North America commanded the largest share of the IVD quality controls market, followed by Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Increasing recommendations and approvals for quality controls from the FDA and the College of American Pathologists (CAP), presence of well-established distribution channels in the U.S., and presence of leading companies in the U.S. are the major factors responsible for the large share of the North American market. On the other hand, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. This can be attributed to the growing focus of manufacturers towards the improvement of laboratory testing quality in this region and also manufacturers in these countries are looking forward to work with local government agencies and academic societies to offer external quality control in an effort to standardize laboratory testing procedure and to ensure accuracy.
The market is mainly driven by the growing number of accredited clinical laboratories and increasing adoption of third-party quality controls.
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Major players in the IVD quality controls market are Bio-Rad Laboratories, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Randox Laboratories (U.K.), Roche Diagnostics Limited (Switzerland), Abbott Laboratories, Inc. (U.S.), Danaher Corporation (U.S.), Siemens Healthcare (Germany), and Sysmex Corporation (Japan).
IVD Quality Controls Market, Studies on the following points, Clinical Chemistry, Immunochemistry, Hematology, Molecular Diagnostics, Coagulation/Hemostasis, Microbiology, Other Applications
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