Animal model is a living, non-human animal used during the research and investigation of human disease, for the purpose of better understanding the disease without the added risk of harming an actual human being during the process. Animal models have been used to address a variety of scientific questions, from basic science to the development and assessment of novel vaccines, or therapies. The use of animals is not only based on the vast commonalities in the biology of most mammals, but also on the fact that human diseases often affect other animal species. It is particularly the case for most infectious diseases but also for very common conditions such as Type I diabetes, hypertension, allergies, cancer, epilepsy, myopathies and so on. Not only are these diseases shared but the mechanisms are often also so similar that 90% of the veterinary drugs used to treat animals are identical or very similar to those used to treat humans.
This report aims to provide a comprehensive presentation of the global market for Animal Model Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Animal Model Services. This report contains market size and forecasts of Animal Model Services in global, including the following market information:
Global Animal Model Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Animal Model Services market was valued at US$ 3046.5 million in 2022 and is projected to reach US$ 4802.6 million by 2029, at a CAGR of 6.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of animal model services include Charles River Laboratories, Envigo, Taconic Biosciences, etc. The top three players hold a share about 40%. North America is the largest market, has a share about 39%, followed by Asia-Pacific and Europe, with share 28% and 25%, separately.
We surveyed the Animal Model Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Animal Model Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Animal Model Services Market Segment Percentages, by Type, 2022 (%)
Rats
Mice
Others
Global Animal Model Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Animal Model Services Market Segment Percentages, by Application, 2022 (%)
Academic & Research Institutes
Pharmaceutical & Biotechnology Companies
Global Animal Model Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Animal Model Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Animal Model Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Animal Model Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Charles River Laboratories
Envigo
Taconic Biosciences
Jackson Laboratory
Crown Biosciences
Shanghai SLAC
Shangghai Modelorg
GenOway
Syngene International
Psychogenics
Pharmaron
Pharmalegacy
Vitalstar Biotechnology
Outline of Major Chapters:
Chapter 1: Introduces the definition of Animal Model Services, market overview.
Chapter 2: Global Animal Model Services market size in revenue.
Chapter 3: Detailed analysis of Animal Model Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Animal Model Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Animal Model Services Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Animal Model Services Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Animal Model Services Overall Market Size
2.1 Global Animal Model Services Market Size: 2022 VS 2029
2.2 Global Animal Model Services Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Animal Model Services Players in Global Market
3.2 Top Global Animal Model Services Companies Ranked by Revenue
3.3 Global Animal Model Services Revenue by Companies
3.4 Top 3 and Top 5 Animal Model Services Companies in Global Market, by Revenue in 2022
3.5 Global Companies Animal Model Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 Animal Model Services Players in Global Market
3.6.1 List of Global Tier 1 Animal Model Services Companies
3.6.2 List of Global Tier 2 and Tier 3 Animal Model Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Animal Model Services Market Size Markets, 2022 & 2029
4.1.2 Rats
4.1.3 Mice
4.1.4 Others
4.2 By Type - Global Animal Model Services Revenue & Forecasts
4.2.1 By Type - Global Animal Model Services Revenue, 2018-2023
4.2.2 By Type - Global Animal Model Services Revenue, 2024-2029
4.2.3 By Type - Global Animal Model Services Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Animal Model Services Market Size, 2022 & 2029
5.1.2 Academic & Research Institutes
5.1.3 Pharmaceutical & Biotechnology Companies
5.2 By Application - Global Animal Model Services Revenue & Forecasts
5.2.1 By Application - Global Animal Model Services Revenue, 2018-2023
5.2.2 By Application - Global Animal Model Services Revenue, 2024-2029
5.2.3 By Application - Global Animal Model Services Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Animal Model Services Market Size, 2022 & 2029
6.2 By Region - Global Animal Model Services Revenue & Forecasts
6.2.1 By Region - Global Animal Model Services Revenue, 2018-2023
6.2.2 By Region - Global Animal Model Services Revenue, 2024-2029
6.2.3 By Region - Global Animal Model Services Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Animal Model Services Revenue, 2018-2029
6.3.2 US Animal Model Services Market Size, 2018-2029
6.3.3 Canada Animal Model Services Market Size, 2018-2029
6.3.4 Mexico Animal Model Services Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Animal Model Services Revenue, 2018-2029
6.4.2 Germany Animal Model Services Market Size, 2018-2029
6.4.3 France Animal Model Services Market Size, 2018-2029
6.4.4 U.K. Animal Model Services Market Size, 2018-2029
6.4.5 Italy Animal Model Services Market Size, 2018-2029
6.4.6 Russia Animal Model Services Market Size, 2018-2029
6.4.7 Nordic Countries Animal Model Services Market Size, 2018-2029
6.4.8 Benelux Animal Model Services Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Animal Model Services Revenue, 2018-2029
6.5.2 China Animal Model Services Market Size, 2018-2029
6.5.3 Japan Animal Model Services Market Size, 2018-2029
6.5.4 South Korea Animal Model Services Market Size, 2018-2029
6.5.5 Southeast Asia Animal Model Services Market Size, 2018-2029
6.5.6 India Animal Model Services Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Animal Model Services Revenue, 2018-2029
6.6.2 Brazil Animal Model Services Market Size, 2018-2029
6.6.3 Argentina Animal Model Services Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Animal Model Services Revenue, 2018-2029
6.7.2 Turkey Animal Model Services Market Size, 2018-2029
6.7.3 Israel Animal Model Services Market Size, 2018-2029
6.7.4 Saudi Arabia Animal Model Services Market Size, 2018-2029
6.7.5 UAE Animal Model Services Market Size, 2018-2029
7 Animal Model Services Companies Profiles
7.1 Charles River Laboratories
7.1.1 Charles River Laboratories Company Summary
7.1.2 Charles River Laboratories Business Overview
7.1.3 Charles River Laboratories Animal Model Services Major Product Offerings
7.1.4 Charles River Laboratories Animal Model Services Revenue in Global Market (2018-2023)
7.1.5 Charles River Laboratories Key News & Latest Developments
7.2 Envigo
7.2.1 Envigo Company Summary
7.2.2 Envigo Business Overview
7.2.3 Envigo Animal Model Services Major Product Offerings
7.2.4 Envigo Animal Model Services Revenue in Global Market (2018-2023)
7.2.5 Envigo Key News & Latest Developments
7.3 Taconic Biosciences
7.3.1 Taconic Biosciences Company Summary
7.3.2 Taconic Biosciences Business Overview
7.3.3 Taconic Biosciences Animal Model Services Major Product Offerings
7.3.4 Taconic Biosciences Animal Model Services Revenue in Global Market (2018-2023)
7.3.5 Taconic Biosciences Key News & Latest Developments
7.4 Jackson Laboratory
7.4.1 Jackson Laboratory Company Summary
7.4.2 Jackson Laboratory Business Overview
7.4.3 Jackson Laboratory Animal Model Services Major Product Offerings
7.4.4 Jackson Laboratory Animal Model Services Revenue in Global Market (2018-2023)
7.4.5 Jackson Laboratory Key News & Latest Developments
7.5 Crown Biosciences
7.5.1 Crown Biosciences Company Summary
7.5.2 Crown Biosciences Business Overview
7.5.3 Crown Biosciences Animal Model Services Major Product Offerings
7.5.4 Crown Biosciences Animal Model Services Revenue in Global Market (2018-2023)
7.5.5 Crown Biosciences Key News & Latest Developments
7.6 Shanghai SLAC
7.6.1 Shanghai SLAC Company Summary
7.6.2 Shanghai SLAC Business Overview
7.6.3 Shanghai SLAC Animal Model Services Major Product Offerings
7.6.4 Shanghai SLAC Animal Model Services Revenue in Global Market (2018-2023)
7.6.5 Shanghai SLAC Key News & Latest Developments
7.7 Shangghai Modelorg
7.7.1 Shangghai Modelorg Company Summary
7.7.2 Shangghai Modelorg Business Overview
7.7.3 Shangghai Modelorg Animal Model Services Major Product Offerings
7.7.4 Shangghai Modelorg Animal Model Services Revenue in Global Market (2018-2023)
7.7.5 Shangghai Modelorg Key News & Latest Developments
7.8 GenOway
7.8.1 GenOway Company Summary
7.8.2 GenOway Business Overview
7.8.3 GenOway Animal Model Services Major Product Offerings
7.8.4 GenOway Animal Model Services Revenue in Global Market (2018-2023)
7.8.5 GenOway Key News & Latest Developments
7.9 Syngene International
7.9.1 Syngene International Company Summary
7.9.2 Syngene International Business Overview
7.9.3 Syngene International Animal Model Services Major Product Offerings
7.9.4 Syngene International Animal Model Services Revenue in Global Market (2018-2023)
7.9.5 Syngene International Key News & Latest Developments
7.10 Psychogenics
7.10.1 Psychogenics Company Summary
7.10.2 Psychogenics Business Overview
7.10.3 Psychogenics Animal Model Services Major Product Offerings
7.10.4 Psychogenics Animal Model Services Revenue in Global Market (2018-2023)
7.10.5 Psychogenics Key News & Latest Developments
7.11 Pharmaron
7.11.1 Pharmaron Company Summary
7.11.2 Pharmaron Business Overview
7.11.3 Pharmaron Animal Model Services Major Product Offerings
7.11.4 Pharmaron Animal Model Services Revenue in Global Market (2018-2023)
7.11.5 Pharmaron Key News & Latest Developments
7.12 Pharmalegacy
7.12.1 Pharmalegacy Company Summary
7.12.2 Pharmalegacy Business Overview
7.12.3 Pharmalegacy Animal Model Services Major Product Offerings
7.12.4 Pharmalegacy Animal Model Services Revenue in Global Market (2018-2023)
7.12.5 Pharmalegacy Key News & Latest Developments
7.13 Vitalstar Biotechnology
7.13.1 Vitalstar Biotechnology Company Summary
7.13.2 Vitalstar Biotechnology Business Overview
7.13.3 Vitalstar Biotechnology Animal Model Services Major Product Offerings
7.13.4 Vitalstar Biotechnology Animal Model Services Revenue in Global Market (2018-2023)
7.13.5 Vitalstar Biotechnology Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Animal Model Services Market Opportunities & Trends in Global Market
Table 2. Animal Model Services Market Drivers in Global Market
Table 3. Animal Model Services Market Restraints in Global Market
Table 4. Key Players of Animal Model Services in Global Market
Table 5. Top Animal Model Services Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Animal Model Services Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Animal Model Services Revenue Share by Companies, 2018-2023
Table 8. Global Companies Animal Model Services Product Type
Table 9. List of Global Tier 1 Animal Model Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Animal Model Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Animal Model Services Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Animal Model Services Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Animal Model Services Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Animal Model Services Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Animal Model Services Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Animal Model Services Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Animal Model Services Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Animal Model Services Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Animal Model Services Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Animal Model Services Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Animal Model Services Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Animal Model Services Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Animal Model Services Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Animal Model Services Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Animal Model Services Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Animal Model Services Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Animal Model Services Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Animal Model Services Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Animal Model Services Revenue, (US$, Mn), 2024-2029
Table 30. Charles River Laboratories Company Summary
Table 31. Charles River Laboratories Animal Model Services Product Offerings
Table 32. Charles River Laboratories Animal Model Services Revenue (US$, Mn) & (2018-2023)
Table 33. Charles River Laboratories Key News & Latest Developments
Table 34. Envigo Company Summary
Table 35. Envigo Animal Model Services Product Offerings
Table 36. Envigo Animal Model Services Revenue (US$, Mn) & (2018-2023)
Table 37. Envigo Key News & Latest Developments
Table 38. Taconic Biosciences Company Summary
Table 39. Taconic Biosciences Animal Model Services Product Offerings
Table 40. Taconic Biosciences Animal Model Services Revenue (US$, Mn) & (2018-2023)
Table 41. Taconic Biosciences Key News & Latest Developments
Table 42. Jackson Laboratory Company Summary
Table 43. Jackson Laboratory Animal Model Services Product Offerings
Table 44. Jackson Laboratory Animal Model Services Revenue (US$, Mn) & (2018-2023)
Table 45. Jackson Laboratory Key News & Latest Developments
Table 46. Crown Biosciences Company Summary
Table 47. Crown Biosciences Animal Model Services Product Offerings
Table 48. Crown Biosciences Animal Model Services Revenue (US$, Mn) & (2018-2023)
Table 49. Crown Biosciences Key News & Latest Developments
Table 50. Shanghai SLAC Company Summary
Table 51. Shanghai SLAC Animal Model Services Product Offerings
Table 52. Shanghai SLAC Animal Model Services Revenue (US$, Mn) & (2018-2023)
Table 53. Shanghai SLAC Key News & Latest Developments
Table 54. Shangghai Modelorg Company Summary
Table 55. Shangghai Modelorg Animal Model Services Product Offerings
Table 56. Shangghai Modelorg Animal Model Services Revenue (US$, Mn) & (2018-2023)
Table 57. Shangghai Modelorg Key News & Latest Developments
Table 58. GenOway Company Summary
Table 59. GenOway Animal Model Services Product Offerings
Table 60. GenOway Animal Model Services Revenue (US$, Mn) & (2018-2023)
Table 61. GenOway Key News & Latest Developments
Table 62. Syngene International Company Summary
Table 63. Syngene International Animal Model Services Product Offerings
Table 64. Syngene International Animal Model Services Revenue (US$, Mn) & (2018-2023)
Table 65. Syngene International Key News & Latest Developments
Table 66. Psychogenics Company Summary
Table 67. Psychogenics Animal Model Services Product Offerings
Table 68. Psychogenics Animal Model Services Revenue (US$, Mn) & (2018-2023)
Table 69. Psychogenics Key News & Latest Developments
Table 70. Pharmaron Company Summary
Table 71. Pharmaron Animal Model Services Product Offerings
Table 72. Pharmaron Animal Model Services Revenue (US$, Mn) & (2018-2023)
Table 73. Pharmaron Key News & Latest Developments
Table 74. Pharmalegacy Company Summary
Table 75. Pharmalegacy Animal Model Services Product Offerings
Table 76. Pharmalegacy Animal Model Services Revenue (US$, Mn) & (2018-2023)
Table 77. Pharmalegacy Key News & Latest Developments
Table 78. Vitalstar Biotechnology Company Summary
Table 79. Vitalstar Biotechnology Animal Model Services Product Offerings
Table 80. Vitalstar Biotechnology Animal Model Services Revenue (US$, Mn) & (2018-2023)
Table 81. Vitalstar Biotechnology Key News & Latest Developments
List of Figures
Figure 1. Animal Model Services Segment by Type in 2022
Figure 2. Animal Model Services Segment by Application in 2022
Figure 3. Global Animal Model Services Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Animal Model Services Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Animal Model Services Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Animal Model Services Revenue in 2022
Figure 8. By Type - Global Animal Model Services Revenue Market Share, 2018-2029
Figure 9. By Application - Global Animal Model Services Revenue Market Share, 2018-2029
Figure 10. By Type - Global Animal Model Services Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Animal Model Services Revenue Market Share, 2018-2029
Figure 12. By Application - Global Animal Model Services Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Animal Model Services Revenue Market Share, 2018-2029
Figure 14. By Region - Global Animal Model Services Revenue Market Share, 2018-2029
Figure 15. By Country - North America Animal Model Services Revenue Market Share, 2018-2029
Figure 16. US Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Animal Model Services Revenue Market Share, 2018-2029
Figure 20. Germany Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 21. France Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Animal Model Services Revenue Market Share, 2018-2029
Figure 28. China Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 32. India Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Animal Model Services Revenue Market Share, 2018-2029
Figure 34. Brazil Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Animal Model Services Revenue Market Share, 2018-2029
Figure 37. Turkey Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Animal Model Services Revenue, (US$, Mn), 2018-2029
Figure 41. Charles River Laboratories Animal Model Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Envigo Animal Model Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Taconic Biosciences Animal Model Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Jackson Laboratory Animal Model Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Crown Biosciences Animal Model Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Shanghai SLAC Animal Model Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Shangghai Modelorg Animal Model Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. GenOway Animal Model Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Syngene International Animal Model Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Psychogenics Animal Model Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Pharmaron Animal Model Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. Pharmalegacy Animal Model Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 53. Vitalstar Biotechnology Animal Model Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)