What is Animal Model Services Market Scope?
An animal model has also been the most popular means that of an experiment for scientists and researchers. Cosmetic analysis and for testing different therapeutics, the animal model is that the most preferred means that. Rapid developments happening within the healthcare sector at the side of the growing use of advanced technologies have created the utilization of animal models constructive and simple. In addition, the growing incidence rate of diseases with growing adverse effects of medication has boosted the expansion of the animal model. Moreover, increasing government intervention in numerous analysis institutes has helped in developing standards protocols related to animal models, which is additionally expected to boost growth in the global animal model market in the coming years.
The Animal Model Services market study is being classified by Type (Mice, Rats, Fish, Birds, Cattles and Others), by Application (Infectious Disease, Immunological Diseases, Cancer, Cardiovascular Diseases, Diabetes and Genetic Diseases) and major geographies with country level break-up.
The rapidly growing demand for personalized medicines has led to an increase in the development of humanized mouse models. Initiatives by government organizations in various academic and research institutions have led to increased awareness pertaining to the use of animal models. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Animal Model Services market throughout the predicted period.
Charles River Laboratories International, Inc. (United States), The Jackson Laboratory (United States), Horizon Discovery Group plc (United Kingdom), Trans Genic Inc (Japan), Genoway SA (France), Crown Bioscience, Inc. (United States), Taconic Biosciences, Inc. (United States), Eurofins Scientific SE (Luxembourg), Envigo CRS SA (United States), Syngene International (India), Taconic Biosciences (United States), Psychogenics (United States), Shanghai Medicilon (China), Advinus Therapeutics (India), Horizon Discovery Group (United States), Jackson Laboratory (United States) and Wuxi Apptec (China) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Animal Model Services market by Type, Application and Region.
On the basis of geography, the market of Animal Model Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In April 2019, Envigo announced to acquire Covance Research Products business through its research model services business, thereby solely focusing on research models and services. This strategic acquisition assisted the company to expand its market share and strengthening its industrial position. and In March 2019, Charles River announced a licensing collaboration with Crown Bioscience for expanding access to Zucker Diabetic Sprague-Dawley (ZDSD) rat model through its breeding and distribution. This strategic move assisted the company in enhancing its product portfolio and industrial position.
Influencing Market Trend
- Rising Concern Related to Animal Welfare
- Increased Awareness Pertaining to The Use of Animal Models
- The Rising Prevalence of Cancer
- Rapidly Growing Demand for Personalized Medicines
- Increased Research Activities
- Increasing Government Funding Along with Changing Policies
- Expensive Process
- Growing Opposition on Animal Testing by Several Organizations
- Lack Of Skilled Professionals
Key Target AudienceProviders of Animal Model Services, Governmental and Regulatory bodies and End-Users
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Animal Model Services market expands?
The Global Animal Model Services market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Animal Model Services market?
The prominent players of Global Animal Model Services market are Charles River Laboratories International, Inc. (United States), The Jackson Laboratory (United States), Horizon Discovery Group plc (United Kingdom), Trans Genic Inc (Japan), Genoway SA (France), Crown Bioscience, Inc. (United States), Taconic Biosciences, Inc. (United States), Eurofins Scientific SE (Luxembourg), Envigo CRS SA (United States), Syngene International (India), Taconic Biosciences (United States), Psychogenics (United States), Shanghai Medicilon (China), Advinus Therapeutics (India), Horizon Discovery Group (United States), Jackson Laboratory (United States) and Wuxi Apptec (China), to name a few.
3. What are the top priorities to focus for Animal Model Services marketís growth?
In this highly competitive & fast evolving Animal Model Services industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.