Animal Model Market Growth opportunities, Trends, Industry Analysis, and Forecast to 2027

Animal models are critical for biomedical research in the drug discovery ecosystem and other tests used in the production and quality control process in food and personal care products industries. These models enable foreign tissue to interact with them and provide the foundation for specific genetic and tissue modifications for greater precision.

According to Market Research Future (MRFR), the global animal model market is poised to create a valuation of USD 3,632.48 million by 2027, growing at approximately 7.8% CAGR throughout the forecast period (2020 – 2027). Increasing preference for animal models as a base material in various types of research activities is a key growth driver. Besides, rising research activities in contract research organizations (CRO) for drug discoveries boost the growth of the market.

Additionally, recent COVID 19 pandemic has created the demand for model animals with human versions of a protein called the ace2 receptor. This molecule is the hook that sars-cov-2, the virus which causes COVID-19. Resultantly, the market is estimated to garner massive traction in the years to come.

Animal Model Market – Segmentations

The report is segmented into five dynamics;

By Animal Type: Mice, Rats, Pigs, Rabbits, and others.

By Technology: CRISPR, Microinjection, Electroporation, and others.

By Application: Research & Development, Production & Quality Control, and others.

By End-User: Pharmaceutical Companies, Contract Research Organizations, Research Institutes, Educational Institutes, and others.

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By Regions:  Europe, Americas, Asia Pacific, and Rest-of-the-World.

Animal Model Market   – Competitive Analysis

The global animal model appears fiercely competitive due to the presence of several well-established players. These players incorporate strategies such as collaboration, acquisition, expansion, strategic partnership, & technology launch. Top players invest heavily in the development and production of particular characteristics in animals. 

Major Players: 

Players leading the animal model market include GenOway S.A. (France), Janvier Labs (France), Envigo (US), Taconic Laboratories (UK), Charles River Laboratories (UK), Transgenic, Inc. (Japan), Horizon Discovery (England), SAGE Labs (US), Harbor Antibodies BV (Subsidiary – Harbor BioMed – US), and Crown Bioscience Inc. (US), among others. 

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Animal Model Market – Regional Analysis

North America dominates the global animal model market. The largest market share attributes to the growing preclinical activities in pharmaceutical and biotech companies during drug development. Besides, factors such as the increasing use of animal models by CROs and focus on personalized medicine creates the demand for animal models in this region. Moreover, favorable reimbursement scenario and rising RD investments and activities in pharmaceutical and biotechnology substantiate the regional market growth.

Europe stands second in the global animal model market. The market growth attributes to increasing cancer research and the presence of a huge number of research laboratories and pharma companies in this region. 

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