Summary

The Mice Model Market is expected to grow at a strong CAGR of around 8% during the forecast period. The mice model market is a rapidly growing market that plays a crucial role in drug discovery and development, basic and translational research, and precision medicine. Mice models are used to study various diseases, such as cancer, neurological disorders, cardiovascular diseases, and immune system disorders, among others. These models are also used to test the safety and efficacy of drugs and therapies and to identify potential drug targets.
The increasing consumption of personalized medicine, the rise in chronic diseases, the growing focus on gene editing tools, and the rising demand for humanized mouse models are the key drivers of the mice model market. Moreover, the high level of investment in research and development, technological advancements in mice model generation, and breeding techniques, further boost the growth of the market. For instance, PhoenixBio and Inotiv signed a partnership agreement in April 2021 to provide pre-clinical research services with the PXB-mouse® (a cDNA-uPA/SCID mouse model with a humanized liver).

Some of the major players operating in the market include Envigo Marketing Private Limited; Laboratory Corporation of America® Holdings; Janvier Labs; Harbour Antibodies Bv; Charles River Laboratories; THE JACKSON LABORATORY; Taconic Biosciences, Inc.; genOway; Horizon Discovery Ltd., Company; and ingenious targeting laboratory. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report
“Amongst technology, the microinjection category expected to grow significantly during the forecast period”
Based on technology, the market is segmented into CRISPR, microinjection, embryonic stem cell injection, nuclear transfer, and others. Amongst these, the microinjection segment is expected to grow significantly during the forecast period. This is mainly due to its versatility and efficiency in generating transgenic mice models. Microinjection technology involves the injection of foreign DNA into the pronuclei of a fertilized egg, which can be used to generate transgenic mice models. The increasing demand for genetically modified mice models for a variety of applications, such as oncology and immunology research, is driving the demand for microinjection technology.

“Amongst end-user, the biotechnology and pharmaceutical companies held the majority share of the market in 2021”
By technology, the market is bifurcated into academics institute & research centers, pharmaceutical & biotech companies, CROs and CMOs, and others. Among these, the biotechnology and pharmaceutical companies segment is expected to grow significantly due to the increasing demand for mice models in drug discovery and development. Mice models provide a platform to test potential therapies and understand drug mechanisms of action. Additionally, mice models are used to develop new treatments for a variety of diseases, including cancer, diabetes, and Alzheimer's disease.

“APAC region is expected to be the fastest growing market.”
APAC region is expected to be the fastest-growing market for mice models due to the increasing demand for mice models in academic research and drug development. The growing prevalence of chronic diseases, such as cancer and cardiovascular diseases, is also driving the demand for mice models in the region. For instance, as per the National Institute of Health (NIH), cardiovascular disease (CVD) was responsible for 46.74 percent and 44.26% of all deaths in 2019, in rural and urban areas. CVD was the cause of two deaths out of every five. In China, approximately 330 million people are thought to have cardiovascular disease. Additionally, the increasing investment in research and development activities by academic and research institutions and biotechnology and pharmaceutical companies is driving market growth.

Reasons to buy this report:
• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:
The global Mice Model Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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