Rising prevalence of chronic diseases, such as cancer and diabetes, and growing adoption of advanced diagnostic techniques are predicted to fuel market growth.
Rising prevalence of chronic diseases, such as cancer and diabetes, and growing adoption of advanced diagnostic techniques are predicted to fuel market growth
The global in vitro diagnostics quality control market size is expected to reach USD 1,306.5 million by 2028 at a CAGR of 4.1%, according to the latest report by Reports and Data. Rising prevalence of chronic and cardiovascular diseases (CVDs), growing burden of infectious diseases, and rising demand for advanced and rapid diagnostic systems are key factors expected to increase global market growth in the upcoming years. Rising demand for third-party IVD quality controls, increasing number of accredited clinical laboratories, technological advances in IVD techniques, and favorable regulatory policies for in vitro diagnostics quality control are expected to further drive market growth over the forecast years. In addition, rapidly increasing demand for at-home IVD products such as blood glucose monitoring kits and growing focus of manufacturers on providing efficient quality control support are other vital factors supporting the growth of this market.
In vitro diagnostics quality control products assess the performance of IVD tests for various Healthcare-associated Infections (HAIs) such as urinary tract infections and other conditions. These products ensure safety and efficacy of IVD systems and enhance laboratory performance. Human Papillomavirus (HPV) control panel and Blood Culture Identification Panel (BCID) control panel are among the commonly used IVD control and validation panels. Furthermore, leading regulatory bodies monitoring the quality of IVD devices include the U.S. Food & Drug Administration (FDA), European Medicines Agency (EMEA), Medicines and Healthcare Products Regulatory Agency (MHRA), and Central Drug Standard Control Organization (CDSCO).
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Key Highlights of the Report:
- Based on application, the global in vitro diagnostics quality control market is segmented into immunochemistry, clinical chemistry, molecular diagnostics, hematology, coagulation & hemostasis, microbiology, and others. Of these segments, the immunochemistry segment is expected to reach largest market share over the forecast years. The segment is expected to flourish over the next few years due to rising demand for immunochemistry techniques in in vitro diagnostics quality control, increased focus on advanced detection of antigens and antibodies, rising prevalence of infectious diseases, and growing demand for cutting-edge diagnostic methods.
- The in vitro diagnostics quality control market in North America leads the global industry in terms of revenue. The regional market is expected to maintain its dominance throughout the forecast period owing to rising prevalence of infectious diseases, such as urinary tract infections, rise in patient pool, increased awareness about early disease diagnosis, and increasing number of accredited clinical laboratories. The North America market growth is further bolstered by presence of advanced healthcare infrastructure in the region.
- Thermo Fisher Scientific Inc., Abbott Laboratories Inc., Bio-Rad Laboratories Inc., Danaher Corporation, Roche Diagnostics, Siemens Healthineers, Technopath Clinical Diagnostics, Fortress Diagnostics, Randox Laboratories Ltd., Bio-Techne Corporation, Ortho-Clinical Diagnostics, Inc., SeraCare Life Sciences Inc., Sysmex Corporation, and Helena Laboratories are the most prominent companies involved in the global in vitro diagnostics quality control market.
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For the purpose of this report, the global in vitro diagnostics quality control market has been segmented based on the product & service type, manufacturer, application, end-user, and region:
By Product & Service Type (Revenue, USD Million; 2018-2028)
- 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
By Manufacturer (Revenue, USD Million; 2018-2028)
- Third-Party Control Manufacturers
- Original Equipment Manufacturers (OEMs)
- Instrument-Specific Controls
- Independent Controls
By Application (Revenue, USD Million; 2018-2028)
- Immunochemistry/Immunoassay
- Coagulation & Hemostasis
- Molecular Diagnostics
- Clinical Chemistry
- Microbiology
- Hematology
- Others
By End-user (Revenue, USD Million; 2018-2028)
- Hospitals
- Home Care
- Clinical Laboratories
- Academic & Research Institutes
- Contract Research Organizations (CROs)
- IVD Manufacturers
- Others
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By Region (Revenue, USD Million; 2018-2028)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of the Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- UAE
- Rest of the Middle East & Africa
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Some points on how the report benefits stakeholders:
- The reports include historical (2019–2020) and forecast (2021–2030) data points, revenues, and CAGR in table, figure, and chart formats, with detailed and qualitative, supporting written information for each.
- Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2019 and 2030.
- The report contains insights regarding growth drivers, restraints, opportunities, trends, company profiles, strategic developments, expansion details, product launches, and various other aspects related to the market.
- The report contains data and information on customers, competitors, vendors/distributors, and other players and in the global marketplace.
- Market research analysis is vital for all crucial business strategies and can aid in numerous ways and to provide a clearer understanding about strategies being deployed by competitors, product launches, competitive analysis, technological advancements and various other factors that enhance sales of a firm or perhaps provide insights to focus on merger and acquisition as a strategy or enter into strategic agreements or joint ventures etc.
- The report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, geographical reach, market footprint, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.
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