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The Asia-Pacific Diagnostic Tests market is estimated to witness surging demand at a CAGR of 10.3% by 2030
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Asia-Pacific Diagnostic Tests Market Analysis and Size
According to the World Health Organization's (WHO), chronic diseases will account for approximately 41 million deaths annually by April 2021, accounting for 71% of all fatalities worldwide. As a result, diagnostic tests have proven useful in the management of chronic illness conditions, as well as in disease prevention, detection, and diagnosis. By identifying individual risk factors and early warning indicators, clinical diagnostics open up new avenues for early prevention and intervention. As a result, the overall market is expected to grow as the prevalence of chronic illnesses rises.
Data Bridge Market Research analyses that the diagnostic tests market, which was USD 160,573.05 million in 2022, is expected to reach USD 351,784.56 million by 2030, at a CAGR of 10.3% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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