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Asia-Pacific Early Toxicity Testing Market Set to Reach USD 7.55 Billion by 2030

Asia-Pacific Early Toxicity Testing Market Set to Reach USD 7.55 Billion by 2030

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According to Next Move Strategy Consulting, Asia-Pacific Early Toxicity Testing Market is predicted to reach USD 7.55 billion with a CAGR of 4.33% till 2030.

The rise in prevalence of chronic diseases such as cancer and cardiovascular diseases in Asia-Pacific has led to an increase in drug development, thus driving the early toxicity testing market in the region.

However, strict guidelines established by regulatory agencies like the US FDA and the EMA necessitate extensive and exacting testing for medication development and safety, which can be costly and time-consuming and impede market expansion.

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