Market Forecast By Animal Type (Rat, Mice, Guinea Pigs, Rabbits, Others), By Application (Drug Discovery & Development, Basic Research, Others), By End Users (Pharma & Biotech Companies, Academic Research Institutes, Others) And Competitive Landscape
Product Code: ETC406908 | Publication Date: Oct 2022 | Updated Date: Mar 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | Egypt Animal Model Market |
Forecast period | 2024-2030 |
CAGR | 5.4% |
Growing Sector | Pharmaceutical |
Egypt Animal Model Market report thoroughly covers the market by animal type, by application, and by end users. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Egypt animal model market is currently undergoing significant growth stimulated by the country's stronger focus on research and development in the biomedical sector. This market provides essential support for scientific advances in genetics, drug development, and personalized medicine, making animal models a cornerstone of medical breakthroughs.
According to 6Wresearch, the Egypt Animal Model Market size is projected to grow at a CAGR of 5.4% during the forecast period 2024-2030. One of the primary catalysts for market expansion is the heightened demand for more sophisticated models in research that mirror human diseases accurately. This increased demand can be attributed to the burgeoning pharmaceutical sector and a reinforced emphasis on preclinical testing to ensure drug efficacy and safety. Despite the growth prospect, the Egypt Animal Model industry faces prominent challenges, such as the concerning ethical standards and animal welfare. The necessity for advanced breeding facilities and expertise in genetic manipulation further complicates market development.
Nevertheless, some trends are shaping the market growth such as the rising shift towards more humane and precise research practices. Partnerships between academia and industry are becoming more prevalent, fostering innovation. Furthermore, there is an increasing trend toward adopting the 3Rs principle to minimize the ethical implications associated with animal research, enhancing the market's sustainability and public acceptability.
The Egyptian government has implemented initiatives aimed at reinforcing the country's biomedical sector, including the animal model market. There is an active push for the establishment of ethical standards and encouragement of public-private partnerships, with the intent to position Egypt as a leader in medical research within the country. Additionally, government funding for biotechnological research has seen an increase, highlighting a commitment to supporting the necessary infrastructure and expertise required in the field.
The Egypt Animal Model Market is dominated by a few key players who have a major influence on the industry's trends and dynamics. These players include Envigo and Taconic Biosciences, CROs, LLC (PPD) and Charles River Laboratories operate in Egypt, serving the drug discovery and development processes and thereby contributing to the growth of the market.
The Egypt animal model market growth is likely to bolster driven by continuous advancements in medical research and biotechnology. The adoption of advanced genetic engineering techniques and a growing emphasis on personalized medicine are expected to open new avenues for the application of animal models. As ethical considerations and global competition shape the market, we may anticipate more robust frameworks for regulation, and an increased emphasis on sustainable and ethical research practices, ultimately ensuring the market's long-term dynamism and resilience.
According to Dhaval, Research Manager, 6Wresearch, Drug Discovery & Development emerges as the growing sector in the market. Propelled by pharmaceutical companies' relentless pursuit to innovate new therapies and the pressing need for more effective medications, this application utilizes animal models extensively.
Based on the end users, Pharma and biotech companies stand out as the primary end users witnessing growth in the Egypt Animal Model Market. These corporations are driving demand due to their extensive involvement in drug discovery and development. As they seek to unveil novel treatments and advance medical research, the reliance on animal models becomes increasingly crucial for preclinical testing stages.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Animal Model Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Animal Model Market Revenues & Volume, 2020 & 2030F |
3.3 Egypt Animal Model Market - Industry Life Cycle |
3.4 Egypt Animal Model Market - Porter's Five Forces |
3.5 Egypt Animal Model Market Revenues & Volume Share, By Animal Type , 2020 & 2030F |
3.6 Egypt Animal Model Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 Egypt Animal Model Market Revenues & Volume Share, By End Users, 2020 & 2030F |
4 Egypt Animal Model Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Animal Model Market Trends |
6 Egypt Animal Model Market, By Types |
6.1 Egypt Animal Model Market, By Animal Type |
6.1.1 Overview and Analysis |
6.1.2 Egypt Animal Model Market Revenues & Volume, By Animal Type , 2020 - 2030F |
6.1.3 Egypt Animal Model Market Revenues & Volume, By Rat, 2020 - 2030F |
6.1.4 Egypt Animal Model Market Revenues & Volume, By Mice, 2020 - 2030F |
6.1.5 Egypt Animal Model Market Revenues & Volume, By Guinea Pigs, 2020 - 2030F |
6.1.6 Egypt Animal Model Market Revenues & Volume, By Rabbits, 2020 - 2030F |
6.1.7 Egypt Animal Model Market Revenues & Volume, By Others, 2020 - 2030F |
6.2 Egypt Animal Model Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Egypt Animal Model Market Revenues & Volume, By Drug Discovery & Development, 2020 - 2030F |
6.2.3 Egypt Animal Model Market Revenues & Volume, By Basic Research, 2020 - 2030F |
6.2.4 Egypt Animal Model Market Revenues & Volume, By Others, 2020 - 2030F |
6.3 Egypt Animal Model Market, By End Users |
6.3.1 Overview and Analysis |
6.3.2 Egypt Animal Model Market Revenues & Volume, By Pharma & Biotech Companies, 2020 - 2030F |
6.3.3 Egypt Animal Model Market Revenues & Volume, By Academic Research Institutes, 2020 - 2030F |
6.3.4 Egypt Animal Model Market Revenues & Volume, By Others, 2020 - 2030F |
7 Egypt Animal Model Market Import-Export Trade Statistics |
7.1 Egypt Animal Model Market Export to Major Countries |
7.2 Egypt Animal Model Market Imports from Major Countries |
8 Egypt Animal Model Market Key Performance Indicators |
9 Egypt Animal Model Market - Opportunity Assessment |
9.1 Egypt Animal Model Market Opportunity Assessment, By Animal Type , 2020 & 2030F |
9.2 Egypt Animal Model Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 Egypt Animal Model Market Opportunity Assessment, By End Users, 2020 & 2030F |
10 Egypt Animal Model Market - Competitive Landscape |
10.1 Egypt Animal Model Market Revenue Share, By Companies, 2023 |
10.2 Egypt Animal Model Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |