Global Animal Model for Drug Testing Market Size Market growth, trend, opportunity and forecast 2023-2030
Global Animal Model for Drug Testing Market
The Animal Model for Drug Testing Market is expected to grow from USD 1.50 Billion in 2022 to USD 2.10 Billion by 2030, at a CAGR of 4.10% during the forecast period.
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Global Animal Model for Drug Testing Market Size
Animal model for drug testing is a scientific approach aimed at studying the efficacy and safety of medications in animals that mimic human anatomy and physiology. This market research report provides detailed analysis of the animal model for drug testing market, based on various segments such as type, application, region, and market players. The types of animals used for drug testing include rats, mice, and others. The applications of animal models in drug testing are academic and research institutes and pharmaceutical and biotechnology companies. North America, Asia Pacific, Middle East, Africa, Australia, and Europe are the regions considered while analyzing the market. The market players identified are Charles River Laboratories, Envigo, Taconic Biosciences, Jackson Laboratory, Crown Biosciences, Shanghai SLAC, Shangghai Modelorg, GenOway, Syngene International, Psychogenics, Pharmaron, Pharmalegacy, and Vitalstar Biotechnology. Regulatory and legal factors specific to market conditions include guidelines and regulations, ethical considerations, and animal welfare policies.
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Global Animal Model for Drug Testing Market key players
Charles River Laboratories
Envigo
Taconic Biosciences
Jackson Laboratory
Crown Biosciences
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Global Animal Model for Drug Testing Market Segment
There are several trends that have been observed in this market, including the development of genetically modified animal models, increasing use of non-human primates as models, and the adoption of imaging technologies. These trends are aimed at improving the accuracy and reliability of animal models for drug testing, ultimately leading to better drug development outcomes.
Despite the many benefits of animal models for drug testing, there are also some challenges associated with this approach. One major challenge is the ethical concerns related to animal welfare. There is a growing movement towards alternative testing methods that do not involve animals, although these methods are not yet widely adopted.
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Global Animal Model for Drug Testing Market Key Applications
Academic and Research Institutes
Pharmaceutical and Biotechnology Companies
Global Animal Model for Drug Testing Market Type Covered
Rats
Mice
Others
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