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Animal Research Workstation Market Size

  • Report ID: GMI10568
  • Published Date: Aug 2024
  • Report Format: PDF

Animal Research Workstation Market Size

Animal Research Workstation Market size was valued at USD 2.2 billion in 2023, with a projected CAGR of 5.1% between 2024 and 2032, driving the demand for precise animal research tools.

 

This demand is further bolstered by a rising prevalence of chronic diseases and a push for innovative therapies. As the focus on precision medicine intensifies, there's a growing need for advanced animal models to better grasp disease mechanisms and treatment outcomes. Regulatory mandates for animal research, alongside heightened R&D investments in academic and commercial realms, are key drivers of market expansion. Additionally, technological advancements, notably automation and data analytics integration, are boosting the efficiency and reliability of research, propelling the adoption of modern animal research workstations.
 

Recent data from the National Institutes of Health (NIH) reveals an 8% increase in animal research funding, underlining the sector's growing significance. Furthermore, a World Health Organization (WHO) report highlights a 12% annual rise in clinical trials involving animal models, emphasizing their pivotal role in medical progress.

 

An animal research workstation, a specialized environment, is tailored for scientific studies involving animals. These workstations, equipped with cutting-edge technologies, ensure experiments are conducted ethically and in compliance with regulations. Their core objective is to provide a secure and efficient space for animal research, driving advancements in biomedical and veterinary sciences.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The animal research workstation market size was valued at USD 2.2 billion in 2023 and will record 5.1% CAGR during 2024-2032 driven by the technological advancements in laboratory equipment and automation.

The small animal segment in the market held 64.8% share in 2023 owing to the increasing use of small animals, such as mice and rats in preclinical research and drug development.

North America animal research workstation market generated USD 912.4 million in 2023 and is anticipated to reach USD 1.4 billion by 2032 backed by robust investment in biomedical research.

Allentown LLC, Air Science USA LLC, Baker, Biobase Biodusty (Shandong), Co., Ltd., Esco Micro Pte. Ltd., Labconco, Lab Equipment Co., NuAire, Inc., and Sychem Limited.

Animal Research Workstation Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 9
  • Tables & Figures: 262
  • Countries covered: 22
  • Pages: 149
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