What is the forecast for the infectious disease diagnostic market?
Date:2023-02-15
The infectious disease diagnostic market is expected to grow at a compound annual growth rate (CAGR) of 12.5 percent between 2018 and 2025, reaching a market size of $49.3 billion. This growth is driven by the increasing prevalence of infectious diseases, advancements in diagnostics technologies, and increasing efforts by governments and organizations to improve access to diagnostics. Additionally, the emergence of new methods such as next-generation sequencing and point-of-care diagnostics are expected to further fuel this growth.
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