Global In Vitro Lung Model Market Size & Outlook, 2023-2030
Global in vitro lung model market, 2018-2030 (US$M)
Related Markets
Global in vitro lung model market highlights
- The global in vitro lung model market generated a revenue of USD 310.8 million in 2023 and is expected to reach USD 948.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 17.3% by 2030.
- In terms of segment, 2d model accounted for a revenue of USD 191.1 million in 2023.
- 3D Model is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 310.8 million |
| Market revenue in 2030 | USD 948.1 million |
| Growth rate | 17.3% (CAGR from 2023 to 2030) |
| Largest segment | 2d model |
| Fastest growing segment | 3D Model |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2D Model, 3D Model |
Other key industry trends
- In terms of revenue, the North America accounted for 44.3% of the global in vitro lung model market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 1.2 million by 2030.
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In Vitro Lung Model Market Scope
In Vitro Lung Model Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| HESKA | View profile | 501-1000 | Loveland, Colorado, United States, North America | http://heska.com |
| Kareo | View profile | 501-1000 | Irvine, California, United States, North America | http://www.kareo.com |
| NXGN | View profile | 11-50 | Chicago, Illinois, United States, North America | http://nxgn.io/ |
| Zoetis | View profile | 10001+ | Parsippany, New Jersey, United States, North America | https://www.zoetis.com |
| Indian Immunologicals | View profile | 1001-5000 | Hyderabad, Andhra Pradesh, India, Asia | https://indimmune.com |
| Boehringer Ingelheim | View profile | 10001+ | Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe | https://www.boehringer-ingelheim.com/ |
| IDEXX Laboratories Inc | View profile | 11000 | One IDEXX Drive, Westbrook, ME, United States, 04092 | https://www.idexx.com |
| Elanco Animal Health Inc | View profile | 9800 | 2500 Innovation Way, Greenfield, IN, United States, 46140 | https://www.elanco.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| Virbac SA | View profile | 5400 | 2065m LID, 1 ere avenue, Carros, France, 06516 | https://www.virbac.com |
Global in vitro lung model market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to in vitro lung model market will help companies and investors design strategic landscapes.
2d model was the largest segment with a revenue share of 61.49% in 2023. Horizon Databook has segmented the Global in vitro lung model market based on 2d model, 3d model covering the revenue growth of each sub-segment from 2018 to 2030.
- Global In Vitro Lung Model Type Outlook (Revenue, USD Million, 2018-2030)
- 2D Model
- 3D Model
- Global In Vitro Lung Model Application Outlook (Revenue, USD Million, 2018-2030)
- Drug Discovery and Toxicology Studies
- Physiological Research
- 3D Model Development
- Others
- Global In Vitro Lung Model End Use Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical and Biotechnology Companies
- Academic and Research Institutes
- Others
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Target buyers of Global in vitro lung model market databook
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Our clientele includes a mix of in vitro lung model market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global in vitro lung model market, including forecasts for subscribers. This global databook contains high-level insights into Global in vitro lung model market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global in vitro lung model market report size, by regions, 2018-2030 (US$M)
Top 10 countries: In vitro lung model market report size, 2023 (US$M)
Global in vitro lung model market report share, by type, 2023 & 2030 (%, US$M)
In vitro lung model market: Opportunity assessment by country
Global in vitro lung model market, by region, 2023 (US$M)
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