Market Outlook
The India In Vitro Diagnostics (IVD) Market is poised for significant growth over the forecast period, driven by an increasing demand for advanced diagnostic solutions amid a rising prevalence of chronic and infectious diseases. Valued at USD 1.74 billion in 2024, the market is projected to reach USD 2.37 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.45%. This expansion is underpinned by technological advancements, growing healthcare awareness, and supportiv