For several reasons, animal models are effective study subjects. When human testing is impractical or immoral, researchers might investigate illnesses and test therapies using animal models. They are founded on the comparative medicine idea that humans and animals have similar physiology, pathology, behaviour, and other traits. For research that aims to comprehend complicated issues of illness development and potential remedies, animal models are typically crucial. In biomedical research, animal models are utilised to create new therapeutic approaches for a range of chronic disorders.
Market Statistics
By the end of 2022, the market for animal models is anticipated to be worth US$ 1,686.20 Mn.
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Drivers
The worldwide animal model market is anticipated to develop over the course of the projected period as a result of the COVID-19 (global pandemic) outbreak. Utilization of animal models has expanded due to the need for COVID-19 diagnosis, prevention, and therapy since these models closely resemble the virus’s clinical presentation (COVID-19). For example, in June 2021, researchers at the Institute of Life Sciences (ILS) in India created animal models and a cutting-edge laboratory to aid in testing and evaluating potential treatments and vaccines for the new coronavirus. The Biotechnology Industry Research Assistance Council (BIRAC) has helped build this platform at ILS as part of Mission COVID Suraksha.
Opportunities
The increased use of animal models is anticipated to present considerable potential prospects for market participants worldwide. For instance, the Research Models and Services division of Charles River announced the establishment of a digital platform for buying animal models for North America in September 2020 to provide customers with a simple experience. The business is also concentrating on creating additional digital tools, such as the Risk-free animal evaluation programme, the Enhanced GEMS services quotation tool, and the Find a model tool.
Restraints
The expansion of the worldwide market for animal models is anticipated to be constrained during the forecast period by rules and legislation governing the humane use of animals in research. For example, strong guidelines and laws governing animal protection have resulted in restricted policies and limitations on the use of animals in research. The use of animal models has also been outlawed in several nations.
Impact
The industry for animal models has benefited from the COVID-19 epidemic. The use of animal models in COVID-19 research investigations is expanding significantly in order to find safe, efficient medications and vaccines. Animals that closely mirror the human SARS-CoV-2 disease pathogenesis are crucial for studying disease processes and evaluating potential vaccines and antiviral medications. Because animal models closely resemble the clinical presentation of SARS-CoV-2, their usage in research centres has greatly increased. This should help the market flourish as a result.
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Key Takeaways
The market for animal models was estimated at US$ 1,577.30 million in 2021 and is anticipated to grow at a 6.0% CAGR from 2022 to 2028 to reach US$ 2,394.30 million.
Rats had a prominent position among animal types in the worldwide animal model market in 2021, accounting for 61.7% of the market’s value. Increasing acceptance and the introduction of new products are anticipated to fuel the segment’s expansion over the course of the forecast period.
Market Trends
The global market for animal models is anticipated to rise as more and more R&D projects are undertaken. For instance, Taconic added the novel B2m-NOG mouse model to their premier immuno-oncology offering in January 2020. Immuno-oncology uses the immune system of the body to combat cancer.
The pharmaceutical and biopharmaceutical industry’s rising R&D spending is anticipated to fuel market expansion for animal models worldwide. For instance, the Congressional Budget Office estimates that the pharmaceutical sector spent around 83 billion dollars on research and development (R&D) operations in the United States in 2019.
Competitive Landscape
Hera Biolabs, Charles River Laboratories International, Inc., Ozgene Pty Ltd., The Jackson Laboratory, Perkinelmer, Inc. (Horizon Discovery Group), Taconic Biosciences, Envigo, JSR Corporation (Crown Bioscience Inc.), Eurofins Scientific SE, and Genoway S.A., are significant market participants in the global animal model market (Transposagen Biopharmaceuticals).
Recent Developments
A COVID-19 mouse model was introduced in April 2021, according to Taconic Biosciences, a pioneer in the provision of drug discovery animal model solutions.
Crown Bioscience and NEXT Oncology partnered strategically in October 2019 to create novel therapeutically relevant PDX models for preclinical drug development.
To become a pure-play research models and services company, Envigo’s Research Models Services business purchased Covance Research Products in April 2019.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Animal Model Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Animal Model Industry Impact
Chapter 2 Global Animal Model Competition by Types, Applications, and Top Regions and Countries
2.1 Global Animal Model (Volume and Value) by Type
2.3 Global Animal Model (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Animal Model Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Animal Model Market Analysis
Chapter 6 East Asia Animal Model Market Analysis
Chapter 7 Europe Animal Model Market Analysis
Chapter 8 South Asia Animal Model Market Analysis
Chapter 9 Southeast Asia Animal Model Market Analysis
Chapter 10 Middle East Animal Model Market Analysis
Chapter 11 Africa Animal Model Market Analysis
Chapter 12 Oceania Animal Model Market Analysis
Chapter 13 South America Animal Model Market Analysis
Chapter 14 Company Profiles and Key Figures in Animal Model Business
Chapter 15 Global Animal Model Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology
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