Edit Content

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global In Vitro Lung Model Market to reach USD 981.37 million by 2028.

Global In Vitro Lung Model Market to reach USD 981.37 million by 2028.

Product Code: HLSDT-65300840
Publish Date: 23-03-2022
Page: 200

Global In Vitro Lung Model Market is valued approximately USD 317.37 million in 2021 and is anticipated to grow with a healthy growth rate of more than 17.5% over the forecast period 2022-2028.

The in vitro lung model is a cell model that elaborates the normal or diseased lung physiology. This model works like lung tissue, in terms of functionality and physiology, and also facilitates a prognostic for in vitro screening. Animal testing is the most prevalent model that is highly used to analyze the impact of various diseases but with the rising inclination for reducing animal experimentation, in vitro alternatives are gaining huge traction among researchers and scientists. The growing focus on developing substitutes for animal testing models, continuous technological developments of new 3D in vitro models, availability of funding coupled with rising incidences of chronic diseases such as asthma, lung cancer, and COPD are the major factors that are surging the market demand across the globe. As per the WHO, chronic obstructive pulmonary disease (COPD) is the third major reason of fatalities worldwide, which leads to 3.23 million fatalities in 2019. Moreover, as per the American Lung Association, there were nearly 15.3 million people were diagnosed with COPD in 2017 and the amount reached 16.4 million people in 2018. Therefore, rising incidences of lung-associated diseases are fueling the demand for the in vitro lung model in the impending years. However, the shortage of skilled professionals and complex processes for in vitro models impedes the growth of the market over the forecast period of 2022-2028. Also, the growing number of drug discovery activities and rising applications in oncology research, tissue engineering, and regenerative medicine is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global In Vitro Lung Model market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of R&D activities by pharmaceutical and biotechnology companies and the presence of the leading market players. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as increasing government initiatives, as well as developing health care infrastructure, would create lucrative growth prospects for the In Vitro Lung Model market across the Asia-Pacific region.

Major market players included in this report are:
Epithelix Sàrl
MatTek Corporation
Lonza Group
ATCC Company
InSphero AG
Emulate Company
AlveoliX AG
Oncotheis Ltd.
TissUse GmbH
CN Bio Innovations Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Components offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
2D Models
3D Models
By Application:
Applications of 2D Models
Drug Discovery and Toxicology
3D Model Development
Basic Research
Applications of 3D Models
Drug Discovery and Toxicology
Physiological Research
Stem Cell Research and Regenerative Medicine
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global In Vitro Lung Model Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Global In Vitro Lung Model Market, by Region, 2020-2028 (USD Million)
1.2.2. Global In Vitro Lung Model Market, by Type, 2020-2028 (USD Million)
1.2.3. Global In Vitro Lung Model Market, by Application, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global In Vitro Lung Model Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global In Vitro Lung Model Market Dynamics
3.1. In Vitro Lung Model Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Rising focus on developing alternatives for animal testing models Technological advancements and the development of new 3D In-vitro models
3.1.2. Market Challenges Shortage of skilled professionals Complex in vitro models process
3.1.3. Market Opportunities Increasing number of drug discovery activities Rising applications in oncology research, tissue engineering, and regenerative medicine
Chapter 4. Global In Vitro Lung Model Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global In Vitro Lung Model Market, by Type
6.1. Market Snapshot
6.2. Global In Vitro Lung Model Market by Type, Performance – Potential Analysis
6.3. Global In Vitro Lung Model Market Estimates & Forecasts by Type 2019-2028 (USD Million)
6.4. In Vitro Lung Model Market, Sub Segment Analysis
6.4.1. 2D Models
6.4.2. 3D Models
Chapter 7. Global In Vitro Lung Model Market, by Application
7.1. Market Snapshot
7.2. Global In Vitro Lung Model Market by Application, Performance – Potential Analysis
7.3. Global In Vitro Lung Model Market Estimates & Forecasts by Application2019-2028 (USD Million)
7.4. In Vitro Lung Model Market, Sub Segment Analysis
7.4.1. Applications of 2D Models Drug Discovery and Toxicology 3D Model Development Basic Research
7.4.2. Applications of 3D Models Drug Discovery and Toxicology Physiological Research Stem Cell Research and Regenerative Medicine
Chapter 8. Global In Vitro Lung Model Market, Regional Analysis
8.1. In Vitro Lung Model Market, Regional Market Snapshot
8.2. North America In Vitro Lung Model Market
8.2.1. U.S. In Vitro Lung Model Market Type estimates & forecasts, 2019-2028 Application estimates & forecasts, 2019-2028
8.2.2. Canada In Vitro Lung Model Market
8.3. Europe In Vitro Lung Model Market Snapshot
8.3.1. U.K. In Vitro Lung Model Market
8.3.2. Germany In Vitro Lung Model Market
8.3.3. France In Vitro Lung Model Market
8.3.4. Spain In Vitro Lung Model Market
8.3.5. Italy In Vitro Lung Model Market
8.3.6. Rest of Europe In Vitro Lung Model Market
8.4. Asia-Pacific In Vitro Lung Model Market Snapshot
8.4.1. China In Vitro Lung Model Market
8.4.2. India In Vitro Lung Model Market
8.4.3. Japan In Vitro Lung Model Market
8.4.4. Australia In Vitro Lung Model Market
8.4.5. South Korea In Vitro Lung Model Market
8.4.6. Rest of Asia Pacific In Vitro Lung Model Market
8.5. Latin America In Vitro Lung Model Market Snapshot
8.5.1. Brazil In Vitro Lung Model Market
8.5.2. Mexico In Vitro Lung Model Market
8.6. Rest of The World In Vitro Lung Model Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Epithelix Sàrl Key Information Overview Financial (Subject to Data Availability) Components Summary Recent Developments
9.2.2. MatTek Corporation
9.2.3. Lonza Group
9.2.4. ATCC Company
9.2.5. InSphero AG
9.2.6. Emulate Company
9.2.7. AlveoliX AG
9.2.8. Oncotheis Ltd.
9.2.9. TissUse GmbH
9.2.10. CN Bio Innovations Ltd.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now