Diagnostic
Others
By Animal Type:
Companion animal
Food-producing animals
By End User:
Reference Laboratories
Veterinary Hospitals and Clinics
Point of Care
Research Institutes & Universities
By Region:
North America
South America
Europe
Asia Pacific
Middle East and Africa
Competition Analysis:
Top companies operating in Veterinary Infectious Disease Diagnostics Market:
Zoetis, Inc.
Thermo fisher scientific
Virbac
Biomerieux SA
Heska Corporation
IDvet
NEOGEN Corporation
QIAGEN N.V.
Randox Laboratories Ltd.
Key Takeaways:
The highest veterinary infectious disease diagnostics market is further expected to reach US$ 3.8 Bn by 2032.
The consumables, reagents & kits product segment held the largest veterinary infectious disease diagnostics market share of more than 52% in 2021.
According to AVMA, there were around 26,000 veterinary hospitals & clinics in the U.S. in 2019, and more than 80% of them provided point-of-care testing.
The study finds that Asia-Pacific has the highest veterinary infectious disease diagnostics market growth, which is growing due to the contribution of the following emerging countries such as India, with a CAGR of 11.7%.
The pathology testing type segment dominated the veterinary infectious disease diagnostics market in 2021 with a share of more than 13% owing to its wide variety of service offerings, such as various lab tests, imaging, and specialized tests.
The non-infectious diseases segment held the maximum veterinary infectious disease diagnostics market share of more than 27% of the global revenue in 2021.
The laboratories segment held the largest revenue share of more than 37% in 2021.
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Global Veterinary Diagnostics Market Size, Industry Trends, Revenue, Future Scope and Outlook 2029
Global Veterinary Diagnostics Market: size was valued at USD 2.7 Bn. in 2021 and the total Veterinary Diagnostics revenue is expected to grow by 9.5% from 2022 to 2029, reaching nearly USD 5.58 Bn.
Global Veterinary Diagnostics Market Overview:
The goal of this research is to provide an overview of the Global Veterinary Diagnostics Market as well as detailed market segmentation based on connection type, end-use, and geography. The study contains critical information on the market positions of the leading Global Veterinary Diagnostics players, as well as noteworthy industry trends and opportunities.
The analysis also focuses on the Global Veterinary Diagnostics market's key top industry players, providing information such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information. This study examines the Global Veterinary Diagnostics Market Trends, Volume, and Value at the Global, Regional, and Company Levels. This report analyses the entire Global Veterinary Diagnostics Market Size from a global perspective by analyzing historical data and prospects.
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Global Veterinary Diagnostics Market Dynamic:
Approximately, 30 major diseases in humans are spread by animals. The majority of human illnesses are transmitted by household pets such as dogs and cats and livestock such as pigs, chickens, cattle, goats, and camels. Among the primary zoonotic illnesses transferred from animals to people are zoonotic gastrointestinal disease, leptospirosis, cysticercosis, zoonotic TB, and rabies. The occurrence of transboundary illnesses has also increased. For example, foot-and-mouth disease (FMD) was estimated to affect approximately 77% of the global livestock population in 2018 in countries across Africa, the Middle East, and Asia, as well as a small area of South America, with a morbidity rate of 100%. (In susceptible cattle populations).
Global Veterinary Diagnostics Market Segmentation:
By Testing Type, the Pathology Testing Type segment dominated the market in 2021 with a CAGR of XX% and is expected to continue its dominance at the end forecast period because it provides extensive service offerings, including numerous lab testing, imaging, and specialist diagnostics. It includes histopathology and immune histochemistry diagnostics, which are used to detect changes in animal tissues caused by disease or medical conditions. The cells may be extracted from animal biopsy samples, which are processed and given over to pathologists for further assessment using modern technology and specific staining Hematoxylin and Eosin (H&Es). Immunohistochemistry provides markers for neoplastic and infectious illnesses in both small and big animals, such as the distemper virus, adenovirus, and others.
Global Veterinary Diagnostics Market Key Players:
• Thermo Fisher Scientific Inc
• Abaxis Inc
• IDVet
• Agrolabo SPA,
• Idexx Laboratories Inc
• Neogen Corp
• Merck
• Heska Corporation
• Qiagen N.V
• Virbac Corp
• Zoetis
• IncIm3 Inc
• VCA Antech
• Henry Schein Inc.
• QIAGEN N.V.
• bioMérieux SA
• Randox Laboratories Ltd.
• Covetrus
• IM3Vet Pty Ltd.
• INDICAL BIOSCIENCE GmbH
• Biopanda Reagents
• Fassisi GmbH
• Shenzhen Bioeasy Biotechnology Co., Ltd
• Precision Biosensor, Inc.
• Alvedia
• SKYER, Inc.
• BioChek
• Bionote, Inc.
Inorganic growth techniques noted in the sector included acquisitions, partnerships, and collaborations. With growing demand, industry participants in the Global Veterinary Diagnostics market are projected to benefit from excellent future growth opportunities. The following are a few companies participating in the worldwide Global Veterinary Diagnostics industry.
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Regional Analysis:
The research also includes a comprehensive PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, the Middle East, and Africa, and South America, after examining the political, economic, social, and technological variables influencing the Global Veterinary Diagnostics market in these regions.
COVID-19 Impact Analysis on Global Veterinary Diagnostics Market:
As a result of the COVID-19 outbreak, customer behavior has transformed throughout all sectors of society. Industries, on the other hand, will need to adjust their strategies to account for altering market supplies. This study gives an outline of the COVID-19's impact on the Global Veterinary Diagnostics market and will help you build your business in compliance with the new industry standards.
Key Questions Answered in the Global Veterinary Diagnostics Market Report are:
What will be the CAGR of the Global Veterinary Diagnostics market during the forecast period?
Which segment emerged as the leading segment in the Global Veterinary Diagnostics market?
Which are the prominent players in the Global Veterinary Diagnostics market?
What will be the Global Veterinary Diagnostics market size by 2027?
Which company held the largest share in the Global Veterinary Diagnostics market?
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Veterinary Diagnostics Market Challenges, Business Overview, Top Trends, Technology, Growth, Impact Of Covid-19 on Industry
Segmentation:
Challenge: Shortage of veterinary practitioners in developing countries
The global animal healthcare industry is marked by a shortage of skilled veterinarians and pathologists. This is particularly evident in the emerging markets across the APAC and Latin America, which show a huge gap in the demand and supply of veterinary professionals. According to the World Animal Health Information Database (2017), there were 180,821 veterinary professionals in India. The general norm is to have at least one veterinary doctor for every 5,000 animals. According to the Vet Extension (2018), India’s total livestock population was 512.05 million; this translates into a requirement of 60,000 veterinarians catering to bovine animals alone. The demand will further increase if poultry, sheep, goats, pigs, and other animals are considered. Currently, the lack of skilled veterinarians and diagnostic infrastructure, especially in developing countries, is one of the major factors limiting the uptake of advanced diagnostic solutions among veterinarians.
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Key Players:
Some of the major market players in the veterinary diagnostics market include IDEXX Laboratories, Inc. (US), Zoetis, Inc. (US), Heska Corporation (US), Thermo Fisher Scientific Inc. (US), NEOGEN Corporation (US), Bio-Rad Laboratories Inc. (US), bioMérieux SA (France), Virbac (France), Agrolabo S.p.A. (Italy), INDICAL BIOSCIENCE GmbH (Germany), Randox Laboratories Ltd. (Ireland), IDvet (France), Biopanda Reagents (UK), Bionote, Inc. (South Korea), BioChek (Netherlands), Fassisi GmbH (Germany), Biogal Galed Labs (Israel), Alvedia (France), SKYER, Inc. (South Korea), and Shenzhen Bioeasy Biotechnology Co., Ltd. (China).
Veterinary Diagnostics Market research report offer:
The global Veterinary Diagnostics market is defined, along with an analysis of several influencing factors like drivers, constraints, opportunities, & challenges.
Market risk analysis & industry trend analysis are also included in the Veterinary Diagnostics market.
The market competition landscape is defined, characterised, & analysed using Porter’s Five Force Analysis & SWOT analysis, with a focus on global primary manufacturers.
Identification and analysis of micro and macro aspects that influence & will influence market growth in the global Veterinary Diagnostics competitive landscape.
A comprehensive list of key market participants in the global Veterinary Diagnostics business.
It gives a descriptive assessment of demand-supply side analysis in the worldwide Veterinary Diagnostics market.
A statistical analysis of certain major economic indicators
The market is described using figures, charts, graphs, & drawings.
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COVID-19 Impact on Veterinary Diagnostics market:
In the Veterinary Diagnostics market, the research also reveals exclusive choices, difficult situations, & problematic scenarios. A series of concepts will aid readers in making decisions & strategizing for their future chances. Our challenges, adversity, and market concerns let our readers realise how businesses might save them. The novel coronavirus illness (COVID-19) problem is wreaking havoc on all service & manufacturing businesses due to severe declines in demand. The majority of workforces in this arena are at risk. As an outcome, a considerable number of originalities have shut down.
The global crisis has impacted every industry. COVID-19’s market impact has been closely monitored by our analysts. A separate section of the report focuses on the setbacks which happened throughout the crisis.
Introduction of the global Veterinary Diagnostics Market:
The intangible facts surrounding the key restraints, opportunities, & risks that are anticipated to affect the industry’s development during the forecast period are investigated in the Veterinary Diagnostics Market report (2022-2026). Other assessments, like supply & demand, imports & exports, distribution networks, consumption, and production capacity, are all important in giving business owners, stakeholders, & field marketers a competitive edge over competitors in the same arena. Furthermore, the research evaluates the Veterinary Diagnostics market competitors’ flaws & strengths in several categories. For business owners to establish real business plans, they must analyse previous & future major trends which are actively contributing to the growth of the Veterinary Diagnostics industry.
A complete analysis of the global Veterinary Diagnostics industry, as well as market segmentation by product type, applications, end-use, & region, is included in the report. The report includes a historical market dynamics analysis from 2022 to 2026, which will help readers compare past trends to current market scenarios, as well as key player contributions.
Regional Insights on Veterinary Diagnostics market:
The several sections on regional segmentation provide information on the regional characteristics of the global Veterinary Diagnostics Market. This chapter discusses the regulatory environment that will have an impact on the global market. It highlights the market’s political landscape & anticipates its impact on the worldwide Veterinary Diagnostics industry. Global brands’ presence and availability, as well as the problems they face from fierce competition from local & domestic brands, the influence of domestic tariffs, and trade channels, are all considered. The Veterinary Diagnostics report examines the five areas & their distribution by country:
North America – (U.S., Canada, and Mexico)
Europe – (U.K., Germany, France, Spain, Italy, Sweden, CIS Countries, and Rest of Europe)
Asia Pacific – (China, India, Japan, South Korea, Australia, ASEAN, and Rest of APAC)
Middle East & Africa – (South Africa, GCC Countries, Nigeria, Egypt, and Rest of ME&A)
South America – (Brazil, Argentina, Colombia, and Rest of South America)
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Laboratory Proficiency Testing Market – Industry Trends and Forecast to 2027.
Laboratory Proficiency Testing Market grows at a CAGR of 6.80% in the forecast period 2020-2027.
Market Analysis & Insights: Laboratory Proficiency Testing Market
Laboratory proficiency testing market is expected to reach USD 810.1 million by 2027 growing at a growth rate of 6.80% in the forecast period 2020 to 2027. Advancement in the testing industry is expected to create new opportunity for the market in the mentioned forecast period.
Laboratory proficiency testing is testing which is specially performed to ensure the performance of the individual laboratories for any specific tests or measurements. Different technologies which are used in the laboratory proficiency include PCR, cell culture, immunoassays, chromatography and others.
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Laboratory Proficiency Testing Market Share Analysis
Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to laboratory proficiency testing market.
Laboratory Proficiency Testing Market Scope and Market Size
Based on industry type, the laboratory proficiency testing market is segmented into clinical diagnostics, microbiology, pharmaceuticals, biologics, cosmetics, cannabis/opioids, food and animal feed, commercial beverages, water, environmental, dietary supplements and nutraceuticals. Pharmaceutical segment is further divided into branded/innovator drugs, OTC, generics, and biosimilars
Laboratory proficiency testing market is segmented of the basis of industry type, and technology. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
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Laboratory Proficiency Testing Market Country Level Analysis
The countries covered in the compression therapy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
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Global Laboratory Proficiency Testing Market
Key Players Laboratory Proficiency Testing Market
LGC Limited
Randox Laboratories Ltd.
Merck KGaA
AOAC International
NSI Lab Solutions
TOC of the report
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
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Cholesterol Testing Market – Size & Share to Show Highest Growth During Forecast Period 2021-2028
Global Cholesterol Testing Market, Geography (North America (United States, Canada and Mexico), South America (China, Japan, Korea, India and Southeast Asia), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), Middle East and Africa (Saudi Arabia, Egypt, Nigeria and South Africa)) Industry Trends 2021-2028
<strong>Market overview</strong>
The competitive scenario among different market players is evaluated through market share analysis in the competitive landscape section of the report on Cholesterol Testing . All these factors would help marketers to take strategic steps in order to strengthen their positions and expand their shares in the international market. The market overview segment of the report explores the market dynamics such as drivers, restraints, and current opportunities that have a strong effect on the international body sensor market and could affect the market in the near future. A market-making analysis has been provided in the market overview section in order to explain the level of competition in the market across different geographies.
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<strong>Methodology</strong>
Experts and industry specialists play a significant role in creating statistical tools and research models, which are used to examine data and reach an accurate graph with highly informative research results which can be later used to make really important decisions related to the business. Data sources come from a large number of research studies and our in-house datasheet. Also, the report uses the top-down approach to report. This report on Cholesterol Testing the numbers for each division and attests them to the bottom-up approach. All capable factors affecting the markets included in this research study are evaluated, elaborated, and examined through basic research and investigated to obtain quantitative and qualitative data. Structural databases such as D&B Hoover and Bloomberg are used which helps to recognize the competitive situation of top market players along with profile details. This data is merged and combined with detailed inputs and analysis from Statistify market research and revealed in this report.
<strong>Regional Analysis</strong>
The survey report on Cholesterol Testing is composed of inspection of different countries around the world based on certain market indicators such as new market segment, converting non-customer into a customer, selling a new product to an existing customer. Countries with a wide range of economic systems mean sustainable advantage which will protect them from economic downturns as well as competitors. Countries in the Asia-Pacific region also show a great signal of development due to the population figure in this part of the world which establishes an efficient marketing environment. The survey report on Cholesterol Testing also uses numerous graphical tools and techniques for easy and better understanding to the readers.
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<strong>Top Listed Companies in the Cholesterol Testing Market Include</strong>
Abbott Diagnostics, Inc.,Ciga Healthcare,Beckman Coulter, Inc.,AccuTech, LLC,PRIMA Lab SA,Abbott,Akers Biosciences,Roche,Atherotech Diagnostics Lab,General Life Biotechnology,PTS Diagnostics,Sekisui Diagnostics,Bio-Rad Laboratories,Quest Diagnostics,Home Access Health Corporation,Eurofins Scientific,Siemens Healthineers,Randox Laboratories,Boston Heart Diagnostics Corporation
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This report on Cholesterol Testing helps in understanding the major key product segments.
This report on Cholesterol Testing throws light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
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It offers massive data about trending factors that will influence the progress of the Cholesterol Testing Market.
It offers an in-depth analysis of the changing competitive scenario in the Cholesterol Testing market of the research industry.
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Global Laboratory Proficiency Testing Market Proliferating Projected to Reach Worth USD 1,233.5 Million by 2027
A study, recently conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the global laboratory proficiency testing marketwas worth USD 824.5 Million in 2020. The market is further projected to reach USD 1,233.5 Million by 2027, at a CAGR of 6.3 % during the forecast period (2021-2027). The increasing stringency in regulations for food and pharmaceutical industries by governing bodies like the FDA, and Food Safety Promotion Board, coupled with the growing demand for water testing, government aids, and the onset of COVID-19 pandemic, has established the global laboratory proficiency testing market as a major industry. Moreover, the growing number of new proficiency testing programs by the key players has also led to the growth of the global laboratory proficiency testing market.
Increasing stringency on food and drug regulations driving the growth of the global laboratory proficiency testing market
In 2019, the USFDA (U.S. Food and Drug Administration) carried out a series of tests on grocery products on shelves, for the first time, to check for the presence of risky chemicals that may settle in the body. However, the test results confirmed a chemical named polyfluoroalkyl in chocolates, chocolate cakes, and sweet potatoes. Thus, instances such as this have led the government to impose stricter rules on manufacturing food and drugs. Therefore, due to such stringency in regulations, laboratory proficiency testing has become a crucial part of the routine.
Recently, there has been a lot of dilemmas regarding drug safety and regulation. For instance, withdrawal of rofecoxib (Vioxx), the cardiovascular safety of other cyclo-oxygenase-2 (COX 2) inhibitors, and the possible suicidal tendencies associated with selective serotonin reuptake inhibitor (SSRI) antidepressants have caused a stir in the pharmaceutical world. As a result of these occurrences, the regulatory authorities in charge of drug safety have imposed a slew of new standards for testing drugs before market launch. Such comprehensive laboratory testing has led in a demand for laboratory proficiency testing to keep the lab running smoothly. As a result of all of these factors, strong safety standards have been implemented, which call for appropriate laboratory proficiency testing, assisting the global laboratory proficiency market's growth.
The global laboratory proficiency testing market is being held back by heavy investment.
Laboratory proficiency testing is a very sophisticated procedure that calls for costly and delicate instruments. Testing is done using many sophisticated and expensive instruments, such as spectrophotometer, HPLC, gel permeation chromatography systems, cell harvest systems, autoclaves, and many more. Only skilled technicians can operate such sophisticated machines. The cost of installing such instruments is likewise exceedingly high, necessitating a significant expenditure in laboratory proficiency testing. For diverse applications such as immunoassay, laboratory proficiency testing uses expensive techniques such as ELISA and PCR. The instruments and the chemicals involved in this procedure are also expensive; thus, the global laboratory proficiency market is being restrained heavily by the immensely high cost involved in its installation and implementation.
Global laboratory proficiency testing market by industry
Based on industry type, the global laboratory proficiency testing market is divided into pharmaceuticals, biologics, microbiology, clinical diagnostics, food and animal feed, dietary supplements, nutraceuticals, commercial beverage, water. The microbiology segment holds the largest share in the industry segment of the global laboratory proficiency testing market due to the surge in demand for laboratory proficiency testing programs by microbiology labs.
The increase in the prevalence of infectious diseases has proved to be a major threat to the healthcare industries worldwide, which has led to the onset of several strict regulations to prevent pathogenic infestations. Microbial infestation in water, food, and pharmaceuticals has been a rising source of concern among healthcare personnel, contributing to the segment's growth. In addition, the growing market for antimicrobial susceptibility testing is driving this segment of the global laboratory proficiency testing market forward.
North America is leading the global laboratory proficiency testing market.
Based on region type, the global laboratory proficiency testing market is divided into North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America. North America holds largest market share in the global laboratory proficiency testing market. The FDA of the United States and other regulatory agencies such as the Canadian Food Inspection Agency of Canada have mandated proficiency testing for operational superiority, giving North America the greatest market share in the global laboratory proficiency testing industry.
Furthermore, authoritative bodies like the Medicines and Healthcare Products Regulatory Agency and the Food and Drug Administration have been actively inspecting manufacturing units, laboratories, and factories. Thus, to meet the parameters set by these regulatory bodies, laboratory proficiency testing is a must. Moreover, North America is the hub for various significant industries like pharmaceuticals, food, water & environment, commercial beverages, and cosmetics, which further widens laboratory proficiency testing in this region by increasing the industry application.
Impact of COVID-19
The impact of the pandemic has been massive in almost all industries worldwide. The healthcare industry, on the other hand, is arguably the most affected. The onset of the pandemic, however, has had a favorable impact on the laboratory proficiency testing market's growth. The outbreak of the pandemic has raised awareness regarding the significance of healthcare among the general public and healthcare organizations. As a result, regulatory authorities have imposed harsher regulations on manufacturing firms and hospitals. As a result, the market for laboratory proficiency testing is booming. Moreover, laboratory proficiency testing ensures that the tests for detecting the novel coronavirus are being rendered accurately, and processed, and administered appropriately to achieve high precision in results. Thus, the pandemic has also led to the growth of the global laboratory proficiency testing market.
Competitive Landscape
Due to factors such as increased emphasis on water testing, tightening of food and pharmaceutical product safety and quality laws, expansion in the biosimilars industry, and increased demand for packaged food goods, strong quality control measures have been implemented. These stringent regulations are consequently leading to the growth of the global laboratory proficiency testing market besides attracting a lot of significant players in this industry, such as Bio-Rad Laboratories, NSI Lab Solutions, Absolute Standards Inc., Bipea, Advanced Analytical Solutions, LLC, Phenova Inc., AOAC, FAPAS, QACS - The Challenge Test Laboratory, UK NEQAS, Waters Corporation, LGC Limited, American Proficiency Institute, College of American Pathologists, Randox Laboratories, Weqas, INSTANT, RCPA, NSI Lab Solutions, ERA, and other prominent players.
Don’t miss the business opportunity of the global laboratory proficiency testing market. Consult our analysts to gain crucial insights and facilitate your business growth.
The report's in-depth analysis provides information about growth potential, upcoming trends, and statistics of the global laboratory proficiency testing market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the global laboratory proficiency testing market, along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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In Vitro Diagnostics (IVD) Quality Control Market Future Growth Explored in Latest Research Report by 2027 | BD, Bio-Rad Lab, Thermo Fisher, Siemens, Sun Diagnostics
Global In Vitro Diagnostics (IVD) Quality Control Market Overview:
Today’s businesses choose the market research report solution such as In Vitro Diagnostics (IVD) Quality Control Market report because it lends a hand with the improved decision making and more revenue generation. The report also aids in prioritizing Market goals and attain profitable business. Industry tendencies, the growth proportion of major producers, and production analysis are the segments included in the chapter of global growth trends of In Vitro Diagnostics (IVD) Quality Control business report. While studying Market size by application it covers Market consumption analysis by application whereas studying Market size by type includes analysis of value, product utility, Market percentage, and production Market share by type.
The persuasive In Vitro Diagnostics (IVD) Quality Control Market report is all-embracing of the data which covers Market definition, classifications, applications, engagements, Market drivers, and Market restraints that are based on the SWOT analysis. Analysis of profiles of manufacturers or commanding players of the global Market is performed based on sales area, key products, gross margin, revenue, price, and production. The chapter of Market value chain and sales channel analysis of this Market document includes details of customer, distributor, Market value chain, and sales channel analysis. An excellent In Vitro Diagnostics (IVD) Quality Control report consists of most recent Market information with which companies can attain in depth analysis of Healthcare industry and future trends.
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The Global In Vitro Diagnostics (IVD) Quality Control Market to account to USD 1.25 Billion by 2027 growing at a CAGR of 3.8% in the forecast period of 2020 to 2027.
According to the market report analysis, In-vitro diagnostics (IVDs) are those medical devices and accessories which are specially designed so they can conduct in-vitro testing on body samples such as tissues, blood and urine. They are widely used for the diagnosis and treatment of various medical conditions.
Some of most important key factors driving the growth of the Global In Vitro Diagnostics (IVD) Quality Control Market are growing demand for multi-analyte controls, increasing number of accredited clinical laboratories, growing demand for external quality assessment (EQA) support, rising third party quality control services, rising adoption of fully automated instruments and automation in laboratories and increasing cases of communicable & chronic diseases.
Top Leading Key in Players Global In Vitro Diagnostics (IVD) Quality Control Market: Bio-Rad Laboratories, Inc, Thermo Fisher Scientific Inc., SeraCare Life Sciences Inc., Randox Laboratories Ltd., Siemens Healthcare Private Limited., Technopath Clinical Diagnostics., Sun Diagnostics, LLC., Ortho Clinical Diagnostics, BD., Sysmex Corporation, bioMérieux, Inc and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
In terms of the geographic analysis, North America dominates the In vitro diagnostics (IVD) quality control market, while APAC is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to increasing awareness about the early diagnosis and presence of key regulatory authorities in the region.
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Global Laboratory Proficiency Testing Market Sze and Share is Proliferating Projected to Reach Worth USD 1,233.5 Million by 2027 | BlueWeave
A study, recently conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the global laboratory proficiency testing market was worth USD 824.5 Million in 2020. The market is further projected to reach USD 1,233.5 Million by 2027, at a CAGR of 6.3 % during the forecast period (2021-2027). The increasing stringency in regulations for food and pharmaceutical industries by governing bodies like the FDA, and Food Safety Promotion Board, coupled with the growing demand for water testing, government aids, and the onset of COVID-19 pandemic, has established the global laboratory proficiency testing market as a major industry. Moreover, the growing number of new proficiency testing programs by the key players has also led to the growth of the global laboratory proficiency testing market.
Increasing stringency on food and drug regulations driving the growth of the global laboratory proficiency testing market
In 2019, the USFDA (U.S. Food and Drug Administration) carried out a series of tests on grocery products on shelves, for the first time, to check for the presence of risky chemicals that may settle in the body. However, the test results confirmed a chemical named polyfluoroalkyl in chocolates, chocolate cakes, and sweet potatoes. Thus, instances such as this have led the government to impose stricter rules on manufacturing food and drugs. Therefore, due to such stringency in regulations, laboratory proficiency testing has become a crucial part of the routine.
Recently, there has been a lot of dilemmas regarding drug safety and regulation. For instance, withdrawal of rofecoxib (Vioxx), the cardiovascular safety of other cyclo-oxygenase-2 (COX 2) inhibitors, and the possible suicidal tendencies associated with selective serotonin reuptake inhibitor (SSRI) antidepressants have caused a stir in the pharmaceutical world. As a result of these occurrences, the regulatory authorities in charge of drug safety have imposed a slew of new standards for testing drugs before market launch. Such comprehensive laboratory testing has led in a demand for laboratory proficiency testing to keep the lab running smoothly. As a result of all of these factors, strong safety standards have been implemented, which call for appropriate laboratory proficiency testing, assisting the global laboratory proficiency market's growth.
The global laboratory proficiency testing market is being held back by heavy investment.
Laboratory proficiency testing is a very sophisticated procedure that calls for costly and delicate instruments. Testing is done using many sophisticated and expensive instruments, such as spectrophotometer, HPLC, gel permeation chromatography systems, cell harvest systems, autoclaves, and many more. Only skilled technicians can operate such sophisticated machines. The cost of installing such instruments is likewise exceedingly high, necessitating a significant expenditure in laboratory proficiency testing. For diverse applications such as immunoassay, laboratory proficiency testing uses expensive techniques such as ELISA and PCR. The instruments and the chemicals involved in this procedure are also expensive; thus, the global laboratory proficiency market is being restrained heavily by the immensely high cost involved in its installation and implementation.
Global laboratory proficiency testing market by industry
Based on industry type, the global laboratory proficiency testing market is divided into pharmaceuticals, biologics, microbiology, clinical diagnostics, food and animal feed, dietary supplements, nutraceuticals, commercial beverage, water. The microbiology segment holds the largest share in the industry segment of the global laboratory proficiency testing market due to the surge in demand for laboratory proficiency testing programs by microbiology labs.
The increase in the prevalence of infectious diseases has proved to be a major threat to the healthcare industries worldwide, which has led to the onset of several strict regulations to prevent pathogenic infestations. Microbial infestation in water, food, and pharmaceuticals has been a rising source of concern among healthcare personnel, contributing to the segment's growth. In addition, the growing market for antimicrobial susceptibility testing is driving this segment of the global laboratory proficiency testing market forward.
North America is leading the global laboratory proficiency testing market.
Based on region type, the global laboratory proficiency testing market is divided into North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America. North America holds largest market share in the global laboratory proficiency testing market. The FDA of the United States and other regulatory agencies such as the Canadian Food Inspection Agency of Canada have mandated proficiency testing for operational superiority, giving North America the greatest market share in the global laboratory proficiency testing industry.
Furthermore, authoritative bodies like the Medicines and Healthcare Products Regulatory Agency and the Food and Drug Administration have been actively inspecting manufacturing units, laboratories, and factories. Thus, to meet the parameters set by these regulatory bodies, laboratory proficiency testing is a must. Moreover, North America is the hub for various significant industries like pharmaceuticals, food, water & environment, commercial beverages, and cosmetics, which further widens laboratory proficiency testing in this region by increasing the industry application.
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Impact of COVID-19
The impact of the pandemic has been massive in almost all industries worldwide. The healthcare industry, on the other hand, is arguably the most affected. The onset of the pandemic, however, has had a favorable impact on the laboratory proficiency testing market's growth. The outbreak of the pandemic has raised awareness regarding the significance of healthcare among the general public and healthcare organizations. As a result, regulatory authorities have imposed harsher regulations on manufacturing firms and hospitals. As a result, the market for laboratory proficiency testing is booming. Moreover, laboratory proficiency testing ensures that the tests for detecting the novel coronavirus are being rendered accurately, and processed, and administered appropriately to achieve high precision in results. Thus, the pandemic has also led to the growth of the global laboratory proficiency testing market.
Competitive Landscape
Due to factors such as increased emphasis on water testing, tightening of food and pharmaceutical product safety and quality laws, expansion in the biosimilars industry, and increased demand for packaged food goods, strong quality control measures have been implemented. These stringent regulations are consequently leading to the growth of the global laboratory proficiency testing market besides attracting a lot of significant players in this industry, such as Bio-Rad Laboratories, NSI Lab Solutions, Absolute Standards Inc., Bipea, Advanced Analytical Solutions, LLC, Phenova Inc., AOAC, FAPAS, QACS - The Challenge Test Laboratory, UK NEQAS, Waters Corporation, LGC Limited, American Proficiency Institute, College of American Pathologists, Randox Laboratories, Weqas, INSTANT, RCPA, NSI Lab Solutions, ERA, and other prominent players.
Don’t miss the business opportunity of the global laboratory proficiency testing market. Consult our analysts to gain crucial insights and facilitate your business growth.
The report's in-depth analysis provides information about growth potential, upcoming trends, and statistics of the global laboratory proficiency testing market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the global laboratory proficiency testing market, along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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#Laboratory Proficiency Testing Market#Laboratory Proficiency Testing Market Size#Laboratory Proficiency Testing Market Share
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Creatinine Measurement Market: Increasing Incidence of Renal Disorders
The research study estimates the creatinine measurement market size for 2018 and projects its demand till 2023. In the primary research process, various sources from both demand side and supply side were interviewed to obtain qualitative and quantitative information for the report. Primary sources from the demand side include physicians/doctors, healthcare professionals, clinical laboratory executives, lab managers, laboratory assistants, and biochemistry consultants.
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Major Market Growth Drivers:
The increasing incidence of renal disorders, growing incidence of other chronic disorders impacting renal function, growing awareness and adoption of preventive healthcare approaches, implementation of favorable government initiatives to promote renal health, rising geriatric population, and increasing number of drug development initiatives are the key drivers for global Creatinine Measurement Market.
Revenue Growth Analysis:
The creatinine measurement marketis expected to reach USD 700.8 million by 2027 from USD 377.2 million in 2018, at a CAGR of 8.4%.
Browse and in-depth TOC on " Creatinine Measurement Market "
96 – Tables
21 – Figures
210 – Pages
The Jaffe’s kinetic method segment is expected to hold the largest in the market in 2018
The creatinine test kits and regents market, by test type, is segmented into the Jaffe’s kinetic method and enzymatic method. In 2018, the Jaffe’s kinetic method segment is expected to hold the largest share of the creatinine measurement market. The widespread availability and cost-effectiveness of kits and reagents used in Jaffe’s kinetic method is a key factor driving the growth of creatinine test kits and regents market.
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Based on the type of sample, the blood/serum segment is expected to register the highest CAGR during the forecast period
Based on type of sample the creatinine test kits and regents market is segmented into blood/serum and urine samples. The blood/serum segment is expected to witness the highest CAGR over the forecast period. Most creatinine measurement kits and reagents are based on the analysis of creatinine in blood samples owing to its accuracy in inferring creatinine concentration and low risk of contamination.
North America to dominate the creatinine test kits market
In 2018, North America is expected to dominate the creatinine test kits market followed by Europe. The large share of North America is attributed to factors such as the increasing incidence of renal disorders, rising prevalence of other chronic disorders like hypertension and diabetes (which can lead to renal dysfunction) in the region, and the implementation of favorable government initiatives to increase awareness about kidney diseases and their early diagnosis.
Leading Companies
Hoffmann-la Roche Ltd (Switzerland)., Abbott Laboratories (US), Danaher Corporation (US), Thermo Fisher Scientific Inc (US), Siemens Healthineers (Germany), Randox Laboratories (UK)., Pointe Scientific, Inc (US), Sentinel Ch. Spa. (Italy), Diasys Diagnostic Systems GmbH (Germany), Dialab GmbH (Vienna), Diazyme Laboratories, Inc (US), Wako Pure Chemical Industries, Ltd. (Japan), Ortho Clinical Diagnostics (US), and Shenzhen Mindray Bio-Medical Electronics Co., Ltd (China).
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Biochip Market Segmentation, Industry Analysis By Production, Consumption, Revenue And Growth Rate By 2028
The Global Biochip Market size was valued at USD 11.49 Billion in 2020 and is forecast to reach USD 29.90 Billion, at a CAGR of 11.7% through 2028, according to a new report by Reports and Data. The market growth is driven by increasing application of biochip in proteomics, genomics, and drug discovery, coupled with high investment in R&D.
Biochip technologies have a significant impact on genomic research. Various fields such as drug discovery, gene discovery, medical diagnostics, and toxicological research, are benefitting from the use of biochip technologies. Biochip technology is expensive, and its high cost is associated with the complexity of technology, various resources and extensive R&D that goes in for the product manufacturing. Several research institutes are focusing on enhancing the precision of the product while reducing costs and time. Rise in R&D investment, government funding and high potential in untapped markets is expected to offer lucrative growth opportunities for the biochip market.
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The report initially offers market introduction, market overview, product scope, market opportunities, growth prospects, risks, limitations, and key drivers. The report also covers a comprehensive analysis of the competitive landscape with extensive profiling of the key competitors. It covers recent technological advancements, product developments, product launches, mergers and acquisitions, collaborations, joint ventures, and partnerships.
Key Companies in the market include:
bioMrieux S.A., Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd., Fluidigm Corporation, HORIBA Ltd., Illumina, Inc., PerkinElmer, Inc., Randox Laboratories Ltd., Thermo Fisher Scientific Inc., and QIAGEN N.V., among others.
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Market segment analysis:
Product Outlook (Revenue, USD Billion; 2018-2028)
DNA Chip
Lab-on-chip
Protein Chip
Others
Technology Outlook (Revenue, USD Billion; 2018-2028)
Microfluidics
Microarray
Substrate Materials Outlook (Revenue, USD Billion; 2018-2028)
Glass
Polymers
Silicon
Others
Applications Outlook (Revenue, USD Billion; 2018-2028)
Genomics
Proteomics
Drug Discovery and Developments
In Vitro Diagnostics
Disease Diagnostics
Agriculture
End Users Outlook (Revenue, USD Billion; 2018-2028)
Pharmaceutical and Biotechnology Company
Academic and research institute
Hospitals and diagnostic centers
Other end users
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On the basis of regional analysis, the market is segmented into key geographical regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. According to the analysis, North America is expected to dominate the market with the highest market share. Asia-Pacific is anticipated to show a significant growth rate owing to rising development and population demands.
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Key Features of the Global Biochip Market Report:
Comprehensive analysis of the key players operating in the market along with their SWOT analysis, their business profiles, business overview, market share, global position, and market value
Identification and analysis of significant trends and factors driving revenue growth of the market
Analysis of the competitive landscape along with strategic mergers, expansions, agreements, partnerships, joint ventures, acquisitions, and product launches
Assessment of each market segment along with their growth trends and market revenue contribution
Study of the key regions to pinpoint growth potential and study opportunities, threats, limitations, and risks
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Laboratory Proficiency Testing Market – Industry Trends and Forecast to 2027.
Laboratory Proficiency Testing Market grows at a CAGR of 6.80% in the forecast period 2020-2027.
Market Analysis & Insights: Laboratory Proficiency Testing Market
Laboratory proficiency testing market is expected to reach USD 810.1 million by 2027 growing at a growth rate of 6.80% in the forecast period 2020 to 2027. Advancement in the testing industry is expected to create new opportunity for the market in the mentioned forecast period.
Laboratory proficiency testing is testing which is specially performed to ensure the performance of the individual laboratories for any specific tests or measurements. Different technologies which are used in the laboratory proficiency include PCR, cell culture, immunoassays, chromatography and others.
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Laboratory Proficiency Testing Market Share Analysis
Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to laboratory proficiency testing market.
Laboratory Proficiency Testing Market Scope and Market Size
Based on industry type, the laboratory proficiency testing market is segmented into clinical diagnostics, microbiology, pharmaceuticals, biologics, cosmetics, cannabis/opioids, food and animal feed, commercial beverages, water, environmental, dietary supplements and nutraceuticals. Pharmaceutical segment is further divided into branded/innovator drugs, OTC, generics, and biosimilars
Laboratory proficiency testing market is segmented of the basis of industry type, and technology. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
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Laboratory Proficiency Testing Market Country Level Analysis
The countries covered in the compression therapy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
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Global Laboratory Proficiency Testing Market
Key Players Laboratory Proficiency Testing Market
LGC Limited
Randox Laboratories Ltd.
Merck KGaA
AOAC International
NSI Lab Solutions
TOC of the report
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Get TOC details from here: https://www.databridgemarketresearch.com/toc/?dbmr=global-laboratory-proficiency-testing-market
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