Animal Model Market 2021 Share, Size, Global Industry Analysis, Trends, Growth, Scope, Top Key Players, Opportunity Analysis and Industry Forecast, 2027

Allied Market Research published a new report, titled, "Animal Model Market: Global Opportunity Analysis and Industry Forecast, 2020-2027".

The report has offered an all-inclusive analysis of the global Animal Model Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.

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This similarity facilitates the usage of almost 90% of the veterinary medicines in treatment of animals, which are very similar to those developed to treat human patients. Owing to these similarities, these animals are used to study various biological phenomena, new drugs, and treatment therapies. Animal model or a model organism is a non-human species which is extensively used in research and to study the development and progression of diseases and to test new treatments before they are applied to humans. For instance, animals with transplanted human cancers or other tissues are called xenograft models.

Top impacting factors: Market Scenario Analysis:

Researchers are also focusing on employing efficacy biomarkers for measuring efficacy observed in clinical results and comparing it with preclinical studies for analyses. Rapid advancements taking place in the healthcare, pharma and biotech sector along with growing use of advanced technologies like genetic engineering, emergence of CRISPR as a very useful tool in the field of biomedical research, especially in the developed countries, growing consumption and demand for personalized medicine fostering the growth of animal models in the market. In addition, growing incidence of diseases with increasing adverse effects of drugs and therapies on human body, increasing government participation in various research institutes for developing better treatments than the existing ones has helped in fueling the growth in the global animal model market in the coming years.

Companies covered:

Charles River Laboratories International, Horizon Discovery, The Jackson Laboratory, Taconic Biosciences, GenOway S.A., Eurofins Scientific, Crown Bioscience Inc., Envigo, Transposagen Biopharmaceuticals Inc.

COVID – 19 scenario analysis:

The COVID-19 pandemic has emerged as a humanitarian as well as economic crisis, creating strain on the society and affecting millions of people and businesses.

Major pharmaceutical and biotech players are investing billions in R&D activities related to COVID-19 in search of a vaccine or a treatment to contain this virus.

The animal models can play an anchoring role in this search for vaccines and therapeutic treatment strategies to cure people suffering from SARS-CoV-2

Currently, Rhesus macaques and African green monkeys are the most commonly used primates as animal models as they can replicate virus inside their bodies the way it replicates in humans with some negligible differences.

Get detailed COVID-19 impact analysis on the Animal Model Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 https://www.alliedmarketresearch.com/request-for-customization/8311?reqfor=covid

Rise in development of new therapeutic medications, therapies, increasing demand for precision and customized medicines along with ongoing preclinical trials that require animal models in the initial stages are factors responsible for boosting the animal model market growth. The increasing number of preclinical trials, which is the first phase for trial of any drug in the pharma industry can be characterized to continuous development of new drugs and the requirement of animal models for drug testing. In the U.S. around 7,493 preclinical trials were conducted in 2017, compared to 6,861 preclinical trials in 2016, around 9% increase since the previous year.

Key benefits of the report:

This study presents the analytical depiction of the global clinical workflow solutions stem industry along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global animal model market share.

The current market is quantitatively analyzed from 2020 to 2027 to highlight the global clinical workflow solutions market growth scenario.

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