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The global preclinical animal telemetry market size is estimated to grow by USD 21.55 million at a CAGR of 5.69% between 2023 and 2028.
As a part of organic growth strategies, companies are increasingly focusing on new feature integration, as well as product development and launches. The launch of new products is allowing companies to remain competitive in the market by offering the latest available technologies to their customers. Additionally, companies can efficiently meet the specific demands of end-users by bringing innovative changes in their product lineup as per customers' expectations. Some of the recent product launches have been discussed below: Since 2021, the US Animal Telemetry Network (ATN) has been attempting to integrate ocean profiles obtained from animal-borne satellite telemetry tags, including the Wildlife Computers SCOUT-CTD, into the World Meteorological Organizations Global Telecommunication System. Such constant improvements and upgrades in features have brought significant differentiation in products and have helped companies lower the competition and increase product penetration. Therefore, an increase in product launches of preclinical animal telemetry is driving the market growth during the forecast period.
Technavio has segmented the market into End-user, Type, and Geography
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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