Global In Vitro Diagnostic Market (2020 to 2030) – by Offering, Technology, Application and End-user

Dublin, Dec. 18, 2020 (GLOBE NEWSWIRE) — The “In Vitro Diagnostic Market Research Report: By Offering, Technology, Application, End User – Global Industry Analysis and Growth Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.

The global in-vitro diagnostic (IVD) market reached a valuation of $63.5 billion in 2019 and is predicted to progress at a CAGR of 6.6% between 2020 and 2030. According to the report estimates, a market research firm based in India, the market would generate a revenue of $127.4 billion by 2030. The key factor driving the progress of the market is the rising enactment of strict regulations and policies in several countries regarding blood sample contamination.

Besides the aforementioned factor, the growing incidence of chronic diseases, the surging number of blood donors, rapid advancements and innovations in the IVD technology, the increasing number of academic institutions and hospitals,…

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