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Asia-Pacific IVD Regulatory Affairs Outsourcing Market - Industry Trends and Forecast to 2029.
Market Analysis & Insights: Asia-Pacific IVD Regulatory Affairs Outsourcing Market Asia-Pacific IVD regulatory affairs outsourcing market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with the CAGR of 14.1% in the forecast period of 2022 to 2029 and expected to reach USD 4, 04,438.47 thousand by 2029.
The major factors driving the growth of the IVD regulatory affairs outsourcing market are rise in the prevalence of chronic diseases across the region and technological advancement in various in vitro diagnostic devices. Rise in strategic acquisition & partnership among organization is creating opportunities for the growth of the market. Changing regulations regarding medical devices in different regions is acting as the major restraint for IVD regulatory affairs outsourcing market. Lack of infrastructure in healthcare service is acting as a major challenge for the growth of the market.
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