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DUBLIN--(BUSINESS WIRE)--Nov 4, 2022--
The "Global Rat Model Market Research and Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.
The global rat model market is projected to grow at a significant CAGR during the forecast period. The major factors that are augmenting the growth of the market include the increasing investment by the pharma companies in R&D coupled with the increasing demand for personalized drugs.
The rat model is used in many applications such as diabetes, toxicology, immunology, oncology, neurology, and infectious disease as well as some rare disease. The growing production of monoclonal antibodies further gives a boost to the growth of the global rat model market. However, certain factors are affecting the growth of the market negatively such as rules and regulations & laws formulated by the government organizations such as the Animal welfare Act (AWA), and the Public health care policy (PHS) for the ethical use of animals in research and human care.
Segmental Outlook
The global rat model market is segmented based on technology and type. By technology, the market is segmented into microinjection, embryonic stem cell injection, nuclear transferase technology, and CRISPR. Further, based on the type, the market is segmented into inbred rats, outbred rats, knockout rats, and others such as hybrid rats.
CRISPR technology is projected to contribute a prominent share in the global market owing to its high use. In addition, the increasing demand for genetically modified animals creates demand for CRISPR technology for various applications within the rat-based research activity.
Rat Model Type Insights: Outbred Models to Contribute Significantly to the Market Growth
Various rat models are available for research such as the inbred rat model, outbred rat model, knockout rat model, and others. The outbred type is projected to contribute a significant share in the global market. Outbred rat models allow in-depth research and further help in predicting variations in reactions for the same drug by individual animals. This model is mostly supplied by commercial breeding firms. However, there are few types of models such as knockout and hybrid that are gaining popularity over the outbred models
Regional Outlooks
The global rat model market is analyzed based on the geographical regions contributing significantly towards the growth of the market. Based on the geography, the market is segmented into North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and the Rest of the World. North America is estimated to contribute a prominent share in the global rat model market. The region, especially the And country has the highest spending on R&D, which is one of the major factors driving the regional growth of the market.
The Report Covers
Key Topics Covered:
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Segmentation
5. Regional Analysis
6. Company Profiles
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/e17tlj
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KEYWORD:
INDUSTRY KEYWORD: HEALTH GENETICS RESEARCH PHARMACEUTICAL SCIENCE BIOTECHNOLOGY
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/04/2022 11:04 AM/DISC: 11/04/2022 11:04 AM
http://www.businesswire.com/news/home/20221104005471/en