The Clinical Trials Market is anticipated to reach $102.20 billion by 2031, with a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031. This significant growth is driven by several key factors. Firstly, there is an increasing emphasis on rare diseases, which has heightened the demand for specialized clinical trials. Secondly, the rise in the adoption of personalized medicine is reshaping trial methodologies, allowing for tailored treatments that enhance participant outcomes.
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