In Vitro Diagnostics (IVD) Quality Controls: Global Market

Report Code: BIO233B

Publish Date: Jul 2024

Publisher: BCC Publishing

Category: Cell Biology

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Report Highlights

The global market for in vitro diagnostics quality controls is expected to grow from $1.5 billion in 2024 and is projected to reach $2.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.8% during the forecast period of 2024 to 2029.

Report Inludes

  • 40 data tables and 40 additional tables
  • An overview of the global market for in vitro diagnostics (IVD) quality controls
  • Analysis of global market trends, featuring revenue data for 2021-2023, estimated figures for 2024, and projected CAGRs through 2029
  • Evaluation of the current market’s size and revenue growth prospects, along with a market share analysis by test type, manufacturer, product/services, end user and region
  • Discussion of market drivers and restraints and other dynamics
  • Assessment of the regulatory landscape, including product recalls
  • Analysis of the key companies’ market shares, recent M&A activity, acquisitions, joint ventures, partnerships, and patents
  • Company profiles,including Abbott, bioMérieux, F. Hoffmann-La Roche Ltd., Siemens Healthineers, and Thermo Fisher Scientific Inc.

Report Scope

This report provides details about the market for in vitro diagnostics quality controls used in checking the in vitro diagnostic devices present in labs, clinics and hospitals. This report will also highlight the current and future market potentiality of in vitro diagnostics quality controls, with a detailed analysis of the competitive environment between companies. Drivers, restraints, opportunities, prevalence or incidence of chronic diseases, and a regulatory scenario assessment will be covered in the current report. The report includes market projections for 2029 and market shares for key players.

Based on test type, the market is segmented into immunodiagnostics, clinical chemistry, hematology and hemostasis, molecular diagnostics, microbiology, and others. Based on products and services, the market is categorized into quality control products, data management solutions and quality assurance services. Based on type of manufacturer, the market is segmented into third-party controls and OEM controls. Based on end users, the market is segmented into hospitals, diagnostic laboratories and academic institutions.

By geographical region, the market has been segmented into North America, Europe, Asia-Pacific, and Rest of the World. Detailed analyses of major countries such as the U.S., Germany, the U.K., Italy, France, Spain, Japan, China, India, Brazil, Mexico, and GCC countries are covered within the regional segments. For market estimates, data will be provided for 2023 as the base year, with estimates for 2024 and forecast value for 2029.

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $1.4 billion
Market size forecast $2.1 billion
Growth rate CAGR of 7.8% for the forecast period of 2024-2029
Units considered $ Millions
Segments covered Test Type, Type of Manufacturer, Products and Services, End User, and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Countries covered China, India, Japan, Australia and New Zealand, U.S., Canada, Mexico, Germany, U.K., Italy, Spain, Brazil, and France
Key Market Drivers
  • Rise in the Aging Population and Dependency on Frequent Diagnosis Procedures.
  • Rising Demand for Third-Party Quality Control Products.
  • Rising Incidence of Chronic Disease Cases.
  • Strengthening Clinical Laboratories.
  • Improving the Quality of Point-of-Care Testing.
Companies studied
BIOMERIEUXDANAHER CORP.
ABBOTT BD
BIO-RAD LABORATORIES INC.MICROBIOLOGICS
BIO-TECHNEF. HOFFMANN-LA ROCHE LTD.
QUIDELORTHO CORP.SIEMENS HEALTHINEERS AG
SYSMEX CORP.THERMO FISHER SCIENTIFIC INC.
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Frequently Asked Questions (FAQs)

The market is projected to grow from $1.4 billion in 2023 to $2.1 billion in 2029, at a compound annual growth rate (CAGR) of 7.8% during the forecast period.
The In Vitro Diagnostics (IVD) Quality Controls Global Market is segmented based on:
  • Test Type
  • Product and Service
  • Types of Manufacturers
  • End-users.
By test type, hematology segment is anticipated to dominate the market by the end of 2029.
Hematology and microbiology is the fastest growing market

Analyst Credentials

Partha Sarathi Das– Associate Consultant-Life Science Research
Partha Sarathi has an experience of nearly a decade in multiple domains, including healthcare, life science, biotechnology, pharmaceuticals, and healthcare IT. His expertise is in designing research studies, gathering data, and performing analysis, ultimately providing clients with actionable insights and recommendations based on their unique business needs. Designs proposal and participates in client queries for quick delivery based on their unique business needs. Academically, Parthasarathi holds a master’s degree in Biotechnology and a bachelor’s degree in Industrial Biotechnology.

Consulting Editor’s Credentials

Dr. Marianna Tcherpakov has more than 10 years of experience as a bench scientist specializing in the areas of biochemistry, cell biology, assay development, antibody and drug manufacturing. She has authored several scientific publications in peer review journals. In the last 10 years, Marianna worked as a business development professional in CRO/CDMO industry. She is familiar with pharmaceutical and biotech landscape, trends and potential future developments in industry.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: In Vitro Diagnostics (IVD) Quality Controls: Global Market124Free
Chapter- 1: Executive Summary4Free
Chapter- 2: Market and Technology Background 5Free
Chapter- 3: Market Dynamics 8Free
Chapter- 4: Emerging Technologies and Developments 3Free
Chapter- 5: Market Segmentation Analysis48Free
Chapter- 6: Competitive Intelligence6Free
Chapter- 7: Sustainability 5Free
Chapter- 8: Appendix45Free
Published - Jul-2022| Analyst - BCC Publishing| Code - BIO233A

Report Highlights

The global in vitro diagnostic (IVD) quality controls market should reach $1.6 billion by 2027 from $1.2 billion in 2022 at a compound annual growth rate (CAGR) of 5.5% for the forecast period of 2022 to 2027.

Report Includes

  • 26 data tables and 24 additional tables
  • An overview of the global market for in vitro diagnostics (IVD) quality controls market
  • Estimation of the market size and analyses of global market trends, with data from 2021, estimates for 2022 with projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the market potential for in vitro diagnostics (IVD) quality controls market, based on test type, manufacturer, products and services, end user, and region
  • Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast
  • Coverage of regulatory landscape, product recalls, pipeline products, and discussion on future perspective, strategies, and developments of the industry
  • Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies and a relevant patent analysis
  • Company profiles of major players, including Abbott Laboratories, Bio-Rad Laboratories Inc., LGC Ltd., Siemens Healthineers AG, and ThermoFisher Scientific Inc.

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In Vitro Diagnostics (IVD) Quality Controls: Global Market
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