Press release
Animal Model Market is anticipated to grow at a CAGR of 6.1% till 2030 | Taconic Biosciences, Janvier Labs, LLC, Crown Bioscience Inc., Charles River Laboratories, Trans Genic
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ:
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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.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
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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.
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๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ ๐๐ซ๐ง๐๐ซ๐๐ ๐ญ๐ก๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ฌ๐ก๐๐ซ๐ ๐ข๐ง ๐๐๐๐-
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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