The global animal model market is anticipated to generate more than USD 1,943.3 million in income by 2024. Animals having a shorter life cycle, are highly genetically similar, and are simpler to test in laboratories. The animal model demand study report projects that the market will grow at a moderate compound annual growth rate (CAGR) of …
Tag Archives: Animal Model Market Demand
Global Animal Model Market Continues Upward Trajectory, Projected to Reach US$ 3,476.8 Million at a 6% of CAGR
The global animal model market is projected to bring in over US$ 1,943.3 million in revenue by 2024. Animals are easier to test in labs, have a shorter life cycle, and share a high level of genetic similarity. Over the next 10 years, the market as a whole is expected to develop at a moderate CAGR of 6%, according to …
Global Animal Model Market Continues Upward Trajectory, Projected to Reach US$ 3,476.8 Million by 2034 at a 6% CAGR
The global animal model market is poised for significant growth, with a projected valuation of US$ 3,476.8 million by 2034. This signifies a steady Compound Annual Growth Rate (CAGR) of 6% from its estimated value of US$ 1,943.3 million in 2024. The growth of the animal model market is attributed to the increasing role of …