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 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.
• 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 company will remain the largest segment due to rising need for animal models for clinical trial procedures by pharmaceuticals & biotechnology companies.
• In terms of regions, APAC is expected to witness highest growth over the forecast period due to 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 is continuously evolving, driven by technological advancements, regulatory changes, and growing concerns about ethical considerations. The following are the fundamental trends reshaping the market:
• Integration of Advanced Technologies: The adoption of gene-editing technologies like CRISPR is leading the development of more specific and diverse animal models. These advancements enhance research capabilities and accelerate drug development timelines.
• Increasing Attention to Animal Welfare: As ethical awareness grows, supported by stronger regulatory pressures, there is a heightened focus on improving standards to ensure animal welfare. This shift is encouraging the development of alternative methods and the refinement of existing practices.
• Animal Models for Personalized Medicine: Personalized medicine is rapidly gaining traction, where therapies are tailored to individuals based on genetic and environmental factors. This trend is changing the design of animal models, as there is growing demand for models that accurately represent complex human diseases.
• Regulatory Harmonization: Efforts to harmonize regulations across different regions are making it easier for companies to operate internationally. This trend facilitates cross-border collaborations and standardizes best practices in animal research.
• Growth in Emerging Markets: Emerging markets, particularly in China and India, are witnessing rapid growth in the animal model sector due to increased investments in research and government support. This growth contributes to the diversification of the global market.
These trends are reshaping the animal model market, enhancing research capabilities, improving ethical standards, and fostering global collaborations.
Recent Developments in the Animal Model Market
Technological advancements and shifts in research priorities are driving innovation and expansion in the animal model market. Key recent developments include:
• Technological Developments: Advances in genetic engineering and imaging techniques for animal models are improving the accuracy and relevance of pre-clinical research, resulting in better outcomes.
• Regulatory Updates: Stricter regulations concerning animal welfare are influencing market practices by reducing animal use and promoting ethical standards. These changes are encouraging the development of alternative methods and the refinement of animal models.
• Growing Investments in Research: Increased funding in biomedical research is driving demand for animal models. This trend supports the development of new models and technologies, enhancing research in a wide range of applications.
• Emergent Personalized Models: The growing need for personalized medicine is leading to the development of animal models that better represent individual variations in human diseases, accelerating drug discovery.
• Expansion in Emerging Markets: The animal model market is experiencing rapid growth, particularly in Asia, due to significant investments in research infrastructure and international collaborations, which are contributing to the global market’s expansion.
These developments are reshaping the animal model market by enhancing research capabilities, addressing ethical concerns, and providing new global opportunities.
Strategic Growth Opportunities for Animal Model Market
The animal model market presents numerous growth opportunities, driven by technological advancements, increased research demand, and changing market dynamics. Key opportunities include:
• Medical and Biomedical Research: The growing demand for personalized medicine and precision research is creating opportunities for developing specialized animal models. This trend encourages the creation of models that more closely mimic human diseases, facilitating the development of targeted therapies.
• Pharmaceutical Testing: As investments in drug development rise, the demand for animal models used in pharmaceutical testing is growing. This presents opportunities to develop more accurate models for predicting drug efficacy and safety.
• Toxicology Studies: Advances in toxicology are driving the need for animal models that can better assess the safety of chemicals and pharmaceuticals. This trend improves regulatory compliance and enhances risk assessment processes.
• Genetic Research: The rise of gene-editing technologies, such as CRISPR, is opening new possibilities for creating genetically modified animal models. These models are essential for studying genetic diseases and testing targeted therapies.
• Regenerative Medicine: With the growing focus on regenerative medicine, there is a need for animal models that support stem cell research and tissue engineering. These models will help scientists better understand regeneration processes and treatment outcomes.
These opportunities are driving innovation and growth in the animal model market, expanding research capabilities and 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 use of advanced technologies, such as CRISPR gene-editing and sophisticated imaging techniques, is improving the precision and flexibility of animal models. These advances enhance the effectiveness of research and speed up drug development, thus promoting innovation in biomedical sciences.
• Increased Research Funding: Growing investments from both government and private sectors are fueling demand for animal models. This funding supports the development of new models and technologies, expanding research opportunities in fields like pharmaceuticals and toxicology.
• Regulatory Support: Regulations that ensure animal welfare and promote ethical research practices are encouraging the growth of alternative methods. A supportive regulatory framework helps increase the quality and credibility of animal research, boosting market development.
• Focus on Personalized Medicine: The increasing interest in personalized medicine is driving demand for animal models that closely mimic human diseases. This trend supports the development of targeted therapies, fostering innovation in therapeutic research.
Challenges in the animal model market are:
• High Costs: The development and maintenance of advanced animal models can be costly, which may discourage smaller organizations from entering the market. High costs also limit the accessibility of these models, slowing overall market growth.
• Regulatory Hurdles: The complex and divergent regulatory requirements across different regions pose significant challenges. These regulatory bottlenecks can hinder market entry, slow down research and development processes, and complicate global operations.
• Ethical Concerns: Increased scrutiny over animal welfare and ethical considerations is challenging the market. Stricter regulations and the growing demand for alternative research methods are pushing for changes in research practices, requiring adaptation to maintain compliance and public trust.
Despite these challenges, key drivers such as technological advances, increased funding, favorable regulations, and the focus on personalized medicine are pushing the animal model market forward. The balance between these drivers and challenges will determine the future growth and sustainability of the market.
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 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
The animal model market is shifting rapidly due to advancements in biotechnology, changes in regulatory factors, and increased research funding. Regional trends are influenced by local and global factors, including government policies, investment levels, and international collaborations.
• United States: The U.S. is seeing significant growth due to increased funding for biomedical research and advances in genetic engineering techniques. The focus is on developing personalized and precision models, leading to more sophisticated and accurate animal models.
• China: China is making considerable progress with heavy investment in research infrastructure and technology. The countryÄX%$%Xs growth is fueled by government policies promoting innovation and international collaborations, strengthening its position in preclinical studies.
• Germany: GermanyÄX%$%Xs market is supported by strong regulations and high animal welfare standards. Recent developments include advances in 3D modeling and in vitro techniques, which reduce animal use and increase the accuracy of research models.
• India: India is experiencing growth in the animal model market, with increased investment in pharmaceutical research and development. The focus is on improving research capabilities and enhancing ethical standards related to animal testing.
• Japan: Japan is emerging as a key player in the animal model market, integrating advanced technology and collaborating with global research institutions. JapanÄX%$%Xs developments include the use of advanced imaging techniques and the application of personalized animal models.
Features of the Global Animal Model Market
Market Size Estimates: Animal model market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecasts (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 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?
For any questions related to Animal Model Market, Animal Model Market Size, Animal Model Market Growth, Animal Model Market Analysis, Animal Model Market Report, Animal Model Market Share, Animal Model Market Trends, Animal Model Market Forecast, Animal Model Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.