+10% CAGR Will be Achived by Molecular Quality Controls Industry by 2025 – Seracare Life Sciences Inc., Thermo Fisher Scientific, Bio-Rad Laboratories, Microbiologics Inc., Zeptometrix, Roche Diagnostics, Abbott Laboratories, Quidel, Qnostics

Global molecular quality controls market is valued approximately USD 119.8 million in 2017 and is anticipated to grow with a healthy growth rate of more than 10.2 % over the forecast period 2018-2025. Rising demand for external quality assessment and the growing number of accredited clinical laboratories are some trends triggering the growth of the Molecular Quality Controls market over the forecast period. Global molecular quality control market is significantly driven by government investments to promote clinical research. The U.S. Food and Drug Administration announced that it has awarded 15 new clinical trial research grants totaling more than $22 million over the next four years to boost the development of products for patients with rare diseases. These new grants were awarded to principal investigators from academia and industry across the country. As a result, the demand for molecular quality controls products would increase as these products are widely used to authenticate the accurate treatments of target disease owing to the rising awareness about health concerns, promoting the growth of the market across the globe over the forecast period. Furthermore, the growing demand for multi-analyte controls offers lucrative growth prospects for the molecular quality controls market. However, the high cost associated with the quality control is expected to hinder the growth of the market during the forecast period.

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Major Market Players
Seracare Life Sciences Inc.
Thermo Fisher Scientific
Bio-Rad Laboratories
Microbiologics Inc.
Zeptometrix
Roche Diagnostics
Abbott Laboratories
Quidel
Qnostics
Maine Molecular Quality Controls Inc.

Market Segmentation:
By Product
Independent Controls
Instrument-Specific Controls
o PCR
o DNA Sequencing & NGS
o Other Technologies

By Analyte Type:
Single-Analyte Controls
Multi-Analyte Controls

By Application:
Infectious Diseases
Oncology
Genetic Testing
Other Applications

By End -user:
Clinical Laboratories
Hospitals
IVD Manufacturers and Contract Research Organizations
Academic & Research Institutes
Other End Users

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Market Segmentation:
On the basis of segmentation, the molecular quality controls market is segmented into product, analyte type, application, and end-user. The product segment of the global molecular quality controls market is classified into independent controls and instrument-specific controls. On the basis of application segment, the market is diversified into infectious diseases, oncology, genetic testing and other applications of which oncology segment is expected to emerge as the fastest growing segment owing to the increasing research on cancer biomarkers, rising prevalence of cancer and growing focus on personalized medicine. The analyte segment includes single-analyte controls and multi-analyte controls of which multi-analyte controls is expected to emerge as the fastest growing segment due to increasing preference for multi-analyte controls for clinical as well as research applications due to the benefits associated with its use, such as time savings, cost-effectiveness and the availability of a wide range of formats that enhance flexibility for users. On the basis of end-user segment, the molecular quality controls market is diversified into clinical laboratories, hospitals, IVD manufacturers and contract research organizations, academic & research institutes and other end users.

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Table of Contents:
Chapter 1 Molecular Quality Controls Market Overview
Chapter 2 Global Economic Impact on Molecular Quality Controls Industry
Chapter 3 Global Molecular Quality Controls Market Competition by Manufacturers
Chapter 4 Global Molecular Quality Controls Production, Revenue (Value) by Region (2014-2018)
Chapter 5 Global Molecular Quality Controls Supply (Production), Consumption, Export, Import by Regions (2014-2018)
Chapter 6 Global Molecular Quality Controls Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Molecular Quality Controls Market Analysis by Application
Chapter 8 Global Molecular Quality Controls Manufacturers Analysis
Chapter 9 Molecular Quality Controls Manufacturing Cost Analysis
Chapter 10 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 11 Marketing Strategy Analysis, Distributors/Traders
Chapter 12 Market Effect Factors Analysis
Chapter 13 Global Molecular Quality Controls Market Forecast (2018-2024)
Chapter 14 Appendix

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This release was published on openPR.