Molecular Quality Controls Market

SeraCare Life Sciences Inc. (US), Microbiologics Inc. (US) and Thermo Fisher Scientific (US) are leading players in Molecular Quality Controls Market

The molecular quality controls market size is expected to grow from USD 132 million in 2018 to USD 237 million by 2024, at a CAGR of 10.2% during the forecast period. The growth of this market is primarily driven by factors such as the rising adoption of third-party quality controls, increasing number of accredited clinical laboratories, and the rising demand for external quality assessment support.

Major players in the molecular quality controls market include SeraCare Life Sciences Inc. (US), ZeptoMetrix Corporation (US), Bio-Rad Laboratories Inc. (US), Microbiologics Inc. (US), and Thermo Fisher Scientific (US), Maine Molecular Quality Controls Inc. (US), Abbott Laboratories (US), Roche Diagnostics (Switzerland), Quidel Corporation (US), and Qnostics Ltd. (UK). These players have adopted various growth strategies such as acquisitions, product launches, agreements, partnerships, collaborations, and expansion to expand their presence in the molecular quality controls market.

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SeraCare is the leading player in the global molecular quality controls market. The company offers quality controls and reference materials for IVD manufacturers, clinical laboratories, and life science researchers. The company is presently focusing on organic and inorganic strategies such as product launches, agreements, partnerships, collaborations, and geographic expansions to maintain and improve its market share in the market. For instance, in the past three years, the company launched 19 molecular quality control materials such as Seraseq NTRK FFPE RNA reference material, Seraseq ctDNA Complete, and Seraseq ctDNA Panels. In addition to this, in 2016, SeraCare collaborated with the UK National External Quality Assessment Service (UK NEQAS) to provide non-invasive prenatal testing (NIPT) reference materials for global NIPT EQA schemes. These strategies have enabled the company to expand its presence in the market

Thermo Fisher Scientific is another prominent player in the molecular quality controls market. The company offers an extensive product portfolio in this market through its specialty diagnostics business segment. It holds a significant presence in about 120 countries across the US, Europe, Asia, and Latin America. In order to maintain its market position and increase its market share, Thermo Fisher Scientific focuses on product commercialization and distribution through a broad network of sales and distribution channels. In addition to this, Thermo Fisher Scientific has adopted inorganic strategies such as partnerships to enhance its growth in the market. In 2018, the company partnered with the West China Hospital of Sichuan University (China) to establish training centers for standardized pathology quality control and standardized pathologic diagnosticians.

Microbiologics Inc is an important player in the molecular quality controls market. The company offers a wide range of molecular quality controls, biological reference material, and custom microbial controls for clinical, pharmaceutical, food, water, and educational industries. Microbiologics aims to meet the needs of its end users by focusing on both organic and inorganic growth strategies such as product launches and partnerships. Recently, the company launched as many as eight quality control panels for blood culture identification (BCID) and gastrointestinal (GI) testing. The company also partnered with Bruker Corporation (US) to develop specialized identification panels for Brukerís MALDI Biotyper System and Bruker MALDI Biotyper CA System. By adopting these strategies, Microbiologics is expected to grow at a significant rate in the market during the forecast period.

Related Reports:

Molecular Quality Controls Market by Product (Independent, Instrument Specific (DNA Sequencing)), Analyte Type (Single Analyte, Multianalyte), Application (Infectious Diseases), End User (IVD Manufacturers, Research Institute) - Global Forecast to 2024

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Report Code
MD 6900
Published ON
Feb, 2019
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