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LONDON, GREATER LONDON, UNITED KINGDOM, February 4, 2025 /EINPresswire.com/ -- Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
The in vitro diagnostics (IVD) quality control market has experienced significant growth in recent years. It is expected to increase from $1.4 billion in 2024 to $1.49 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%. This growth in the past period can be attributed to factors such as regulatory compliance, the rising prevalence of diseases, an aging population, the expansion of diagnostic laboratories, and growing awareness and demand for precision medicine.
How Big Is the Global In Vitro Diagnostics (IVD) Quality Control Market Expected to Grow, and What Is Its Annual Growth Rate?
The in vitro diagnostics (IVD) quality control market is projected to experience substantial growth in the coming years, reaching $2.09 billion by 2029 at a compound annual growth rate (CAGR) of 8.7%. This growth is driven by advancements in personalized medicine, the expansion of point-of-care testing, the integration of digital health, the adoption of next-generation sequencing (NGS), global health security concerns, and the incorporation of electronic health records (EHR). Key trends during the forecast period include multi-analyte quality control materials, the use of AI and machine learning, on-demand quality control solutions, continuous monitoring with real-time feedback, and the development of portable, user-friendly quality control devices.
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What Is Driving the Growth of the In Vitro Diagnostics (IVD) Quality Control Market?
The increasing prevalence of infectious diseases like HIV and cancer is playing a key role in the growth of the in vitro diagnostics quality control market. Infectious diseases are widespread and caused by pathogens such as viruses, bacteria, fungi, or parasites. The rising number of cases of infectious diseases, including HIV and cancer, creates a demand for advanced diagnostic testing products and services to ensure effective treatment. This, in turn, is driving the need for in vitro diagnostics quality control to maintain the accuracy, performance, and reliability of testing equipment and results.
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Which Leading Companies Are Driving The Growth Of The In Vitro Diagnostics (IVD) Quality Control Market Share?
Major companies operating in the in vitro diagnostics (IVD) quality control market include Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., LGC Limited., Abbott Laboratories.
What Are The Key Trends Driving The Growth Of The In Vitro Diagnostics (IVD) Quality Control Market Size?
Rising research and development efforts are influencing the in vitro diagnostics quality control market. Leading companies in the IVD quality control sector are creating innovative products to gain a stronger competitive advantage.
How Is the Global In Vitro Diagnostics (IVD) Quality Control Market Segmented?
The in vitro diagnostics (IVD) quality control market covered in this report is segmented –
1) By Product type: Quality Control Products, Data Management Solutions, Quality Assurance Services
2) By Manufacturer Type: IVD Instrument Manufacturers, Third Party Quality Control Manufacturers
3) By Application: Clinical Chemistry, Hematology, Immunoassay, Molecular Diagnostics, Microbiology, Coagulation Or Hemostasis, Other Applications
4) By End-Users: Hospitals, Clinical Laboratories, Research And Academic Institutes, Other End Users
Subsegments:
1) By Quality Control Products: Control Materials, Quality Control Kits, Proficiency Testing Samples
2) By Data Management Solutions: Software For Quality Control Management, Data Analysis Tools, Cloud-Based Solutions
3) By Quality Assurance Services: Consulting Services, Training And Education Services, Audit And Compliance Services
The Leading Region in the In Vitro Diagnostics (IVD) Quality Control Market is:
North America was the largest region in the in vitro diagnostics (IVD) quality control market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period.
What Is the In Vitro Diagnostics (IVD) Quality Control Market?
In-vitro diagnostics (IVD) quality control refers to a series of processes that ensure the accuracy, performance, and environmental factors affecting in vitro diagnostic tests, including nucleic acid testing for pathogen detection and healthcare-associated infections (HAIs) like pneumonia, urinary tract infections, and other conditions.
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