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 Size
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 …
Animal Model Market Roars to Exceed US$ 2.4 Billion by 2028-FMI Study
The animal models market size is anticipated to develop at a high CAGR of 6.6% to reach US$ 2.4 billion by 2028 from US$ 1.7 billion in 2022. The animal model market has witnessed substantial growth and continues to be a crucial tool in biomedical research and drug development. Animal models, including mice, rats, zebrafish, …
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