Global Animal Model Market

Apr 2020| VMR2121A| Verified Market Research

Report Highlights

Animal Model Market Size And Forecast

According to Verified Market Research, the Animal Model Market was valued at USD 12.7 Billion in 2018 and is projected to reach USD 24.09 Billion by 2026, growing at a CAGR of 8.26% from 2019 to 2026.

Global Animal Model Market Outlook

The use of animal model helps in validation and target identification, toxicity and safety screening, drug screening and lead optimization, and in preclinical analyses of drug safety & efficacy, are the key factors anticipated to bolster the growth of the animal model market. Increasing various genetic disorder across the world and increasing research field are also expected to boom the market growth. Moreover, increasing demand for animal model to perform various studies of the disease and human physiology is further booming the market growth. The high cost of study and stringent regulatory framework are the factors that might stagnate the market growth. 

Global Animal Model Market Competitive Landscape 

The Global Animal Model Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Horizon Discovery Group plc, Trans Genic Inc, The Jackson Laboratory, Genoway SA, Transposagen Biopharmaceuticals, Inc., Crown Bioscience, Inc., Envigo CRS SA, Eurofins Scientific SE, Charles River Laboratories International, Inc and Taconic Biosciences, Inc.

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