According to the report, the global animal model market was valued at $1.9 billion in 2022 and is estimated to reach $3.6 billion by 2032, exhibiting a CAGR of 6.6% from 2023 to 2032.
The growth of the global animal model market is attributed to factors such as the rise in the usage of animal models in virology and infectious diseases, the physiological similarity of humans and animals for drug testing, and the increase in adoption of CRISPR technology. On the other hand, the availability of alternative testing methods to restrain market growth during the forecast period. Moreover, high growth potential in emerging markets is anticipated to present significant opportunities for market growth during the forecast period.
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Key Takeaways:
- Importance in Research: Animal models play a vital role in scientific research, allowing researchers to study complex biological processes and diseases that cannot be fully replicated in cell cultures or computer models. They provide insights into disease mechanisms, treatment efficacy, and safety evaluations.
- Diverse Applications: Animal models are used in a wide range of research areas, including cancer, neurology, immunology, infectious diseases, genetics, and more. They enable researchers to understand disease progression, develop therapeutic interventions, and test hypotheses before moving to human trials.
- Species Variety: Various species are used as animal models, including mice, rats, rabbits, dogs, pigs, and non-human primates. The choice of species depends on the research goals and the similarity of the animal’s biology to that of humans.
- Genetically Modified Models: Advances in genetic engineering have led to the creation of genetically modified animals that can mimic specific human diseases or conditions. These models are designed to carry mutations relevant to the diseases being studied.
The 2023 Recession:
- The 2023 recession has negatively impacted the animal model market.
- The economic slowdown resulted in a financial burden on pharma and biotechnology companies, which has impacted investment in research and development for new drugs and medical devices.
- However, the global animal model market is expected to recover from the negative impact of the recession as demand for new treatment options for chronic diseases rises.
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Market Segmentation:
Species Type:
- Mice: Mice are one of the most commonly used animal models due to their genetic similarity to humans and ease of genetic manipulation.
- Rats: Rats are used in a wide range of research areas, including toxicology and behavioral studies.
- Non-Human Primates: Primates are used for studying diseases that closely resemble human conditions due to their genetic and physiological similarities.
- Rabbits, Dogs, Pigs, and Other Species: These animals are used for specific research needs, such as cardiovascular or surgical studies.
Research Application:
- Cancer Research: Animal models are used to study the development, progression, and treatment of various types of cancer.
- Neurology: Animal models help in understanding neurodegenerative diseases, brain function, and neurological disorders.
- Infectious Diseases: Research involving animal models is vital for understanding the mechanisms of infectious diseases and testing new vaccines or treatments.
- Genetics and Molecular Biology: Animal models are used to study gene function, inheritance patterns, and molecular pathways.
- Immunology: Models are utilized to study the immune system, autoimmune disorders, and immunotherapies.
- Cardiovascular and Metabolic Diseases: Animal models are important for studying heart diseases, diabetes, obesity, and related conditions.
Genetic Modification:
- Wild-Type Models: Animals with naturally occurring genetic traits are used as models for specific diseases.
- Transgenic Models: Animals with foreign genes inserted are used to mimic human genetic diseases.
- Knockout/Knockin Models: Specific genes are deactivated or inserted to study the effects on disease development.
End Users:
- Pharmaceutical and Biotechnology Companies: These organizations use animal models for drug testing, target validation, and safety assessments.
- Academic and Research Institutions: Academic researchers use animal models to study various aspects of biology and diseases.
- Contract Research Organizations (CROs): CROs offer animal model services to pharmaceutical and biotech companies for outsourced research.
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North America to maintain its dominance by 2032
Based on region, North America held the highest market share in terms of revenue in 2022, accounting for more than two-fifths of the global animal model market revenue, and is likely to dominate the market during the forecast period. Due to the surge in research and development activities by pharma and biotech companies and the strong presence of key players to provide animal models to meet the demand. However, the Asia-Pacific region is expected to witness the fastest CAGR of 8.0% from 2023 to 2032. This is attributed to the well-developed vaccine industry in this region and the high level of research and development for the development of new vaccines.
Leading Market Players: -
- Hera Biolabs
- Crown Bioscience Inc.
- Janvier Labs, LLC
- Inotiv, Inc.
- Charles River Laboratories
- The Jackson Laboratory.
- Genoway S.A.
- Trans Genic Inc.
- Ozgene Pty Ltd.
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