What is Global Animal used in Research and Testing Market?
The Global Animal used in Research and Testing Market is a significant sector in the scientific community. It refers to the use of animals for research and testing purposes in various fields such as pharmaceuticals, biotechnology, and academic research. These animals, which include rats, mice, and others, are used as models to study disease processes, test potential treatments, and evaluate the safety and efficacy of drugs and other substances. The market for these animals is vast and growing, driven by the increasing demand for effective treatments for various diseases and conditions. The use of animals in research and testing is regulated by various laws and guidelines to ensure ethical treatment and minimize suffering.
Rat, Mice, Other in the Global Animal used in Research and Testing Market:
Rats and mice are the most commonly used animals in research and testing. They are chosen for their small size, short lifespan, and ease of handling. They also breed quickly and have a high degree of genetic similarity to humans, making them ideal for studying human diseases. Other animals used in research include rabbits, guinea pigs, dogs, cats, and non-human primates. Each species offers unique advantages and is chosen based on the specific requirements of the study. The choice of animal is a critical factor in the success of the research and can significantly impact the results.
Academic & Research Institutes, Pharmaceutical & Biotechnology Companies in the Global Animal used in Research and Testing Market:
The Global Animal used in Research and Testing Market is primarily utilized by academic and research institutes and pharmaceutical and biotechnology companies. Academic and research institutes use animals to gain a better understanding of biological processes and disease mechanisms. This knowledge is then used to develop new treatments and therapies. Pharmaceutical and biotechnology companies use animals to test the safety and efficacy of new drugs and treatments before they are approved for use in humans. The use of animals in these sectors is crucial for advancing medical and scientific knowledge and improving human health.
Global Animal used in Research and Testing Market Outlook:
In 2023, the Global Animal used in Research and Testing Market was valued at US$ 3152 million. The market is expected to grow significantly over the next few years, reaching a value of US$ 5044 million by 2030. This represents a compound annual growth rate (CAGR) of 7.0% during the forecast period from 2024 to 2030. This growth is driven by the increasing demand for effective treatments for various diseases and conditions, as well as advancements in technology that enable more efficient and ethical use of animals in research and testing.
| Report Metric | Details |
| Report Name | Animal used in Research and Testing Market |
| Accounted market size in 2023 | US$ 3152 million |
| Forecasted market size in 2030 | US$ 5044 million |
| CAGR | 7.0% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | Charles River Laboratories, Envigo, Taconic Biosciences, Jackson Laboratory, Crown Biosciences, Shanghai SLAC, Shangghai Modelorg, GenOway, Syngene International, Psychogenics, Pharmaron, Pharmalegacy, Horizon Discovery Group, Vitalstar Biotechnology |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
