Overview and Scope
In-vitro diagnostics (IVD) quality control is a set of processes that ensure accuracy, performance, and environmental conditions impact in vitro diagnostic tests including in vitro nucleic acid testing processes for pathogen detection, healthcare-associated infections (HAIs) such as pneumonia, urinary tract infections, and other conditions.
Sizing and Forecast
The in vitro diagnostics (ivd) quality control market size has grown strongly in recent years. It will grow from $1.33 billion in 2023 to $1.42 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to regulatory compliance, increasing prevalence of diseases, growing aging population, expansion of diagnostic laboratories, increased awareness and demand for precision medicine.
The in vitro diagnostics (ivd) quality control market size is expected to see strong growth in the next few years. It will grow to $1.91 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to personalized medicine advancements, point-of-care testing expansion, digital health integration, adoption of next-generation sequencing (ngs, global health security concerns, integration with electronic health records (ehr): . Major trends in the forecast period include multi-analyte quality control materials, ai and machine learning applications, on-demand quality control solutions, continuous monitoring and real-time feedback, portable and easy-to-use quality control devices.
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Segmentation & Regional Insights
The in vitro diagnostics (ivd) quality control market covered in this report is segmented –
1) By Product type: Quality Control Products, Data Management Solutions, Quality Assurance Services
2) By Manufacturer Type: IVD Instrument Manufacturers, Third Party Quality Control Manufacturers
3) By Application: Clinical Chemistry, Hematology, Immunoassay, Molecular Diagnostics, Microbiology, Coagulation Or Hemostasis, Other Applications
4) By End-Users: Hospitals, Clinical Laboratories, Research And Academic Institutes, Other End Users
North America was the largest region in the in vitro diagnostics (IVD) quality control market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the in vitro diagnostics (ivd) quality control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rise in the prevalence of infectious diseases such as HIV and cancer is significantly contributing to the growth of the in vitro diagnostics quality control market. Infectious diseases are common and caused by the transmission of pathogens such as viruses, bacteria, fungi, or parasites. The rise in infectious diseases, including HIV and cancer cases, necessitates novel diagnostic testing goods and services for effective treatment, which is driving up demand for in vitro diagnostics quality control that ensures the accuracy, performance, and quality of test equipment and findings. For instance, according to the Office for National Statistics, a UK-based recognized national statistics institute, in England at the end of the week ending December 9, 2022, the infection rate climbed for people aged 35 to 69 years and increased for those in school years 12 to 24 years. Therefore, the rise in the prevalence of infectious diseases such as HIV and cancer is expected to drive the growth of the in-vitro diagnostics quality control market over the forecast years.
Key Industry Players
Major companies operating in the in vitro diagnostics (ivd) quality control market report are Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., LGC Limited., Abbott Laboratories, Roche Diagnostics AG, Siemens AG, Ortho Clinical Diagnostics Inc., Helena Laboratories Corporation, Quidel Corporation, Microbiologics Inc., Sun Diagnostics LLC, SeraCare Life Sciences Inc., Fortress Diagnostics Ltd., Seegene Inc., Bio-Techne Corp., Randox Laboratories, Danaher Corporation, Sysmex Corporation, Beckman Coulter Inc., Grifols India Healthcare Private Limited., Hologic Inc., Qiagen NV, Becton Dickinson and Company, Luminex Corporation, BioMerieux SA, Meridian Bioscience Inc., Sekisui Diagnostics LLC, ZeptoMetrix Corporation, Maine Molecular Quality Controls Inc., Maine Standards Company LLC
The in vitro diagnostics (ivd) quality control market report table of contents includes:
1. Executive Summary
2. In Vitro Diagnostics (IVD) Quality Control Market Characteristics
3. In Vitro Diagnostics (IVD) Quality Control Market Trends And Strategies
4. In Vitro Diagnostics (IVD) Quality Control Market – Macro Economic Scenario
5. Global In Vitro Diagnostics (IVD) Quality Control Market Size and Growth
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31. Global In Vitro Diagnostics (IVD) Quality Control Market Competitive Benchmarking
32. Global In Vitro Diagnostics (IVD) Quality Control Market Competitive Dashboard
33. Key Mergers And Acquisitions In The In Vitro Diagnostics (IVD) Quality Control Market
34. In Vitro Diagnostics (IVD) Quality Control Market Future Outlook and Potential Analysis
35. Appendix
Top Major Players:
Bio-Rad Laboratories Inc
LGC Limited.
Abbott Laboratories
Roche Diagnostics AG
Siemens AG
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