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The future of the esoteric testing market looks promising with opportunities in the independent & reference laboratories and hospital laboratories industries. The global esoteric testing market is expected to grow with a CAGR of 12% from 2019 to 2024. The major growth drivers for this market are rising geriatric population and subsequent growth in the prevalence of chronic diseases, increasing burden of infectious diseases, rising demand for early disease detection using specialized diagnostic tests, growing awareness of personalized medicine, and increasing funding and research grants for the development of innovative esoteric tests.
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