LONDON, March 12, 2020 /PRNewswire/ -- TheBusinessResearchCompany.com adds a new market report Animal Testing And Non-Animal Alternative Testing Market By Segmentation (Animal Type, Industrial Application), Trends, Technologies, Value Chain Analysis, Drivers, Restraints And Competitive Landscape - Global Forecasts To 2035 to its research database. View Complete Report @ https://www.thebusinessresearchcompany.com/report/animal-testing-and-non-animal-alternative-testing-market
Animal Testing And Non-Animal Testing Market Size
The global animal testing market was valued at $10.74 billion in 2019 and the market is expected to grow at a compound annual growth rate (CAGR) of 4.27% during 2019-2025 and at a CAGR of 2.46% during 2025-2035.
Growth in the forecast period will result from the need for preclinical studies for the approval of therapeutics, increasing investment in R&D by the pharmaceutical companies, advances in genetic engineering, and the need for animal models to understand the complexity of biologics.
The global non-animal alternative testing market was valued at $1.11 billion in 2019. The market is expected to grow at a CAGR of 10.40% during 2019-2025 and at a CAGR of 11.62% during 2025-2035.
Increasing Popularity Of Non-Animal Alternative Testing Technologies
Non-animal testing market technologies are being developed to reduce the usage of animals, fast track the drug development process, and develop cost-effective methods. These alternative to animal testing market technologies that are gaining prominence include cell & tissue culture (in-vitro), organ-on-chip, in-silico, computer simulations, 3D bioprinting of tissues, artificial skin model, synthetic skin substitutes, non-vertebrate animal models, high-throughput screening technology using Franz cell principle, etc. These technologies replace animal testing in end-use industries including pharmaceuticals, medical devices, chemicals & pesticides, food, and others. Request a Sample Copy of This Research Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=2755&type=smp
Interest in non-animal testing market technologies has been growing, as they are cost-effective, more efficient, and often less time-consuming. Protests by animal welfare organizations such as People For The Ethical Treatment Of Animals (PETA) and Cruelty-Free International have put tremendous pressure on both federal agencies and companies (that perform animal testing) to reduce or eliminate animal testing market and to use alternative to animal testing methods wherever applicable. Owing to these factors, the European Union (EU) has banned animal testing in the cosmetics industry, while the USA does not mandate any animal testing for cosmetic products. In the USA, the Environmental Protection Agency (EPA) has decided to end the use of animal testing in the chemical industry by 2035, whereas the National Institutes of Health (NIH) and other regulatory agencies have implemented proposals to support alternative non-animal testing technologies for both the pharmaceutical and medical device industries.
Adoption of Alternative to Animal Testing Market Technologies By Type of End-Use
The adoption of alternative testing technologies is the highest in the cosmetics industry followed by the pharmaceutical and medical device industries. The adoption of these technologies in other industries including the chemicals & pesticides, food, and animal feed industries is lower than that in the pharmaceuticals and medical devices industries. Most widely adopted alternative testing technologies include the in-vitro methods related to human cells or tissues and organ-on-chips, and in-silico methods that are used to test safety and efficacy of a product.
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Increasing Collaborations & Partnerships To Reduce Animal Testing
End-use industries including cosmetics, pharmaceutical, medical devices, chemicals, and food companies are increasingly seeking partnerships and collaborations with the organizations involved in developing non-animal alternative testing technologies. Collaborations of these end-use companies with leading scientists, academic research institutions, government agencies, and non-profit organizations help them better understand the industry requirements and bottlenecks in the deployment of these alternative technologies. For instance, Unilever collaborated with the US Environmental Protection Agency (EPA) to develop alternatives to animal testing strategies. Since 2013, AstraZeneca has been collaborating with Emulate, Inc. to develop organ-on-chip technology, which is expected to reduce the use of animals in research as well as the cost and time of discovery and development. In a similar way, the Estee Lauder Companies recently expanded its partnership with Cruelty-Free International and Humane Society International to end animal testing in cosmetics.
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