In Vitro Diagnostics (IVD) Quality Controls Market worth 979.0 Million USD by 2020

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MarketsandMarkets Presents
In Vitro Diagnostics (IVD) Quality Controls
Market worth 979.0 Million USD by 2020

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-vitro-diagnostics-quality-controls-market-1980325
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The report "In Vitro Diagnostics (IVD) Quality
Controls Market by Application (Immunoassay,
Clinical Chemistry, Molecular Diagnostics,
Microbiology) Source (Serum, Blood, Plasma Based
Controls) Type (Instrument Specific Third Party
Controls) - Forecast to 2020", The Global IVD
Quality Control Products Market is Projected to
Reach USD 979.0 Million by 2020. Browse 144
tables and 41 figures spread through 210 pages
and in-depth TOC on "In Vitro Diagnostics (IVD)
Quality Controls Market by Application
(Immunoassay, Clinical Chemistry, Molecular
Diagnostics, Microbiology) Source (Serum, Blood,
Plasma Based Controls) Type (Instrument Specific
Third Party Controls) - Forecast to
2020"http//www.marketsandmarkets.com/Market-Rep
orts/in-vitro-diagnostics-quality-controls-market-
198032582.html
 
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-vitro-diagnostics-quality-controls-market-1980325
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-vitro-diagnostics-quality-controls-market-1980325
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• The growth in the IVD quality controls market is
  majorly driven by the growing number of
  accredited laboratories and increasing mandates
  on the use of quality controls from regulatory
  and accreditation bodies. Moreover, the rising
  adoption of third-party controls is another major
  factor supporting the growth of the IVD quality
  controls market. However, factors such as lack of
  reimbursement, high product cost, and budget
  constraints at laboratories are restraining the
  growth of this market.

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-vitro-diagnostics-quality-controls-market-1980325
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• In this report, the IVD quality controls
  market is segmented based on product type,
  applications, manufacturer type, end user, and
  region. Based on manufacturer type, the market is
  segmented into instrument manufacturer controls
  and independent manufacturer controls. In 2015,
  the independent manufacturer controls segment
  accounted for the largest share of the IVD
  quality controls market. Moreover, this segment
  is expected to witness the highest growth during
  the forecast period. The large share and high
  growth of this segment is majorly attributed to
  the increasing use and preference for third-party
  quality controls among end users.

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-vitro-diagnostics-quality-controls-market-1980325
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• In 2015, North America accounted for the
  largest share of the IVD quality control products
  market, followed by Europe, Asia-Pacific, Latin
  America, and the Middle East Africa. The large
  share of North America in the IVD quality control
  products market is attributed to increasing
  recommendations and approvals for quality control
  products from the FDA and the College of American
  Pathologists (CAP), presence of well-established
  distribution channels, and presence of leading
  companies in this region.

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• However, the Asia-Pacific region is expected to
  witness the highest growth in this market majorly
  due to the rapid growth in the volume of IVD
  tests performed in China and India, improving
  healthcare infrastructure, growing per capita
  income, and increasing number of accredited
  laboratories in this region. In addition,
  manufacturers are increasingly focusing on
  strengthening their presence in emerging APAC
  countries and aiming to work with local
  government agencies and academic societies to
  offer external quality controls in an effort to
  standardize laboratory testing procedures and
  ensure accuracy of test results.

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• The global IVD quality controls market is
  consolidated in nature, with the top three
  companies accounting for a major market share in
  2014. Some of the key players in this market are
  Bio-Rad Laboratories, Inc. (U.S.), Thermo Fisher
  Scientific, Inc. (U.S.), Randox Laboratories
  (U.K.), Roche Diagnostics Limited (Switzerland),
  Abbott Laboratories, Inc. (U.S.), Danaher
  Corporation (U.S.), Siemens Healthcare (Germany),
  and Sysmex Corporation (Japan).

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• The leading players in this market have built a
  strong market position by focusing on new product
  launches, agreements, collaborations,
  partnerships, and expanding their geographic
  presence in emerging markets with a focus on
  widening their revenue streams. These still
  remain the actively adopted strategies by leading
  players to achieve sustainable revenue growth in
  this competitive market.

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