The clinical trial market is set for substantial growth, with an estimated valuation of USD 120.97 billion in 2024. According to recent forecasts, the market is expected to expand at a Compound Annual Growth Rate (CAGR) of 4.3% from 2024 to 2034, reaching an anticipated value of USD 184.61 billion by the end of the …
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Global Clinical Trial Industry Poised to Reach US$184.61 Billion by 2034, Driven by Rising Demand for New Treatments
The Global Clinical Trial Industry is on a promising trajectory for continued growth, according to a recent market analysis. The market, currently valued at US$120.97 billion in 2024, is expected to climb steadily at a Compound Annual Growth Rate (CAGR) of 4.3% over the next decade. This translates to a projected market valuation of US$184.61 …