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The India diagnostic labs market was valued at USD 9.8 billion in 2024 and is projected to reach USD 28.4 billion by 2033, registering a compound annual growth rate (CAGR) of 11.21% during the forecast period of 2025–2033.
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Market growth is primarily driven by the increasing demand for personalized healthcare solutions, in line with the broader shift toward precision medicine. As healthcare providers increasingly tailor diagnostics and treatments to individual patient characteristics to achieve optimal outcomes, the need for advanced and specialized diagnostic services continues to rise.
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