Press release
Animal Model Market to Exhibit Strong Compound Growth Rate at 6.1% CAGR in Forecast Period 2030 | Envigo, Taconic Biosciences, Janvier Labs, genOway S.A.
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.Competitive Landscape:
Charles River Laboratories International, Inc.
The Jackson Laboratory
Envigo
Taconic Biosciences, Inc.
Janvier Labs
genOway S.A.
Horizon Discovery Group plc
Crown Bioscience, Inc.
Trans Genic Inc.
Laboratory Corporation of America Holdings (LabCorp)
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/6464
Key Takeaways:
Growing Demand: The animal model market has experienced significant growth over the years, driven by the increasing demand for preclinical testing and research in the pharmaceutical and biotechnology industries. Animal models are essential for studying various diseases, drug efficacy, toxicology, and understanding biological processes.
Application Areas: Animal models find applications in a wide range of fields, including pharmaceuticals, biotechnology, academic research, and cosmetics. They are used to study diseases such as cancer, cardiovascular disorders, neurological conditions, diabetes, and infectious diseases, among others.
Mouse Models Dominate: Among animal models, mice are the most widely used due to their genetic similarity to humans, small size, ease of handling, and well-characterized genomes. Mouse models have played a crucial role in advancing biomedical research and drug discovery.
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Market Segmentation:
By Type of Animal:
a. Mice: Mice are the most commonly used animal models due to their genetic similarity to humans, ease of handling, and well-characterized genomes.
b. Rats: Rats are widely used in research, particularly in toxicology studies and certain disease models.
c. Rabbits: Rabbits are used for various applications, including vaccine development, ocular research, and cardiovascular studies.
By Application:
a. Drug Discovery and Development: Animal models are extensively employed in the pharmaceutical industry for testing drug candidates and assessing their efficacy, safety, and toxicity.
b. Disease Research: Animal models play a vital role in studying various diseases, including cancer, cardiovascular disorders, neurological conditions, diabetes, and infectious diseases.
c. Genetic Research: Animal models are used in genetic research to understand gene function, study genetic disorders, and develop gene therapies.
d. Toxicology Testing: Animal models are utilized to evaluate the safety and potential adverse effects of drugs, chemicals, and other substances.
By Services:
a. Breeding: Animal model providers offer breeding services to ensure a constant supply of specific strains and genotypes.
b. Quarantine and Health Monitoring: Animal models undergo quarantine procedures and health monitoring to ensure their well-being and prevent the spread of diseases.
c. Genetic Engineering: Some animal models are genetically modified to study specific genes or mimic human genetic conditions.
By End User:
a. Pharmaceutical and Biotechnology Companies: These industries are major consumers of animal models for drug discovery, development, and safety assessment.
b. Academic and Research Institutions: Universities, research institutes, and academic laboratories utilize animal models for various scientific studies.
c. Contract Research Organizations (CROs): CROs provide animal model services to support preclinical research and development on behalf of pharmaceutical companies and research organizations.
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