Press release
Animal Model Market Scope, Segmented by Company, Application and Region, Forecast To 2032
Animal Model Market
The global animal model market is witnessing steady growth, driven by rising demand for preclinical research in pharmaceutical and biotechnology industries. With increasing focus on developing novel therapies, animal models serve as crucial tools for studying disease mechanisms, drug efficacy, and toxicity. Rodents, particularly mice and rats, remain the dominant species used in research due to genetic similarity with humans and ease of handling. However, ethical concerns and regulatory pressures propel the development of alternative models like organoids and cell cultures. Asia-Pacific is emerging as a lucrative market, attributed to growing R&D investments and outsourcing activities. Technological advancements, coupled with evolving regulatory landscape, shape the market's trajectory.
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Market Competitive Landscape:
The important companies active in the Animal Model Market include.
Horizon Discovery Group plc
Charles River Laboratories International Inc.
Transposagen Biopharmaceuticals Inc.
Trans Genic Inc
Envigo CRS SA
Eurofins Scientific SE
Crown Bioscience Inc.
The Jackson Laboratory
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Segmental Analysis
The segmental evaluation of the animal model market is carried out based on animal type, application, end user, and application. The technology segment of the animal model market consists of CRISPR, embryonic stem cell injection, and microinjection. The application segment of the animal model market consists of production & quality control and research & development. The end-user segment of the animal model market consists of research institutes, pharmaceutical companies, contract research organizations, and educational institutes. The animal type segment of the animal model market consists of cats, pigs, and mice.
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Regional Analysis
The regional examination of the animal market is carried out for the Americas, Asia-Pacific, Europe, Middle East & Africa. The expansion in favorable policies implemented by the US and Canadian governments is helping to raise various funding plans in the research and development activities, which is one of the primary reasons for this tremendous growth. In addition, there has been a significant increase in the number of investments coming in. As a result, the animal model market in this region is expected to grow at the fastest rate. Asia-Pacific offers excellent advantages for key players in the animal model market, owing to an increment in the number of initiatives and public spending for overall R&D of medicines using animal models and an expansion in the implications of mouse clinical trials (MCTs) for more predicting outcomes.
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