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In Vitro Diagnostics Quality Control Market to be Valued $1.24 Billion By 2026 : Grand View Research, Inc

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In Vitro Diagnostics Quality Control Market to be Valued $1.24 Billion By 2026 : Grand View Research, Inc

August 13
09:38 2019
In Vitro Diagnostics Quality Control Market to be Valued $1.24 Billion By 2026 : Grand View Research, Inc

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The global In Vitro Diagnostics quality control market size was valued at USD 905 million in 2018 and is anticipated to register a CAGR of 4.1% over the forecast period.

The global In Vitro Diagnostics (IVD) Quality Control Market size is expected to reach USD 1.24 billion by 2026, according to a new report by Grand View Research, Inc. The market is projected to witness a CAGR of 4.1% over the forecast period. Continually evolving technology-oriented changes in the diagnostics field and growing need to ensure patient safety necessitate the implementation of quality assurance programs in various medical disciplines including radiology and Point-of-Care (PoC) devices. Patients rely on self-testing IVD devices for long-term disease management and hence it is important for such devices to be checked, in terms of result reproducibility and validity, to guarantee patient safety.

Rising number of certified clinical laboratories offering dependable IVD-based diagnostic services directly correlates with increased patient confidence, thus driving the market. In addition to quality assessments, amendments to the regulatory framework are made intermittently to enhance the existing standards with the main objective of safeguarding qualitative superiority of the diagnostic services. In May 2016, the European Union passed an agreement to update the pre-existing regulations pertaining to IVD devices, wherein the updates were in concern with raising the patient safety levels, particularly for disabled persons. The presence of third-party agencies for independent assessment of the IVD devices is expected to elevate the current safety standards, which will drive the In Vitro Diagnostics (IVD) Quality Control market further.

U.S. In Vitro Diagnostics (IVD) quality control market size, by application, 2014 - 2026 (USD Million)


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Further key findings from the study suggest:

  • In 2018, the clinical chemistry was the second-largest application segment of the global IVD market, in terms of market share
  • Demand for preventive medicine and rapid transformation of clinical laboratories into highly automated and efficient businesses are some of the factors for the segment’s growth
  • Molecular diagnostics is projected to be the fastest-growing segment due to increasing technical complexity of molecular diagnostic testing and need for quality evaluation to ensure standards
  • These tests are of prime importance as the outcomes enable healthcare practitioners make critical treatment decisions
  • Hospitals was the largest segment in 2018 due to the presence of advanced technology-based devices like Next Generation Sequencing (NGS) and microarrays, and rising applications of the optimized quality-control procedures
  • North America was the dominant regional market in 2018 due to the presence of over 150,000 registered diagnostics labs and is likely to maintain the dominance throughout the forecast years
  • Siemens Healthcare GmbH; Roche Diagnostics; Alere, Inc.; Abbott Laboratories, Inc.; Qiagen N.V.; Bio-Rad Laboratories, Inc.; Quidel Corp.; Becton, Dickinson and Company; bioMerieux, Inc.; Sysmex Corp.; Sero AS; and Thermo Fisher Scientific, Inc. are some of the key companies in the global market

Global In Vitro Diagnostics (IVD) quality control market share, by end use, 2018 (%)


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Grand View Research has segmented the global IVD quality control market on the basis of application, type, end use, and region:

IVD Quality Control Application Outlook (Revenue, USD Million, 2014 – 2026)

  • Immunochemistry
  • Hematology
  • Clinical Chemistry
  • Molecular Diagnostics
  • Coagulation
  • Microbiology
  • Others

IVD Quality Control Type Outlook (Revenue, USD Million, 2014 – 2026)

  • Quality Control
    • Quality Controls, by Type
      • Plasma-based Control
      • Serum-based Control
      • Whole Blood-based Control
      • Others
      • Quality Controls, by Application
        • Immunochemistry
        • Hematology
        • Clinical Chemistry
        • Molecular Diagnostics
        • Coagulation
        • Microbiology
        • Others
  • Quality Assurance Services
    • Immunochemistry
    • Hematology
    • Clinical Chemistry
    • Molecular Diagnostics
    • Coagulation
    • Microbiology
    • Others
  • Data Management
    • Clinical Chemistry
    • Immunochemistry
    • Hematology
    • Molecular Diagnostics
    • Coagulation
    • Microbiology
    • Others

IVD Quality Control End Use Outlook (Revenue, USD Million, 2014 – 2026)

  • Hospitals
  • Laboratories
  • Home-care
  • Others

IVD Quality Control Regional Outlook (Revenue, USD Million, 2014 – 2026)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Singapore
    • Australia
  • Latin America
    • Brazil
    • Argentina
  • Middle East & Africa
    • South Africa
    • UAE
    • Saudi Arabia

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Clinical Microbiology Market: The global clinical microbiology market size was valued at USD 9.1 billion in 2016 and is expected to develop at a healthy CAGR over the forecast period.

Molecular Diagnostics Market: Advancements in molecular diagnostics have enabled detection of various diseases that could possibly reduce social and economic burden in a country.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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