Animal Model Market Size, Share, Industry Trends and Forecast to 2033
This report provides comprehensive insights into the Animal Model market, covering market size, growth trends, and detailed analyses from 2023 to 2033. Key data, industry dynamics, and forecasts will enable stakeholders to make informed decisions.
Metric | Value |
---|---|
Study Period | 2023 - 2033 |
2023 Market Size | $14.30 Billion |
CAGR (2023-2033) | 9.2% |
2033 Market Size | $35.53 Billion |
Top Companies | Charles River Laboratories, Janvier Labs, Envigo, Taconic Biosciences |
Last Modified Date | 15 Nov 2024 |
Animal Model Market Report (2023 - 2033)
Animal Model Market Overview
What is the Market Size & CAGR of Animal Model market in 2023?
Animal Model Industry Analysis
Animal Model Market Segmentation and Scope
Request a custom research report for industry.
Animal Model Market Analysis Report by Region
Europe Animal Model Market Report:
Europe, with a market size starting at $4.47 billion in 2023, aims for $11.10 billion by 2033. The growth is propelled by increasing government funding and a strong presence of leading pharmaceutical companies. Moreover, efforts to comply with animal welfare laws impact model selection effectively.Asia Pacific Animal Model Market Report:
The Asia Pacific market is expected to grow from $3.08 billion in 2023 to $7.65 billion by 2033, driven by increased investments in biopharmaceuticals and rising demand for advanced research facilities. Countries like China and India are becoming hubs for R&D due to lower operational costs and a growing pool of skilled professionals, thus attracting foreign investments.North America Animal Model Market Report:
North America dominated the market with a size of $4.60 billion in 2023, anticipated to reach $11.42 billion by 2033. This region is characterized by significant investment in biotechnology and pharmaceuticals, along with stringent regulations ensuring the safety and efficacy of products developed using animal models, driving a higher demand.South America Animal Model Market Report:
In South America, the market is projected to increase from $0.53 billion in 2023 to $1.33 billion by 2033. Growth in this region is fueled by enhancing regulatory frameworks and increased collaboration between local institutions and global pharmaceutical companies. However, technological adoption remains a challenge due to resource constraints.Middle East & Africa Animal Model Market Report:
The Middle East and Africa market is expected to grow from $1.63 billion in 2023 to $4.04 billion by 2033, supported by boosting investments in scientific research and healthcare. Collaboration between Europe and the Middle Eastern countries seeks to develop markets that adhere to global standards of animal research.Request a custom research report for industry.
Animal Model Market Analysis By Species
Global Animal Model Market, By Species Market Analysis (2023 - 2033)
In 2023, rodent models account for a significant market share of 86.28% amounting to $12.34 billion, expected to rise to $30.65 billion by 2033. Non-rodent models currently represent 13.72% of the market, valued at $1.96 billion, with a forecast of $4.87 billion in ten years. The high adoption rates for rodent models stem from their genetic mutability and physiological similarities to humans, making them favorable for preclinical testing.
Animal Model Market Analysis By Type
Global Animal Model Market, By Type Market Analysis (2023 - 2033)
Genetically modified models led the market in 2023, holding a revenue share of 60.55% at approximately $8.66 billion. They are projected to reach $21.51 billion by 2033, fueled by advancements in genetic engineering. Wild-type models, with a 26.74% share translating to $3.82 billion, are projected to grow to $9.50 billion. Syndromic models represent a niche portion at 12.71%, starting at $1.82 billion in 2023 and expected to rise to $4.52 billion.
Animal Model Market Analysis By End User
Global Animal Model Market, By End-User Market Analysis (2023 - 2033)
Pharmaceutical companies dominate the Animal Model market with a significant share of 60.55%, amounting to $8.66 billion in 2023, forecasted to reach $21.51 billion by 2033. Academic institutions hold a 26.74% market share valued at $3.82 billion, projected to grow to $9.50 billion. CROs occupy the remaining 12.71% with $1.82 billion and are expected to reach $4.52 billion within the same timeframe.
Animal Model Market Analysis By Application
Global Animal Model Market, By Application Market Analysis (2023 - 2033)
Oncology is the leading application area, holding a market share of 50.82% at $7.27 billion, escalating to $18.06 billion by 2033. Neurology follows with 24.54%, valued at $3.51 billion, projected to grow to $8.72 billion. Immunology stands at $1.67 billion (11.7% share) in 2023, aiming for $4.16 billion, while toxicology represents 12.94% of the market, starting at $1.85 billion and expected to reach $4.60 billion.
Animal Model Market Trends and Future Forecast
Request a custom research report for industry.