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Global Rat Model Market to Be Driven by Greater Application in the Area of Drug Discovery

Transparency Market Research Report Added "Rat Model Market" to its database.

 

Albany, NY -- (SBWIRE) -- 12/15/2015 -- Rats are one of the most widely used research tools in the area of biomedical sciences. The usage of rats in basic and applied research has been increasing and will continue to rise in the years to come. Research activities in the areas of biological conservation, rat genome sequencing, and gene technology give greater preference to rats as models for translating the various mechanisms underlying the progression of human disease.

The use of global rat model market in biomedical and other related areas of research offers several advantages over other similar organisms. For instance, rats prove to be excellent models for cardiovascular anomalies such as hypertension and stroke. The monitoring of a typical rat model physiology is by far the easiest. Also, over a period of time, the volume of data that has been developed will take several years more to get replicated in a mouse. Most of the times, in majority of the cases, the physiology is quite similar to the human condition.

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Cryopreservation to Fuel the Demand for Rat Model

Besides being applied in the field of basic research, the application of rat model in the area of drug discovery is gaining a lot of importance. Toxicity and safety screening, drug screening and lead optimization, target identification and validation, and the development of new therapeutic strategies for treating various human diseases are the main applications of rat models in the area of drug discovery. The global rat model market is segmented on the basis of type, applications, services, and geography. On the basis of type, the global rat model market is segmented into immunodeficient rats, inbred rats, hybrid rats, transgenic rats, outbred rats, and surgically modified rats.

Due to its extensive application in the area of toxicology, the segment for outbred rats holds the largest share of the global rat model market. Application-wise, the global rat model market is categorized into metabolism and regulation, diabetes, cardiovascular, central nervous system, oncology, and immunology. On the basis of services, this market is segmented into in-vivo and in-vitro pharmacology, genetic testing, rederivation, quanrantine, cryopreservation, and breeding. Ongoing market trends indicate that the segment for cryopreservation will expand robustly in the years to come.

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Asia Pacific Rat Model Market to Expand Robustly in the Forecasting Horizon

Geographically, the global rat model market is segmented into Latin America, Asia Pacific, Europe, North America, and Rest of the World. North America holds the highest share in the global rat model market, because a majority of biotechnology and pharmaceutical companies are domiciled in this region. Also, most research activities pertaining to drug development and biologics are carried out in the North America market.

Europe is the second largest market for rat model after North America. The Europe rat model market is led by Germany. However, it is the Asia Pacific rat model market that is anticipated to be the fastest growing between the 2015 and 2023. The robust growth of the Asia Pacific rat model market can be attributed to the rapid proliferation of contract research and academic organizations in countries such as India, Australia, China, and Japan. Also, owing to factors such as heightened awareness, flexible regulatory measures, and greater private and public investment in biomedical research, the Latin America and the Rest of the World markets for rat model will witness significant growth in the years to come.

The prominent companies operating in the global rat model market are as follows: Transposagen Biopharmaceuticals Inc., Transviragen Inc., SAGE labs, Harlan Laboratories Inc., GenOway SA., Covance Inc., Biomedical Research Models Inc., and Charles River Laboratories amongst others.

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