Acceptability can be viewed in several ways.
On one level, acceptability of an assay is decided by the FDA. The factors in their decision are the value of the information provided by the assay (the sensitivity and specificity of the test) and the potential for clinicians to make incorrect medical decisions based on test error (adverse events). The decision to accept for release for sale or reject an assay amounts to deciding which is less harmful – harm caused by adverse events for a released product or harm caused by the lack of information due to the device having been rejected and not available.
Another level of acceptability relates to released assays that have adverse events. How many adverse events are acceptable? This is often attempted to be prescribed by standards, but they often fall short of the mark. For example, in diabetes, blood glucose meters have the ISO 15197 standard that has limits for 99% of the results. But 1% of glucose meter results that are way off is a huge number.
We need new standards for assays that have goals for adverse events, and data collection methods to track adverse events.