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REPORT SCOPE & OVERVIEW

The Animal Model Market size was estimated USD 2.41 billion in 2023 and is expected to reach USD 4.20 billion by 2031 at a CAGR of 7.2% during the forecast period of 2024-2031. 

An animal model is a non-human, live, genetically modified animal used for scientific research and the exploration of human diseases. Furthermore, these animal models are used to gain a better grasp of the human disease process without causing any harm to humans.

Animal Model Market Revenue Analysis

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The development of genome editing and genetic engineering tools has resulted in a revolution in the field of animal modeling. The capacity to change genes in animals allows scientists to construct models that closely resemble human diseases, resulting in more precise and accurate results. These technical improvements have increased the usability of animal models tremendously, consequently promoting market expansion. In May 2023, for example, researchers from the Massachusetts Institute of Technology devised a novel method for engineering specific cancer-linked mutations into mice models, employing the CRISPR approach to create models of diverse mutations.

MARKET DYNAMICS

DRIVERS

  • Increasing Usage of Animal Models in Virology and Infectious Diseases

  • Growing Adoption of CRISPR Technology

Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) is a time-saving, easy-to-implement technique that allows for the construction of rapid, cost-effective animal models. It allows for the creation of mutant mouse models that were previously difficult to construct using traditional procedures. As a result of this technology, knock-in and knock-out animal models for drug testing have been developed. It enables the rapid creation of mice with single point mutations or conditional alleles that mimic human patients in a matter of weeks. This is the most important technology for investigating gene function and genetic change in vivo.

RESTRAIN 

  • The high cost of animal model studies, as well as tight government requirements, restrain market expansion.

The expensive study method, as well as all of the regulations imposed by higher officials surrounding animal model testing, impede market expansion. There are also strong ethical concerns from animal protection organizations to protect the animals, which impedes market expansion. The negative consequences of these tests on animals disturb their natural lives, leaving them physically and cognitively handicapped. They also have a negative influence on animals, which raises concerns and restricts market growth.

 OPPORTUNITY 

  • Opportunities for Growth in Emerging Markets

The animal model industry is predicted to grow due to unexplored and increasing territory, enhanced healthcare infrastructure, and rising pharmaceutical and medical device sectors. Rising demand for new manufacturing technology, as well as government investments in modernizing healthcare facilities, are strengthening the healthcare business in developing countries. Increased demand and patent expiration fuel growth in India, China, and Japan. Asian countries have better pharmacology through animal research and abundant resources, which is expected to drive the market.

CHALLENGES

  • The high cost associated with the equipment and studies based on animal models poses a challenge to the market growth

The costly animal model experiments and study techniques, as well as the facilities necessary, appear to be a barrier to revenue growth. This issue limits the demand for and leverage of these tests, restricting market expansion.

IMPACT OF RUSSIAN UKRAINE WAR

In February 2022, the Russian Federation launched an invasion of the country of Ukraine resulting in conflict in the region and a variety of sanctions against the Russian Federation enacted by several governments, including the U.S, United Kingdom, Canada and European Union. The conflict has had and continues to have, direct and indirect adverse effects on financial markets and global supply chain disruptions of the animal model market. The company have any direct operations in either Russia or Ukraine and there were no material impacts to our financial statements during fiscal year 2022 as a result of the situation. They continue to monitor the situation as it evolves for potential impacts on operation and financial results such as increased inflation, supply chain.

KEY SEGMENTS

By Type

  • Mice

  • Rat

  • Guinea Pigs

  • Rabbits

  • Hamsters

  • Others 

In 2023, Mice segment is expected to held the highest market share of 52.8% during the forecast period due to increased investment and technological advancement. Furthermore, the growing implications of mouse clinical trials for better predicted results, as well as the increasing desire for tailored therapy, are driving up demand for mice models. For example, in March 2023, National Institutes of Health researchers studied an improved genetic animal model of down syndrome. The unique mouse model provided possible therapeutic approaches for controlling the illness.

By Application

  • Cancer

  • Immunological Disease

  • Infectious Disease

  • Others 

In 2023, the Cancer segment is expected to dominate the market growth of 43.1% during the forecast period due to the translational significance of animal models in cancer research, the rising trend of precision oncology, and developments in tumor modeling methodologies. These models are used to evaluate the efficacy and safety of anti-cancer treatments in drug screening and preclinical testing. Furthermore, animal models assist researchers in testing the therapeutic index, bioavailability, and pharmacokinetic features of anti-cancer medicines prior to moving forward with human clinical trials.

By End User

  • Pharmaceutical & Biotechnology Companies

  • Academic Research Institute

  • Contract Research Organization

In 2023, Pharmaceutical and Biotechnology Companies segment is expected to dominate the market growth of 39.2% during the forecast period owing to the increasing efforts by companies to discover novel treatment regimens are expected to drive the segment's growth. Additionally, pharmaceutical companies' increased medication discovery and development operations are contributing to segment expansion. Furthermore, a large number of research driven pharmaceutical companies and their numerous initiatives are expected to boost market expansion.

REGIONAL ANALYSES

North America held a significant market share growing with a CAGR of 49.1% in 2023 due to the presence of significant players and many strategic initiatives done by them are attributed to the region's growth. Furthermore, expanding biomedical research and clinical trial spending are driving regional market expansion. Furthermore, advances in genetic engineering and the increasing use of animal-based models for drug profiling and characterisation are projected to open up new opportunities for market expansion.

Asia-Pacific is witness to expand fastest CAGR rate during the forecast period owing to the high illness burden of chronic diseases such as cancer, immunological disorders, and uncommon genetic disorders is expected to promote regional market expansion. Furthermore, large investments made by important industry participants in the region, together with favorable government legislation for research, is another driver driving regional market growth.

Animal-Model-Market-By-Region

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REGIONAL COVERAGE

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Key Players

The major key players are Charles River Laboratories, The Jackson Laboratory, genOway, Taconic Biosciences, Inc., Janvier Labs, Harbour BioMed, Crown Bioscience, Inotiv, BIOCYTOGEN, BioSpherix, Ltd., and Others.

Charles River Laboratories-Company Financial Analysis

Company Landscape Analysis

RECENT DEVELOPMENT

  • In March 2022, Charles River Laboratories has agreed to breed, distribute, market, and sell Hera Biolabs' SRG rat to the global preclinical research community. This strategic move enabled the corporation to broaden its Animal Type line and so expand their geographical presence.

  • In October 2021, JACKSON LABORATORY has announced the acquisition of Charles River Laboratories in Japan. The acquisition is designed to strengthen the firm's animal model business, including sophisticated immunodeficient models and humanized mice, as well as its presence in Japan. The company's animal model solutions will profit from this launch, which will aid in business development.

Animal Model Market Report Scope:
Report Attributes Details
Market Size in 2023  US$ 2.41 Billion
Market Size by 2031  US$ 4.20 Billion
CAGR   CAGR of 7.2% From 2024 to 2031
Base Year 2023
Forecast Period  2024-2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Animal Type (Mice, Rat, Guinea Pigs, Rabbits, Hamsters, Others)
• By Application (Cancer, Immunological Disease, Infectious Disease, Others)
• By End User (Pharmaceutical & Biotechnology Companies, Academic Research Institute, Contract Research Organization)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Charles River Laboratories, The Jackson Laboratory, genOway, Taconic Biosciences, Inc., Janvier Labs, Harbour BioMed, Crown Bioscience, Inotiv, BIOCYTOGEN, BioSpherix, Ltd.
Key Drivers • Increasing Usage of Animal Models in Virology and Infectious Diseases
• Growing Adoption of CRISPR Technology
Market Opportunity • Opportunities for Growth in Emerging Markets

 

Frequently Asked Questions

Ans: Animal Model Market size was valued at USD 2.2 billion in 2022.

Ans: Animal Model Market is anticipated to expand by 7.2% from 2024 to 2031.

Ans:   USD 4.20 billion is expected to grow by 2031.

Ans: The high cost of animal model studies, as well as tight government requirements, restrain market expansion.

Ans: Rapid technological advancements in EMC Filtration.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Animal Model Market Segmentation, By Animal Type
8.1 Mice
8.2 Rat
8.3 Guinea Pigs
8.4 Rabbits
8.5 Hamsters
8.6 Others

9. Animal Model Market Segmentation, By Application
9.1 Cancer
9.2 Immunological Disease
9.3 Infectious Disease
9.4 Others

10. Animal Model Market Segmentation, By End User
10.1 Pharmaceutical & Biotechnology Companies
10.2 Academic Research Institute
10.3 Contract Research Organization

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Animal Model Market by Country
11.2.2 North America Animal Model Market by Animal Type
11.2.3 North America Animal Model Market by Application
11.2.4 North America Animal Model Market by End User
11.2.5 USA
11.2.5.1 USA Animal Model Market by Animal Type
11.2.5.2 USA Animal Model Market by Application
11.2.5.3 USA Animal Model Market by End User
11.2.6 Canada
11.2.6.1 Canada Animal Model Market by Animal Type
11.2.6.2 Canada Animal Model Market by Application
11.2.6.3 Canada Animal Model Market by End User
11.2.7 Mexico
11.2.7.1 Mexico Animal Model Market by Animal Type
11.2.7.2 Mexico Animal Model Market by Application
11.2.7.3 Mexico Animal Model Market by End User
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Animal Model Market by Country
11.3.1.2 Eastern Europe Animal Model Market by Animal Type
11.3.1.3 Eastern Europe Animal Model Market by Application
11.3.1.4 Eastern Europe Animal Model Market by End User
11.3.1.5 Poland
11.3.1.5.1 Poland Animal Model Market by Animal Type
11.3.1.5.2 Poland Animal Model Market by Application
11.3.1.5.3 Poland Animal Model Market by End User
11.3.1.6 Romania
11.3.1.6.1 Romania Animal Model Market by Animal Type
11.3.1.6.2 Romania Animal Model Market by Application
11.3.1.6.4 Romania Animal Model Market by End User
11.3.1.7 Turkey
11.3.1.7.1 Turkey Animal Model Market by Animal Type
11.3.1.7.2 Turkey Animal Model Market by Application
11.3.1.7.3 Turkey Animal Model Market by End User
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Animal Model Market by Animal Type
11.3.1.8.2 Rest of Eastern Europe Animal Model Market by Application
11.3.1.8.3 Rest of Eastern Europe Animal Model Market by End User
11.3.2 Western Europe
11.3.2.1 Western Europe Animal Model Market by Animal Type
11.3.2.2 Western Europe Animal Model Market by Application
11.3.2.3 Western Europe Animal Model Market by End User
11.3.2.4 Germany
11.3.2.4.1 Germany Animal Model Market by Animal Type
11.3.2.4.2 Germany Animal Model Market by Application
11.3.2.4.3 Germany Animal Model Market by End User
11.3.2.5 France
11.3.2.5.1 France Animal Model Market by Animal Type
11.3.2.5.2 France Animal Model Market by Application
11.3.2.5.3 France Animal Model Market by End User
11.3.2.6 UK
11.3.2.6.1 UK Animal Model Market by Animal Type
11.3.2.6.2 UK Animal Model Market by Application
11.3.2.6.3 UK Animal Model Market by End User
11.3.2.7 Italy
11.3.2.7.1 Italy Animal Model Market by Animal Type
11.3.2.7.2 Italy Animal Model Market by Application
11.3.2.7.3 Italy Animal Model Market by End User
11.3.2.8 Spain
11.3.2.8.1 Spain Animal Model Market by Animal Type
11.3.2.8.2 Spain Animal Model Market by Application
11.3.2.8.3 Spain Animal Model Market by End User
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Animal Model Market by Animal Type
11.3.2.9.2 Netherlands Animal Model Market by Application
11.3.2.9.3 Netherlands Animal Model Market by End User
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Animal Model Market by Animal Type
11.3.2.10.2 Switzerland Animal Model Market by Application
11.3.2.10.3 Switzerland Animal Model Market by End User
11.3.2.11.1 Austria
11.3.2.11.2 Austria Animal Model Market by Animal Type
11.3.2.11.3 Austria Animal Model Market by Application
11.3.2.11.4 Austria Animal Model Market by End User
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Animal Model Market by Animal Type
11.3.2.12.2 Rest of Western Europe Animal Model Market by Application
11.3.2.12.3 Rest of Western Europe Animal Model Market by End User
11.4 Asia-Pacific
11.4.1 Asia-Pacific Animal Model Market by Country
11.4.2 Asia-Pacific Animal Model Market by Animal Type
11.4.3 Asia-Pacific Animal Model Market by Application
11.4.4 Asia-Pacific Animal Model Market by End User
11.4.5 China
11.4.5.1 China Animal Model Market by Animal Type
11.4.5.2 China Animal Model Market by End User
11.4.5.3 China Animal Model Market by Application
11.4.6 India
11.4.6.1 India Animal Model Market by Animal Type
11.4.6.2 India Animal Model Market by Application
11.4.6.3 India Animal Model Market by End User
11.4.7 Japan
11.4.7.1 Japan Animal Model Market by Animal Type
11.4.7.2 Japan Animal Model Market by Application
11.4.7.3 Japan Animal Model Market by End User
11.4.8 South Korea
11.4.8.1 South Korea Animal Model Market by Animal Type
11.4.8.2 South Korea Animal Model Market by Application
11.4.8.3 South Korea Animal Model Market by End User
11.4.9 Vietnam
11.4.9.1 Vietnam Animal Model Market by Animal Type
11.4.9.2 Vietnam Animal Model Market by Application
11.4.9.3 Vietnam Animal Model Market by End User
11.4.10 Singapore
11.4.10.1 Singapore Animal Model Market by Animal Type
11.4.10.2 Singapore Animal Model Market by Application
11.4.10.3 Singapore Animal Model Market by End User
11.4.11 Australia
11.4.11.1 Australia Animal Model Market by Animal Type
11.4.11.2 Australia Animal Model Market by Application
11.4.11.3 Australia Animal Model Market by End User
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Animal Model Market by Animal Type
11.4.12.2 Rest of Asia-Pacific Animal Model Market by Application
11.4.12.3 Rest of Asia-Pacific Animal Model Market by End User
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Animal Model Market by Country
11.5.1.2 Middle East Animal Model Market by Animal Type
11.5.1.3 Middle East Animal Model Market by Application
11.5.1.4 Middle East Animal Model Market by End User
11.5.1.5 UAE
11.5.1.5.1 UAE Animal Model Market by Animal Type
11.5.1.5.2 UAE Animal Model Market by Application
11.5.1.5.3 UAE Animal Model Market by End User
11.5.1.6 Egypt
11.5.1.6.1 Egypt Animal Model Market by Animal Type
11.5.1.6.2 Egypt Animal Model Market by Application
11.5.1.6.3 Egypt Animal Model Market by End User
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Animal Model Market by Animal Type
11.5.1.7.2 Saudi Arabia Animal Model Market by Application
11.5.1.7.3 Saudi Arabia Animal Model Market by End User
11.5.1.8 Qatar
11.5.1.8.1 Qatar Animal Model Market by Animal Type
11.5.1.8.2 Qatar Animal Model Market by Application
11.5.1.8.3 Qatar Animal Model Market by End User
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Animal Model Market by Animal Type
11.5.1.9.2 Rest of Middle East Animal Model Market by Application
11.5.1.9.3 Rest of Middle East Animal Model Market by End User
11.5.2 Africa
11.5.2.1 Africa Animal Model Market by Country
11.5.2.2 Africa Animal Model Market by Animal Type
11.5.2.3 Africa Animal Model Market by Application
11.5.2.4 Africa Animal Model Market by End User
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Animal Model Market by Animal Type
11.5.2.5.2 Nigeria Animal Model Market by Application
11.5.2.5.3 Nigeria Animal Model Market by End User
11.5.2.6 South Africa
11.5.2.6.1 South Africa Animal Model Market by Animal Type
11.5.2.6.2 South Africa Animal Model Market by Application
11.5.2.6.3 South Africa Animal Model Market by End User
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Animal Model Market by Animal Type
11.5.2.7.2 Rest of Africa Animal Model Market by Application
11.5.2.7.3 Rest of Africa Animal Model Market by End User
11.6 Latin America
11.6.1 Latin America Animal Model Market by Country
11.6.2 Latin America Animal Model Market by Animal Type
11.6.3 Latin America Animal Model Market by Application
11.6.4 Latin America Animal Model Market by End User
11.6.5 Brazil
11.6.5.1 Brazil Animal Model Market by Animal Type
11.6.5.2 Brazil Animal Model Market by Application
11.6.5.3 Brazil Animal Model Market by End User
11.6.6 Argentina
11.6.6.1 Argentina Animal Model Market by Animal Type
11.6.6.2 Argentina Animal Model Market by Application
11.6.6.3 Argentina Animal Model Market by End User
11.6.7 Colombia
11.6.7.1 Colombia Animal Model Market by Animal Type
11.6.7.2 Colombia Animal Model Market by Application
11.6.7.3 Colombia Animal Model Market by End User
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Animal Model Market by Animal Type
11.6.8.2 Rest of Latin America Animal Model Market by Application
11.6.8.3 Rest of Latin America Animal Model Market by End User

12. Company profile
12.1 Charles River Laboratories
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Animal Types/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 The Jackson Laboratory
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Animal Type/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 genOway
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Animal Type/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Taconic Biosciences Inc.
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Animal Type/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Janvier Labs
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Animal Type/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Harbour BioMed
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Animal Type/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Crown Bioscience
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Animal Type/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Inotiv
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Animal Type/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 BIOCYTOGEN
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Animal Type/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 BioSpherix, Ltd.
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Animal Type/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 Others

13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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Data Bank Validation

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