The Rat Model Global Market Report 2023, provides comprehensive information on the rat model market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Rat Model Global Market Report 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%.
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Strategic partnerships have emerged as the key trend gaining popularity in the rat model market. Many companies operating in rat model are undergoing partnerships to strengthen their position in the market. For example, in 2022, Hera BioLabs, a US-based company that creative preclinical service and technology that offers novel gene-editing and rat model creation technologies collaborated with Charles River Laboratories, International Inc, a US-based company pharmaceutical company specializing in a variety of preclinical and clinical laboratories. With this partnership, Hera will concentrate on offering services utilizing the model, while Charles River will focus on breeding, dispersing, selling, and marketing the SRG rat directly to the preclinical research community.
The 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
North America was the largest region in the rat model market in 2022.
The table of contents in TBRC’s rat model market report includes:
- Executive Summary
- Rat Model Market Characteristics
- Rat Model Market Trends And Strategies
- Rat Model Market – Macro Economic Scenario
- Rat Model Market Size And Growth
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- Africa Rat Model Market
- Rat Model Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Rat Model Market
- Rat Model Market Future Outlook and Potential Analysis
- Appendix
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