In Vitro Diagnostics (IVD) Quality Control Market

Bio-Rad Laboratories Inc. (US), Randox Laboratories Ltd. (UK), Thermo Fisher Scientific Inc. (US), and Bio-Techne Corporation (US) are the leading players in the global In Vitro Diagnostics (IVD) Quality Control Market

The global IVD quality control market size is projected to reach USD 1.16 billion by 2025 from USD 0.96 billion in 2020, at a CAGR of 3.8% during the forecast period. Key players are focusing on increasing their presence in this growing market through both organic as well as inorganic growth strategies, such as product launches, agreements, partnerships, collaborations, and expansions. Due to the intense competition in this market, various market players are increasingly focusing on expanding their geographic presence in high-growth emerging markets.

To know about the assumptions considered for the study download the pdf brochure

Bio-Rad Laboratories Inc. (US) was the leading player in the IVD quality control market and accounted for the largest share in 2018. The company is a leading provider of clinical diagnostic systems, analytical devices, and instruments. The company has a robust portfolio of quality control products, data management solutions and quality assurance services for hospital laboratories, reference laboratories, transfusion laboratories, and physician office laboratories. Bio-Rad Laboratories’ position in the market can be attributed to its strong distribution network and its subsidiaries across the globe, which enables it to serve customers in North America, Europe, and the Asia Pacific. To garner a large share of the IVD quality control market, the company continuously focuses on organic and inorganic growth strategies. For instance, in May 2019, the company launched InteliQ and Load-and-Go Tubes for quality controls to streamline the laboratory workflow. With this new launch the company enabled to strengthen its chemistry and immunoassay quality controls offerings.

Randox Laboratories Ltd. (UK) held the second-largest share of the global IVD quality control market. Its position in the market can be attributed to its robust product portfolio and a strong network of partners across the world. Under its flagship brands ‘Acusera’ and ‘RIQAS,’ the company offers various quality controls and EQA schemes across the globe. To maintain its position in the market, the company focuses on expanding its product portfolio through strategies, such as product launches and expansions. For instance, in August 2019, the company launched multi-analyte Acusera infectious disease (serology) control for the analysis of infectious diseases.

Related Reports:

In Vitro Diagnostics (IVD) Quality Control Market by Source (Serum, Whole Blood, Urine), Application (Immunoassay, Hematology, Microbiology), Type (Independent Controls, Original Equipment Manufacturers), End User (Hospital, Lab) - Global Forecast to 2025

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
MD 4180
RI Published ON
3/9/2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the In Vitro Diagnostics (IVD) Quality Control Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved