As per this study the Global Pig Animal Model Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of 7.00%.
Pigs are considered as one of the most important animal models today as they share the similarity of physiological, anatomical, metabolic, and genetic traits to humans. They are widely used across various research areas such as immunology, gastroenterology, neonatology, infectious diseases, neurology, nutrition, oncology, surgery, and toxicology. Because of similarity in physiology and size to human body pigs are highly in demand for clinically experimental setup, procedure, and intervention in order to develop the best treatment and practice.
The market of pig’s animal model is gaining high demand across research centers because they share the same anatomical and physiological similarities with the human. Also, the immune system of pigs is analogous to humans system, and inbred pigs such as Clawn minipigs, which helps in productive studies of immunologic mechanisms possible is further fueling market growth. Therefore, owing to the aforementioned advantage of pigs the pig has attracted attention as a valuable preclinical model for medical research and is anticipated to raise the market demand over the forecast period. However, rising concern over animal welfare and strict government regulations is likely to impede market growth. Nevertheless, expanding contract research organizations in emerging nations along with the farming human organs in pigs is likely to open new doors of opportunity to the market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of pig animal model.
The broad pig animal model market has been sub-grouped into application and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Neurology Research
- Cancer Research
- Biomedical Research
- Genetic Research
- Pharmaceutical Companies
- Contract Research Organization
- Research Institutes
- Educational Institutes
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for pig animal model in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Pig Animal Model Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the pig animal model market include Charles River Laboratories International, Inc., Envigo CRS SA, Specipig, and others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.