Rat and Mouse Model Market Research Report 2021 Size, Share, Business Strategies Growth Forecast and Industry Statistics Until 2027

Global Rat and Mouse Model Market is valued at approximately USD 1.9 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.5 % over the forecast period 2021-2027.

The U.S. current-account deficit increased and reached US$ 234.8 billion in Q4 2021. However, the Canadian Dollar exchange (CAD) increased by 29.9% in Q1 22 to reach US$ 294.4 billion, widening the imbalance by US$ 68.6 billion. In the first quarter of 2022, exports of goods and services rose by US$ 27.7 billion, totaling US$ 1.07 trillion. However, the nation's goods and services deficit decreased to US$ 79.9 billion in June from US$ 87.9 billion in May, which was corrected, a US$ 5.7 billion decrease that indicated some relief. On the other hand, the annual inflation rate in the country hit 8.7%.

Market overview
Rat and Mouse Model accurately reflects the genetic structure of human population. It is used for the precision of medical approaches and testing of other drugs. The increasing number of research activities in the medical sector has led to the adoption of Rat and Mouse Model across the forecast period.

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For Instance: according to ifpma.org in 2021, the global pharmaceutical industry's share approximately USD 24 billion in research & development activities. According to the Indian Brand Equity Fund (IBEF) in 2020, Indian pharmaceuticals spend 8- 13 % on research and development activities. Rising adoption of rat & mouse models for the precision of medicine & pharmaceutical approaches anticipate the growth of Rat and Mouse Model market. Also, with the increasing adoption of rodent models, the adoption & demand for Rat and Mouse Model is likely to increase the market growth during the forecast period. However, ethical values regarding the use of animals for research activities impede the growth of the market over the forecast period of 2021-2027.

The geographical regions considered for the global Rat and Mouse Model market analysis includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is deemed as the significant region across the globe in terms of huge market share due to the increasing research and development in the pharmaceutical industry. Whereas, Asia-Pacific is also estimated to attain a maximum growth rate during 2021-2027. Factors such as rising research activities for drug discovery and rising development and increasing adoption of rodent models would create beneficial growth forecasts for the Rat and Mouse Model market across Asia-Pacific region.

Major market players included in this report are:
Charles River Laboratories International, Inc.
The Jackson Laboratory
Laboratory Corporation of America Holdings (Covance)
Perkin Elmer (Horizon Discovery Group plc)
genOway
Envigo
JANVIER LABS
Taconic Biosciences, Inc.
Biomedical Research Models (Biomere)
Transpogen Biopharmaceutical, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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By Type:
Knockout
Knock-in
Outbred
Others
By Technology:
Nuclear transferase
Microinjection
Embryonic stem cells
CRISPR/Cas9
Others
By Service:
Cryopreservation
Breeding
Rederivation
Genetic testing
Quarantine depending
Others
By Application:
Cardiovascular diseases
Genetic diseases
Cancer
Infectious diseases
Transplantation
Toxicology studies
Others
By End-Use:
Pharmaceutical companies
Academic and research facilities
Biotechnology companies
Contract research & manufacturing organizations

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Table of Content

Executive Summary
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Risk Assessment: COVID-19 Impact
Market Segmentation
Regional Analysis
Competitive Intelligence
Research Process
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This release was published on openPR.