Rat And Mouse Model Market Projected To Raise At USD 2.9 Billion By 2028

 San Francisco, 20 Sep 2023: The Report Rat And Mouse Model Market Size, Share & Trends Analysis Report By Type (Knockout, Knock-in), By Technology, By Service (Breeding, Rederivation), By Application (COVID-19, CVS), By End-use, And Segment Forecasts, 2021 - 2028

The global rat and mouse model market size is anticipated to reach USD 2.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.5% from 2021 to 2028. Recent advancements in the field of genetic engineering including piggyBac technologies, Cas-CLOVER, and CRISPR/Cas9 facilitate researchers to develop immunodeficient rat models which can be used for human cell/tissue regeneration and transplants.

Key companies have leveraged advanced technologies such as machine learning, big data analytics, genome engineering tools, and next-generation sequencing technology to develop mouse and rat models with more human-like microbiomes, immune systems, and genetic backgrounds. For instance, models from the Jackson Laboratory reflect the genetic diversity showcased by the human population.

Market participants are focused to develop novel methods to certify that in vivo and in vitro testing complement each other. In this regard, an increase in the adoption rate of organoid systems has been observed. These systems guide engineering as well as enhance the use and selection of animal models. Moreover, the rise in utilization of mouse model in the analysis of SARS-CoV-2 infection in upper and lower respiratory tract infections drives the global market.

Access Research Report of Rat And Mouse Model Market @ https://www.grandviewresearch.com/industry-analysis/rat-mouse-model-market-report

Rat And Mouse Model Market Report Highlights

• The outbred model system generated the largest revenue amongst model type as outbred strains are genetically diverse and feature well-characterized, stable genetic variation which accurately reflects the genetic structure of human populations
• Therefore, outbred strains such as the Diversity Outbred (DO) mice are used to analyze the genetic complexity behind cancer, autoimmune disorders, addiction, obesity, heart disease, diabetes, and Alzheimer's disease
• The CRISPR/Cas9 segment is anticipated to witness the fastest CAGR from 2021 to 2028 as CRISPR/Cas9 can target any definite exons for exclusion or inclusion within an mRNA
• Additionally, the use of the CRISPR/Cas9 system to generate the knockout mouse models simplifies the whole process and reduces the timeframe from 1-2 years to 6 months
• The cryopreservation segment is expected to gain significant traction during the forecast period
• The technique provides a fast and reliable procedure for archiving sperm and embryos of valuable mice strains
• Cancer is the largest revenue-generating application segment as the mouse and human genomes are homologous. Thus, it provides a good tool for cancer research as well as for drug discovery
• Pharmaceutical and biotechnology companies dominated the end-use segment in terms of revenue share in 2020. Rat and mice models are some of the most used animal models in drug discovery
• Techniques such as CRISPR/Cas9, homologous recombination, and random transgenesis help the biotech and pharma companies to analyze hypotheses or to generate rat models for human diseases
• Genetically engineered models play a vital role to assess and characterize target identification, disease pathology, and in vivo assessment of new molecular entities
• Profitable opportunities offered by the developing nations and have attracted investments from global companies in the Asia Pacific region
• For instance, in July 2021, ERS Genomics Limited signed a non-exclusive license agreement with Japan SLC. This provided the latter access to CRISPR/Cas9 patent portfolio offered by ERS Genomics
• As Japan SLC offers transgenic, hybrid, congenic, immunodeficient, inbred, and outbred animal models to research organizations; an addition of CRISPR/Cas9 technology will enhance its portfolio for rat and mouse models in Japan

Rat And Mouse Model Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 2.03 billion
Revenue forecast in 2028	USD 2.93 billion
Growth Rate	CAGR of 5.5% from 2021 to 2028
Base year for estimation	2020
Historical data	2018 - 2019
Forecast period	2021 - 2028

List of Key Players of Rat And Mouse Model Market

• Charles River Laboratories International, Inc.
• The Jackson Laboratory
• Laboratory Corporation of America Holdings (Covance)
• Perkin Elmer (Horizon Discovery Group plc)
• genOway
• Envigo
• JANVIER LABS
• Taconic Biosciences, Inc.
• Biomedical Research Models (Biomere)
• Transpogen Biopharmaceutical, Inc.

Access Press Release of Rat And Mouse Model Market @ https://www.grandviewresearch.com/press-release/global-rat-mouse-model-market