Growing Research Investments Driving Growth of the IVD Reagents Market | Meticulous Blog

According to the latest publication from Meticulous Research®, the IVD reagents market is projected to reach $79.76 billion by 2031, at a CAGR of 5.3% during the forecast period. The growth of this market is driven by the increasing prevalence of infectious diseases, increasing funding for research activities, the rising adoption of advanced diagnostic technologies, the growth in proteomics & genomics research studies, and the growing number of clinical laboratories offering advanced diagnostic testing menus. Additionally, emerging economies and the growing demand for protein therapeutics and personalized medicines are expected to offer significant market growth opportunities.