The U.S. IVD market was valued at USD 28.63 Billion in 2022 and grew at a CAGR of 4.95% from 2023 to 2032. The market is expected to reach USD 46.41 Billion by 2032. It is projected that over the forecast period, there will be an exponential decline in the demand for in vitro diagnostics (IVD) to diagnose SARS-CoV-2 infection.
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