Our comprehensive research on the Global Animal Model Market (2023-2031) provides insights for businesses. It covers trends, investments, tech advancements, and major players. The report uses qualitative and statistical data from 2017-2031, including SWOT, BCG, PESTLE analysis, and visuals. It offers a full market landscape with stakeholder insights, regional outlooks, and financial considerations.
The global animal model market size was US$ 1,577.3 million in 2021. The global animal model market is forecast to grow to US$ 2,676.8 million by 2030 by growing at a compound annual growth rate (CAGR) of 6.1% during the forecast period from 2022 to 2030.
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Animal models are used by scientists to study & develop the cure for diseases. In this process, final medicinal drugs are tested on animals before carried out the test on humans.
Factors Influencing the Market
The wide range of research activities to develop novel drugs will fuel the growth of the global animal model market. Furthermore, an increase in the adoption of CRISPR technology is expected to offer ample growth opportunities for market growth. The CRISPR technology (Clustered Regularly Interspaced Short Palindromic Repeats) is a time-saving procedure process than conventional technique, which will benefit the animal model market.
The model allows the production of mutant models, such as mutant mouse models, which are highly difficult using conventional technology. As a result, it will surge the growth of the animal model market during the study period.
Stringent regulations related to the use of animals in research may limit the growth of the animal model market. On the contrary, growing investments and other initiatives to boost healthcare infrastructure will further boost the growth of the animal model market during the study period.
COVID-19 Impact Analysis
The wake of the COVID-19 pandemic has surged the range of R&D activities due to varied symptoms and variants. Thus, it also increased the demand for animal models. Moreover, the ongoing pandemic is substantially increasing the demand for more efficient vaccines and models. Thus, it will drive the animal model market forward even in the coming years.
Regional Analysis
The Asia-Pacific animal model market is forecast to emerge as the largest market, owing to the growing preference for animal testing in R&D activities. Furthermore, government support for the development of new novel drugs will also benefit the animal model market during the study period.
Growing implications of mouse clinical trials (MCTs) and ongoing investments in the research activities will benefit the animal model market. The Asia-Pacific animal model market is expected to witness substantial growth opportunities due to the growing range of innovations, the availability of advanced healthcare systems and the rise in pre-clinical activities by CROs. Thus, all of these factors will drive the animal model market forward.
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Competitors in the Market
- Charles River Laboratories International, Inc
- Eurofins Scientific SE
- Envigo
- GenOway S.A.
- JSR Corporation (Crown Bioscience Inc.)
- Ozgene Pty Ltd.
- PerkinElmer, Inc. (Horizon Discovery Group plc.)
- Hera BioLabs (Transposagen Biopharmaceuticals)
- Taconic Biosciences
- The Jackson Laboratory
- Other Prominent Players
The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.
As of the end of 2022, the Animal Model industry experienced notable growth in its workforce. Starting in January, employment within the Animal Model sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Animal Model output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.
Forecasts indicate that the global Animal Model output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Animal Model market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Animal Model market.
Market Segmentation
By Animal Type Outlook
- Rat
- Mice
- Guinea Pigs
- Rabbits
- Others
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By Application Outlook
- Drug Discovery & Development
- Rat
- Mice
- Guinea Pigs
- Rabbits
- Others
- Basic Research
- Rat
- Mice
- Guinea Pigs
- Rabbits
- Others
- Others
- Rat
- Mice
- Guinea Pigs
- Rabbits
- Others
By End-Users Outlook
- Pharma & Biotech Companies
- Academic Research Institutes
- Others
By Regional Outlook
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
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Table of Contents:
Chapter 1: Introduction to the Global Animal Model Industry
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the Global Animal Model Market among Players
Chapter 6: Market Size across Global Regions
Chapter 7: Application Segments in the Global Market
Chapter 8: Segment Analysis of the Global Animal Model Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted Global Animal Model Market Size (2023-2031)
Reasons to Acquire This Report
(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.
(B) The report delivers a comprehensive analysis of global, regional, and country-level Animal Model market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.
(C) Through meticulous segmentation of the Animal Model market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.
(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.
(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.
(F) The study facilitates the assessment of Animal Model business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.
Why is our study consequential?
Our study holds paramount importance for various reasons, a few of which include:
• Assisting businesses in gauging the viability of new or existing products or services.
• Facilitating business enterprises in the identification and cultivation of novel market segments.
• Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.
• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.
• Analyzing market trends to aid businesses in devising adaptive strategies.
• Guiding businesses in the optimal placement of their products.
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