Globe Newswire
Clinical Diagnostics Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)
The clinical diagnostics market is projected to register a CAGR of 6. 1% during the forecast period, with a revenue of approximately USD 63,305 million in 2020 and expected to reach USD 93,851 million by 2026.New York, March 05, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Clinical Diagnostics Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” – https://www.reportlinker.com/p06030479/?utm_source=GNW The market is expected to grow due to the increasing incidence of infectious and chronic diseases, and the increasing adoption of the automated platform.With the emergence of the SARS-CoV-2 virus, there is an increase in lab testing that demands grew even more in an attempt to keep pace with suspected cases of COVID-19. The demand for clinical diagnosis has grown to 26-50 %, based on the article published by Brenda Silva 2020. According to the Atlantic Monthly Group, there was a tremendous increase in COVID-19 tests from 760,441 tests in Sep 2020 to 964,792 new tests by Oct 2020 worldwide. Thus, the rising number of tests owing to the constant upsurge in patients, and the various funding by governments are the factors that are going to escalate the demand for COVID-19 test kits and will drive the overall market growth exponentially.According to the World Health Organization (WHO), the prevalence of chronic disease is…
