Animal Model Market Global Size 2022, Demand, Trends, Business SWOT Analysis and Revenue Forecast by 2027
According to the latest report by IMARC Group, titled “Animal Model Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global animal model market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global animal model market size reached US$ 1,584 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 2,331 Million by 2027, exhibiting a growth rate (CAGR) of 6.76% during 2022-2027.
Market Overview:
An animal model is a non-human and genetically engineered species used for medical investigation and research of a disease. Mice, guinea pigs, rabbits, gerbils, hamsters and rats are some commonly utilized animal models. They are also used in obtaining information regarding the diagnosis, treatment and prevention of various neurological and physiological disorders. Numerous technologies, such as nuclear transfer and embryonic stem cell injection, are used to analyze the changes in animal models. They aid in providing comprehensive insights of various chronic diseases and are highly cost-effective and can be maintained in-house. They find extensive application for medical research and drug discovery and development in pharmaceutical organizations and academic research institutions.
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Animal Model Market Trends:
The global animal model market is primarily being driven by the rising prevalence of genetic disorders among the masses. There is a shifting consumer preference toward personalized medicines, which is leading to the increasing utilization of animal models in pre-clinical trials for the development of drugs. Moreover, various technological advancements, such as the introduction of clustered regularly interspaced short palindromic repeats (CRISPR) technology, which aids in producing novel drugs with enhanced efficacy, are providing a thrust to the market growth. Other factors, including significant investments in improving the medical infrastructure, along with extensive research and development (R&D) activities in the field of biotechnology, are anticipated to drive the market toward growth.
Animal Model Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global animal model market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Players Included in Global Research Report:
- Biocytogen
- Charles River Laboratories International Inc
- Envigo
- Eurofins Scientific SE
- GenOway S.A.
- Hera BioLabs
- JSR Corporation
- Ozgene Pty Ltd.
- PerkinElmer Inc.
- Taconic Biosciences Inc.
- The Jackson Laboratory
- Trans Genic Inc.
Global Animal Model Market Size 2022-2027 |
Market Segmentations of the Animal Model Market:
The report has segmented the global animal model market on the basis of animal type, technology, application, end user and region.
Based on Animal Type:
- Rat
- Mice
- Guinea Pigs
- Rabbits
- Others
Based on Technology:
- CRISPR
- Embryonic Stem Cell Injection
- Nuclear Transfer
- Others
Based on Application:
- Drug Discovery and Development
- Basic Research
- Others
Based on End User:
- Pharma and Biotech Companies
- Academic Research Institutes
- Others
Regional Analysis:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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