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In-Vitro Diagnostics (IVD) Quality Control Market Will Reflect Significant Growth Prospects of USD 1229.3 Million during 2020-2026 | Agilent Diagnostics, Abbott Diagnostics, Becton, etc.

03-20-2020 12:40 PM CET | Health & Medicine

Press release from: Reports And Data

In-Vitro Diagnostics (IVD) Quality Control Market To Reach USD 1229.3 Million By 2026

In-Vitro Diagnostics (IVD) Quality Control Market To Reach USD 1229.3 Million By 2026

According to the current analysis of Reports and Data, the global In-Vitro Diagnostics (IVD) Quality Control Market was valued at USD 881.8 Million in 2018 and is expected to reach USD 1229.3 Million by year 2026, at a CAGR of 4.3%.

Some of the key players are Agilent Diagnostics, Abbott Diagnostics, Becton, Dickson and Company, Bio-Rad Laboratories, Inc., and ThermoFisher Scientific

Get a Free Sample PDF Report to understand our report before you purchase @ https://www.reportsanddata.com/sample-enquiry-form/1508

IVD quality controls are tests used to authenticate the consistency of IVD testing system to confirm precision of test findings and assess the influence of factors such as environmental conditions and operator's performance on test results. Key recent developments: in June 2019, Illumina, Inc. announced the launch of VeriSeq NIPT Solution v2, a CE-IVD; next-generation sequencing (NGS)-based approach to noninvasive prenatal testing (NIPT), delivers the most comprehensive view of the fetal genome compared to other CE-IVD NIPT products.

Factors including increasing prevalence of chronic diseases, launch of new clinical laboratories, stringent mandates, as well as rising need of early diagnostics by patients drive the growth of In-Vitro Diagnostics (IVD) Quality Control market. Increasing incidence of public-private laboratories which are undergoing laboratory accreditation procedure even boosts up the growth of this particular market. For instance: In August 2018, Abbott Laboratories introduced Alinity, its state-of-the-art, harmonized family of systems for clinical diagnostics, to the US market indicating high demand for the systems' advanced capabilities and potential to provide savings and increased efficiencies for labs, clinicians, and hospitals.

Further key findings from the report suggest:
o The American Clinical Laboratory Association (ACLA) states that more than 7.5 billion lab tests are performed in U.S. annually and 80% of clinical decisions are taken after lab testing

o In-Vitro Diagnostics (IVD) Quality Control Market is fastest growing at a CAGR of 3% in Asia Pacific owing to rising incidence of IVD tests in developing countries such as India and China due to upsurge in number of clinical laboratories, global awareness among patients

o FDA is encouraging convergence of regulatory systems for medical devices, which is anticipated to boost trade, while protecting public health through regulatory means

o Data Management Solutions segment is accounted to be the second-leading segment which is valued at USD 155.6 million because it gives access to LIS and easy for managing test results of patients and even popular due to dependable laboratory outcomes

o Europe is the second largest region with a CAGR of 4.0% due to acceptance of point of care diagnostics across Europe especially in regions in UK, Denmark, Poland and Slovenia

o Home Care segment is the fastest growing at a CAGR of 5.3% because they are providing PoC instruments which give ease of convenience for the patient who requires everyday testing and further reduces hospital visits

o Immunochemistry segment has dominated the market in 2018 with a market share over 30% and is expected to continue the same during the forecasted period due to the demand for high sensitivity test and even rise in communicable and chronic diseases...Continued

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For the purpose of the study, this Reports and Data has segmented the Global In-Vitro Diagnostics (IVD) Quality Control Market on the basis of product type, manufacturer type, design, application, end user and the regional outlook:

Product Type (Revenue, USD Million; 2016-2026)
o Quality Controls
o Whole Blood-based Controls
o Serum-based Controls
o Plasma-based Controls
o Urine-based Controls
o Other IVD Quality Controls
o Data Management Solutions
o Quality Assurance Services

Manufacturer Type (Revenue, USD Million; 2016-2026)
o Instrument Manufacturer Controls
o Independent Manufacturer Controls
o Third-party Controls
o Instrument Specific Manufacturer Controls

Application (Revenue, USD Million; 2016-2026)
o Clinical Chemistry
o Immunochemistry
o Haematology
o Molecular Diagnostics
o Coagulation/Haemostasis
o Microbiology
o Others

End User (Revenue, USD Million; 2016-2026)
o Hospitals
o Clinical Laboratories
o Home Care
o Others

Regional Outlook: (Revenue, USD Million; 2016-2026)
o North America (United States, Canada and Mexico)
o Europe (Germany, France, UK, Russia and Italy)
o Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
o South America (Brazil, Argentina, Colombia)

Read the Comprehensive Report with a meticulous TOC and panoramic coverage of the market @ https://www.reportsanddata.com/report-detail/in-vitro-diagnostics-ivd-quality-control-market

In conclusion, the In-Vitro Diagnostics (IVD) Quality Control Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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