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IVD Quality Control Market Trends

  • Report ID: GMI9695
  • Published Date: Oct 2024
  • Report Format: PDF

IVD Quality Control Market Trends

  • Advancements in diagnostic technologies are a significant driver of the market.
     
  • For instance, PCR technology is widely used for infectious disease testing, cancer diagnostics, and genetic testing. As the sensitivity and complexity of these tests increase, quality control becomes essential to ensure accuracy, particularly when detecting low-abundance genetic material or pathogens.
     
  • Molecular diagnostic technologies such as PCR (polymerase chain reaction) and next-generation sequencing (NGS) have revolutionized disease detection and genetic testing by enabling the identification of specific genetic mutations, pathogens, and biomarkers at the molecular level.
     
  • Additionally, advancements in immunoassays, such as multiplex assays, allow for the simultaneous detection of multiple biomarkers from a single sample. This complexity requires higher levels of quality control to ensure the assays perform correctly across all analytes. Advanced immunoassay systems, in particular, demand a wide range of control materials, including multianalyte controls, to verify the accuracy of all detectable markers.
     
  • As immunoassays become more complex, quality control products must be capable of validating the performance of assays across various biomarkers and concentrations, further driving the market growth for IVD quality controls.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global IVD quality control industry was valued at USD 1.3 billion in 2023 and is set to grow at a 4.2% CAGR from 2024 to 2032, driven by the increasing demand for accurate diagnostic testing.

The quality control segment dominated the market in 2023, accounting for USD 859.6 million, due to its critical role in ensuring the reliability and accuracy of diagnostic tests.

North Americas IVD quality control industry recorded USD 493.2 million in 2023 and is anticipated to reach USD 697.6 million by 2032, largely due to the expanding elderly population with higher diagnostic testing needs.

Key players in the sector include Abbott, Agilent Technologies, Becton, Dickinson and Company, Bio-Rad Laboratories, Bio-Techne Corporation, Danaher Corporation, F. Hoffmann-La Roche, Helena Laboratories Corporation, Hologic, and Merck.

IVD Quality Control Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 353
  • Countries covered: 19
  • Pages: 160
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