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Diagnostics and monitoring ensure timely identification of health issues, enabling clinicians to take informed decisions. Early diagnosis serves as a cost-effective means of avoiding the economic burden on the patient and reduces the discomfort associated with chronic ailments. Increasing demand for advanced technologies, such as next-generation sequencing and isothermal nucleic acid amplification technology, for the diagnosis & monitoring of infectious diseases will propel market growth.
The availability of extremely sensitive tests is paving the way for precision medicine and has increased the demand for diagnostics. These tests can accurately predict disease occurrence, enable early disease detection, and support clinicians in making therapeutic decisions. The integration of technology such as AI augmentation can greatly improve diagnostic accuracy while making test results easier to interpret. Many industry players are also leveraging innovative technologies and sustainable business models that deploy AI in their diagnostics workflow.
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