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0.00524475524475518 0.011072261072261 0.0414335664335664 0.0261363636363637 0.0402097902097902 0.0343822843822843 0.0125291375291374 0.0284382284382284
Stock impact report

Patient Derived Xenograft (PDX) Models Market Expects Significant Growth, Reaching $710 Million by 2028 - Global Long-term Forecasts to 2033 [Yahoo! Finance]

Inotiv, Inc. (NOTV) 
Company Research Source: Yahoo! Finance
The patient derived xenograft (PDX) models market is anticipated to expand significantly, from $0.35 billion in 2023 to $0.4 billion in 2024, according to recent data. This market demonstrates a robust compound annual growth rate (CAGR) of 16%, and is projected to continue this growth trajectory, potentially reaching a valuation of $0.74 billion by 2028 at a CAGR of 16.1%. This upsurge is largely driven by an increased focus on personalized medicine, a growing need for humanized PDX models, and a rise in global cancer incidence. Moreover, the market is buoyed by advancing technology in precision oncology, alongside amplified research and development funding for cancer treatment innovations. Growth Factors and Industry Trends The surge of personalized healthcare, which holds the promise of tailoring treatments to individual patient profiles, is a significant factor fueling market expansion. PDX models stand at the forefront of personalized medicine, propelling the demand for hum Show less Read more
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