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Oncology Based In-Vivo CRO Market Report : By Size, Trends And Global Forecast 2023-2032 | Crown Bioscience, Toxicon Inc., The Jackson Laboratory, ICON Plc., Wuxi AppTec.
Oncology Based In-Vivo CRO Market Trends
The Business Research Company's Oncology Based In-Vivo CRO Global Market Report 2023 identifies The growing prevalence of cancer is the major driver for the Oncology Based In-Vivo CRO market's growth in the forecast period. With the increasing prevalence of cancer, the demand for innovative treatments and therapies has also increased, driving the growth of the oncology-based in-vivo CRO market. For instance, in 2021, according to the journal published by the American Chemical Society (ACS), a US-based non-profit organization that supports scientific inquiry in the field of chemistry, the global burden of cancer is expected to be 28.4 million cases in 2040, a 47% rise from 2020.
The global oncology-based in-vivo CRO market size is expected to grow from $1.18 billion in 2022 to $1.27 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global oncology-based in-vivo CRO market size is expected to reach $1.79 billion in 2027 at a CAGR of 8.9%.
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Major competitors in the Oncology Based In-Vivo CRO market are Crown Bioscience, Charles River Laboratory International, Toxicon Inc., The Jackson Laboratory, ICON Plc., Wuxi AppTec., Eurofins Scientific Group, Taconic Biosciences Inc., Labcorp Drug Development, Champion Oncology Inc., Xentech Inc., Thermo Fisher Scientific Inc., MI Bioresearch Inc., Clintec International Private Limited, Worldwide Clinical Trials, Pharm-Olam LLC and Clinipace Clinical Research Private Limited.
A key trend in the Oncology Based In-Vivo CRO market includes Product innovations. Major companies operating in the oncology-based in vivo CRO market are focused on developing new solutions to sustain their position in the market. In October 2021, Crown Bioscience, a CRO that provides discovery, preclinical, and translational platforms and services, launched the "3D Ex Vivo Patient Tissue Platform" for improving response predictability to immuno-oncology drug candidates. The platform combines phenotypic three-dimensional models of fresh patient tumors with high-content imaging analysis, providing relevant analysis of drug responses that enables candidate selection and clinical program design.
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The Oncology Based In-Vivo CRO market is segmented -
By Indication: Blood Cancer, Solid Tumors, Other Indications
By Model: Syngeneic Model, Xenograft, Patient Derived Xenograft (PDX), Other Models
By Application: Hospitals, Rehabilitation Centers
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Oncology Based In-Vivo CRO market.
The Business Research Company's "Global Oncology Based In-Vivo CRO Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Oncology Based In-Vivo CRO Market Include:
1. Executive Summary
2. Oncology Based In-Vivo CRO Market Characteristics
3. Oncology Based In-Vivo CRO Market Trends And Strategies
4. Oncology Based In-Vivo CRO Market - Macro Economic Scenario
5. Oncology Based In-Vivo CRO Market Size And Growth
……
26. Africa Oncology Based In-Vivo CRO Market
27. Oncology Based In-Vivo CRO Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Oncology Based In-Vivo CRO Market
29. Oncology Based In-Vivo CRO Market Future Outlook and Potential Analysis
30. Appendix
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