Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 261.03 Million | USD 446.27 Million | 6.14% | 2023 |
The global humanized mouse and rat model market size was worth around USD 261.03 million in 2023 and is predicted to grow to around USD 446.27 million by 2032 with a compound annual growth rate (CAGR) of roughly 6.14% between 2024 and 2032.
The report covers forecasts and analysis for the humanized mouse and rat model market on a global and regional level. The study provides historic data from 2018 along with forecasts from 2024 to 2032 based on revenue (USD Million). The study includes drivers and restraints for the humanized mouse and rat model market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the humanized mouse and rat model market on a global as well as regional level.
In order to give the users of this report a comprehensive view of the humanized mouse and rat model market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides a company market share analysis in order to give a broader overview of the key players in the humanized mouse and rat model market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new type launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the humanized mouse and rat model market on a global and regional basis.
A humanized mouse refers to a mouse with functioning human tissues, cells, genes, and/or organs. These humanized mice are useful for biological and medical research as small animal models for human therapeutics. Also, these can be used as models to study the human immune system to mimic pathological conditions and may facilitate therapeutic drug candidate evaluation in vitro.
The demand for humanized mouse and rat model market is driven by increasing humanized model-based research and development activities for various therapeutic applications such as cancer, autoimmune and immunodeficiency disorders, rare genetic disorders, etc. along with a rising preference for personalized medicine, continuous funding from the government to support research and growing collaborations between academic institutes and industries.
However, the high cost of development, strict ethical regulations on animal welfare, and time intensive development process are major factors that may impede the market growth. With increasing monoclonal antibody production, emerging markets are expected to bring new growth avenues for major players in humanized mouse and rat models.
Report Attributes | Report Details |
---|---|
Report Name | Humanized Mouse and Rat Model Market Research Report |
Market Size in 2023 | USD 261.03 Million |
Market Forecast in 2032 | USD 446.27 Million |
Growth Rate | CAGR of 6.14% |
Number of Pages | 210 |
Key Companies Covered | Yecuris Corporation, Hera BioLabs, and Horizon Discovery Group plc. Major players in humanized mouse models are Champions Oncology, Inc., Transgenic, Inc., Crown Bioscience, Inc., AXENIS S.A.S, inGenious Targeting Laboratory, Vitalstar Biotechnology Co., Ltd., Hera BioLabs, Harbour Antibodies BV, Charles River Laboratories, genOway, S.A., Horizon Discovery Group plc, Taconic Biosciences, Inc., and The Jackson Laboratory among others. |
Segments Covered | By Type, By Application, By End-Use and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Based on type, the global humanized mouse and rat model market is bifurcated into humanized rat models and humanized mouse models. The humanized mouse models segment accounted for the largest market share in 2018 whereas humanized rat models segment is expected to grow at the highest CAGR over the forecast period. The humanized mouse model type segment is further split into cell based humanized mouse models and genetic humanized mouse models. The key factors for the growth of humanized mouse models are increasing biotechnology and pharmaceutical research and development activities, increasing investment in research on the development of humanized models along with increasing demand for personalized medicines.
Based on applications market is segmented into hematopoiesis, toxicology, neuroscience, immunology and infectious diseases, oncology, and other applications. The oncology application segment is projected to witness the highest growth rate over the forecast period owing to the increasing prevalence of cancer across the globe and the rise in the fund to support research studies on cancer.
The end user segment of the humanized mouse and rat model market is divided into academic & research institutes, contract research organizations (CROs), and pharmaceutical & biotechnological companies. The largest end users for the global humanized mouse and rat model market were pharmaceutical & biotechnological companies in 2018. Contract research organizations are projected to witness rapid growth in the coming years. The growing preference for outsourcing studies is expected to boost the demand for CROs.
North America dominated the global humanized mouse and rat model market in 2018. Increasing focus to develop humanized mouse and rat models for various therapeutic applications, increasing investment for research on humanized models, increasing demand for personalized medicine, presence of major market players, and presence of developed infrastructure are the factors attributing to the growth in this region. Europe was the second largest market in terms of revenue share. The availability of research funds, increasing R&D spending for the development of personalized medicine, and the presence of developed infrastructure are factors that boost the market growth in this region. Asia Pacific region will be the rapidly growing market for humanized mouse and rat models.
The growing focus of contract research organizations on business expansion in emerging markets like China and India, the focus of pharmaceutical companies on reducing the drug approval time, and growth in the pharmaceutical and biopharmaceutical industry in Asia, are factors that are expected to propel market growth in the Asia Pacific. The Middle East and Africa will register slower growth compared to other regions. On the other hand, Latin America will exhibit moderate growth in the coming years.
The global humanized mouse and rat model market is dominated by players like:
Global Humanized Mouse and Rat Model Market: Type
Global Humanized Mouse and Rat Model Market: By Application
Global Humanized Mouse and Rat Model Market: By End User
Global Humanized Mouse and Rat Model Market: By Region
FrequentlyAsked Questions
Experimental animals referred to as humanized mouse and rat models have undergone genetic modification or engrafting with human cells, tissues, or organs in order to replicate physiological processes, immune responses, and the pathogenesis of diseases. Inbiomedical research utilizes these models as invaluable instruments for investigating human maladies, evaluating therapeutic interventions, and comprehending biological processes that are unique to humans.
Constant progress in genetic engineering methodologies, exemplified by the utilization of CRISPR-Cas9 technology, facilitates the modification of mouse and rat genomes in a more accurate and efficient manner, thereby enabling the development of humanized models. Enhanced techniques for engrafting human tissues or cells into these animals also contribute to the expansion of the market.
The global humanized mouse and rat model market size was worth around USD 261.03 million in 2023 and is predicted to grow to around USD 446.27 million by 2032.
The global humanized mouse and rat model market with a compound annual growth rate (CAGR) of roughly 6.14% between 2024 and 2032.
North America dominated the global humanized mouse and rat model market in 2018. Increasing focus to develop humanized mouse and rat models for various therapeutic applications, increasing investment for research on humanized models, increasing demand for personalized medicine, presence of major market players, and presence of developed infrastructure are the factors attributing to the growth in this region. Europe was the second largest market in terms of revenue share.
Major players in humanized rat models are Yecuris Corporation, Hera BioLabs, and Horizon Discovery Group plc. Major players in humanized mouse models are Champions Oncology, Inc., Transgenic, Inc., Crown Bioscience, Inc., AXENIS S.A.S, inGenious Targeting Laboratory, Vitalstar Biotechnology Co., Ltd., Hera BioLabs, Harbour Antibodies BV, Charles River Laboratories, genOway, S.A., Horizon Discovery Group plc, Taconic Biosciences, Inc., and The Jackson Laboratory among others.
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