Chronic Disease Burden Fuels Innovation in Medical Diagnostics The Diagnostic Device Market is poised for substantial growth, expected to increase from USD 86.3 billion in 2023 to USD 150.3 billion by 2031, growing at a compound annual growth rate (CAGR) of 7.2% over the forecast period. The market is fueled by a rising global burden of chronic diseases, increased healthcare spending, and the integration of digital technologies in diagnostics.
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