Global Animal Model Market: Overview
Animal model has also been the most preferred means of experiment for scientists and researchers. Cosmetic research and for testing different therapeutics, animal model is the most preferred means. Rapid developments taking place in the healthcare sector along with growing use of advanced technologies have made the use of animal models constructive and easy. Additionally, growing incidence rate of diseases with growing adverse effects of drugs have boosted the growth for animal model. Moreover, increasing government intervention in various research institutes has helped in developing standards protocols related to animal model, which is also expected to boost growth in the global animal model market in the coming years.
As the global animal model market is so diverse, Transparency Market Research is coming up with a new report on this market. The report elucidates on all the key factors contributing in the growth of the global animal model market. Facts related to government policies, other regulations of different national and international organizations, along with current trends in the market all are thoroughly discussed in the report. Focus is also on DROT (drivers, restraints, opportunities, and trends) as it will help in framing current and future scenario of the market. Key strategies used by leading players are also mentioned in the report.
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Global Animal Model Market: Notable Developments
Some of the recent developments taken place in the global animal model market along with its impact on the market is discussed below.
- Scientists at USC and UC San Diego found a lucrative prospect that will help in treating the brain cancer – Glioblastoma in 2019. This novel target is the circadian clock in tumor cells which helps in determining the growth and proliferation of the tumor. It will also help in understanding how the cells will respond or can become resistant against treatment. This development will also have a positive on the growth of the global animal model market.
Besides, research conducted universities, various research companies are also making significant efforts in innovating with animal model. Some of the prominent players analyzed in this report are Charles River Laboratories International, Inc., The Jackson Laboratory, Horizon Discovery Group plc, Trans Genic Inc, Genoway SA, Crown Bioscience, Inc., Taconic Biosciences, Inc., Eurofins Scientific SE, and Envigo CRS SA.
Global Animal Model Market: Drivers and Restraints
The need for developing new therapeutic that will help in treating human diseases and for manufacturing new drug, animal model are used immensely. Use of animal model helps in validation and target identification, toxicity and safety screening, drug screening and lead optimization, and in preclinical analyses of drug safety & efficacy. These are key factors augmenting growth in the global animal model market.
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However, rising concern related to animal welfare, which in turn has forced research organizations to look for alternative measures mainly for reducing amount of vertebrate animals in research might adversely affect the growth in this market.
Global Animal Model Market: Regional Outlook
On the regional frontier, North America is expected to hold maximum share in the global animal model market in the coming years. Increasing government funding along with changing policies related to the use of animal model are high in this region. Moreover, huge investments made in biogenic research are also expected to drive the growth in North America animal model market in the coming years. On the other hand, Europe and Asia Pacific are also estimated to hold key share in the animal model market in the coming years.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.