IVD Quality Control Market Size

IVD Quality Control Market Size

The global IVD quality control market size was valued at USD 1.3 billion in 2023 and is set to register growth at 4.2% CAGR from 2024 to 2032. The growth of this market is primarily driven by the increasing demand for accurate diagnostic testing, advancements in diagnostic technologies, rising demand for point-of-care testing, and stringent regulatory requirements.

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Another significant growth factor is the rise in healthcare expenditure and improved access to advanced diagnostic tools in emerging markets. As the healthcare industry evolves, the need for precise and reliable diagnostics to guide medical decisions is increasing. This demand directly impacts the need for robust quality control systems to ensure the accuracy and reliability of diagnostic tests. Furthermore, the global prevalence of chronic and infectious diseases has surged, driving the need for continuous and accurate diagnostics. According to the International Diabetes Federation, nearly 537 million adults were diabetic in 2021, highlighting the high disease burden that requires precise diagnostic tools and reliable IVD quality control products.

IVD quality control refers to the procedures and measures used to verify the accuracy, precision, and consistency of tests conducted in a controlled laboratory environment (in vitro). These tests are typically performed on biological samples such as blood, urine, or tissue. IVD quality control is crucial for ensuring that diagnostic devices and assays used in clinical laboratories yield reliable results, which are essential for proper diagnosis, treatment, and patient care.