The global market for animal models is expected to grow and reach 3.3 billion USD by 2031.
The global animal model market has achieved remarkable growth, reaching approximately $1.9 billion in revenue in 2022. Experts predict that this growth trend will continue, with the market expected to surge to $3.3 billion by 2031. This expansion is driven by a stable compound annual growth rate (CAGR) of 6.6% during the forecast period from 2023 to 2031. Animal models primarily encompass non-human organisms and serve as invaluable tools in scientific research. They play a crucial role in deepening the understanding of human health and physiology, elucidating disease mechanisms, decoding complex biological processes, and identifying novel therapeutic approaches. Widely used across various scientific fields such as pharmacology, medicine, toxicology, and genetics, animal models provide researchers with essential means to explore complex hypotheses, study biological systems, and make informed predictions before embarking on human studies. For application methods, please check the [PDF download] button or apply directly through the related links.
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Overview of Segmentation The global animal model market is classified based on animal type, application, end-user, and region. By Animal Type - Mice - Rats - Guinea pigs - Rabbits - Others By Application - Drug discovery and development - Basic research - Others By End-User - Pharmaceutical companies and biotechnology firms - Academic research institutions - Others Key Companies: - genOway S.A. - Trans Genic Inc - The Jackson Laboratory - Taconic Biosciences - Charles River Laboratories - Inotiv Inc - Crown Bioscience Inc - Hera Biolabs - Janvier Labs LLC - Ozgene Pty Ltd
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