The "In Vitro Lung Model - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The In Vitro Lung Model market worldwide is projected to grow by US$404.9 Million, driven by a compounded growth of 17.9%.
2D, one of the segments analyzed and sized in this study, displays the potential to grow at over 17.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$367.6 Million by the year 2025, 2D will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 19.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$15.6 Million to the region's size and clout in the next 5 to 6 years. Over US$19.4 Million worth of projected demand in the region will come from the rest of the European markets.
In Japan, 2D will reach a market size of US$26.5 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 17.6% over the next couple of years and add approximately US$71.1 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- CN Bio Innovations Ltd.
- Emulate Inc.
- Epithelix Sarl
- InSphero AG
- Lonza Group AG
- MatTek Corporation
- Mimetas
- TissUse GmbH
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View source version on businesswire.com: https://www.businesswire.com/news/home/20191129005373/en/
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