Press release
Patient-Derived Xenograft Model Market Growing At A CAGR Of 13.2 Percent Between 2022 And 2031
In 2021, the market for Patient-Derived Xenograft Model worldwide was worth $170 million US dollars. AMR Group projects that the market will reach US$ 512.4 million by 2031, growing at a CAGR of 13.2 percent between 2022 and 2031.This patient-derived xenografts market report provides information on recent developments, trade regulations, import-export analysis, production analysis, value chain optimisation, market share, and the impact of domestic and local market players. It also analyses opportunities in terms of new revenue pockets, regulatory changes, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, and product launches. To learn more about the patient-derived xenografts market, get in touch with us for an analyst brief. Our staff will assist you in making an informed choice to help the industry expand.
Market Overview:
The primary factors driving market expansion include a rise in the demand from consumers for tailored pharmaceuticals, a continuation of governmental and private funding for cancer research, and an increase in the number of R&D initiatives being undertaken by the pharmaceutical sector. Writing the Clinical Plan and preparing the drug product, including accompanying paperwork, are preclinical development processes that must adhere to strict FDA Good Manufacturing regulations. Government initiatives, such the National Institutes of Health's Small Business Innovative Research and Small Business Technology Transfer Grants, offer cash and support to applicants for the creation of their pre-clinical programmes and related materials. In the future years, there will be a rise in demand for patient-derived xenograft (PDX) models on a global scale.
The data gathered by PDX can also be used to choose the best PDX habitats and models for in vivo efficacy studies, saving time and money in the process. The PDX model can be created by directly implanting malignant tissue from the tumour in an immune-compromised animal while preserving the interactions between the cell and tumour microenvironments. The PDX model has showed advantages in drug testing, biomarker identification, and co-clinical studies as a pre-clinical model. Rat models will be used to create PDX models as immunodeficient rats start to appear.
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Key players operating in the global Patient-Derived Xenograft Model market are :
Aragen Bioscience, Biocytogen, Bioduro, Champions Oncology, Inc., Charles River Laboratories, Inc., Covance Inc., Creative Animodel, Crown Bioscience, Inc., EPO Berlin-Buch GmbH, Explora BioLabs, GemPharmatech Co., Ltd., Hera BioLabs, Horizon discovery Ltd., Oncodesign, Pharmatest Services Ltd., The Jackson Laboratory, Urolead, Urospehere SAS, Wuxi AppTec, Xenopat and Xentech among others. Recently, GemPharmatech (GemPharmatech Co., Ltd.) announced in July 2022 that it has signed a strategic licence agreement with Charles River Laboratories, Inc. for the exclusive spread of its next-generation NOD CRISPR Prkdc Il2r gamma (NCG) mouse lines in North America. Beginning in 2023, Charles River will establish foundation colonies with commercially available models.
Market Segmentation:
Based upon the Tumor Type used in Patient-Derived Xenograft Model market is segmented into major segments of Lung Cancer, Pancreatic Cancer, Prostate Cancer, Breast Cancer and Other Cancer in the Patient-Derived Xenograft Model process. Further it is categorized according to its process and utilization. Based on Model Type, the Patient-Derived Xenograft Model market is segmented into Mice Type and Rats Type. Among the Model Type segments, mice model type segment accounted for the maximum revenue share of 70.4% in 2021 of the Patient-Derived Xenograft Model market. The major factors contributing to the large market share of this segment as the mouse is the foremost mammalian model for examining human illness and health. The mice have a quick reproductive cycle and a long lifespan (one mouse year is equivalent to approximately 30 human years), which keeps the cost, time, and space required for the study manageable.
The Patient-Derived Xenograft Model market is further segmented into Pharmaceutical and Biotechnology Companies, Academic & Research Institutes, as well as CROs & CDMOs. CROs and CDMOs had the highest revenue share of 43.5% and is expected to grow the fastest during the forecast period. Factors driving this segment's large market share include high mergers and acquisitions, service expansion, and pharmaceutical and biopharmaceutical companies outsourcing their research activities, all of which will contribute to the segment's growth.
By Tumor Type
• Lung Cancer
• Pancreatic Cancer
• Prostate Cancer
• Breast Cancer
• Other Cancer
By Model Type
• Mice Type
• Rats Type
By End User
• Pharmaceutical & Biotechnology Companies
• Academic & Research Institutes
• CROs & CDMOs
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Regional Trend:
Geographically, North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa account for the majority of the global Patient-Derived Xenograft Model market. Because of factors such as rising cancer cases, increased private and public sector investments, and the presence of major players in the region, North America dominates the Patient-Derived Xenograft Model market globally. The Breast Cancer Society of Canada, awarded Precision Oncology Research a USD 350,000 grant in 2022. The selected breast cancer research project will focus on advancements in screening, detection, precision oncology, and patient-reported outcomes, with the goal of improving the care of Canadian women with breast cancer.
The rising desire for personalised medication, ongoing public and private financing for cancer research, and an increase in R&D efforts in the pharmaceutical industry are the main factors fueling the expansion of this market. The market is comprehensively evaluated in the study on the global patient-derived xenograft (PDX) models market. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.
The patient derived xenografts market report's country section additionally lists specific market-impacting variables and domestic regulatory changes that have an impact on the market's present and future trends. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as a future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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