Europe In Vitro Lung Model Market Size & Outlook, 2023-2030

The in vitro lung model market in Europe is expected to reach a projected revenue of US$ 269.8 million by 2030. A compound annual growth rate of 17.6% is expected of Europe in vitro lung model market from 2024 to 2030.
Revenue, 2023 (US$M)
$86.5
Forecast, 2030 (US$M)
$269.8
CAGR, 2024 - 2030
17.6%
Report Coverage
Europe

Europe in vitro lung model market highlights

  • The Europe in vitro lung model market generated a revenue of USD 86.5 million in 2023.
  • The market is expected to grow at a CAGR of 17.6% from 2024 to 2030.
  • In terms of segment, 2d model was the largest revenue generating type in 2023.
  • 3D Model is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 86.5 million
Market revenue in 2030USD 269.8 million
Growth rate17.6% (CAGR from 2023 to 2030)
Largest segment2d model
Fastest growing segment3D Model
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentation2D Model, 3D Model
Key market players worldwideZoetis, Boehringer Ingelheim, Merck & Co Inc, Virbac SA, Elanco Animal Health Inc, IDEXX Laboratories Inc, HESKA, Indian Immunologicals, Kareo, NXGN

Other key industry trends

  • In terms of revenue, Europe region accounted for 27.8% of the global in vitro lung model market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 229.4 million by 2030.

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In Vitro Lung Model Market Companies

Name Profile # Employees HQ Website

Europe 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 60.92% in 2023. Horizon Databook has segmented the Europe in vitro lung model market based on 2d model, 3d model covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe In Vitro Lung Model Type Outlook (Revenue, USD Million, 2018-2030)
    • 2D Model
    • 3D Model
  • Europe In Vitro Lung Model Application Outlook (Revenue, USD Million, 2018-2030)
    • Drug Discovery and Toxicology Studies
    • Physiological Research
    • 3D Model Development
    • Others
  • Europe 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 Europe in vitro lung model market databook

  • Our clientele includes a mix of in vitro lung model market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 continent-level data and insights on the Europe in vitro lung model market, including forecasts for subscribers. This continent databook contains high-level insights into Europe in vitro lung model market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe in vitro lung model market report size, by country, 2018-2030 (US$M)

Europe In Vitro Lung Model Market Share, 2023 & 2030 (US$M)

Europe in vitro lung model market report size, by country, 2018-2030 (US$M)

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