The Functional Service Providers (FSP) Market, valued at USD 14.58 billion in 2022, is projected to grow to USD 26.98 billion by 2030, experiencing a compound annual growth rate (CAGR) of 8% over the forecast period from 2023 to 2030. This growth is attributed to the rising adoption of FSP models in the pharmaceutical and biotechnology sectors, particularly for clinical trials, data management, and regulatory affairs, as companies seek specialized, scalable outsourcing solutions to streamline operations ...
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