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Global Laboratory Model Animal Market Research Report 2025

Global Laboratory Model Animal Market Research Report 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1912811

No of Pages : 75

Synopsis
Series of animals that are easy to be maintained, reproduced and studied in a laboratory. Besides, they grow relatively quickly and have short generation times, meaning that they swiftly produce offspring. Conducting basic research on model organisms also helps researchers better understand the cellular and molecular workings of the human body, in addition to how diseases propagate.
The global Laboratory Model Animal market was valued at US$ 529 million in 2023 and is anticipated to reach US$ 765 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
According to Our PET Supplies Research Center, the global pet industry reached $ 261 billion in 2022, a year-on-year increase of 11.3%. The United States gains the highest pet penetration rate and becomes the largest pet market. According to the American Pet Products Association (APPA), 66% of American households keep pets, and the total industry sales was about US$136.8 billion, an increase of 10.8% over 2021. According to IVH, the German pet products industry association, the number of pets in Germany reached 33.4 million in 2022, with a total turnover of nearly €6.5 billion. The 2023 China Pet Industry Trend Insight White Paper released by JD shows that the market size of the four major pet physical commodities is increasing year by year: pet supplies account for 45%, pet staple food accounts for nearly 35%, pet snacks account for 12%, and pet medicine and health care account for 197%.
This report aims to provide a comprehensive presentation of the global market for Laboratory Model Animal, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Laboratory Model Animal.
Report Scope
The Laboratory Model Animal market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Laboratory Model Animal market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Laboratory Model Animal companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Lab Product Inc.
Taconic Biosciences
JAX Laboratory
Charles River Laboratories
ALS Association
Envigo
Crown Bioscience Inc.
Genoway S.A.
Segment by Type
Homozygote
Heterozygote
Genetically Modified
Segment by Application
Behavioural Research
Genetic Research
Drug & Vaccine Test
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Laboratory Model Animal companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Laboratory Model Animal Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Homozygote
1.2.3 Heterozygote
1.2.4 Genetically Modified
1.3 Market by Application
1.3.1 Global Laboratory Model Animal Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Behavioural Research
1.3.3 Genetic Research
1.3.4 Drug & Vaccine Test
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Laboratory Model Animal Market Perspective (2019-2030)
2.2 Laboratory Model Animal Growth Trends by Region
2.2.1 Global Laboratory Model Animal Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Laboratory Model Animal Historic Market Size by Region (2019-2024)
2.2.3 Laboratory Model Animal Forecasted Market Size by Region (2025-2030)
2.3 Laboratory Model Animal Market Dynamics
2.3.1 Laboratory Model Animal Industry Trends
2.3.2 Laboratory Model Animal Market Drivers
2.3.3 Laboratory Model Animal Market Challenges
2.3.4 Laboratory Model Animal Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Laboratory Model Animal Players by Revenue
3.1.1 Global Top Laboratory Model Animal Players by Revenue (2019-2024)
3.1.2 Global Laboratory Model Animal Revenue Market Share by Players (2019-2024)
3.2 Global Laboratory Model Animal Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Laboratory Model Animal Revenue
3.4 Global Laboratory Model Animal Market Concentration Ratio
3.4.1 Global Laboratory Model Animal Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Laboratory Model Animal Revenue in 2023
3.5 Laboratory Model Animal Key Players Head office and Area Served
3.6 Key Players Laboratory Model Animal Product Solution and Service
3.7 Date of Enter into Laboratory Model Animal Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Laboratory Model Animal Breakdown Data by Type
4.1 Global Laboratory Model Animal Historic Market Size by Type (2019-2024)
4.2 Global Laboratory Model Animal Forecasted Market Size by Type (2025-2030)
5 Laboratory Model Animal Breakdown Data by Application
5.1 Global Laboratory Model Animal Historic Market Size by Application (2019-2024)
5.2 Global Laboratory Model Animal Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Laboratory Model Animal Market Size (2019-2030)
6.2 North America Laboratory Model Animal Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Laboratory Model Animal Market Size by Country (2019-2024)
6.4 North America Laboratory Model Animal Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Laboratory Model Animal Market Size (2019-2030)
7.2 Europe Laboratory Model Animal Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Laboratory Model Animal Market Size by Country (2019-2024)
7.4 Europe Laboratory Model Animal Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Laboratory Model Animal Market Size (2019-2030)
8.2 Asia-Pacific Laboratory Model Animal Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Laboratory Model Animal Market Size by Region (2019-2024)
8.4 Asia-Pacific Laboratory Model Animal Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Laboratory Model Animal Market Size (2019-2030)
9.2 Latin America Laboratory Model Animal Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Laboratory Model Animal Market Size by Country (2019-2024)
9.4 Latin America Laboratory Model Animal Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Laboratory Model Animal Market Size (2019-2030)
10.2 Middle East & Africa Laboratory Model Animal Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Laboratory Model Animal Market Size by Country (2019-2024)
10.4 Middle East & Africa Laboratory Model Animal Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Lab Product Inc.
11.1.1 Lab Product Inc. Company Detail
11.1.2 Lab Product Inc. Business Overview
11.1.3 Lab Product Inc. Laboratory Model Animal Introduction
11.1.4 Lab Product Inc. Revenue in Laboratory Model Animal Business (2019-2024)
11.1.5 Lab Product Inc. Recent Development
11.2 Taconic Biosciences
11.2.1 Taconic Biosciences Company Detail
11.2.2 Taconic Biosciences Business Overview
11.2.3 Taconic Biosciences Laboratory Model Animal Introduction
11.2.4 Taconic Biosciences Revenue in Laboratory Model Animal Business (2019-2024)
11.2.5 Taconic Biosciences Recent Development
11.3 JAX Laboratory
11.3.1 JAX Laboratory Company Detail
11.3.2 JAX Laboratory Business Overview
11.3.3 JAX Laboratory Laboratory Model Animal Introduction
11.3.4 JAX Laboratory Revenue in Laboratory Model Animal Business (2019-2024)
11.3.5 JAX Laboratory Recent Development
11.4 Charles River Laboratories
11.4.1 Charles River Laboratories Company Detail
11.4.2 Charles River Laboratories Business Overview
11.4.3 Charles River Laboratories Laboratory Model Animal Introduction
11.4.4 Charles River Laboratories Revenue in Laboratory Model Animal Business (2019-2024)
11.4.5 Charles River Laboratories Recent Development
11.5 ALS Association
11.5.1 ALS Association Company Detail
11.5.2 ALS Association Business Overview
11.5.3 ALS Association Laboratory Model Animal Introduction
11.5.4 ALS Association Revenue in Laboratory Model Animal Business (2019-2024)
11.5.5 ALS Association Recent Development
11.6 Envigo
11.6.1 Envigo Company Detail
11.6.2 Envigo Business Overview
11.6.3 Envigo Laboratory Model Animal Introduction
11.6.4 Envigo Revenue in Laboratory Model Animal Business (2019-2024)
11.6.5 Envigo Recent Development
11.7 Crown Bioscience Inc.
11.7.1 Crown Bioscience Inc. Company Detail
11.7.2 Crown Bioscience Inc. Business Overview
11.7.3 Crown Bioscience Inc. Laboratory Model Animal Introduction
11.7.4 Crown Bioscience Inc. Revenue in Laboratory Model Animal Business (2019-2024)
11.7.5 Crown Bioscience Inc. Recent Development
11.8 Genoway S.A.
11.8.1 Genoway S.A. Company Detail
11.8.2 Genoway S.A. Business Overview
11.8.3 Genoway S.A. Laboratory Model Animal Introduction
11.8.4 Genoway S.A. Revenue in Laboratory Model Animal Business (2019-2024)
11.8.5 Genoway S.A. Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
List of Tables
List of Tables
Table 1. Global Laboratory Model Animal Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030
Table 2. Key Players of Homozygote
Table 3. Key Players of Heterozygote
Table 4. Key Players of Genetically Modified
Table 5. Global Laboratory Model Animal Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030
Table 6. Global Laboratory Model Animal Market Size by Region (US$ Million): 2019 VS 2023 VS 2030
Table 7. Global Laboratory Model Animal Market Size by Region (2019-2024) & (US$ Million)
Table 8. Global Laboratory Model Animal Market Share by Region (2019-2024)
Table 9. Global Laboratory Model Animal Forecasted Market Size by Region (2025-2030) & (US$ Million)
Table 10. Global Laboratory Model Animal Market Share by Region (2025-2030)
Table 11. Laboratory Model Animal Market Trends
Table 12. Laboratory Model Animal Market Drivers
Table 13. Laboratory Model Animal Market Challenges
Table 14. Laboratory Model Animal Market Restraints
Table 15. Global Laboratory Model Animal Revenue by Players (2019-2024) & (US$ Million)
Table 16. Global Laboratory Model Animal Market Share by Players (2019-2024)
Table 17. Global Top Laboratory Model Animal Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Laboratory Model Animal as of 2023)
Table 18. Ranking of Global Top Laboratory Model Animal Companies by Revenue (US$ Million) in 2023
Table 19. Global 5 Largest Players Market Share by Laboratory Model Animal Revenue (CR5 and HHI) & (2019-2024)
Table 20. Key Players Headquarters and Area Served
Table 21. Key Players Laboratory Model Animal Product Solution and Service
Table 22. Date of Enter into Laboratory Model Animal Market
Table 23. Mergers & Acquisitions, Expansion Plans
Table 24. Global Laboratory Model Animal Market Size by Type (2019-2024) & (US$ Million)
Table 25. Global Laboratory Model Animal Revenue Market Share by Type (2019-2024)
Table 26. Global Laboratory Model Animal Forecasted Market Size by Type (2025-2030) & (US$ Million)
Table 27. Global Laboratory Model Animal Revenue Market Share by Type (2025-2030)
Table 28. Global Laboratory Model Animal Market Size by Application (2019-2024) & (US$ Million)
Table 29. Global Laboratory Model Animal Revenue Market Share by Application (2019-2024)
Table 30. Global Laboratory Model Animal Forecasted Market Size by Application (2025-2030) & (US$ Million)
Table 31. Global Laboratory Model Animal Revenue Market Share by Application (2025-2030)
Table 32. North America Laboratory Model Animal Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 33. North America Laboratory Model Animal Market Size by Country (2019-2024) & (US$ Million)
Table 34. North America Laboratory Model Animal Market Size by Country (2025-2030) & (US$ Million)
Table 35. Europe Laboratory Model Animal Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 36. Europe Laboratory Model Animal Market Size by Country (2019-2024) & (US$ Million)
Table 37. Europe Laboratory Model Animal Market Size by Country (2025-2030) & (US$ Million)
Table 38. Asia-Pacific Laboratory Model Animal Market Size Growth Rate by Region (US$ Million): 2019 VS 2023 VS 2030
Table 39. Asia-Pacific Laboratory Model Animal Market Size by Region (2019-2024) & (US$ Million)
Table 40. Asia-Pacific Laboratory Model Animal Market Size by Region (2025-2030) & (US$ Million)
Table 41. Latin America Laboratory Model Animal Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 42. Latin America Laboratory Model Animal Market Size by Country (2019-2024) & (US$ Million)
Table 43. Latin America Laboratory Model Animal Market Size by Country (2025-2030) & (US$ Million)
Table 44. Middle East & Africa Laboratory Model Animal Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 45. Middle East & Africa Laboratory Model Animal Market Size by Country (2019-2024) & (US$ Million)
Table 46. Middle East & Africa Laboratory Model Animal Market Size by Country (2025-2030) & (US$ Million)
Table 47. Lab Product Inc. Company Detail
Table 48. Lab Product Inc. Business Overview
Table 49. Lab Product Inc. Laboratory Model Animal Product
Table 50. Lab Product Inc. Revenue in Laboratory Model Animal Business (2019-2024) & (US$ Million)
Table 51. Lab Product Inc. Recent Development
Table 52. Taconic Biosciences Company Detail
Table 53. Taconic Biosciences Business Overview
Table 54. Taconic Biosciences Laboratory Model Animal Product
Table 55. Taconic Biosciences Revenue in Laboratory Model Animal Business (2019-2024) & (US$ Million)
Table 56. Taconic Biosciences Recent Development
Table 57. JAX Laboratory Company Detail
Table 58. JAX Laboratory Business Overview
Table 59. JAX Laboratory Laboratory Model Animal Product
Table 60. JAX Laboratory Revenue in Laboratory Model Animal Business (2019-2024) & (US$ Million)
Table 61. JAX Laboratory Recent Development
Table 62. Charles River Laboratories Company Detail
Table 63. Charles River Laboratories Business Overview
Table 64. Charles River Laboratories Laboratory Model Animal Product
Table 65. Charles River Laboratories Revenue in Laboratory Model Animal Business (2019-2024) & (US$ Million)
Table 66. Charles River Laboratories Recent Development
Table 67. ALS Association Company Detail
Table 68. ALS Association Business Overview
Table 69. ALS Association Laboratory Model Animal Product
Table 70. ALS Association Revenue in Laboratory Model Animal Business (2019-2024) & (US$ Million)
Table 71. ALS Association Recent Development
Table 72. Envigo Company Detail
Table 73. Envigo Business Overview
Table 74. Envigo Laboratory Model Animal Product
Table 75. Envigo Revenue in Laboratory Model Animal Business (2019-2024) & (US$ Million)
Table 76. Envigo Recent Development
Table 77. Crown Bioscience Inc. Company Detail
Table 78. Crown Bioscience Inc. Business Overview
Table 79. Crown Bioscience Inc. Laboratory Model Animal Product
Table 80. Crown Bioscience Inc. Revenue in Laboratory Model Animal Business (2019-2024) & (US$ Million)
Table 81. Crown Bioscience Inc. Recent Development
Table 82. Genoway S.A. Company Detail
Table 83. Genoway S.A. Business Overview
Table 84. Genoway S.A. Laboratory Model Animal Product
Table 85. Genoway S.A. Revenue in Laboratory Model Animal Business (2019-2024) & (US$ Million)
Table 86. Genoway S.A. Recent Development
Table 87. Research Programs/Design for This Report
Table 88. Key Data Information from Secondary Sources
Table 89. Key Data Information from Primary Sources
List of Figures
Figure 1. Global Laboratory Model Animal Market Size Comparison by Type (2024-2030) & (US$ Million)
Figure 2. Global Laboratory Model Animal Market Share by Type: 2023 VS 2030
Figure 3. Homozygote Features
Figure 4. Heterozygote Features
Figure 5. Genetically Modified Features
Figure 6. Global Laboratory Model Animal Market Size Comparison by Application (2024-2030) & (US$ Million)
Figure 7. Global Laboratory Model Animal Market Share by Application: 2023 VS 2030
Figure 8. Behavioural Research Case Studies
Figure 9. Genetic Research Case Studies
Figure 10. Drug & Vaccine Test Case Studies
Figure 11. Laboratory Model Animal Report Years Considered
Figure 12. Global Laboratory Model Animal Market Size (US$ Million), Year-over-Year: 2019-2030
Figure 13. Global Laboratory Model Animal Market Size, (US$ Million), 2019 VS 2023 VS 2030
Figure 14. Global Laboratory Model Animal Market Share by Region: 2023 VS 2030
Figure 15. Global Laboratory Model Animal Market Share by Players in 2023
Figure 16. Global Top Laboratory Model Animal Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Laboratory Model Animal as of 2023)
Figure 17. The Top 10 and 5 Players Market Share by Laboratory Model Animal Revenue in 2023
Figure 18. North America Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 19. North America Laboratory Model Animal Market Share by Country (2019-2030)
Figure 20. United States Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 21. Canada Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 22. Europe Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 23. Europe Laboratory Model Animal Market Share by Country (2019-2030)
Figure 24. Germany Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 25. France Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 26. U.K. Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 27. Italy Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 28. Russia Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 29. Nordic Countries Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 30. Asia-Pacific Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 31. Asia-Pacific Laboratory Model Animal Market Share by Region (2019-2030)
Figure 32. China Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 33. Japan Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 34. South Korea Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 35. Southeast Asia Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 36. India Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 37. Australia Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 38. Latin America Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 39. Latin America Laboratory Model Animal Market Share by Country (2019-2030)
Figure 40. Mexico Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 41. Brazil Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 42. Middle East & Africa Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 43. Middle East & Africa Laboratory Model Animal Market Share by Country (2019-2030)
Figure 44. Turkey Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 45. Saudi Arabia Laboratory Model Animal Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 46. Lab Product Inc. Revenue Growth Rate in Laboratory Model Animal Business (2019-2024)
Figure 47. Taconic Biosciences Revenue Growth Rate in Laboratory Model Animal Business (2019-2024)
Figure 48. JAX Laboratory Revenue Growth Rate in Laboratory Model Animal Business (2019-2024)
Figure 49. Charles River Laboratories Revenue Growth Rate in Laboratory Model Animal Business (2019-2024)
Figure 50. ALS Association Revenue Growth Rate in Laboratory Model Animal Business (2019-2024)
Figure 51. Envigo Revenue Growth Rate in Laboratory Model Animal Business (2019-2024)
Figure 52. Crown Bioscience Inc. Revenue Growth Rate in Laboratory Model Animal Business (2019-2024)
Figure 53. Genoway S.A. Revenue Growth Rate in Laboratory Model Animal Business (2019-2024)
Figure 54. Bottom-up and Top-down Approaches for This Report
Figure 55. Data Triangulation
Figure 56. Key Executives Interviewed

Published By : QY Research

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