An animal model is the non-human species which is used commonly in medical research because it can mimic aspects of a disease which are found in humans. Animal models are used to obtain information about a disease and its prevention, diagnosis and treatment. Scientists use animal to learn more about health problems which affects humans as well as animals and to ensure the safety of new medical treatments. Animals are needed for development of drugs and medical procedures for treatment of diseases.
MARKEY DYNAMICS- EUROPE ANIMAL MODEL MARKET
The Europe animal model market is observing rapid growth during forecast period of 2021 to 2027. The animal model have been used for addressing various scientific questions from basic science to the development and assessment of novel vaccines or therapies. The key factors such as surge in usage of animal models in pre-clinical development is propelling growth of Europe animal model market. The increase in pipeline of pharmaceutical and biopharmaceutical companies is also boosting growth of Europe animal model market. However, growing opposition on animal testing by several organizations is hindering the growth of Europe animal model market.
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COVID-19 IMPACT ON EUROPE ANIMAL MODEL MARKET
The exclusive COVID-19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the animal model market. In addition, complete analysis of changes on animal model expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on Europe economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The rising incidences of various diseases and viral infections such as COVID-19 increases the demand for animal models for research activity during COVID-19 period. The rising prevalence of infectious diseases is also boosting growth of animal model market during COVID-19 pandemics. The rising use of animal models for development of research activities is also boosting growth of animal model market during COVID-19 period.
EUROPE ANIMAL MODEL MARKET- SEGMENTAL OVERVIEW
The Europe animal model market is categorised into animal type, application, end user and country.
EUROPE ANIMAL MODEL MARKET BY ANIMAL TYPE
Based on animal type, the Europe animal model market is segmented into the pigs, cats, mice, monkey, rabbit and other animals such as dog. In which monkey is also contributing to the growth of Europe animal model market. The researcher considered the gene insertion in the monkey which will lead to monkey models of human diseases such as alzheimer’s disease, diabetes, heart diseases and obesity which offers the more robust testing ground for novel drugs, gene therapy and modified stem cells. This makes them more demandable in the market.
EUROPE ANIMAL MODEL MARKET BY APPLICATION
Based on application, the Europe animal model market is bifurcated into the research and development and production and quality control. The research and development segment is estimated to dominate the market in 2020. The growing research and development activities in pharmaceutical industries is propelling growth of Europe animal model market. The rising exigency for quality testing of pharmaceuticals is also driving growth of Europe animal model market. The rising development novel medicines is also refuelling growth of Europe animal model market.
EUROPE ANIMAL MODEL MARKET BY END USER
Based on end user, the Europe animal model market is categorised into the research institute, pharmaceutical companies, contract research organizations and educational institutes. In which contract research organizations is also contributing to the growth of the Europe animal model market. The rising outsourcing of pharmaceuticals is propelling growth of Europe animal model market. The growing cases of chronic diseases is also boosting growth of Europe animal model market. The rising drug safety regulations is also driving growth of Europe animal model market.
EUROPE ANIMAL MODEL MARKET BY COUNTRY
The Europe animal model market is studied for key countries such as United Kingdom, Germany, France, Italy and Spain. In which United Kingdom is anticipated to dominate the market in 2020. The rising research and development activities in healthcare industry is propelling growth of Europe animal model market. The rising need for drug safety data is also boosting growth of Europe animal model market. The rising demand for vaccine development is also boosting growth of Europe animal model market.
KEY PLAYERS IS ANIMAL MODEL MARKET
The key players comprised in animal model market are Janvier Labs, Charles River Laboratories, Genoway S.A., Envigo, Taconic Laboratories, Transgenic Inc., Sage Labs, Horizon Discovery, Crown Bioscience Inc. and Harbor Antibodies Bv (A Subsidiary Of Harbor Biomed) among others.
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