Animal Model Market Overview:

Animal Model Market is projected to achieve a value of USD 2,846 Million in 2023, with a linear behavior in the market growth it is forecasted to achieve a value of USD 4,923 Million by 2033 with a CAGR of 7.4% during the forecast period 2023-2033.

Since they share many immunological and pathological characteristics with humans, non-human living things called animal models are employed in studies and experiments. They are employed in cellular and histological research as well as in the diagnosis, treatment, prognosis, and study of illnesses. The U.S. Department of Agriculture reports that in 2019, 100 million mice and rats and one million other animals were kept in captivity for study and lab experiments in the country. Due to the risk to human life, using human models for study is controversial on many levels. For this reason, it is best to use animal models that closely resemble human systems.

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Animal Model Market Trends and Analysis:

Historically, biomedical research that aids in the development of novel treatment approaches for a range of ailments has made extensive use of animal models, such as humanized mice. However, because it provides a better understanding of other diseases in addition to the effectiveness of treatments with regard to many diseases, the demand for various animal species in the healthcare sector has surged recently.

It takes a lot of effort and time to generate genetically modified animals for preclinical models that are more likely to be useful. This problem has been lessened, though, by recent advancements in animal research and the use of novel experimental techniques by scientists to better understand the biology of particular diseases.

Opportunities and Challenges:

There are also substitutes like computer models, tissue cultures, and cell cultures. However, because live systems are so complicated, animal models are the favored choice. Animal models are being used in place of people to guarantee safety due to high illness incidence rates and medication side effects. Therefore, it is anticipated that as the pharmaceutical industry grows, the market will become stronger due to the ongoing need for laboratory animals in pharmaceutical research.

The creation of standard protocols pertaining to animal models is causing an increase in government intervention in academic and research organizations. For basic research purposes, such as creating novel therapeutic approaches for treating human ailments and preclinical evaluations of produced drugs' safety and efficacy, researchers employ animal models. In addition, it is anticipated that the market will be somewhat driven by ongoing developments in animal models, the accessibility of contemporary healthcare systems, and a notable rise in the need for contemporary healthcare facilities.

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Market Segmentation:

By Application:

Research & Development
Production
Quality Control
By Animal Type:

Pigs
Cats
Mice
By Technology:
CRISPR
Microinjection
Embryonic Stem Cell Injection
By End-User:

Research Institutes
Educational Institutes
Pharmaceutical Companies
Contract Research Organizations
Market Regional Analysis:

North America dominate the Animal Model Market with the highest revenue generating market with share of more than 43%. The increasing prevalence of chronic illnesses, the emergence of new infectious strains, and the growing economic investments on healthcare in North America are expected to support research efforts in the region. Furthermore, the expansion of research activities conducted by research and academic institutions is anticipated to drive regional growth.

The animal model market in Europe holds the second-largest market share, with a significant concentration of toxicological, nutritional, immunological, and medical laboratories in the region expected to drive revenue growth. Specifically, the market in Germany is the largest in the region, while the market in the United Kingdom is the fastest-growing within Europe.

Asia-Pacific is estimated the fastest growing CAGR in Animal Model Market in forecasted period. The growth in market revenue can be attributed to features like ease of manipulation, short lifespan, and high reproducibility, which have gained adoption in various industries throughout the Asia-Pacific region. Notably, the animal model industry in China claims the largest market share, while the market in India is experiencing the fastest growth among countries in the Asia-Pacific region.

Key Players in the Animal Model Market:

The Jackson Laboratory
Hera Biolabs
Ozgene Pty Ltd
Trans Genic Inc
Genoway S.A
Taconic Biosciences
Janvier Labs LLC
Inotiv, Inc
Charles River Laboratories
Crown Bioscience Inc.
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