Animal model Market is referred as those animals on which biological and pathological experiment are performed and tested. The animal models are used as they have similar physiological and organic structures as that of humans. Moreover, some of the animals have almost similar genetic structures as of humans. So, animal models are used by research scientists and other peoples for studying of certain diseases and treatment of that disease and test the end products before using on the humans and development of new products. Novel drugs are investigated in animals for efficacy and safety before they are examined in peoples.
Market Dynamics - Asia Pacific Animal Model Market
The Asia Pacific animal model is witnessing tremendous growth during forecast period of 2021 to 2027. The animal model have extensive applications in the area of research and development, production and quality control department. The dynamic factors such as rising investments in vaccines and treatment against contagious diseases is propelling growth of Asia Pacific animal model market. Increasing in demand for therapeutics and vaccines against COVID-19 is also propelling growth of Asia Pacific animal model market. However, high cost of study is hindering growth of Asia Pacific animal model market.
COVID-19 Impact on Asia Pacific 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 Asia Pacific 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.
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Asia Pacific Animal Model Market – Segmental Overview
The Asia Pacific animal model market is segmented into animal type, application, end user and country.
Asia Pacific Animal Model Market by Animal Type
The animal type such as pigs, cats, mice, monkey, rabbit and other animal type such as dogs are comprised in the Asia Pacific animal model market. In which pigs are also contributing to the growth of Asia Pacific animal model market. The guinea pig are widely used in medical research. Primarily in the study of respiratory, nervous and immune systems. Gerbils and guinea pig have a similar hearing range as of humans which makes them more demandable in the market.
Asia Pacific Animal Model Market by Application
The applications such as research and development and production and quality control are covered in the Asia Pacific animal model market. The production and quality control is also contributing in the growth of Asia Pacific animal model market. The growing research and development activities is propelling growth of Asia Pacific animal model market. The rising production of new medicines is also boosting growth of Asia Pacific animal model market.
Asia Pacific Animal Model Market by End User
The end users like research institutes, pharmaceutical companies, contract research organizations and educational institutes are comprised in the Asia Pacific animal model market. In which educational institutes are also contributing to the growth of Asia Pacific animal model market. The rising use of animal for biological evaluations is propelling growth of Asia Pacific animal model market. The growing development of new entities is also boosting growth of Asia Pacific animal model market.
Asia Pacific Animal Model Market Key Players
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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