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 …
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Animal Model Market to Exhibit Strong Compound Growth Rate at 6.1% CAGR in Forecast Period 2030
The animal model market has experienced significant growth over the years, driven by the increasing demand for preclinical testing and research in the pharmaceutical and biotechnology industries. Animal models are essential for studying various diseases, drug efficacy, toxicology, and understanding biological processes. The global animal model market was valued at $1,469 million in 2020, and is projected …
Animal Model Market Size, Share, Industry Growth, Analysis and Forecast 2023-2030
The growth of the global animal model market is driven by rise in usage of animal models in the pre-clinical development by several research laboratories across the globe. Furthermore, increase in innovations in animal models, and rise in importance of genetics in biomedical studies are the other factors that contribute toward the growth of the …
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CAGR of 6.1% | Animal Model Market Research Report, Opportunities Analysis, Growth, Latest Innovations and Forecast 2030
Rise in usage of animal models in virology and infectious diseases, increase in adoption of CRISPR technology, and upsurge in likelihood of epidemic or pandemic outbreaks drive the growth of the global animal model market. On the other hand, regulations and laws for ethical use of animals in research restrain the growth to some extent. …
Animal Model Market Share, Growth, Top Industry Players Envigo, Eurofins Scientific SE, GenOway S.A., JSR Corporation
Increase in usage of animal models in virology and infectious diseases, rise in adoption of CRISPR technology, and upsurge in likelihood of epidemic or pandemic outbreaks fuel the growth of the global animal model market. On the other hand, regulations and laws for ethical use of animals in research impede the growth to some extent. …