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The IVD reagents market is expected to grow at a CAGR of 7% from 2020 to 2027 to reach $77.6 billion by 2027.
The growth in the IVD reagents market is mainly attributed to the factors such as increasing global prevalence of acute and chronic infectious diseases coupled with rising geriatric population, increasing adoption of flow cytometry techniques in research and academia, increase in funding for research activities, and rising proteomics and genomics research studies. Moreover, the growing demand for protein therapeutics and personalized medicines and emerging economies offer significant growth opportunities for the players operating in this market.
DBMR published a market study on “
Global Immunoassay Analyzers Market.” It also includes size, share, trends, demand, revenue, growth and Opportunity Analysis for the duration of 2017-2027. The market study is segmented on the basis of Product Types, End Users, Distribution Channels, and Regions. Data Bridge Market Research analyses that the market is growing with the CAGR of 12.30% in the forecast period of 2020 to 2027. Increase in public safety concerns, rise in number of contagious diseases and the recent outbreak of the COVID-19 are factors driving the market growth. This report covers a detailed study of the Immunoassay Analyzers Market size, growth, and share, trends, consumption, segments, application and Forecast 2027. The Research Study presents a complete assessment of the Market and highlights future trend, growth factors & drivers, leader’s opinions, facts, and primary validated market data.