Market Size and Forecast: Animal Model Market
The Animal Model Market was valued at approximately USD 2.78 billion in 2024 and is projected to reach USD 5.53 billion by 2034, growing at a compound annual growth rate (CAGR) of 7.12% during the forecast period. This growth is fueled by the increasing demand for animal models in drug discovery, toxicology testing, and disease research.
Rodents, particularly mice and rats, dominate the market due to their genetic similarities to humans, short life cycles, and cost-effectiveness. The pharmaceutical and biotechnology sectors are the primary end-users, utilizing animal models for preclinical testing and the development of novel therapeutics.
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