Patient-Derived Xenograft Model Market Overview:
Patient-Derived Xenograft (PDX) Models Market was valued at $170 million US dollars. According to projections by the AMR Group, this market is expected to grow significantly, reaching US$ 512.4 million by the year 2031. The growth is forecasted to occur at a Compound Annual Growth Rate (CAGR) of 13.2 percent between 2022 and 2031.
The development of Patient-Derived Xenograft (PDX) models has been increasingly popular recently, mostly due to the anticipation that these systems provide more relevance than standard mouse or cell line models. It is thought that they offer preclinical therapy platforms that are more predictive and enlightening. Personalized PDX avatars have the potential to predict and even direct patient-specific cancer treatments, as recent research have shown. Preserving each case’s unique molecular characteristics is essential to PDX models’ ability to function as authentic mouse avatars.
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Market Dynamics:
The global increase in cancer incidence and increased research and development spending by major industry participants in the pursuit of new PDX Model product development are the main factors driving the growth of the Patient-Derived Xenograft (PDX) Model market. The GLOBOCAN Report 2020 states that 9,958,133 cancer-related deaths and about 19,292,789 new cancer cases were reported worldwide. Breast cancer, lung cancer, colorectal cancer, and prostate cancer are among the most common cancers.
Additionally, governments everywhere are stepping up their campaigns to promote early detection techniques and increase public awareness of cancer. The PDX Model market is anticipated to grow as a result of the increased emphasis on early detection and cancer awareness, which highlights the significance of cutting-edge research instruments and technologies in comprehending and addressing this complicated disease.
Using in person activity of novel anti-cancer therapeutic applications has consistently been assessed using the mouse model of cancer before they are developed clinically and tested on humans. Rising cancer cases and programs pertaining to cancer diagnosis and treatment are hence anticipated to propel market expansion throughout the projected timeframe.
Market Segments:
The market is divided into four main segments based on the type of tumour employed in the patient-derived xenograft model process: lung cancer, pancreatic cancer, prostate cancer, breast cancer, and other cancers. It is further divided into categories based on how it is used and processed. The patient-derived xenograft model market is divided into two segments: mice type and rats type. In the Patient-Derived Xenograft Model market in 2021, the mice model type segment had the highest revenue share of 70.4% among the other model type segments. The primary reason for this segment’s high market share is that mice are the most popular mammalian model used to study human disease and health.
The study’s time, money, and space requirements are kept to a minimum because to the mice’s rapid reproduction cycle and extended lifespan—one mouse year is roughly comparable to thirty human years.
Academic & Research Institutes, Pharmaceutical and Biotechnology Companies, and CROs & CDMOs are the further segments of the patient-derived xenograft model market.
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Market Regional Analysis:
Geographically, the Patient-Derived Xenograft Model market is dominated by North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa. North America leads the world market for patient-derived xenograft models because to reasons like rising cancer cases, increased funding from the public and private sectors, and the presence of large firms in the region. A grant of USD 350,000 was given to Precision Oncology Research by the Breast Cancer Society of Canada in 2022.
Asia Pacific is anticipated to have a higher due to the region’s increasing cancer prevalence. The report’s nation section additionally covers specific market-impacting variables and regulatory modifications that have an impact on both present and future market trends.
Top Leading Companies Involved in this market are:
- Aragon Bioscience
- Bio cryogen
- Bindura
- Champions Oncology, Inc.
- Charles River Laboratories, Inc.
- Covance Inc.
- Creative Antimodel
- Crown Bioscience, Inc.
- EPO Berlin-Bunch GmbH
- Explore Bio Labs
- Gem Pharma Tech Co., Ltd.
- The Jackson Laboratory
- Unrolled,
- Jentech among others.
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