Global Laboratory Animals and Supplies Category - Procurement Market Intelligence Report

Global Laboratory Animals and Supplies Category - Procurement Market Intelligence Report

About Laboratory Animals and Supplies Market

Laboratory animals and supplies include animals (i.e., those procured for laboratory testing such as rats, mice, sheep, and monkeys) and supplies required for animal testing (such as research kits for animal testing). Laboratory animals can be defined as any vertebrate that is obtained for research, testing, and teaching. Supplies for animal testing can be defined as any environment enrichment tools, fixtures, or laboratory consumables required to facilitate animal research and testing. For instance, reptile basking lamps, ear tags for animals, agar-agar, active yeast, and general anesthetics.

The increasing need for preclinical trials for providing drug safety evidence has led to the growth in the use of laboratory animals, which in turn, is driving the market growth. Moreover, advancements in the field of genetic engineering have made the production of customized animal breeds easier, which can be utilized for developing new medicines, and this is driving the growth of the laboratory animals and supplies market.

Covered in this report

The report provides actionable insights to improve source-to-contract cycle performance in the Global Laboratory Animals and Supplies Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

SpendEdge’s report, Global Laboratory Animals and Supplies Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

• Advancements in techniques such as genetic mapping and genetic modeling
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• Protest from animal welfare societies
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• Consider cooperative procurement
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• What are the market dynamics?
• What are the key market trends?
• What are the category growth drivers?
• What are the constraints to category growth?
• Who are the suppliers in this market?
• What are the demand-supply shifts?
• What are the major category requirements?
• What are the procurement best practices in this market?