Research Methodology – Animal Model Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Animal Model Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Animal Model Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share
- Type of animals used: rodents, rabbits, dogs, pigs, monkeys, cats, etc.
- The use of animals in various sectors: pharmaceuticals, academia, diagnostics, cosmetics, and others.
- Geographical distribution of the market.
- Number of suppliers in the animal model market like labs, universities, and research institutes.
- Regulatory restrictions and ethical considerations in different regions.
- Market share of the leading companies in the animal model market.
- Prices of animal models.
- Technological advancements in breeding and genetic modification techniques.
2 Key Market Indicators
- Economic indicators: GDP, health care expenditure, research and development expenditure etc.
- Regulatory policies and public sentiment toward the use of animals in research.
- Trends in medical research such as increasing preference for genetically modified models.
- Number of research projects conducted in areas such as oncology, cardiology, genetic disorders, and others, which use animal models.
- Advancements in technologies such as CRISPR for creating animal models.
- Patent expiration dates of blockbuster drugs which can stimulate demand for new drug development using animal models.
3 Growth Trends
- Growing demand for personalized medicine driving the need for more specific animal models.
- Shift from traditional testing methods towards in-vivo animal models for better and accurate results.
- Increased funding in research and development for diseases like cancer, Alzheimer's, and others that rely on animal models.
- Growth in pharmaceutical and biotechnology industries that require animal models for drug testing and development.
- Increase in genetic research and development which requires genetically engineered animals.
- Emerging markets in regions such as Asia-Pacific due to increased funding and lenient regulations.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Animal Model Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Animal Model Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights