Global Animal Model Market is driven by rising R&D investments in pharmaceutical industry
The animal model market involves the use of live animal subjects in scientific experimentation and research. Animals such as mice, rats, fish, birds and rabbits are widely used as they share physiological similarities with humans. Industry players offer specialized animal models that mimic human diseases and offer insights for developing effective diagnostics and therapies. Animal testing remains vital for developing safe and efficacious drugs, medical devices and understanding disease pathology. Key areas of research include oncology, cardiovascular disorders, neurological disorders and infectious diseases. However, researchers are constantly working on alternatives such as organ-on-chip microfluidic devices and computer modeling to reduce dependency on live animal subjects.
The Global Animal Model Market was valued at US$ 1,577.30 Mn in 2021 and is forecast to reach a value of US$ 2,394.30 Mn by 2028 at a CAGR of 6.0% between 2022 and 2028.
.There is growing Animal Model Market Demand and disease model mice owing to increasing R&D investments by pharma companies in developing personalized medicines. Industry players are focusing on humanizing mice by engrafting human tissues, organs and genes that mimic human diseases.
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