(PharmaNewsWire.Com, December 01, 2023 ) As per Maximize Market research, the Humanized Mouse and Rat Model Market was USD 242.3 Mn in 2022 and is expected to grow at a CAGR of 6.1 percent over the forecast period to reach USD 366.74 Mn by 2029.
Humanized Mouse and Rat Model Market Report Scope and Research Methodology
The research methodology for the Humanized Mouse and Rat Model Market involves segment analysis based on type, application, and end-user, including their respective sub-segments. The report incorporates insights into mergers and acquisitions undertaken by major industry players. Data collection employed both primary and secondary research methods, with subsequent analysis conducted through SWOT and PESTLE assessments.
The widespread integration of humanized mouse and rat models in drug discovery and research is a significant catalyst for market growth. Despite the hindrance posed by the high cost of custom models, the evolution of personalized medicine driving the market forward.
Humanized Mouse and Rat Model Market Regional Insights
North America held the largest share of the market in 2022 and is expected to grow significantly throughout the forecast period. The region’s expenditure on healthcare and research driving the market’s growth.
Humanized Mouse and Rat Model Market Key Competitors include:
The Jackson Laboratory
Charles River Laboratories
Taconic Biosciences
Horizon Discovery
Crown Bioscience
Maximize Market Research is leading Healthcare research firm, has also published the following reports:
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