Clinical Trials Market Size Predicted to Reach US$79.9 Billion by 2030
The global clinical trials market is set to experience substantial expansion, with market size projected to reach approximately US$79.9 billion by 2030, up from US$52.5 billion in 2022, according to a comprehensive market report by Fairfield Market Research. The market is anticipated to witness a steady Compound Annual Growth Rate (CAGR) of 6.2% during the period from 2023 to 2030. Driving Forces The clinical trials markets growth is primarily attributed to several key factors: Increasing Prevalence of Chronic Diseases: The
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