Radio immunoassay (RIA) reagents and devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to growing at a CAGR of 3.52% in the above-mentioned forecast period.
Growing existence of infectious diseases and increase patient of complicated disorder such as cancer, coronavirus, malaria, influenza, and HIV/AIDS are key factors driving market growth whereas rising awareness about effectiveness of radio immunoassay reagents and devices to diagnose complicated disorders will boost market growth. In addition technological advancement such as automated devices will boost market growth in coming years. However strict regulatory policies for procedures and high setup cost are restraining factors for market. However lack of skilled professional is challenging factor for market.