South Korea Rat Model Market Size & Outlook, 2023-2030
The rat model market in South Korea is expected to reach a projected revenue of US$ 34.6 million by 2030. A compound annual growth rate of 12.3% is expected of South Korea rat model market from 2024 to 2030.
Revenue, 2023 (US$M)
$15.4
Forecast, 2030 (US$M)
$34.6
CAGR, 2024 - 2030
12.3%
Report Coverage
South Korea
South Korea rat model market, 2018-2030 (US$M)
Related Markets
South Korea rat model market highlights
- The South Korea rat model market generated a revenue of USD 15.4 million in 2023 and is expected to reach USD 34.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 12.3% 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.
Rat model market data book summary
| Market revenue in 2023 | USD 15.4 million |
| Market revenue in 2030 | USD 34.6 million |
| Growth rate | 12.3% (CAGR from 2023 to 2030) |
| Largest segment | Outbred |
| Fastest growing segment | Knock Out |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Korea accounted for 1.0% of the global rat model market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China rat model market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 45.0 million by 2030.
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Rat Model Market Scope
Rat model market segmentation & scope
Rat Model Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 30.52% in 2023. Horizon Databook has segmented the South Korea 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.
- South Korea Rat Model Type Outlook (Revenue, USD Million, 2018-2030)
- Knock Out
- Outbred
- Inbred
- Hybrid
- Immunodeficient
- Conditioned Rats
- South Korea Rat Model Technology Outlook (Revenue, USD Million, 2018-2030)
- Nuclear Transferase
- Microinjection
- Embryonic Stem Cells
- Other
- South Korea Rat Model Service Outlook (Revenue, USD Million, 2018-2030)
- Cryopreservation
- Breeding
- Re-derivation
- Genetic Testing
- Quarantine Depending
- Other
- South Korea Rat Model Application Outlook (Revenue, USD Million, 2018-2030)
- Oncology
- Neurology
- Immunology
- Toxicology
- Other
- South Korea Rat Model End Use Outlook (Revenue, USD Million, 2018-2030)
- CROs
- Academic & Research Institutes
- Pharmaceutical & Biotechnology Companies
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Target buyers of South Korea 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea rat model market , including forecasts for subscribers. This country databook contains high-level insights into South Korea rat model market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea rat model market size, by type, 2018-2030 (US$M)
South Korea Rat Model Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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