In Vitro Lung Model Market Size, Share 2021, Impressive Industry Growth Report 2027
The Global In Vitro Lung Model Market was valued at USD 166.5 Million in 2017 and is expected to reach USD 427.4 Million by 2027, at a CAGR of 17% during the forecast period 2021-2027.
Lung in vitro models are defined as cellular models that represent normal or diseased lung physiology. The human lung is a fragile organ and is the main gateway for the entry and exit of aerosolized substances and gases. Animal testing is still the most popular model used to study a variety of diseases, but the need for realistic and well-accepted in vitro alternatives to reduce animal testing has been raised. In vitro lung models can be established by culturing epithelial cells, macrophages, and dendritic cells favorable to the culture medium.
Market Segments
By Type
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- 2D Models
- 3D Models
By Application
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- Applications of 2D Models
- Applications of 3D Models
Key Players
The major players in the lung in vitro models market include Epithelix (Switzerland), MatTek Corporation (US), Lonza (Switzerland), ATCC (US), InSphero (Switzerland), Emulate (US), AlveoliX (Switzerland), Oncotheis (Switzerland), Insphero (Switzerland), TissUse (Switzerland), Mimetas (Netherlands), and CN Bio Innovations (UK).
Scope of the Report
The research study analyzes the global In Vitro Lung Model industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by In Vitro Lung Model Market Report
1. What was the In Vitro Lung Model Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the In Vitro Lung Model Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the In Vitro Lung Model Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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