The latest market analysis report published by Reports and Data, titled ‘Global In-Vitro Diagnostics (IVD) Quality Control Market – Forecast to 2028,’ thoroughly examines the In-Vitro Diagnostics (IVD) Quality Control industry to provide essential data & information for the targeted readers.
The latest market analysis report published by Reports and Data, titled ‘Global In-Vitro Diagnostics (IVD) Quality Control Market – Forecast to 2028,’ thoroughly examines the In-Vitro Diagnostics (IVD) Quality Control industry to provide essential data & information for the targeted readers. The report consists of quantitative and qualitative research on the market performed by our market experts. The In-Vitro Diagnostics (IVD) Quality Control industry report emphasizes the current and upcoming market revenue growth opportunities and trends. Moreover, the report offers key information on the industry statistics, as well as a wide range of dynamic factors including drivers, restraints, risks, challenges, threats, supply & demand ratios, production & manufacturing capacities, sales & distribution networks, cost & demand volatility, import/export ratios, profit margins, and macro-economic and micro-economic factors. The report is inclusive of product type outlook, application spectrum, end-use outlook, technology landscape, regional market analysis, and competitive overview. Our market experts have determined the current financial positions of the leading industry players in the report leveraging advanced analytical tools such as Porter’s Five Forces Analysis, SWOT analysis, and investment assessment.
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In vitro diagnostics quality control refers to assessment of the overall performance of IVD tests for detection of Healthcare-associated Infections (HAIs), such as pneumonia, urinary tract infections, and numerous other medical conditions. These products are widely used to identify defects and maintain the quality of IVD tests. Blood Culture (BCID) control panel and Human Papillomavirus (HPV) control panel are among the most commonly used control and validation panels for in vitro diagnostics. These quality controls validate the safety and efficiency of IVD testing systems and enhance laboratory performance across clinical and research laboratories and blood diagnostic centers. Besides maintaining the accuracy of test findings, IVD quality controls also assess several external factors such as operator’s technical knowhow or unfavorable environmental conditions. These systems conform to ISO 9001 quality standards and regulations and are monitored through government inspections, independent audits, and post-market surveillance. The U.S. Food & Drug Administration (FDA), Medicines and Healthcare Products Regulatory Agency (MHRA), Central Drug Standard Control Organization (CDSCO), Ministry of Health, Labor & Welfare (MHLW), and European Medicines Agency (EMEA) are globally recognized regulatory bodies to monitor the quality and efficacy of IVD devices.
Market Overview:
The global In-Vitro Diagnostics (IVD) Quality Control market has significantly grown over the recent past and is expected to register rapid growth over the forecast period of 2021 to 2028. The pharma and healthcare sector is rapidly evolving with innovations in technology, increasing healthcare spending and improving healthcare facilities and systems. Many hospitals, ambulatory surgical care centers and clinics across the globe are adopting advanced devices and equipment. Revenue growth of the global In-Vitro Diagnostics (IVD) Quality Control market is significantly driven by factors such as increasing prevalence of chronic diseases, rapid advancements in healthcare and medical sector, high adoption of latest tools and techniques and growing funds by several public and private sectors. In addition, rising focus on drug development, increasing demand for precision medicine, high adoption of home care settings and point-of-care diagnostics, increasing investments in research and development activities are expected to drive global market revenue growth during the forecast period.
The ongoing pandemic is significantly changing the dynamics of the pharma and healthcare sector. Various countries are facing challenges such as shortage of medicines, vaccines, healthcare devices in hospitals. This is expected to open lucrative growth opportunities for market players in the coming years.
Competitive Landscape:
The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as R&D investments, license agreements, partnerships, merger and acquisitions, collaborations, and joint ventures to gain robust footing in the market.
Top Companies Profiled in the Report:
Abbott Laboratories Inc., Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Siemens Healthineers, Randox Laboratories Ltd., Technopath Clinical Diagnostics, Fortress Diagnostics, Roche Diagnostics, Bio-Techne Corporation, Danaher Corporation, SeraCare Life Sciences Inc., Ortho-Clinical Diagnostics, Inc., Sysmex Corporation, and Helena Laboratories.
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In-Vitro Diagnostics (IVD) Quality Control Market Segmentation:
By Product & Service Type:
- Quality Control Products
- Whole Blood-based Controls
- Serum/Plasma-based Controls
- Urine-based Controls
- Data Management Solutions
- Quality Assurance Services
- Source-based IVD Quality Controls
Application Outlook:
- Immunochemistry/Immunoassay
- Coagulation & Hemostasis
- Molecular Diagnostics
- Clinical Chemistry
- Microbiology
- Hematology
- Others
Regional Outlook:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East & Africa)
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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
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