Animal model service market - showing positive signs of growth despite inhibitors |
Posted: June 4, 2020 |
The animal model market is known for the use of animals of various kinds of biological, pharmaceutical, and experimental purposes. This field includes the use of animals for finds answers to various biological problems and diseases affecting humans on a large. It also includes the use of animals for experimentation purposes for injecting them with an experimental drug before they are used on human beings. Various animals with similar biological and DNA structures are used for finding a cure for diseases like diabetes and cancer. The use of animals like an ape, mice, etc for various medical purposes is categorized under animal models global market. These may even include the use of computer-generated models for identifying the effect of certain drugs on various animals and thereby shifting them to animal and human trials depending upon success or failure. The market for animal global is projected to increase from the current 13 billion dollars USD to 24 billion Dollars USD due to various reasons. These may include the following: • Rising diseases among human beings • Increase in investment in research and pharmaceutical development field with the main focus towards finding a cure for chronic diseases like diabetes, cancer, and even COVID-19. • Biological similarities between humans and animals like ape and mice which makes them suitable for testing and experimentation. • Introduction of genetic editing including cross-species genetics used for combining various DNAs of different animals for a better breed of human beings who are less prone to diseases. The need for testing new drugs has led to the expansion of the animal model market for trials and testing. • Focus on mice and ape: Out of all the animals used for testing and experimentation of drugs like cats, rabbits, pigs, etc, mice and apes together make up a major share in the overall market for the animal model market. With better biological and neurological similarities between them and human beings, mice and apes for larges subjected to preclinical treatments and experimentation. Drugs or antibodies for treating diseases like diabetes other neurological ailments can be tested on mice which in turn can help researchers in getting better insights into their effect. Alone mice and rats contribute to more than 7 billion USD of preclinical trials and experimentation. • Countries/ regions with major share: The animal model global market has seen tremendous growth in recent years due to the introduction of CRISPR. Genetic code editing uses animals for combining their DNAs for the benefit of humans in terms of health and lifestyle. Asia is the leader in terms of the global market for animal models and services. The presence of major pharmaceutical research and development companies and an increase in investment in the field are the main reasons for such a growth in the contribution by the Asia Pacific. The global animal models services market is bound to rise but not at the identified rate. Owing to more regulatory norms in terms of protection of animals and the high cost of conducting tests on animals, the market for the animal model may see certain disturbance and hindrance. Despite the problems, the market shows a positive trend and is bound to increase in the coming years.
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