What is Global Rats Model Services Market?
The Global Rats Model Services Market is a unique sector that focuses on the use of rat models for various research and development purposes. These rat models are used extensively in the field of biomedical research, drug discovery, and development. The market encompasses a wide range of services including breeding, rederivation, genotyping, cryopreservation, and quarantine, among others. The demand for these services is driven by the increasing need for personalized medicine, advancements in CRISPR gene editing technology, and the growing use of rat models in infectious disease research. The market is also influenced by the rising prevalence of various diseases such as cancer, cardiovascular diseases, and neurological disorders. The rat model services market is a crucial component of the global healthcare research industry, providing invaluable resources for the development of new treatments and therapies.
Outbred, Inbred, Hybrid, Immunodeficient, Other in the Global Rats Model Services Market:
The Global Rats Model Services Market is segmented into Outbred, Inbred, Hybrid, Immunodeficient, and Other based on the type of rat models used. Outbred rats are genetically diverse and are often used in toxicology and pharmacology studies. Inbred rats, on the other hand, are genetically identical and are used in research that requires a uniform genetic background. Hybrid rats are a combination of inbred and outbred rats and are used in studies that require genetic diversity but also need a certain level of genetic control. Immunodeficient rats lack a functional immune system and are used in research involving transplantation, infectious diseases, and cancer. Other types of rat models include genetically engineered rats and disease-specific rats. Each type of rat model has its own advantages and disadvantages, and the choice of model depends on the specific requirements of the research.
Academic & Research Institutes, Pharmaceutical & Biotechnology Companies in the Global Rats Model Services Market:
The Global Rats Model Services Market finds its application in various areas such as Academic & Research Institutes and Pharmaceutical & Biotechnology Companies. Academic and Research Institutes use rat models for a variety of research purposes, including studying disease mechanisms, testing potential treatments, and conducting basic biological research. Pharmaceutical and Biotechnology Companies use rat models in drug discovery and development processes. These models help in understanding the safety and efficacy of new drugs before they are tested in humans. They also play a crucial role in the development of personalized medicine, where treatments are tailored to the individual patient based on their genetic makeup. The use of rat models in these areas is expected to continue to grow as the demand for new and effective treatments increases.
Global Rats Model Services Market Outlook:
The market outlook for the Global Rats Model Services Market is promising. In 2023, the market was valued at US$ 698 million. It is projected to reach a value of US$ 1096.4 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period from 2024 to 2030. This growth is driven by several factors, including advancements in gene editing technologies, increasing demand for personalized medicine, and the rising prevalence of various diseases. The market's growth is also supported by the increasing investment in biomedical research and the growing use of rat models in drug discovery and development.
| Report Metric | Details |
| Report Name | Rats Model Services Market |
| Accounted market size in 2023 | US$ 698 million |
| Forecasted market size in 2030 | US$ 1096.4 million |
| CAGR | 6.7% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | Charles River Laboratories, Envigo, Taconic Biosciences, Jackson Laboratory, Crown Biosciences, Shanghai SLAC, Shangghai Modelorg, GenOway, Syngene International, Psychogenics, Pharmaron, Pharmalegacy, Horizon Discovery Group, Vitalstar Biotechnology |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
