The global animal model market had a valuation of USD 1.54 Billion in 2021 and is projected to achieve a revenue CAGR of 6.2% throughout the forecast period. The market is expected to experience significant growth due to the rapid expansion of the pharmaceutical industry, which aims to develop drugs, antibodies, and medicines for novel and re-emerging diseases. Additionally, the utilization of animal models in research laboratories for diagnostic and prognostic purposes is another crucial factor contributing to the market's revenue growth. The increasing demand for animal models from academic and biotechnological institutions for educational objectives is also expected to drive market expansion.

Animal models are living organisms other than humans that are utilized in experiments and research due to their resemblance to humans in terms of immunology and pathophysiology. They play a vital role in disease prognosis, diagnosis, treatment, drug discovery and development, as well as cellular and histological studies. In 2019, data from the U.S. Department of Agriculture indicated that 100 million mice and rats, along with 1 million other animals, were held in captivity for research and laboratory experiments in the U.S. Due to the risks associated with using human models in research, animal models that closely mimic human systems are considered to be ideal. These models find extensive application in pharmaceutical companies, academic institutions, and biotechnological organizations.

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Competitive Landscape:

Key players are engaged in strategic alliances to expand their respective portfolios and gain a robust footing in the global market.Some of the major companies included in the global market report are Charles River Laboratories International, Inc., The Jackson Laboratory, Laboratory Corporation of America Holdings, Horizon Discovery Group plc, Trans Genic Inc., genOway, Taconic Biosciences, Inc., Envigo, Inotiv Inc., Janvier Labs, and Ingenious Targeting Laboratory (Ingenious).

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Factors driving the Animal Model Market:

1. Growth in the Pharmaceutical Industry: The pharmaceutical industry's exponential growth, especially in the development of drugs, antibodies, and medicines for various diseases, is a significant driver for the animal model market. Animal models play a crucial role in preclinical trials and drug development processes.
2. Research Purposes: Animal models are extensively used in research laboratories for prognosis, diagnosis, treatment, and the study of diseases. They enable scientists to understand the mechanisms of diseases, test potential therapies, and explore the efficacy and safety of new treatments.
3. Rise in Novel and Re-emerging Diseases: The increase in novel and re-emerging diseases worldwide has led to a higher demand for animal models. These models help researchers simulate human diseases, study their progression, and develop effective treatments and preventive measures.
4. Use in Prognostic and Diagnostic Purposes: Animal models are valuable tools for prognosis and diagnosis. By studying the behavior and responses of animals with similar pathophysiological characteristics to humans, researchers gain insights into disease development and potential treatment strategies.
5. Academic and Biotechnological Demand: Academic institutions and biotechnological companies require animal models for educational purposes, such as anatomical dissection and histological studies. The growing demand from these sectors contributes to the overall market growth.

Factors restraining the Animal Model Market:

1. Ethical Concerns and Animal Welfare: The use of animal models raises ethical concerns and sparks debates regarding animal welfare. Animal rights organizations and some sections of society object to the use of animals for research purposes, which can pose challenges to the growth of the market.
2. Regulatory Frameworks: The animal model market is subject to stringent regulations and guidelines, particularly related to the ethical treatment of animals. These regulations can restrict the availability and usage of certain animal models, impacting the market's growth.
3. Alternatives to Animal Models: The development of alternative models, such as in vitro and in silico methods, provides alternatives to animal testing. These alternatives aim to reduce the reliance on animal models and can potentially hinder the growth of the animal model market.
4. Cost and Complexity: The use of animal models in research can be expensive and logistically complex. Maintaining and housing animals, ensuring their welfare, and adhering to regulatory requirements can pose challenges and increase the overall costs associated with animal model research.
5. Species-Specific Limitations: Animal models may not always precisely mimic human biology and disease progression. Species-specific differences can limit the translatability of research findings from animal models to human applications, posing a challenge in drug development and clinical translation.

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