The global IVD quality control market is expected to reach over USD 1.13 billion by 2024 according to a new report by Grand View Research, Inc.
The continually evolving technology-oriented changes in the diagnostics field and the growing requirement to ensure patient safety necessitate the implementation of quality assurance programs in various medical disciplines including radiology and point-of-care devices.
The patients rely on self-testing IVD devices for long-term disease management and hence it is important for such IVD devices to be checked for quality in terms of result reproducibility and validity in order to guarantee patient safety. The rising number of certified clinical laboratories offering dependable IVD-based diagnostic services directly correlates with increased patient confidence, thus driving the quality control market.
In addition to quality assessments, amendments to the regulatory framework are made intermittently to enhance the present quality standards with the main objective of safeguarding qualitative superiority of the diagnostic services rendered to patients.
In May 2016, the European Union passed an agreement to update the pre-existing regulations pertaining to IVD devices wherein the updates were in concern with raising the patient safety levels, particularly for disabled persons. Furthermore, the presence of third party quality control agencies for independent assessment of the IVD devices is expected to elevate the current safety standards, which is expected to further propel the market growth.
Browse full research report on Global In Vitro Diagnostics Quality Control Market: http://www.grandviewresearch.com/industry-analysis/in-vitro-diagnostics-ivd-quality-control-market
Further key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/biotechnology
Grand View Research has segmented the IVD quality control market on the basis of application, type, end-use, and region:
IVD Quality Control Market Application Outlook, by Revenue (USD Million, 2013 - 2024)
IVD Quality Control Market Type Outlook, by Revenue (USD Million), 2013 - 2024
IVD Quality Control Market End-use Outlook, by Revenue (USD Million), 2013 - 2024
IVD Quality Control Market Regional Outlook, by Revenue (USD Million), 2013 - 2024
Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-in-vitro-diagnostics-ivd-quality-control-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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