Latin America Rat Model Market Size & Outlook, 2024-2030
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Latin America rat model market highlights
- The Latin America rat model market generated a revenue of USD 35.4 million in 2023.
- The market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, outbred was the largest revenue generating type in 2023.
- Knock Out is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 35.4 million |
| Market revenue in 2030 | USD 50.9 million |
| Growth rate | 5.4% (CAGR from 2024 to 2030) |
| Largest segment | Outbred |
| Fastest growing segment | Knock Out |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Knock Out, Outbred, Inbred, Hybrid, Immunodeficient, Conditioned Rats |
| Key market players worldwide | Charles River Laboratories International Inc, Inotiv Inc, Labcorp Holdings Inc, Avista Corp, Joinn Laboratories (China) Co Ltd ADR, Janvier Labs, Transviragen, Cyagen Biosciences, genOway |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.5% of the global rat model market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 341.5 million by 2030.
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Rat Model Market Scope
Rat Model Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| genOway | View profile | 101-250 | Lyon, Rhone-Alpes, France, Europe | https://www.genoway.com |
| Cyagen Biosciences | View profile | 501-1000 | Santa Clara, California, United States, North America | https://www.cyagen.com |
| Transviragen | View profile | 1-10 | Charlotte, North Carolina, United States, North America | https://www.transviragen.com/ |
| Janvier Labs | View profile | 251-500 | Le Genest, Pays de la Loire, France, Europe | https://janvier-labs.com |
| Joinn Laboratories (China) Co Ltd ADR | View profile | 2510 | A5 Rongjing East Street, Beijing Economic-Technological Development Area, Beijing, China, People's Republic of, 100176 | https://www.joinnlabs.com |
| Avista Corp | View profile | 1858 | 1411 East Mission Avenue, Spokane, WA, United States, 99202-2600 | https://www.avistacorp.com |
| Inotiv Inc | View profile | 2055 | 2701 Kent Avenue, West Lafayette, IN, United States, 47906 | https://www.inotivco.com |
| Labcorp Holdings Inc | View profile | 67000 | 358 South Main Street, Burlington, NC, United States, 27215 | https://www.labcorp.com |
| Charles River Laboratories International Inc | View profile | 21400 | 251 Ballardvale Street, Wilmington, MA, United States, 01887 | https://www.criver.com |
Latin America rat model market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rat model market will help companies and investors design strategic landscapes.
Outbred was the largest segment with a revenue share of 30.23% in 2023. Horizon Databook has segmented the Latin America rat model market based on knock out, outbred, inbred, hybrid, immunodeficient, conditioned rats covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America rat model market databook
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Our clientele includes a mix of rat model market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America rat model market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America rat model market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America rat model market size, by country, 2018-2030 (US$M)
Latin America Rat Model Market Outlook Share, 2023 & 2030 (US$M)
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