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What Is the Estimated Market Size of the Animal Model Market In 2029?

The market size for animal models has seen significant expansion over the past few years. It is projected to rise from $1.92 billion in 2024 to $2.09 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%. This upward growth trend in the historical period is a result of increased use of animal models in biomedical research, a surge in spending and considerable investments in drug development and discovery, a rising emphasis on precision medicine, and the widespread use of animal models in the healthcare field.

What Growth Rate Is Forecasted for the Animal Model Market by 2029?

Solid expansion is predicted for the animal model market in the upcoming years, with its value reaching an estimated $2.92 billion by 2029, a compound annual growth rate (CAGR) of 8.8%. This impressive growth over the forecast period can be credited to advancements in the field of genetic engineering, an increased emphasis on personalized medicine, the increased occurrence of chronic diseases, the urgent need for efficient vaccines and treatments, and increased funding for biomedical research. Key trends for the forecast period include a growth in demand for animal models in drug discovery and development, increased incidences of chronic diseases, reduced drug development time due to physiological similarities between humans and animals, increased usage of personalized medicine fuelling demand for humanized mice models, and a market boom due to increased utilization of animal models in biomedical research.

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Which Key Companies Are Shaping the Future of the Animal Model Market?

Major companies operating in the animal model market are Eurofins Scientific SE, Charles River Laboratories International Inc., Pharmaron Beijing Co Ltd., Inotiv Inc., Biocytogen, Taconic Biosciences Incorporation, Cyagen Biosciences, Trans Genic Incorporation, Crown Bioscience Incorporation, Harbor BioMed, PharmaLegacy, PsychoGenics, Biomere Biomedical Research Models Inc., Genoway S.A, Alloy Therapeutics, Janvier Labs, Hera Biolabs, Ozgene Pty Ltd., Transposagen Biopharmaceuticals Inc., KMT Hepatech Inc., AniLocus Inc., BioXpert, Harlan Sprague Dawley Inc.

Which Factors Are Driving Demand in the Animal Model Industry?

The animal model market is projected to grow, fueled by the increasing investments in pharmaceutical research and development activities. The process of pharmaceutical research and development is an intricate one, where scientific knowledge and innovation amalgamate to foster medical breakthroughs. The emergence of pioneering therapies for treating intricate diseases, coupled with the lure of scientific inquisitiveness and commercial viability in the healthcare industry, drives research and development. Animal models play an instrumental role in pharmaceutical research and development, offering critical predictions on drug efficacy, safety, toxicity, offering profound insights into biological mechanisms, and assisting in formulating new treatments by replicating human physiological responses and disease progression within controlled environments. For example, as per the European Federation of Pharmaceutical Industries and Associations, a Belgium-based trade association and lobbying group, expenditure on pharmaceutical research and development throughout Europe was €44,500 ($47,999) in 2022 and €42,533 million ($45,877 million) in 2021. Hence, the rise in investment for pharmaceutical research and development is fuelling the growth of the animal model market.

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How Is the Animal Model Market Segmented by Several Divisions?

The animal model market covered in this report is segmented –

1) By Animal Type: Mice, Rat, Guinea Pigs, Rabbits, Hamsters, Other Animal Types

2) By Technology: Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR), Embryonic Stem Cell Injection, Nuclear Transfer, Other Technologies

3) By Application: Drug Discovery And Development, Basic Research, Other Applications

4) By End User: Research Institutes, Educational Institutes, Pharmaceutical Companies, Contract Research Organizations

Subsegments:

1) By Mice: Inbred Mice, Outbred Mice, Knockout Mice, Transgenic Mice

2) By Rat: Inbred Rats, Outbred Rats, Transgenic Rats, Knockout Rats

3) By Guinea Pigs: Standard Guinea Pigs, Immunodeficient Guinea Pigs

4) By Rabbits: New Zealand White Rabbits, Dutch Belted Rabbits, Other Rabbit Breeds

5) By Hamsters: Syrian Hamsters, Chinese Hamsters

6) By Other Animal Types: Non-Human Primates (Monkeys, Chimpanzees), Dogs, Pigs, Sheep, Ferrets, Other Small Animals (Ferrets, Gerbils)

What are the Emerging Market Trends Driving the Growth of the Animal Model Industry?

Key players in the animal model market, such as Charles River Laboratories International, Inc., are shifting their focus to the development of innovative products like triple-immunodeficient animal models. These unique models, often in the form of mice, are designed without three crucial immune system components. With this feature, the models offer more accurate and dependable results in preclinical studies, aiding in the progress of leading-edge biomedical research and the formulation of new treatments for complex human diseases. In January 2024, the US-based pharmaceutical company, Charles River Laboratories International Inc. introduced NCG mouse strains. These are triple-immunodeficient mice that are developed for oncology research. Missing functional T, B, and NK cells and demonstrating reduced dendritic cell and macrophage function, these mice can host human immune system components, tissues, and xenograft cells. These characteristics make the NCG mice perfect for research in areas such as immunology, oncology, infectious diseases, diabetes, tumor biology, hematopoiesis, graft-versus-host disease, regenerative medicine, and tissue transplant studies. By grafting PBMCs or CD34+ stem cells, researchers can use NCG mice to produce humanized mice that simulate the human immune system closely.

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Which Regions Are Driving Growth in the Animal Model Market?

North America was the largest region in the animal model market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the animal model market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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This Report Delivers Insight On:

1. How big is the animal model market, and how is it changing globally?

2. Who are the major companies in the animal model market, and how are they performing?

3. What are the key opportunities and risks in the animal model market right now?

4. Which products or customer segments are growing the most in the animal model market?

5. What factors are helping or slowing down the growth of the animal model market?

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