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【English Market Research Report】Global Market for Biochemical Automated Diagnostics

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The global market size for biochemical automated diagnostics is expected to reach $7.81 billion by 2031, growing from $5.01 billion in 2023, with a projected CAGR of 5.7% during the forecast period from 2024 to 2031. The increasing demand for rapid and accurate diagnostic tests is driving the market. Automation of testing procedures, the emphasis on early diagnosis of diseases, and advancements in technologies used for biochemical diagnostics are also acting as additional growth factors. The sharp rise in disease burden due to chronic diseases and infections significantly increases the demand for automated diagnostic procedures, further expanding the scope of this market. The growing elderly population, which is more susceptible to diseases, also enhances the demand for diagnostics. Regulatory support from relevant authorities for the expansion of diagnostic technologies will further boost market growth.

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