(PharmaNewsWire.Com, December 30, 2023 ) As per Maximize Market research, the Animal Model Market was USD 18.4 Billion in 2023 and is expected to grow at a CAGR of 6.5 percent over the forecast period to reach USD 28.59 Billion by 2029.
Animal Model Market Report Scope and Research Methodology
The Animal Model Market Report encompasses a comprehensive analysis of animal models used in scientific research, providing insights into their applications across various disciplines. This report includes a detailed assessment of methodologies employed in the research, factors influencing model selection, ethical considerations, and their contributions to biomedical advancements.
Animal Model Market Dynamics
Advancements in biomedical research drive the demand for animal models, critical for replicating human disease conditions. Disease-specific models and genomic editing technologies, like CRISPR/Cas9, facilitate precise genetic modifications, enhancing models' accuracy. These models aid in preclinical testing, particularly for HIV/AIDS research, and offer valuable insights for drug development, aligning closely with human disease pathology and characteristics.
Animal Model Market Regional Insights
North America, led by the United States and Canada, dominates the animal model market with robust infrastructure and substantial funding in biomedical research. The region's advancements in science influence global trends, setting high standards for research quality and technology adoption. Investments in North American research shape worldwide biomedical innovations and contribute significantly to the animal model market's growth.
Maximize Market Research is leading Healthcare research firm, has also published the following reports:
Humanized Mouse and Rat Model Market - The market size is expected to reach USD 366.74 Mn. by 2029 at a CAGR of 6.1 percent during the forecast period.
Humanized Liver Mice Model Market -The Market size is expected to reach USD 134.13 Mn. by 2029 at a CAGR of 6.12 percent during the forecast period.
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