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Genetically Engineered Animal Models & Services Market Recent Trends,In-Depth Analysis, Industry Share,Size And Forecast 2024 To 2031 | Charles River Laboratories, Envigo, Taconic Biosciences

05-27-2024 09:20 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Genetically Engineered Animal Models & Services Market

Genetically Engineered Animal Models & Services Market

Market Overview:

Genetically engineered animal models refer to animals whose genes have been manipulated through various genetic engineering techniques. These models are widely used for biomedical research, drug discovery and development. They provide a useful platform for researchers to study human disease mechanisms and potential treatments. Common types of genetically engineered animal models include mice, rats, zebrafish and others.

Market Dynamics:

The growth of the genetically engineered animal models market is attributed to increasing investment and funding for drug discovery research. Government agencies and private players are investing heavily to accelerate development of new drugs. For instance, the U.S. National Institutes of Health provides grants worth US$ billions every year for various life science research including drug discovery projects using animal models. Growing incidence of chronic diseases such as cancer is also driving demand for personalized medicine and targeted therapeutics. This is expected to boost adoption of genetically modified animal models for evaluating efficacy and safety of novel drug candidates. Furthermore, advancement in gene editing technologies such as CRISPR has made genetic engineering of animals quicker and efficient. This is encouraging more researchers to develop tailor-made disease models for therapeutic development.

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Genetically Engineered Animal Models & Services Market - Driver:

Increasing Use of Animal Models in Preclinical Research for Drug Development and Disease Modeling:

Genetically engineered animal models have become an integral part of preclinical research as they help mimic human diseases and disorders. These disease models are important for understanding disease pathophysiology and evaluating potential therapeutic agents or interventions. Pharmaceutical and biotechnology companies largely depend on animal models during drug discovery and development process to test for safety and efficacy before human clinical trials. With growing R&D investments in pharmaceutical and biotech sector and increasing complexity of disease targets, the demand for robust animal models is expected to increase significantly over the coming years.

Genetically Engineered Animal Models & Services Market - Restrain:

Stringent Regulatory Environment for Development and Commercialization of Genetically Engineered Animals:

Regulatory policies for genetically modified animals vary between regions and countries. In the US, these products are regulated by the FDA under the framework of new animal drug approval process. Developing and commercializing a new genetically engineered animal model requires complying with various guidelines for safety and efficacy evaluation. The process entails lengthy review timelines and significant monetary investments. Similarly, other regions such as Europe have established strict norms to ensure the biosafety of genetically engineered organisms before approving their research and commercial use. Complying with this complex and dynamic regulatory landscape adds to the costs and timeline for developing and marketing novel genetically engineered animal models.

Genetically Engineered Animal Models & Services Market - Opportunity:

Increasing Outsourcing of Animal Model Related Services to Specialized Service Providers:

Pharmaceutical and biotech companies are increasingly outsourcing non-core activities such as developing and maintaining genetically engineered animal models to specialized service providers. This trend is driven by the high capital investment requirements for setting up in-house animal facilities and expert workforce for conducting studies using complex disease models. Specialized service providers offer cost-effective solutions for access to a wide range of commercially available and custom disease models along with complementary analytical services. They also take responsibility of compliance with all regulatory norms. The outsourcing market is expected to witness significant growth with increasing R&D investments of end-user industries in drug development and discovery.

Genetically Engineered Animal Models & Services Market - Trends:

Growing Adoption of Humanized Mouse Models:

Humanized mouse models with engrafted human tissues, cells, or genes are evolving as promising preclinical platforms that can better recapitulate human disease progression and pharmacological responses. Compared to traditional rodent models, these models offer human-specific immune system, metabolism, and other disease relevant pathways. Areas such as oncology, infectious diseases, and regenerative medicine research are increasingly relying on advanced humanized mouse models for preclinical efficacy and toxicity evaluation. With constant improvements in genome engineering capabilities, more sophisticated models engrafted with specific human cell or tissue types are being developed. This is expected to boost the application of humanized mouse models in personalized medicine approaches over the coming years.

List of the Top Key Players in the Market:

✦ Charles River Laboratories
✦ Envigo
✦ Taconic Biosciences
✦ Jackson Laboratory
✦ Crown Biosciences
✦ Shanghai SLAC
✦ Shangghai Modelorg
✦ GenOway
✦ Syngene International
✦ Psychogenics
✦ Pharmaron
✦ Pharmalegacy
✦ Horizon Discovery Group
✦ Vitalstar Biotechnology

Segmentation by type:

✦ Rats
✦ Mice
✦ Others

Segmentation by Application:

✦ Academic and Research Institutes
✦ Pharmaceutical and Biotechnology Companies

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Genetically Engineered Animal Models & Services Market Study Coverage:

✅ It includes major manufacturers, emerging players' growth story, and major business segments of keyword Market Opportunities & Growth Trend to 2031 market, years considered, and research objectives. Additionally, segmentation is based on the type of product, application, and technology.

✅ Genetically Engineered Animal Models & Services Market Opportunities & Growth Trend to 2031 Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, issues, and macroscopic indicators.

✅ Genetically Engineered Animal Models & Services Market Production by Region Genetically Engineered Animal Models & Services Market Profile of Manufacturers-players are studied based on SWOT, their products, production, value, financials, and other vital factors.

Major highlights from Table of Contents:

1.1 Genetically Engineered Animal Models & Services Introduction
1.2 Global Genetically Engineered Animal Models & Services Market Size Forecast
1.2.1 Global Genetically Engineered Animal Models & Services Sales Value
1.2.2 Global Genetically Engineered Animal Models & Services Sales Volume
1.2.3 Global Genetically Engineered Animal Models & Services Sales Price
1.3 Genetically Engineered Animal Models & Services Market Trends & Drivers
1.3.1 Genetically Engineered Animal Models & Services Industry Trends
1.3.2 Genetically Engineered Animal Models & Services Market Drivers & Opportunity
1.3.3 Genetically Engineered Animal Models & Services Market Challenges
1.3.4 Genetically Engineered Animal Models & Services Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives

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Reasons to Purchase Report:

✔️ The Report Provides In-Depth Analysis Of The Global Genetically Engineered Animal Models & Services Market, And Provides Market Size (US$ Million) And CAGR For The Forecast Period (2024-2030), Considering 2022 As The Base Year.

✔️ The Report Profiles Key Players In The Global Genetically Engineered Animal Models & Services Market Based On The Following Parameters - Company Details (Found Date, Headquarters, Manufacturing Bases), Products Portfolio, Genetically Engineered Animal Models & Services Sales Data, Market Share And Ranking.

✔️ This Report Elucidates Potential Market Opportunities Across Different Segments And Explains Attractive Investment Proposition Matrices For This Market.

✔️ This Report Illustrates Key Insights About Market Drivers, Restraints, Opportunities, Market Trends, Regional Outlook.

✦ Contact Us:

Worldwide Market Reports
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About us:

Worldwide Market Reports is your one-stop repository of detailed and in-depth research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth analysis by some of the most vastly experienced analysts provides our diverse range of clients from across all industries with vital decision-making insights to plan and align their strategies in line with current trends

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