The Non-Animal Alternatives Testing Global Market Report 2023 by The Business Research Company, provides non-animal alternatives testing market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Non-Animal Alternatives Testing Global Market Report 2023, the market size is expected to grow from$1.78 billion in 2022 to $1.94 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global non-animal alternatives testing is expected to grow from $2.9 billion in 2027 at a CAGR of 10.5%.
The support from the government and non-governmental organizations boosts the growth of the non-animal testing market. The government organizations enforce laws and regulations, raise funds to support non-animal testing methods such as tests on human volunteers, and advanced computer-modeling techniques, and also fund studies with human volunteers. In order to support non-animal testing, People for the Ethical Treatment of Animals (PETA) India, in 2022, announced a grant of 7 lakh rupees in order to advance animal-free methods for toxicology testing. Similar research programs to promote non-animal testing procedures are also initiated by countries such as Denmark, Brazil, Germany, Switzerland, Australia, China, and Korea. The constant support from the government drives the growth of the non-animal testing market.
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The non-animal alternatives testing market is segmented:
1) By Technology: Cell Culture Technology, High Throughput Technology, Molecular Imaging, Omics Technology, Other Technologies
2) By Method: Cellular Assay, Biochemical Assay, In Silico., Ex-vivo
3) By End-User: Pharmaceutical Industry, Cosmetics & Household Products, Diagnostics, Chemicals Industry, Food Industry
OOCs (organs-on-chips) tool for testing is a major trend in the non-animal alternatives testing market. Organs-on-a-chips (OOCs) are miniature tissues and organs grown in-vitro that enable the modelling of human physiology and disease. OOCs are now being explored worldwide as tools for developing disease models and accurately predicting drug efficacies and toxicities. The advantages of OOCs over cell culture, animal models, and human clinical trials have captured the attention of both the medical and pharmaceutical communities, focusing on developing targeted therapies. For instance, in April 2020, researchers at the Massachusetts Institute of Technology (MIT) in the US developed a new model for Organs-on-a-Chip to develop treatments for inflammatory diseases and afflictions. Organs-on-a-chip consist of millions of cells formed on a platform to replicate the functions of different organs and can be used as an instrument in analysing and creating new treatments for complex diseases without the use of animals for testing.
The non-animal alternatives testing market report table of contents includes:
- Executive Summary
- Non-Animal Alternatives Testing Market Characteristics
- Non-Animal Alternatives Testing Market Trends And Strategies
- Non-Animal Alternatives Testing Market – Macro Economic Scenario
- Non-Animal Alternatives Testing Market Size And Growth
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- Africa Non-Animal Alternatives Testing Market
- Non-Animal Alternatives Testing Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Non-Animal Alternatives Testing Market
- Non-Animal Alternatives Testing Market Future Outlook and Potential Analysis
- Appendix
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