Animal Model Market statistics and research analysis released in latest report - PowerPoint PPT Presentation

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Animal Model Market statistics and research analysis released in latest report


Statistics of Animal Model Market covering market size, industry share numbers, regional outlook, competitive landscape with data about leading companies is now available in the latest report by Global Market Insights, Inc. – PowerPoint PPT presentation

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Title: Animal Model Market statistics and research analysis released in latest report

Animal Model Market outlook with industry review
and forecasts
Fuel Cell Market size worth 25.5bn by 2024
Key Insights from Animal Model Market
  • Growing usage of animal models in the assessment
    and development of novel vaccines and therapies
    is likely to drive global animal model market
    over the coming years. Animal models are widely
    used in assessing food toxicity and behavioral
    science. Rise in discovery development of new
    precision medicine, as well as growing
    applications of animal testing for better
    understanding of human diseases, such as
    narcolepsy and myasthenia gravis are some of the
    major factors impelling animal model industry
    growth. Animal model market is forecast to
    surpass the USD 24 billion mark by 2025.
  • Animal models are primarily used to study the
    development, as well as progression of diseases
    in humans. New treatments modalities are tested
    on animals before they are administered to

  • The remarkable physiological and anatomical
    similarities between humans and animals,
    especially mammals, have prompted researchers to
    examine a huge number of mechanisms and evaluate
    novel therapies in animal models before applying
    these discoveries to humans, to avert human
  • In 2018, the mice animal model market dominated
    the overall share with 51.7 and accounted for
    over USD 7 billion. Due to low-cost factor and
    widespread availability of mice, mice models are
    highly preferred for cancer research. Moreover,
    mice models are widely used to study various
    neurodegenerative disorders and also to assess
    the safety and effectiveness of drugs in the
    pharma research.
  • Based on technology, CRISPR technology is likely
    to register notable growth rate of more than 9.1
    over 2019-2025. The rapid growth of this
    technology can be attributed to certain
    advantages offered, such ease of use,
    cost-effectiveness, lesser time required to
    modify target genes in compared to other gene
    targeting technologies, and efficiency.

  • On the basis of application, research
    development segment accounted for around USD 9.7
    billion and held the largest revenue share of
    over 72 in 2018. The demand for animal models in
    RD activities is increasing with the trend of
    introduction of therapeutic modalities before
    initiation of any human clinical trials.
    Utilization of animal models aids better
    assessment with regard to efficacy, as well as
    the potential risks of newly developed drugs.
    Rise in RD activities for drug development and
    advancement will positively favor animal model
    industry expansion.
  • Canada animal model industry is forecast to
    register a CAGR of more than 12 over the
    analysis period. As per Ottawa-based CCAC
    (Canadian Council on Animal Care), in 2016,
    around 4.3 million animals were used in the
    institution for purposes ranging from research,
    as well as testing. These statistics signify that
    the growing demand for animal model study across
    the region may provide impetus to the growth of
    animal model industry through 2025.

  • Key players operating within animal model
    industry include Envigo, Charles River, genOway,
    Horizon Discovery Group Plc, Taconic Biosciences,
    Inc., Harbour BioMed, The Jackson Laboratory,
    TRANS GENIC Inc, Ltd. and Janvier Labs among
    others. These prominent industry players are
    focusing on expansion of treatment options,
    high-quality services, as well as complementary


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