South Africa In Vitro Lung Model Market Size & Outlook

The in vitro lung model market in South Africa is expected to reach a projected revenue of US$ 3.1 million by 2030. A compound annual growth rate of 12.5% is expected of South Africa in vitro lung model market from 2024 to 2030.
Revenue, 2023 (US$M)
$1.4
Forecast, 2030 (US$M)
$3.1
CAGR, 2024 - 2030
12%
Report Coverage
South Africa

South Africa in vitro lung model market highlights

  • The South Africa in vitro lung model market generated a revenue of USD 1.4 million in 2023 and is expected to reach USD 3.1 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 12.5% 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.

In vitro lung model market data book summary

Market revenue in 2023USD 1.4 million
Market revenue in 2030USD 3.1 million
Growth rate12.5% (CAGR from 2023 to 2030)
Largest segment2d model
Fastest growing segment3D Model
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, South Africa accounted for 0.4% of the global in vitro lung model market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, Saudi Arabia in vitro lung model market is projected to lead the regional market in terms of revenue in 2030.
  • UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.6 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

In Vitro Lung Model Market Companies

Name Profile # Employees HQ Website

South Africa 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 57.14% in 2023. Horizon Databook has segmented the South Africa in vitro lung model market based on 2d model, 3d model covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Africa In Vitro Lung Model Type Outlook (Revenue, USD Million, 2018-2030)
    • 2D Model
    • 3D Model
  • South Africa In Vitro Lung Model Application Outlook (Revenue, USD Million, 2018-2030)
    • Drug Discovery and Toxicology Studies
    • Physiological Research
    • 3D Model Development
    • Others
  • South Africa In Vitro Lung Model End Use Outlook (Revenue, USD Million, 2018-2030)
    • Pharmaceutical and Biotechnology Companies
    • Academic and Research Institutes
    • Others

Reasons to subscribe to South Africa in vitro lung model market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of South Africa 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 country-level data and insights on the South Africa in vitro lung model market, including forecasts for subscribers. This country databook contains high-level insights into South Africa in vitro lung model market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

South Africa in vitro lung model market report size, by type, 2018-2030 (US$M)

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

South Africa in vitro lung model market report size, by type, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more