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High Prevalence of Chronic Disorders to Boost Adoption of In Vitro Diagnostics in United States

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Diagnostic technology has evolved over the years. Advancements in laboratory science, instrumentation and analysis have led to the introduction of more advanced technologies such as molecular biology, DNA technology, molecular chemistry, cell culture technology, bioanalytical techniques, clinical technologies, computer-aided diagnostic procedures and many others. As these technologies are continuously developed, new diagnostic tools are being introduced in the market that will help doctors evaluate various illnesses and diseases. Recent research conducted at University of Michigan showed that the number of new diagnostic tools is increasing steadily, and this trend has been observed among medical institutions and healthcare providers as well. High prevalence of chronic disorders to boost adoption of in vitro diagnostics in United States. In January 2020, the FDA finalized its In Vitro Guidance for the pharmaceutical industry in order to help drug developers plan and evaluate studies to...