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

The in vitro lung model market in Sweden is expected to reach a projected revenue of US$ 14.9 million by 2030. A compound annual growth rate of 17.5% is expected of Sweden in vitro lung model market from 2024 to 2030.
Revenue, 2023 (US$M)
$4.8
Forecast, 2030 (US$M)
$14.9
CAGR, 2024 - 2030
17.6%
Report Coverage
Sweden

Sweden in vitro lung model market highlights

  • The Sweden in vitro lung model market generated a revenue of USD 4.8 million in 2023 and is expected to reach USD 14.9 million by 2030.
  • The Sweden market is expected to grow at a CAGR of 17.5% 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 4.8 million
Market revenue in 2030USD 14.9 million
Growth rate17.5% (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, Sweden accounted for 1.5% 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 Europe, UK in vitro lung model market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 107.1 million by 2030.

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In Vitro Lung Model Market Companies

Name Profile # Employees HQ Website

Sweden 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 60.42% in 2023. Horizon Databook has segmented the Sweden in vitro lung model market based on 2d model, 3d model covering the revenue growth of each sub-segment from 2018 to 2030.


  • Sweden In Vitro Lung Model Type Outlook (Revenue, USD Million, 2018-2030)
    • 2D Model
    • 3D Model
  • Sweden In Vitro Lung Model Application Outlook (Revenue, USD Million, 2018-2030)
    • Drug Discovery and Toxicology Studies
    • Physiological Research
    • 3D Model Development
    • Others
  • Sweden 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 Sweden 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 Sweden in vitro lung model market, including forecasts for subscribers. This country databook contains high-level insights into Sweden in vitro lung model market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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