Rat Model Market: Upcoming Demands and Growth Analysis 2023
This report gives readers a comprehensive overview of the Rat Model Market:
The rat model market is broadly segmented on the basis of type, application and by services. The rat model market by type includes hybrid rats, outbred rats, inbred rats, immnuodeficient rats, transgenic and surgically modified rat models. The outbred rats held the largest share in the rat model market owing to the extensive application of toxicology. By application, the market has been segmented into immunology, oncology, central nervous system, cardiovascular, diabetes, and metabolism & regulation. By services, the rat model is segmented as breeding, cryopreservation, quarantine, rederivation, genetic testing, and in vivo and in vitro pharmacology services. The cryopreservation segment is expected to grow at the highest rate as it requires less investment to maintain rat strain for a longer time.
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Geographically, the global rat model market has been categorized into North America, Europe, Asia Pacific, Latin America and Rest of the World (RoW). North America held the largest share in the rat model market. The dominance of the region is majorly due to the robust research activities for the development of drugs and biologics and presence of major pharmaceutical and biotechnology companies in the region. Europe had the second largest share in the global rat model market. Germany was the leading country in Europe. Asia Pacific is expected to be the fastest growing market for the rat model during the forecast period from 2015 to 2023. This high growth is primarily due to the increasing number of academic and contract research organizations in Japan, China, Australia, and India which shows an immense opportunities to companies in the rat model market. The market in Latin America and Rest of the World would witness a significant growth due to increasing public and private investment in biomedical researches, rising awareness, and flexible regulatory scenario.
Some of the major players operating in global rat model market are Charles River Laboratories, Biomedical Research Models, Inc., Covance, Inc., genOway S.A., Harlan Laboratories, Inc., SAGE Labs, Transviragen Inc., Transposagen Biopharmaceuticals, Inc. and others.
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