Rat Model Market worth 602.3 Million USD by 2020

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MarketsandMarkets Presents
Rat Model Market worth 602.3 Million USD by
2020
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t-model-market-76036494.html
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The report "Rat Model Market by Type (Outbred,
Knockout, Conditioned, Technology
(Microinjection, Embryonic Stem Cells),
Application (Toxicology, Oncology, CNS), Service
(Breeding, Cryopreservation, Quarantine) Care
Products (Cages, Bedding, Feed) - Forecasts to
2020", analyzes and studies the major market
drivers, threats, and barriers in North America,
Europe, Asia-Pacific, and the Rest of the World
(RoW). Browse 119 tables and 19 figures spread
through 299 pages and in-depth TOC on "Rat Model
Market by Type (Outbred, Knockout, Conditioned,
Technology (Microinjection, Embryonic Stem
Cells), Application (Toxicology, Oncology, CNS),
Service (Breeding, Cryopreservation, Quarantine)
Care Products (Cages, Bedding, Feed) -
Forecasts to 2020" http//www.marketsandmarkets.c
om/Market-Reports/rat-model-market-76036494.html

 
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• This report studies the global rat model market
  over the forecast period of 2015 to 2020. The
  market is estimated at USD 358.5 Million in 2014
  and is expected to reach USD 602.3 Million by
  2020, growing at a CAGR of 9.4 from 2015 to
  2020.
• The global rat model market is categorized into
  four broad segments, namely, by type, by
  technology, by application, and by service. The
  rat model market, by type, comprises inbred,
  outbred, congenic/hybrid, surgically modified,
  knockout, and immunodeficient rats. The market
  for technology is segmented into microinjection,
  embryonic stem cell technique, nuclear
  transferase, and others. By application, the rat
  model market is segmented into toxicology,
  diabetes, CNS, oncology, immunology,
  inflammation, and others. 

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• The market for rat model services is segmented
  into breeding, cryopreservation, quarantine,
  rederivation, genetic testing, model
  in-licensing, and other services (surgical and
  line rescue). The report also includes the rat
  care products market, which includes cages, feed,
  bedding, and others.
• The major factors propelling the growth of the
  rat model market include the introduction of
  transgenic rat models, growing biomedical and
  translational research, ongoing preclinical
  activities in life sciences, growing field of
  personalized medicine, growing biosimilars
  market, and increasing government investments and
  funds that have stimulated the usage of advanced
  rat models in the biotechnology and
  pharmaceutical industries.

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• Furthermore, research into cancer and neurology
  has increased the application areas of rat
  models. The U.S. accounts for the largest share
  of the rat model market. This large share can be
  attributed to the growing epidemiology of
  diseases and simultaneous investments in the
  development of rat models, revised funding plans
  by the NIH to enhance the reproducibility of
  results in preclinical tests, increasing
  preclinical services for biosimilars, growing
  biomedical research, and increasing preclinical
  activities by CROs and pharmaceutical industries.

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• However, China is expected to witness highest
  growth in the rat model market, followed by
  Germany, during the forecast period. A number of
  factors such as international alliances for RD
  activities, increasing investments in government
  and private sectors in the life sciences sector,
  and less stringent laws (as compared to developed
  markets) are driving the growth of the Chinese
  rat model market.

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• Major players in the rat model market include
  Charles River Laboratories (U.S.), Taconic
  Biosciences, Inc. (U.S.), Janvier Labs (France),
  genOway S.A. (France), Covance, Inc. (U.S.),
  Harlan Laboratories, Inc. (U.S.), SAGE Labs
  (U.S.), Transposagen Biopharmaceuticals, Inc.
  (U.S.), Biomedical Research Models, Inc. (U.S.),
  and Transviragen Inc.

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