Press Release

Animal Model Market to Grow with a CAGR of 7.64% through 2028

Rise in demand for personalized medicine are expected to drive the Global Animal Model Market growth in the forecast period, 2024-2028.

According to TechSci Research report, “Animal Model Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Animal Model Market stood at USD 1.67 billion in 2022 and is anticipated to grow with a CAGR of 7.64% in the forecast period, 2024-2028 The global burden of chronic diseases, such as cancer, diabetes, cardiovascular diseases, and neurological disorders, continues to grow. As a result, there is a pressing need for the development of novel pharmaceuticals and treatments. Animal models are instrumental in preclinical testing, helping researchers evaluate drug safety, efficacy, and mechanisms of action. This significantly reduces the risks associated with human clinical trials. The demand for more effective therapies to combat these chronic conditions is a major driver behind the growth of the animal model market.

One of the most significant drivers of the animal model market is the continuous evolution of genetic engineering techniques. Researchers can now create genetically modified animals that closely mimic human physiological and pathological conditions. These genetically engineered models have paved the way for innovative research in genetic disorders and personalized medicine. By introducing specific genes or mutations into animals, scientists can better understand the genetic basis of diseases and test potential therapies with a high degree of precision. The era of personalized medicine is upon us, where treatments are tailored to an individual's unique genetic makeup and disease profile. Animal models are a crucial component of this paradigm shift, enabling researchers to study how individual genetic variations impact drug responses and disease outcomes. This trend is driving demand for animal models that can accurately replicate human genetic diversity, which, in turn, is boosting the market for genetically diverse animal models.

The pharmaceutical and biotechnology industries are expanding rapidly, with a focus on developing innovative drugs and therapies. Animal models remain an essential tool for drug discovery and preclinical testing. By using animal models to test the safety and efficacy of potential drug candidates, pharmaceutical companies can streamline their drug development pipelines and reduce the time and costs associated with bringing new medications to market. This efficiency is a major driver behind the continued growth of the animal model market.

 

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The Global Animal Model Market is segmented into Animal Type, Application, Distribution Channel, Regional Distribution, And Company.

Based on the Animal Type, Mice emerged as the dominant segment in the global market for Global Animal Model Market in 2022. There is a wide variety of established and well-characterized mouse strains, each with its own unique genetic and physiological features. This diversity allows researchers to select strains that closely match the characteristics of the diseases they wish to study. Mice are small and relatively easy to house and care for in laboratory settings. Their size makes them practical for researchers who need to maintain large populations of animals, and their small footprint reduces the space and resource requirements compared to larger animals. Mice are more cost-effective to maintain and breed than larger animals like rabbits or non-human primates. The lower associated costs make mice a more accessible and affordable option for a wide range of research institutions, including smaller universities and research laboratories. Mice have a long history of use in scientific research, resulting in an extensive body of knowledge, established protocols, and a large number of commercially available tools and resources, such as antibodies, cell lines, and transgenic mice. This widespread use facilitates collaboration and data sharing in the scientific community.

Based on the Application, Cancer emerged as the dominant segment in the global market for Global Animal Model Market in 2022. animal models play a critical role in cancer drug development. They are used to assess the safety, efficacy, and potential side effects of new cancer therapies and drugs. Researchers rely on animal models to test novel treatments, evaluate their mechanisms of action, and determine optimal dosages. This application is particularly crucial as the development of effective cancer therapies remains a top priority in the medical field. Cancer research often involves the study of genetic mutations and molecular pathways that drive tumor growth. Genetically engineered animal models, such as mice with specific cancer-related mutations, are invaluable tools for understanding the genetic underpinnings of cancer and testing targeted therapies. These models enable researchers to closely mimic the genetic conditions found in human cancer patients.

Based on the Distribution Channel, Pharmaceutical & Biotechnology Companies emerged as the dominant segment in the global market for Global Animal Model Market in 2022. Pharmaceutical and biotechnology companies are at the forefront of drug discovery and development. They conduct extensive in-house research to bring new medications and therapies to market. These organizations require animal models for preclinical testing, safety evaluations, and efficacy studies to advance their drug candidates. Pharmaceutical and biotechnology companies engage in a wide range of research activities, from oncology to neuroscience and cardiovascular disease. Their diverse research needs necessitate access to a variety of animal models that can closely mimic the specific diseases and conditions they are targeting.

North America emerged as the dominant player in the global Animal Model Market in 2022, holding the largest market share. North America, particularly the United States, is home to a thriving and well-established biomedical and pharmaceutical industry. The presence of numerous pharmaceutical and biotechnology companies, academic research institutions, and medical centers drives the demand for animal models. These organizations heavily rely on animal models for preclinical research and drug development, contributing significantly to the market's growth. The region has been at the forefront of developments in genetic engineering techniques, such as CRISPR-Cas9 technology. These techniques enable the creation of genetically modified animal models that closely mimic human genetic conditions and diseases. North American researchers and organizations have been quick to adopt these technologies, driving the demand for genetically engineered animal models.

 

Major companies operating in Global Animal Model Market are:

  • Charles River Laboratories
  • The Jackson Laboratory
  • genOway
  • Taconic Biosciences, Inc.
  • Janvier Labs
  • Harbour BioMed
  • Crown Bioscience
  • Inotiv
  • BIOCYTOGEN
  • BioSpherix, Ltd

 

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 “The Global Animal Model Market is poised for significant growth in the coming years. The ever-increasing prevalence of chronic diseases, along with the pressing need for personalized medicine, is driving extensive research and development efforts that heavily rely on animal models. Advancements in genetic engineering techniques and the development of more sophisticated animal models, including humanized models, are expanding the utility and relevance of these models in translational research. Additionally, the ethical concerns surrounding animal welfare have prompted a push for more responsible and transparent research practices, which are expected to enhance the credibility and utility of animal models.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Animal Model Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Animal Type (Mice, Rat, Guinea Pigs, Rabbits, Hamsters, Others), By Application (Cancer, Immunological Disease, Infectious Disease, Others), By Distribution Channel (Pharmaceutical & Biotechnology Companies, Academic Research Institute, Contract Research Organization) Region and Competition”, has evaluated the future growth potential of Global Animal Model Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Animal Model Market.


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