Animal Model Market Synopsis
As per the analysis by Market Research Future (MRFR), the global animal model market is estimated to acquire a market value of USD 3,632.48 million, registering a CAGR of 7.8% during the forecast period by 2027. Animal models are primarily used to test the effectiveness of a drug for a particular disease condition on animals, such as; mice, rats, guinea pigs, and others.
Increasing innovation of new medicines and progressing pre-clinical trials are projected to be important factors in boosting the global animal model market 2020. Demand of experimental animals as models in research is predicted to grow due to their genetic similarities with humans, which is likely to stimulate the market significantly. Further, the increasing application of animal testing in the research of cosmetic products, cleaning products, pharmaceutical products, and others are anticipated to augment the market.
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On the contrary, stringent rules imposed on usage of animals in research laboratories are predicted to hamper the market during the forecast period. However, surging demand for precision medicines, along with above stated factors are anticipated boost the demand for animal models.
Animal Model Market Segmentation
The segment analysis of the global animal model market is done by animal type, technology, application, and end-user.
The animal type-based segments of the global animal model market are rabbits, mice, pigs, rats, and others. Among all segments, the rat segment is projected to procure the largest market share during the review period. The rabbit segment is estimated to be the fastest-growing segment during the forecast period.
The technology-based segments of the global animal model market are CRISPR and others. Based on CRISPR, it is sub-segmented into microinjection and electroporation.
The application-based segments of the global animal model market are quality control and research and development and production. The research and development segment is sub-segmented into infectious diseases, cardiovascular, metabolic diseases, cancer, immunological diseases, diabetes, neurological diseases, genetic diseases, and others.
The end-user based segments of the global animal model market are research institutes, educational institutes, pharmaceutical companies, and contract research organizations.
Animal Model Market Regional Analysis
Based on the region, the global animal model market is segmented into the Americas, Asia-Pacific, Europe, and the Middle East & Africa.
As per the research, the Americas is predicted to acquire the first position owing to the presence of numerous key players. The increasing demand for research is predicted to propel the regional market during the forecast period. The US and Canada are likely to make a vital contribution in expanding the regional market.
Europe is predicted to secure substantial market share owing to the extensive R&D being conducted in the region. Further, the growing funds for the research activity is likely to fuel the regional market significantly. The increasing focus on developing new cancer therapeutics is likely to shoot up the market growth trajectory.
The APAC region is projected to be the fastest-growing market during the review period owing to the increased research on biomedical and growing medical research in countries like India, Japan, China, and others.
The MEA region is estimated to acquire the least market share during the forecast period owing to the lack of proper healthcare infrastructure. Further, the limited resources are estimated to hinder the regional market growth during the assessment period.
Animal Model Market Key Players
The renowned key players of the global animal model market are Janvier Labs (France), GenOway S.A. (France), Envigo (US), Charles River Laboratories (UK), Taconic Laboratories (UK), Transgenic, Inc. (Japan), SAGE Labs (US), Horizon Discovery (England), Crown Bioscience Inc. (US), Harbor Antibodies Bv (A Subsidiary of Harbor BioMed) (Massachusetts) and many more.
Table Of Contents
1. EXECUTIVE SUMMARY
1.1. Market Attractiveness Analysis
1.1.1. Global Animal Model Market, By Animal Type
1.1.2. Global Animal Model Market, By Technique
1.1.3. Global Animal Model Market, By Application
1.1.4. Global Animal Model Market, By End User
2. MARKET INTRODUCTION
2.2. Scope Of The Study
2.2.1. Research Objective
3. RESEARCH METHODOLOGY
3.2. Data Mining
3.3. Secondary Research
3.4. Primary Research
3.4.1. Breakdown Of Primary Respondents
3.5. Forecasting Techniques
3.6. Research Methodology For Market Size Estimation
3.6.1. Bottom-Up Approach
3.6.2. Top-Down Approach
3.7. Data Triangulation
4. MARKET DYNAMICS
5. MARKET FACTOR ANALYSIS
LIST OF TABLES
TABLE 1 GLOBAL ANIMAL MODEL MARKET SYNOPSIS, 2017–2027
TABLE 2 GLOBAL ANIMAL MODEL MARKET ESTIMATES & FORECAST, 2020–2027 (USD MILLION)
TABLE 3 GLOBAL ANIMAL MODEL MARKET, BY ANIMAL TYPE, 2020–2027 (USD MILLION)
TABLE 4 GLOBAL ANIMAL MODEL MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION)
TABLE 5 GLOBAL ANIMAL MODEL MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
TABLE 6 GLOBAL ANIMAL MODEL MARKET, BY END USERS, 2020–2027 (USD MILLION)
LIST OF FIGURES
FIGURE 1 RESEARCH PROCESS
FIGURE 2 MARKET STRUCTURE FOR THE GLOBAL ANIMAL MODEL MARKET
FIGURE 3 MARKET DYNAMICS FOR THE GLOBAL ANIMAL MODEL MARKET
FIGURE 4 GLOBAL ANIMAL MODEL MARKET SHARE, BY ANIMAL TYPE, 2018 (%)
FIGURE 5 GLOBAL ANIMAL MODEL MARKET SHARE, BY TECHNIQUE, 2018 (%)
FIGURE 6 GLOBAL ANIMAL MODEL MARKET SHARE, BY APPLICATION 2018 (%)
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