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Animal Model Market is anticipated to grow at a CAGR of 6.1% till 2030: Trends, Challenges, and Opportunities

07-20-2023 11:39 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Animal Model Market is anticipated to grow at a CAGR of 6.1% till

The global animal model market was valued at $1,469 million in 2020, and is projected to reach $2,677 million by 2030, registering a CAGR of 6.1% from 2021 to 2030.

Types of Animal Models: The market offers a range of animal models that are used for different research purposes. Commonly used animal models include rodents (mice and rats), rabbits, dogs, cats, and non-human primates. Each model has its own advantages and suitability for specific research areas.

Drug Discovery and Development: Animal models play a crucial role in drug discovery and development. They are used to study disease mechanisms, identify potential drug targets, and evaluate the safety and effectiveness of new drug candidates. Animal models also help researchers understand drug metabolism, pharmacokinetics, and toxicity profiles before moving on to human clinical trials.

Disease Research: Animal models are instrumental in studying various diseases, including cancer, cardiovascular disorders, neurodegenerative diseases, and infectious diseases. By mimicking human disease conditions, animal models provide valuable insights into disease progression, mechanisms, and potential treatment approaches.

Ethical and Regulatory Considerations: The use of animal models in research raises ethical concerns, and there is a growing emphasis on minimizing the number of animals used and refining experimental procedures to reduce animal suffering. Regulatory bodies, such as the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA), have guidelines and regulations in place to ensure the ethical use of animal models in research.

Advances in Technology: Advances in technology, such as genetic engineering techniques, have significantly enhanced the capabilities of animal models. Genetically modified animals, including transgenic and knockout models, allow researchers to study specific genes and their functions, enabling a deeper understanding of disease mechanisms and the development of targeted therapies.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/6464

Market Drivers:

Research and Development in Pharmaceuticals and Biotechnology: The pharmaceutical and biotechnology industries heavily rely on animal models for preclinical research in drug discovery and development. Animal models are essential for evaluating drug safety, efficacy, and toxicity before advancing to human clinical trials. The ongoing research and development activities in these sectors drive the demand for animal models.

Rising Incidence of Diseases: The increasing prevalence of diseases, such as cancer, cardiovascular disorders, neurodegenerative diseases, and infectious diseases, fuels the demand for animal models. Animal models provide a valuable tool for studying disease mechanisms, identifying potential drug targets, and developing new therapies. They help researchers understand disease progression and test the effectiveness of novel treatment approaches.

Market Segmentation:

By Type of Animal Model:

a. Rodents (Mice, Rats): Rodents are the most commonly used animal models in research due to their genetic similarity to humans, ease of handling, and cost-effectiveness.

b. Rabbits: Rabbits are used in various research areas, including ophthalmology, cardiovascular research, and vaccine development.

c. Dogs and Cats: These animal models are primarily used in veterinary research and certain specific human diseases.

d. Non-Human Primates: Non-human primates, such as monkeys, are used for complex research involving diseases that closely resemble human conditions.

By Research Application:

a. Drug Discovery and Development: Animal models are extensively used in preclinical research to evaluate the safety, efficacy, and pharmacokinetics of potential drug candidates.

b. Disease Research: Animal models are used to study various diseases, including cancer, cardiovascular diseases, neurodegenerative disorders, and infectious diseases.

c. Genetic Research: Animal models with specific genetic modifications are used to study gene function, genetic diseases, and potential therapeutic interventions.

d. Toxicology Testing: Animal models are used to assess the toxicity and potential adverse effects of chemicals, drugs, and environmental factors.

By End User:

a. Pharmaceutical and Biotechnology Companies: These companies utilize animal models extensively for drug discovery, preclinical testing, and regulatory compliance.

b. Academic and Research Institutions: Academic institutions and research organizations use animal models for a wide range of studies, including basic research, disease modeling, and drug development.

c. Contract Research Organizations (CROs): CROs specialize in providing animal models and related services to support research activities of pharmaceutical and biotechnology companies.

By Geography:

The animal model market can be segmented based on geographical regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Regional variations may exist in terms of research activities, regulatory frameworks, and market demand.

These are general segmentation approaches, and the actual segmentation may vary based on specific market studies and industry perspectives.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง: https://www.alliedmarketresearch.com/request-for-customization/8311

Competitive Landscape:

Charles River Laboratories International, Inc.
The Jackson Laboratory
Envigo
Taconic Biosciences, Inc.
JANVIER LABS
genOway S.A.
Trans Genic Inc.
Horizon Discovery Group plc
Crown Bioscience, Inc.
Harlan Laboratories, Inc.
Procure Complete Report at 20% Discount (258 Pages):

https://www.alliedmarketresearch.com/purchase-enquiry/8311

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐ ๐š๐ซ๐ง๐ž๐ซ๐ž๐ ๐ญ๐ก๐ž ๐ฆ๐š๐ฃ๐จ๐ซ ๐ฌ๐ก๐š๐ซ๐ž ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ-

By region, North America held the major share in 2020, garnering nearly two-fifths of the global animal model market, owing to increase in preclinical activities by pharmaceutical and biotech companies during drug development, rise in use of animal models by CROs, and surge in focus on personalized medicines in this region. The market across Asia-Pacific, on the other hand, would cite the fastest CAGR of 7.3% during the forecast period, due to increase in research on biomedical and regenerative medicines, rise in awareness related to animal models, and availability of trained medical professionals in this province.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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