The global market for in vitro diagnostics quality control is
expected to reach an overall market valuation of US$710.8 mn by the
fall of 2017. The further growth of the global market is projected to
yield an estimated market valuation worth US$837 by the completion of
the given forecast period in 2022. This growth of the global market
for in vitro diagnostics quality control is expected to be achieved
with the help of a steady CAGR of 3.3% over the course of the given
forecast period.
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The global market for in vitro diagnostics quality control has turned
into a key component of the global healthcare sector in the past few
years because of the stable advancements in technology related to the
healthcare industry. This has also enabled a swift growth of the
global market for in vitro diagnostics quality control. The enhanced
precision in the diagnoses offered by the in vitro diagnostics has
made it a vital component in the healthcare industry. This has also
made the global market for in vitro diagnostics quality control
extremely vital with respect to maintaining the advantage offered by
the system to the physicians.
The increasing demand for more precise diagnostics in the healthcare
industry is thus likely to act as the chief driving factor for the
overall development of the global market for in vitro diagnostics
quality control over the course of the given forecast period of 2017
to 2022. The increasing number of accredited clinical labs in the
developing economies is also expected to play an important role in
driving the overall growth of the global market.
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Accredited clinical labs have been in consistent need for the
services of in vitro diagnostics quality control. However, the
serious dearth of these quality control services in the upcoming
regions is expected to be the key restraining factor for the
development of the global market for in vitro diagnostics quality
control.
The Asia Pacific except Japan market is expected to play a
significant role in the overall development of the global market in
the coming years. The APEJ market is expected witness a steady CAGR
of 3.5% during the given forecast period and is estimated to reach a
valuation worth US$136 mn. The North America market for in vitro
diagnostics quality control is expected to dominate the market in
coming years The North America market is expected to reach a total
valuation of US$262.8 mn by the fall of 2017 and is estimated to rise
further to US$311.7 mn by the end of given forecast period in 2022,
showing a steady CAGR of 3.5%
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Some of the key players in the global in vitro diagnostics quality
control market include names such as Quantimetrix Corporation, Sysmex
Corporation, Thermo Fisher Scientific Inc., Sun Diagnostics LLC,
Siemens Healthineers, Seracare Life Sciences Inc., Roche Diagnostics,
Randox Laboratories, Ortho Clinical Diagnostics Inc., Helena
Laboratories, Bio-Rad Laboratories, and Abbott Laboratories among
others. These companies are constantly trying to gain an advantage
over their rivals. Thus, they are engaging into strategic business
activities such as mergers and acquisitions to enhance their overall
market presence.
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