Global Rat Model Market Report 2023: Forecast Market Size, Growth Rate And Key Drivers
20 Jun, 2023
The global rat model market size is expected to grow from $1.44 billion in 2022 to $1.56 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. 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 global rat model market size is expected to reach $2.13 billion in 2027 at a CAGR of 8.1%.
Global Rat Model Market Key Driver
The rising demand for pharmaceuticals is projected to drive the growth of the rat model market in the near future. Rat models assist researchers in doing research on various medicines because they are easier to feed and smaller in size than more complicated mammals, such as primates, and are a more practical option. As a result, the market for rat models grows as the demand for medicines rises.
Get a sample of the global rat model market reportGlobal Rat Model Market Segments
The global rat model market is segmented:
1) By Type: Knockout, Outbred, Inbred, Hybrid, Immunodeficient, Conditioned
2) By Service: Cryopreservation, Breeding, Re-derivation, Genetic Testing, Quarantine Depending, Other Services
3) By Technology: Nuclear Transferase, Microinjection, Embryonic Stem Cell, Other Technologies
4) By Application: Oncology, Neurology, Immunology, Toxicology, Other Applications
5) By Geography: The regions covered in the rat model market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global rat model market.
Major Rat Model Industry Players
Genoway S.A., Biomere, Transposagen Biopharmaceuticals Inc., Horizon Discovery Group PLC, Transviragen Inc., Charles River Laboratories International Inc., Taconic Biosciences Inc., Envigo Ltd., Laboratory Corporation of America Holdings, Janvier Labs, Harlan Laboratories Inc., Sage Path Labs, Applied StemCell Inc., Regenera Pharma Ltd., Taconic Biosciences Inc.
Get the full global rat model market report
Rat Model Market Overview
The rat model refers to an process that uses rat functional genes, cells, tissues, and organs. These mouse models are employed to simulate both pathological and healthy conditions of the human immune system. The use of humanized rat models is crucial for preclinical research since they may be used to simulate human disease states, evaluate the effectiveness of compounds, and examine how they affect human proteins.
Rat Model Global Market Report 2023 provides data on the global rat model market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The rat model market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.