Pune, Maharashtra -- (SBWire) -- 10/11/2018 --Global In Vitro Diagnostics (IVD) Quality Control Market Analysis

According to Verified Market Intelligence, the global in vitro diagnostics (ivd) quality control market was valued at USD 840.1 million in 2017 and is projected to reach USD 1,077.6 million by 2025, growing at a CAGR of 3.2% from 2018 to 2025.

What is In Vitro Diagnostics (IVD) Quality Control?

In vitro studies can be described as set of experiments performed to detect the presence of microorganisms which can cause pathogenesis in the host. In vitro diagnostics (IVD) quality control is of prime concern to the clinicians as well as customers so as to have a check on the quality of the diagnostic tests performed. In Vitro Diagnostics (IVD) Quality Control is essential to validate the reliability of IVD testing system. It helps in ensuring accuracy of test results and in evaluating the impact of factors such as environmental conditions and operator's performance on test results. Increasing rate of diseases such as diabetes, cardiovascular diseases, and infectious diseases, diagnostic laboratories have contributed in the growth of In Vitro Diagnostics (IVD) Quality Control market.

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Global In Vitro Diagnostics (IVD) Quality Control Market Outlook

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

It has been observed that customers are highly inclined in getting themselves checked every year due to growing number of diseases. This gives rise to establishment of more number of diagnostics laboratories worldwide along with third party quality control products. These characteristics of the global In Vitro Diagnostics (IVD) quality control market has been driving the market. Apart from this, high costs of quality control products might hamper the growth of overall market at a global status.

Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The "Global In Vitro Diagnostics (IVD) Quality Control Market" is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.

Global In Vitro Diagnostics (IVD) Quality Control Market Competitive Landscape

The "Global In Vitro Diagnostics (IVD) Quality Control Market" study report will provide a valuable insight with an emphasis on global market including some of the major players such as Bio-Rad Laboratories, Inc., Abbott Laboratories Inc., Thermo Fisher Scientific Inc., Helena Laboratories, Ortho Clinical Diagnostics, SERO AS, Siemens Healthineers, Sun Diagnostics and Roche Diagnostics. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.

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Global In Vitro Diagnostics (IVD) Quality Control Market Segmentation, by Product
On the basis of product, Global In Vitro Diagnostics (IVD) Quality Control market is segmented into:
- Serum/Plasma-based Products
- Whole Blood Based Products
- Urine Based Products
- Other Products

Among the above mentioned, the whole blood based products dominated the market in 2017 and is projected to lead the market over the forecast period.

Global In Vitro Diagnostics (IVD) Quality Control Market Segmentation, by Application
On the basis of application, Global In Vitro Diagnostics (IVD) Quality Control Market is classified into:
- Immunochemistry
- Clinical Chemistry
- Hematology
- Molecular Diagnostics
- Coagulation/Hemastosis
- Microbiology
- Others

Applications of In Vitro Diagnostics (IVD) Quality Control in the Immuno chemistry segment dominated the market in 2017. This trend is expected to continue this dominance over the forecast period.

Global In Vitro Diagnostics (IVD) Quality Control Market Segmentation, by End User
On the basis of end user, Global In Vitro Diagnostics (IVD) Quality Control Market is categorized into:
- Hospitals
- Clinical laboratories
- Research and Academic Institutes
- Others

Hospitals held the largest market share in this segment in 2017. They are also expected to grow at the highest CAGR over the forecast period.

Global In Vitro Diagnostics (IVD) Quality Control Market Geographic Scope
- North America
o U.S.
o Canada
o Mexico
- Europe
o Germany
o UK
o France
o Rest of Europe
- Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
- Latin America
o Brazil
- Rest of the World

In term of geography, Asia Pacific is projected to be the fastest growing region in the global market over the forecast period, owing to growing demand from emerging economies.

Table Of Content
1 Introduction Of The Global In Vitro Diagnostics (IVD) Quality Control
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Global In Vitro Diagnostics (IVD) Quality Control Outlook
5 The Global In Vitro Diagnostics (IVD) Quality Control, By Systems
6 The Global In Vitro Diagnostics (IVD) Quality Control, By Service
7 The Global In Vitro Diagnostics (IVD) Quality Control, By Verticals
8 The Global In Vitro Diagnostics (IVD) Quality Control, By Applications
9 The Global In Vitro Diagnostics (IVD) Quality Control, By Geography
10 The Global In Vitro Diagnostics (IVD) Quality Control Competitive Landscape

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- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global In Vitro Diagnostics (IVD) Quality Control market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the In Vitro Diagnostics (IVD) Quality Control market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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