Animal Model Market

Animal Model Market: North America to Lead in Terms of Revenue Through 2026: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2026)

  • 2018-01-04
  • REP-GB-3141
  • 170 pages
  • Format: PDF/PPT/Excel

An Incisive, In-depth Analysis on the Animal Model Market

This study offers a comprehensive, 360 degree analysis on the Animal Model market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Animal Model market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Animals on whom pathological and biological studies are performed and tested are referred to as animal models. Animal models are utilized on the back of their functional resemblance to human bodies. Various guidelines have been offered that have to be followed when animal models are used for experiments.

Government Intervention in Research Institutions is rising for Developing Standard Protocols related to Animal Models

Essential requirement for animal research for achieving progress in healthcare and medical science is well proven, which in turn has gained support from researchers. Rapid advancements in novel technologies have made animal models easy and constructive. Significant incidence rate of diseases, along with adverse effects of drugs have driven the adoption of animal models for ensuring the safety of humans. In addition, increasing government intervention in research institutes for the development of standard protocols associated with animal models will fuel expansion of the market. Researchers utilize animal models for basic research such as developing new therapeutic strategies to treat human diseases, for drug discovery which includes target identification & validation, toxicology drug screening & lead optimization & safety screening, and in preclinical analyses of drug safety & efficacy.

Although animal models have been deemed less effective for human disease research, where only 5% of drugs derived are suitable for humans, the market for animal models is huge. Majority of animals used as models are bred for research purposes, albeit they are obtained from various other sources. For instance, surplus dogs from Austria used in the greyhound racing industry are being used in research labs. However there is a rising concern for animal welfare, which in turn has compelled research organizations to seek measures for reducing number of vertebrate animals in research. Additionally, there is surging requirement for organizations and researchers to encourage open engagement with policy makers and the public regarding promotion of animal research’s value and discussion about animal welfare issues.

Global animal models market has been estimated by Future Market Insights’ new report to exhibit an impressive expansion over the forecast period (2017-2026). Revenues from the market are estimated to exceed US$ 2,000 Mn by 2026-end.

North America to Remain Most Lucrative Market for Animal Model

Significant investments are being made in animal model research in North America, along with relevant policies being reformed by the government to spur the funding plans related to animal model research. Several leading players in North America are expected to make huge investments in biogenic researches in the near future. North America will continue to be the most lucrative market for animal model. Asia-Pacific and Europe are also expected to be lucrative for expansion of animal model market.

Rats are anticipated to remain the dominant species used in animal models, with revenues projected to account for more than one-third market share during the forecast period. Mice will continue to be the second most lucrative species used in animal models. Revenues from use of dogs and pigs as animal models will account for nearly equal market share by 2026-end.

Key Research Findings from FMI’s Report on Animal Model Market

  • Academic and research institutions are expected to remain the largest end users of animal models, trailed by pharmaceutical companies

  • Animal models will find the largest application in drug discovery/development

Competition Tracking

Key market participants identified by the report include Charles River Laboratories International, Inc., Horizon Discovery Group plc, The Jackson Laboratory, Trans Genic Inc, Taconic Biosciences, Inc., Genoway SA, Eurofins Scientific SE, Crown Bioscience, Inc., Envigo CRS SA, and Transposagen Biopharmaceuticals, Inc.

Future Market Insights (FMI)’s report offer an insightful and comprehensive analysis on the global animal model market. Animal models are mainly used for the purpose of biological and scientific research. FMI’s report delivers a definitive judgment on the global market for animal model for the forecast period of nine years (2017-2026).

Report Structure

This report is divided into number of section to offer easy readability and clarity to the readers. The report commences with an introductory section where lies an executive summary of the report along with market taxonomy and definition of the product – animal modal, mainly for the scope of the research. The key micro and macroeconomic factors influencing the animal model market are also discussed in this section. The readers will also come across animal model market opportunity assessment and the scenario that prevails currently. In addition, the value chain analysis of the animal model market is also covered in the report. A section of the report contains the global animal model market analysis and forecast by species, end user, application and region. In this section, the readers will come across important market figures in terms of market attractiveness index analysis, basis point share analysis and incremental dollar opportunity. In the following section of the report, analysis on the regions mentioned as per in the market taxonomy. This section of the report contains the regional market dynamics of the animal model market, which are presented in the form of drivers, opportunities, restrains and trends.

Market Taxonomy

Region

Species

End User

Application

  • North America

  • Rats

  • Academic & Research Institutions

  • Basic and Applied Research

  • Latin America

  • Mice

  • Pharmaceutical Companies

  • Drug Discovery/Development

  • Europe

  • Guinea Pig

  • Biotechnology Companies

 

  • South Korea

  • Rabbits

  • Contract Research Organizations (CROs)

 

  • APAC

  • Monkeys

  • Other End Users

 

  • MEA

  • Dogs

 

 

 

  • Pigs

 

 

 

  • Cats

 

 

 

  • Other Species

 

 

Competition Landscape

In the last section of the report, a through and in-depth analysis on the competitive landscape of the market is provided, which offers information about the key companies functioning in the global animal model market. This section also contain highly relevant information pertaining to key market participants such as product overview, strategic overview, key financials, company description and recent developments. The competition landscape is a valuable section of the report as it gives insight into ongoing company activities and regarding the degree of competition prevailing in the market.

Research Methodology

For compiling the report an all-round approach was taken by analysts. Public domain information, primary responses and historical data were taken into consideration for analyzing the overall market value and size. Revenue of companies in the animal model market has been benchmarked to determine the market size for the base year. Macroeconomic indicators such as industry growth and GDP have been considered to evaluate the market size during the projection period. Market participants’ performance, historical growth tendency of end-use industries as well as ongoing macro-economic point of view has been probed for projecting the overall market trend. The obtained data is then validated through the triangulation method and extensively inspected using advanced tools to deliver both quantitative and qualitative insights into the global animal model market.  

COVID -19 : Impact Analysis

Request the coronavirus impact analysis across industries and markets

Request Covid -19 Impact

Get in touch

Harish Tiwari

Global Head - Business Development

Akshay Godge

Client Partner - Global Business Development

Our Clients


CASE STUDIES

See how our work makes an impact.

At FMI, we design strategies that are adaptive, impactful, and implementable.

Request Sample Ask An Analyst Request Special Price Request Methodology