Global Rat Model Market Insights 2029: Drivers, Challenges, and Revenue Forecast
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What Is The Predicted Market Size Of The Rat Model Industry By 2029?
The market size for rat models has witnessed a robust growth in the previous years. It is projected to expand from $1.65 billion in 2024 to $1.75 billion in 2025, registering a compound annual growth rate(CAGR) of 6.6%. The notable growth in the past duration has been due to increased necessity for preclinical research, amplified government funding, heightened demand for research, initiatives towards drug development, and the surge in chronic diseases.
In the forthcoming years, the rat model market is anticipated to experience significant expansion, reaching a value of $2.54 billion by 2029, with a compound annual growth rate (CAGR) of 9.7%. The surge during the forecast period can be explained by the increasing applications in the realm of personalized medicine, escalating demand for animal models in drug discovery, heightened emphasis on disease prevention, the growth of the biopharmaceutical sector, advancements in imaging techniques, and funding from both government and private entities. Key trends predicted for the forecast period encompass international collaborations in research, technological progress in imaging, the incorporation of omics technologies, enhanced genome editing techniques, escalating importance of rat models in disease research, and the emergence of personalized medicine and customized rat models.
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Which Industry Forces Are Driving The Rat Model Market Forward?
The surge in chronic illnesses is predicted to propel the expansion of the rat model market. Chronic illnesses are conditions that persist for a year or more, interfering with daily tasks, requiring consistent medical attention, or both. Rat models have proven vital in understanding the origin, immune reactions, and treatment of lasting infections, offering significant knowledge that contributes to the creation of novel therapies and interventions. For example, the World Health Organization, a specialized agency of the United Nations based in Switzerland, reported in September 2023 that there were 41 million deaths, making up 74% of global deaths annually due to non-communicable diseases (NCDs) or chronic diseases. Hence, the escalating occurrence of chronic diseases is fueling the growth of the rat model market.
What Is The Segment Breakdown Of The Rat Model Market?
The rat modelmarket covered in this report 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
Subsegments:
1) By Knockout: CRISPR Knockout, Traditional Knockout
2) By Outbred: Sprague Dawley, Long-Evans, Wistar
3) By Inbred: Fischer 344, Lewis, Buffalo
4) By Hybrid: F1 Hybrid, F2 Hybrid
5) By Immunodeficient: Nude Rats, SCID Rats
6) By Conditioned: Obese Rats, Diabetic Rats
How Are Global Trends Impacting The Development Of The Rat Model Market?
Several major enterprises in the rat model market are forming strategic alliances for preclinical studies in oncology and other therapeutic fields. Forming partnerships with companies specializing in rat models allows them to concentrate on their main business, while taking advantage of the proficiency and cost effectiveness provided by these specialized suppliers, who have the necessary infrastructure and resources for rat model creation. For example, in March 2022, a partnership was formed between Hera BioLabs, a US-based biotech firm, and Charles River Laboratories, International Inc., a US-based pharmaceutical company, for the commercialization of Hera’s SRG rat, also known as OncoRat. Charles River, as part of this collaboration, will be responsible for the breeding, distribution, sales, and marketing of the SRG rat to the preclinical research sector. The SRG rat, a highly immunodeficient rat, is perfect for xenograft or PDX studies, offering distinctive benefits over mouse models for in vivo efficacy assessment of potential cancer treatments. This model addresses the shortcomings of smaller mouse models, allowing for greater tumor growth, simpler surgeries, and an increased amount of tissue and serum for analysis, including repeat sampling.
Which Companies Are Contributing Significantly To The Rat Model Market Growth?
Major companies operating in the rat model market include Genoway S.A., Biomere, Transposagen Biopharmaceuticals Inc., Horizon Discovery Group PLC, Transviragen Inc., Charles River Laboratories International Inc., Taconic Biosciences Inc., Envigo Ltd., Laboratory Corporation of America Holdings, Janvier Labs, Harlan Laboratories Inc., Sage Path Labs, Applied StemCell Inc., Regenera Pharma Ltd., Cyagen Biosciences Inc., Ozgene Pty Ltd, Yecuris Corporation, Hera BioLabs Inc., Beijing Biocytogen Co. Ltd., Ingenious Targeting Laboratory, InVivos Pte Ltd., Kymab Limited, Mirimus Inc., Pharmaron Beijing Co. Ltd., PolyGene AG, Shanghai Model Organisms Center Inc., Sino Biological Inc., Synthego Corporation, Transgenic Inc., ViGene Biosciences Inc., Viva Biotech Holdings, WuXi AppTec Co. Ltd.
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Which Region Is Leading Innovation In The Rat Model Market?
North America was the largest region in the rat model market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global rat model market report during the forecast period. The regions covered in the rat model market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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