Label-Free-Detection-Technology-Market 1

Increasing Chronic Disease Prevalence Driving Label-Free Detection Technology Market Growth Read more: https://www.psmarketresearch.com/market-analysis/label-free-detection-market The global label-free detection technology market revenue stood at $1,197.5 million in 2019, and it is predicted to surge to $3,097.4 million by 2030. Furthermore, the market will progress at a CAGR of 9.0% from 2020 to 2030 (forecast period), as per the estimates of the market research company, P&S Intelligence. The major factors driving the growth of the market are the increasing prevalence of chronic diseases, surging healthcare expenditure, growing strategic developments for drug discovery, and the launch of various initiatives by private and public organizations for raising awareness about label-free detection technologies.