• The global Marine Biomedicine market size was valued at US$ 4.56 billion in 2024 and is projected to reach US$ 8920.0 Million by 2030, at a CAGR of 11.8% during the forecast period 2024-2030.
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Report Studies
• The global market is experiencing rapid growth, driven by drug discovery and biotechnology advances. In 2023, product development reached 450 compounds globally, with pharmaceutical applications accounting for 55% of research. The market saw a 40% increase in clinical trial activities in 2023. Small molecules dominate with a 60% market share, while peptides are growing at 15% annually. North America leads with a 45% market share, while Asia Pacific is the fastest-growing region at 12.5% CAGR. The industry is focusing on developing novel compounds, with a 50% growth in R&D investments for drug development.
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