Patient-Derived Xenograft/PDX Model Market

Patient-Derived Xenograft/PDX Model Market worth $299 million by 2026

The report "Patient-Derived Xenograft/PDX Model Market by Type (Mouse, Rat), Tumor Type (Gastrointestinal, Gynecological, Hematological), Application (Preclinical Drug Development, Biomarker analysis), End User (Pharma, Biotech, CROs) - Global Forecast to 2026" The global Patient-Derived Xenograft/PDX models market size is projected to reach USD  299 million by 2026 from USD  140 million in 2021, at a CAGR of 16.4% during the forecast period. Market growth is driven mainly by factors such as growing demand for personalized medicine, continuous support for cancer research, and growth in pharma R&D. Rising demand for humanized PDX models is expected to provide growth opportunity for players in the PDX models market. However, the high cost of personalized PDX models, stringent guidelines regarding the ethical use of animals in cancer research, and limitations associated with PDX models are expected to restrain the growth of this market to a certain extent during the forecast period.

Browse 126 market data Tables and 34 Figures spread through 287 Pages and in-depth TOC on "Patient-Derived Xenograft/PDX Model Market by Type (Mouse, Rat), Tumor Type (Gastrointestinal, Gynecological, Hematological), Application (Preclinical Drug Development, Biomarker analysis), End User (Pharma, Biotech, CROs) - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/patient-derived-xenograft-model-market-121598251.html

The mice models segment accounted for the largest share of the type segment in the PDX models market in 2020.

On the basis of type, the PDX models market is broadly segmented into mice models and rat models. In 2020, mice models accounted for the largest share of the PDX models market. This can primarily be attributed to factors such as ease of procurement, ease of manipulation, and the minimum facility requirement for keeping mice models under observation compared to rats is driving their use in the generation of PDX models.

The preclinical drug development segment accounted for the largest share of the application segment in the PDX models market in 2020.

Based on application, the PDX models market is categorized into three segments—preclinical drug development, biomarker analysis, and basic cancer research. The preclinical drug development application segment accounted for the largest share of the PDX models market in 2020. The key factor driving this segments growth is the rising number of clinical trials every year.

The Asia Pacific region is the fastest-growing region of the PDX models market in2020.

In 2020, Asia Pacific region accounted for the fastest-growing region of the PDX models market. It is also estimated to grow at the highest CAGR in the PDX models market during the forecast period, this is mainly due to factors such as increasing pharmaceutical R&D spending, the growing trend of outsourcing drug discovery services, growing life sciences research, and increasing government initiatives for healthcare research.

Some of the prominent players in the PDX models market are JSR Corporation (Japan), WuXi AppTec (China), Champions Oncology, Inc. (US), The Jackson Laboratory (US), Oncodesign (France), Charles River Laboratories (US), Hera Biolabs (US), EPO Berlin-Buch (Germany), Envigo (US), Xentech (France), Urosphere (France), and Explora BioLabs (US).

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Report Code
BT 5576
PR Published ON
4/19/2021
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