In-Vitro Diagnostics Market Forecast to Grow at 5.3% CAGR from 2024 to 2031 | SkyQuest Technology [Yahoo! Finance]
Abbott Laboratories (ABT)
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by 2031, with a CAGR of 5.3 % during the forecast period (2024-2031). The IVD sector works in a controlled setting to ensure test accuracy and patient safety. The growth of the IVD market is increasing mainly because of personalized medicine, which is an individualized approach to treatment based on a patient's unique genetic, molecular, and clinical circumstances. Companion diagnostics, a distinct subset of IVDs, actively participates in determining whether patients are suitable for therapy or at risk of toxicity or adverse drug reactions. By eliminating unnecessary treatments, these tailored interventions not only improve the effectiveness of treatment but also keep healthcare costs under control, highlighting market expansion. Download a detailed overview: https://www.skyquestt.com/sample-request/in-vitro-diagnostics-market Browse in-depth TOC on the "In-Vitro Diagnostic Market" Pages - 157 Tables - 124 Figures – 77 In-Vitro Diagnostic Market Overview: Report Covera
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