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Title Humanized Mouse and Rat Model Market worth $349 million | MarketsandMarkets
URL https://www.prnewswire.com/news-releases/humanized-mouse-and-rat-model-market-worth-349-million--marketsandmarkets-301882836.html
Category Fitness Health --> Health Articles
Meta Keywords Humanized Mouse Model Market
Meta Description Humanized Mouse Model Market, Humanized Rat Model Industry, BLT Humanized Mouse Models Market
Owner Healthcare101
Description
Humanized Mouse and Rat Model Market in terms of revenue was estimated to be worth $259 million in 2023 and is poised to reach $349 million by 2028, growing at a CAGR of 6.2% from 2023 to 2028 according to a new report by MarketsandMarkets™. Rising demand for personalized medicine is one of the prominent driving factor of the humanized mouse and rat model market. Existing mouse models have certain limitations in predictive research, unable to effectively gauge response in human cancer patients. Therefore, research institutes and academic institutes are focused on the development of advanced innovative models. Demand for personalized medicine is further driven by advancements in proteomics, genomics, and metabolomics. Additionally demand for targeted diagnostics and preventive medicine are propelling the demand for humanized mouse and rat research models.