In-Vitro Diagnostics (IVD) Quality Control Market To Reach USD 1229.3 Million By 2026 | Reports And Data

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NEW YORK, June 12, 2019 (GLOBE NEWSWIRE) -- According to the current analysis of Reports and Data, the global In-Vitro Diagnostics (IVD) Quality Control Market was valued at USD 881.8 Million in 2018 and is expected to reach USD 1229.3 Million by year 2026, at a CAGR of 4.3%.

IVD quality controls are tests used to authenticate the consistency of IVD testing system to confirm precision of test findings and assess the influence of factors such as environmental conditions and operator’s performance on test results. Key recent developments: in June 2019, Illumina, Inc. announced the launch of VeriSeq NIPT Solution v2, a CE-IVD; next-generation sequencing (NGS)-based approach to noninvasive prenatal testing (NIPT), delivers the most comprehensive view of the fetal genome compared to other CE-IVD NIPT products.

Factors including increasing prevalence of chronic diseases, launch of new clinical laboratories, stringent mandates, as well as rising need of early diagnostics by patients drive the growth of In-Vitro Diagnostics (IVD) Quality Control market.  Increasing incidence of public-private laboratories which are undergoing laboratory accreditation procedure even boosts up the growth of this particular market. For instance: In August 2018, Abbott Laboratories introduced Alinity, its state-of-the-art, harmonized family of systems for clinical diagnostics, to the US market indicating high demand for the systems’ advanced capabilities and potential to provide savings and increased efficiencies for labs, clinicians, and hospitals. 

For the purpose of the study, this Reports and Data has segmented the Global In-Vitro Diagnostics (IVD) Quality Control Market on the basis of product type, manufacturer type, design, application, end user and the regional outlook:                     

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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Globe Newswire: 18:11 GMT Wednesday 12th June 2019

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