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🔍 What’s Happening in the IVD Contract Manufacturing Market

• The global IVD (In Vitro Diagnostics) contract manufacturing market is experiencing explosive growth: from ~USD 21 billion in 2025, it’s projected to reach USD 56.9 billion by 2034, growing at a CAGR of around 10–11%. 

• The key drivers include:

  • Outsourcing by IVD companies to reduce costs and scale faster 

  • Rising demand for point-of-care (POC) diagnostics and molecular testing 

  • Technological advancements (immunoassays, molecular diagnostics) and regulatory streamlining Geographic expansion, especially in Asia-Pacific and emerging markets. 

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