Global Laboratory Model Animal Market Size is expected to experience a CAGR of 14.5% through 2024 - 2031, according to industry projections.
The "Laboratory Model Animal Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Laboratory Model Animal market is expected to grow annually by 14.5% (CAGR 2024 - 2031).
This entire report is of 163 pages.
Laboratory Model Animal Introduction and its Market Analysis
The Laboratory Model Animal market research report analyzes the market conditions of the industry, focusing on the growing demand for laboratory animals in research and development activities. Laboratory Model Animal refers to animals used in controlled experiments for scientific research purposes. The target market includes pharmaceutical companies, academic institutions, and research organizations. Factors driving revenue growth include increasing investments in drug discovery and development, rising prevalence of chronic diseases, and advancements in genetic engineering technologies. Key players in the market include Lab Product Inc., Taconic Biosciences, JAX Laboratory, Charles River Laboratories, ALS Association, Envigo, Crown Bioscience Inc., and Genoway . The report's findings highlight the increasing adoption of personalized medicine and the need for stringent regulations in animal research. Recommendations include investing in research and development to innovate new models and partnering with academic institutions for collaborative projects.
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The laboratory model animal market offers a diverse range of animals including Homozygote, Heterozygote, and Genetically Modified animals for various applications such as Behavioural Research, Genetic Research, and Drug & Vaccine Testing. These animals play a crucial role in advancing medical research and drug development.
Regulatory and legal factors specific to market conditions govern the use of laboratory animals. Ethical guidelines, animal welfare regulations, and research protocols ensure the humane treatment and ethical use of these animals. Stringent regulations are in place to ensure the safety and welfare of laboratory animals, and compliance with these regulations is essential for researchers and companies operating in this market.
Overall, the laboratory model animal market is an essential component of biomedical research and drug development, providing valuable insights into human health and disease. With the right regulatory framework in place, the market can continue to thrive and contribute to advancements in science and medicine.
Top Featured Companies Dominating the Global Laboratory Model Animal Market
The laboratory model animal market is highly competitive, with key players including Lab Product Inc., Taconic Biosciences, JAX Laboratory, Charles River Laboratories, ALS Association, Envigo, Crown Bioscience Inc., and Genoway . These companies offer a wide range of laboratory model animals such as mice, rats, rabbits, guinea pigs, and zebrafish for use in research and development.
Lab Product Inc. specializes in providing high-quality laboratory animal models and related products to the biotechnology and pharmaceutical industries. Taconic Biosciences is known for its genetically engineered mouse models and specialized services for drug discovery and development. JAX Laboratory is a leading provider of genetically defined mice and is globally recognized for its research into human genetics and disease.
Charles River Laboratories is a full-service preclinical research organization offering a comprehensive range of laboratory animal models and services for drug development. ALS Association funds research into amyotrophic lateral sclerosis (ALS) and supports the development of new laboratory animal models for studying the disease.
Envigo offers a broad range of services and products for the biomedical research community, including laboratory animal models and related services. Crown Bioscience Inc. is a global drug discovery and development services company specializing in translational oncology and cardiovascular disease research. Genoway S.A. provides customized research models and services for the pharmaceutical and biotechnology industries.
These companies play a crucial role in advancing scientific research by providing researchers with high-quality laboratory animal models and services. Their contributions to the laboratory model animal market help drive innovation and growth in the field. The sales revenue of some of these companies, such as Charles River Laboratories and Envigo, amount to hundreds of millions of dollars annually, reflecting the significant impact they have on the laboratory model animal market.
- Lab Product Inc.
- Taconic Biosciences
- JAX Laboratory
- Charles River Laboratories
- ALS Association
- Envigo
- Crown Bioscience Inc.
- Genoway S.A.
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Laboratory Model Animal Market Analysis, by Type:
- Homozygote
- Heterozygote
- Genetically Modified
Homozygote laboratory animals have two identical alleles for a specific gene, heterozygote animals have two different alleles, and genetically modified animals have altered genes. Homozygotes are used for studying the effects of a specific gene, heterozygotes allow for comparisons between different alleles, and genetically modified animals are designed for specific research purposes. These various types of laboratory model animals cater to a wide range of research needs, increasing the demand for such animals in the market. Researchers benefit from having access to a diverse range of models for their experiments, driving the growth of the Laboratory Model Animal market.
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Laboratory Model Animal Market Analysis, by Application:
- Behavioural Research
- Genetic Research
- Drug & Vaccine Test
Laboratory model animals are used in various applications such as behavioural research, genetic research, and drug & vaccine testing. In behavioural research, these animals are used to study social interaction, learning, and memory. In genetic research, they help scientists understand the role of specific genes in disease development. In drug & vaccine testing, they are essential for evaluating the safety and efficacy of new treatments. The fastest growing application segment in terms of revenue is drug & vaccine testing, as the demand for new pharmaceuticals and vaccines continues to rise globally.
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Laboratory Model Animal Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The Laboratory Model Animal market is expected to witness significant growth in North America, especially in the United States and Canada, due to the increasing research activities in the region. Europe, particularly Germany and France, is also expected to dominate the market, followed by the ., Italy, and Russia. In Asia-Pacific, China and Japan are projected to lead the market, with South Korea, India, and Australia also showing growth potential. Latin America, including Mexico, Brazil, Argentina, and Colombia, is anticipated to witness growth, along with the Middle East & Africa region, including Turkey, Saudi Arabia, and the UAE. China may dominate the market with around 20% market share, followed by the United States with a market share of approximately 15%. Europe and Asia-Pacific are also expected to hold significant market shares.
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