Animal Model Trends and Forecast
The future of the global animal model market looks promising with opportunities in the pharma and biotech company and academic research institute markets. The global animal model market is expected to grow with a CAGR of 8.5% from 2024 to 2030. The major drivers for this market are the increasing demand for animal models in drug discovery and development, the growing adoption of CRISPR (clustered regularly interspaced short palindromic repeats) technology, and the rising prevalence of chronic diseases.
• Lucintel forecasts that, within the animal type category, mice will remain the largest segment over the forecast period due to growing investment in mouse model technology and increasing implications of mouse clinical trials.
• Within the end-use category, pharma & biotech companies will remain the largest segment due to the rising need for animal models for clinical trial procedures by pharmaceuticals & biotechnology companies.
• In terms of regions, APAC is expected to witness the highest growth over the forecast period due to the increasing incidence of chronic diseases and rising investment in research in the field of vaccines.
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Emerging Trends in the Animal Model Market
The animal model market keeps evolving. It is still led by some fundamental trends. The changes are due to technological development, changes within the regulatory framework, and increasing concern for ethical considerations.
• Integration of advanced technologies: Adoption of CRISPR and other gene-editing technologies is leading the way for developing more specific and diverse animal models. This results in enhanced research capabilities and quickens timelines in drug development.
• Increasing attention to animal welfare: With the growth in ethical awareness, supported by building regulatory pressures, increasing attention is being paid to improving standards that ensure animal welfare. This, in turn, is encouraging the development of alternatives and refinement of existing practices.
• Animal models of personalized medicine: This is a rapidly growing area of treatment where therapies will be adjusted based on the needs of the individual. It is a concept that is going to change the design of animal models in the future, as there will be increasing demand for models that represent complex human diseases.
• Regulatory harmonization: Harmonization of regulations across different regions makes it easier for companies to operate across borders. This trend, therefore, increases international collaborations and standardizes best practices in animal research.
• Growth in emerging markets: Due to increased investments in research and government support, the animal model markets are growing fast in emerging markets like China and India. It follows, therefore, that this is one of the factors that contribute to the expansion and diversification of the global market.
These are the current trends that reshape the animal model market, increasing research capabilities, improving ethical standards, and facilitating global collaborations.
Recent Developments in the Animal Model Market
Technological development and changes in research priorities have transformed the animal model market. Recent developments have become a pathway to innovation and expansion in this market.
• Technical development: Genetic engineering and development of imaging techniques in animal models are becoming very advanced. All these enhancements will provide more accurate and clinically relevant pre-clinical research with better outcomes.
• Regulatory update: Strict regulations about animal welfare shape market practices to reduce the numbers and increase ethical standards, hence promoting alternative techniques and refinement of models.
• Growing investments in research: Increasing investments in biomedical research fuel the demand for animal models. This trend continues to facilitate the development of new models and technologies to help researchers in a wide range of research applications.
• Emergent personalized models: There is an emerging need for personalized medicine. This leads to the building of animal models that better represent individual variability in human disease. The increased relevance of findings accelerates the process of drug discovery.
• Expanding emerging markets: The animal model market is experiencing one of the fastest growths in emerging markets, particularly in Asia. This has been possible due to high investment in infrastructure related to research and international collaborations, thereby adding to the overall growth of the global market.
These trends are changing the face of the animal model market by enhancing capabilities, addressing ethical concerns, and providing global opportunities.
Strategic Growth Opportunities for Animal Model Market
The animal model market, therefore, depicts various growth opportunities in these key applications. These are fueled by advancing technology, increasing research needs, and changing market dynamics.
• Medical biomedical research: Growing demand for personalized medicine and precision in research would open ample avenues for the development of specialized animal models. In this way, this trend encourages the development of more proximate models of human disease and facilitates better development of treatments.
• Testing of pharmaceuticals: With the rise in investment towards drug development, the demand for animal models used in pharmaceutical testing has emerged as strong. Much opportunity abounds in developing better models that provide more accurate predictions concerning drug efficacy and safety.
• Toxicology studies: Improvement in toxicology studies is leading to the emergence of animal models that determine the safety of chemicals and pharmaceuticals more adequately. This trend improves regulatory compliance and enhances risk assessment.
• Genetic research: Gene-editing technologies, such as CRISPR, open up new vistas for creating genetically modified animal models that are important in the study of genetic diseases and targeted therapies.
• Regenerative medicine: Focused on regenerative medicine, there arises a need for animal models supporting stem cell research and tissue engineering. The potential lies in developing models that will help in understanding the processes of regeneration and treatment outcomes.
These opportunities thus accelerate innovation and growth in the animal model market, benefiting research capabilities and extending application areas.
Animal Model Market Driver and Challenges
The animal model market may be influenced by various drivers: technological, financial, regulatory, and others. The animal model market has to overcome various challenges, such as ethical issues, regulatory complexities, and cost factors, which may impede market growth and affect research practices.
The factors responsible for driving the animal model market include:
• Technological advances: The usage of various technologies, including gene editing by CRISPR and advanced imaging techniques in the laboratory, is fostering the market for building superior, more precise, and flexible animal models. It amends the effectiveness of research and speeds up overall drug development, therefore promoting innovation in the biomedical sciences.
• Increased funding for research: The increasing investments by both government bodies and private organizations act to push the demand forward. Increasing funding allows more development of new models and technologies and enables expanding the research opportunities; thus, the growth of the market increases in applications like pharmaceuticals and toxicology.
• Regulatory support: Regulations and policies that set a standard for ensuring the welfare of animals and promoting ethical research will support the rapid market growth of alternatives. A regulatory framework that promotes the adoption of alternative approaches raises the quality, credibility, and development of the animal research market.
• Focus on personalized medicine: The concept of personalized medicine is gaining momentum, thus increasing interest in animal models that could better mimic human diseases. This factor asserts the effectiveness of designing targeted therapies for more effective treatment development, hence fostering market growth and innovation in therapeutic research.
Challenges in the animal model market are:
• High costs: Developing and maintaining advanced animal models requires investments that are on the higher side. This is discouraging for smaller organizations that could be interested in the field, since high costs reduce access, making market offerings less affordable, which ultimately slows down overall growth.
• The regulatory hurdle: Complex and divergent regulatory requirements in different parts of the world pose enormous challenges in traversing the market. This is expected to result in regulatory bottlenecks that may impact global operations, compliance, and market entry, besides slowing down research and development processes.
• Ethical concerns: Increasing scrutiny over animal welfare and ethical considerations is challenging the market. Stricter regulations and a push for alternative research methods are driving changes in research practices, requiring adaptation to maintain compliance and public trust.
Major drivers in the animal model market include technological advances, increased funding, favorable regulations, and the focus on personalized medicine, plus growth in emerging markets. However, there are also some challenges: ethical issues, high costs, and regulatory complexities. Balancing these drivers and challenges is crucial to navigating the market, encouraging innovation, and ensuring that research and development occur sustainably.
List of Animal Model Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies animal model companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the animal model companies profiled in this report include-
• Trans Genic
• Ozgene
• Inotiv
• Taconic Biosciences
• Hera Biolabs
• Charles River Laboratories
• Janvier Labs
Animal Model by Segment
The study includes a forecast for the global animal model market by animal type, application, end use, and region..
Animal Model Market by Animal Type [Analysis by Value from 2018 to 2030]:
• Rats
• Mice
• Guinea Pigs
• Rabbits
• Others
Animal Model Market by Application [Analysis by Value from 2018 to 2030]:
• Drug Discovery and Development
• Basic Research
• Others
Animal Model Market by End Use [Analysis by Value from 2018 to 2030]:
• Pharma and Biotech Companies
• Academic Research Institutes
• Others
Animal Model Market by Region [Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
Country Wise Outlook for the Animal Model Market
Live animal model markets are rapidly shifting due to biotechnology advancements, changes in regulatory factors, and increased research funding. These trends have varying regional influences based on local and global trends and demands.
• United States: The United States is experiencing huge growth due to increased funding for biomedical research and the invention of genetic engineering techniques. The focus in the United States is on personalized medicine and precision models, with more sophisticated and accurate animal models being realized.
• The animal models of China are developing with heavy investment in infrastructure related to research and technology. Growth may be fueled not only by government policy to enhance innovation but also by international collaborations, which of course heighten its standing in preclinical studies.
• Germany: In Germany, the market is well supported through regulations and high standards for animal welfare. Recent developments include advances in 3D modeling and techniques in vitro to reduce the use of animals and increase the accuracy of the models.
• India: The animal model market is growing in India, with more investment in pharmaceutical research and development. The emphasis is on investing in strengthening the research capabilities and upgrading the ethical standards related to animal testing.
• Japan: Japan too is making its stride with integrating technology and collaborating with research institutions across the globe to emerge as one of the hub players for the animal model market. Key developments include advanced imaging techniques being increasingly applied, while personalized animal models find applications.
Features of the Global Animal Model Market
Market Size Estimates: Animal model market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Animal model market size by animal type, application, end use, and region in terms of value ($B).
Regional Analysis: Animal model market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different animal types, applications, end uses, and regions for the animal model market.
Strategic Analysis:
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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FAQ
Q1. What is the growth forecast for animal model market?
Answer: The global animal model market is expected to grow with a CAGR of 8.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the animal model market?
Answer: The major drivers for this market are increasing demand for animal models in drug discovery and development, growing adoption of CRISPR (clustered regularly interspaced short palindromic repeats) technology, and rising prevalence of chronic diseases.
Q3. What are the major segments for animal model market?
Answer: The future of the animal model market looks promising with opportunities in the pharma and biotech company and academic research institute markets.
Q4. Who are the key animal model market companies?
Answer: Some of the key animal model companies are as follows:
• Trans Genic
• Ozgene
• Inotiv
• Taconic Biosciences
• Hera Biolabs
• Charles River Laboratories
• Janvier Labs
Q5. Which animal model market segment will be the largest in future?
Answer: Lucintel forecasts that mice will remain the largest segment over the forecast period due to growing investment in mouse model technology and increasing implications of mouse clinical trials.
Q6. In animal model market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to increasing incidence of chronic diseases and rising investment in research in the field of vaccines.
Q.7 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the animal model market by animal type (rats, mice, guinea pigs, rabbits, and others), application (drug discovery and development, basic research, and others), end use (pharma and biotech companies, academic research institutes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?