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DUBLIN--(BUSINESS WIRE)--Oct 4, 2022--
The "Molecular Quality Controls Market Share, Size, Trends By Product, By Technology, By Application, By End-Use, By Region, Segment Forecast, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global molecular quality controls market size is expected to reach USD 294.31 million by 2030.
Trends in the industry are driven by several variables, including the steadily rising number of clinical laboratories that are accredited. Clinical laboratory tests have aided in not just the diagnosis of disease but also in monitoring the effectiveness of treatment. Today, clinical laboratories all around the world are vying for national and international accreditation, largely to guarantee more dependable and superior laboratory services. Diagnostic laboratories conduct more intricate tests, are held to greater standards of regulatory compliance, and are subject to increased levels of regulatory scrutiny.
For instance, in April 2021, based on the results of an on-site examination, the College of American Pathologists accredited the Advanced Genomics Institute Clinical Laboratory at UC Berkeley. In the years to come, there may be an increase in demand for control solutions as a result of the urgent demand for extensive monitoring for any anomalies in diagnostic goods.
The primary factors driving this industry's growth are the increasing use of third-party regulatory standards, the desire for external quality measurement support, the development of government funding for genomics developments, the demand for personalized medicines, the declining cost of sequencing procedures, and the increased incidence of infectious diseases, cancer, and genetic diseases.
Furthermore, in July 2021, to compete in the multiplex molecular diagnostics industry, Seegene, a significant participant, and Bio-Rad Laboratories partnered. The collaboration aims to create diagnostic solutions for infectious diseases. Additionally, subject to FDA approval and further clinical research, Seegene would provide diagnostic tests for use on Bio-CFX96 Rad's Dx Real-Time PCR System for the American market.
As the burden of various diseases increases globally, more laboratory tests are being performed. Both public and commercial sector laboratories are opening up to address this need. To perform diagnostic tests, clinical laboratories must get accreditation from regulatory organizations such as the International Organization for Standardization (ISO) and other standards of a like kind in the majority of nations. The relevant authorities analyze a laboratory's competency and quality system during the accreditation procedure using predetermined standards.
Molecular Quality Controls Market Report Highlights
Market Dynamics
Drivers and Opportunities
Restraints and Challenges
Market Segmentation
Molecular Quality Controls, Product Outlook (Revenue - USD Million, 2018 - 2030)
Molecular Quality Controls, Technology Outlook (Revenue - USD Million, 2018 - 2030)
Molecular Quality Controls, Application Outlook (Revenue - USD Million, 2018 - 2030)
Molecular Quality Controls, End-Use Outlook (Revenue - USD Million, 2018 - 2030)
Molecular Quality Controls, Regional Outlook (Revenue - USD Million, 2018 - 2030)
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Research Methodology
4. Global Molecular Quality Controls Market Insights
5. Global Molecular Quality Controls Market, by Product
6. Global Molecular Quality Controls Market, by Technology
7. Global Molecular Quality Controls Market, by Application
8. Global Molecular Quality Controls Market, by End-Use
9. Global Molecular Quality Controls Market, by Geography
10. Competitive Landscape
11. Company Profiles
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/yhcfz3
View source version on businesswire.com:https://www.businesswire.com/news/home/20221004005734/en/
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KEYWORD:
INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 10/04/2022 08:42 AM/DISC: 10/04/2022 08:42 AM
http://www.businesswire.com/news/home/20221004005734/en