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Preclinical Oncology Models Market - Recent Innovations and Upcoming Trends Analysis
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InsightAce Analytic's most recent study projects that the global market for preclinical oncology models will be worth US$1.02 billion by 2021. With a prediction period of 2024-2030 and a compound annual growth rate of 10.6%, it is anticipated to reach US$2.46 billion by 2030. Researchers need to use preclinical oncology models to predict the clinical efficacy of novel anticancer medications. The growing need for cancer immunotherapy has brought about many preclinical and translational challenges.
Preclinical models are essential for precisely screening anticancer medications with strong clinical associations. Growth in immuno-oncology, rising targeted and novel cancer therapies, increased oncology-related R&D activities, high demand for dependable preclinical oncology models, such as humanized and syngeneic tumour models, and the increasing need to lower translational failures in clinical trials are expected to fuel the market growth. Preclinical oncology model sales are also aided by the need for combination medications to be logically designed and the early discovery of predictive biomarkers.
Preclinical cancer models are becoming increasingly popular because of the need for logical combination therapy design, early identification of predictive biomarkers, and utilizing the phenotypic elements of models. The advent of immuno-oncology treatments such as immune checkpoint modulators, T-cell therapy, bispecific antibodies, and customized cancer vaccines requires creating innovative preclinical and translational service solutions.
Several competitors offer services in both domestic and international markets, resulting in a fragmented market for preclinical oncology models. Due to the necessity of preclinical oncology models, increased funding for cancer research, and a high demand for cancer immunotherapies, North America is expected to contribute to the market for preclinical oncology models. Furthermore, a notable growth in the Asia Pacific Preclinical Oncology Models market is anticipated.
The main factors propelling the regional market expansion are the advancement of cancer therapeutic and diagnostic technologies, the growing need for targeted medications, and the escalating R&D efforts in oncology clinical trials by industry players. Aragen Bioscience, vivoPharm Pty. Ltd., Bioduro, Crown Bioscience Inc., Charles River, Champion Oncology, Inc., Envigo, GenOway S.A., Hera BioLabs, MI Bioresearch Inc., Pharmatest Services, Taconic Biosciences, Inc., and The Jackson Laboratory are some of the primary industry participants in the Preclinical Oncology Models market.
Recent collaborations and agreements in the market:
• In December 2021, the Crown Bioscience facility in the United Kingdom grew. Crown Bioscience is a top contract research organization (CRO) for preclinical and translational drug development services. This expansion provides more imaging options to help observe and comprehend the course of the tumor and its response to potential treatments. The new imaging platform enables the execution of state-of-the-art preclinical research, providing advanced insights on possible medication candidates before clinical trials.
• In February 2021, Kibur Medical and Charles River Laboratories International, Inc. collaborated to give in vivo preclinical oncology studies exclusive access to their implantable microdevice (IMD).
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Market Segments
Global Preclinical Oncology Models Market, by Product, 2022-2030 (Value US$ Mn)
• Patient-Derived Xenograft Models (PDX)
• Cell Line Derived Xenograft Models
• Syngeneic Models
• Genetically engineered mouse models (GEMMs)
• Orthotopic Models
• Custom Xenograft and Syngeneic Model
• Others
Global Preclinical Oncology Models Market, by Application, 2022-2030 (Value US$ Mn)
• Neuroblastoma
• Prostate Cancer
• Pancreatic Cancer
• Breast Cancer
• Colorectal Cancer
• Bladder Cancer
• Fibrosarcoma
• Kidney Cancer
• Liver Cancer
• Lung Cancer
• Lymphoma
• Skin Cancer
• Others
Global Preclinical Oncology Models Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Preclinical Oncology Models Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Preclinical Oncology Models Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Preclinical Oncology Models Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Preclinical Oncology Models Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Preclinical Oncology Models Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global Preclinical Oncology Models market
To receive an industry overview and future trends of the Preclinical Oncology Models market
To analyze the Preclinical Oncology Models market drivers and challenges
To get information on the Preclinical Oncology Models market value (US$ Mn) forecast to 2030
Significant investments, mergers & acquisitions in the Preclinical Oncology Models market industry
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