Vascular Graft Market

The global mice model market size is expected to reach USD 2.49 Billion by 2028 registering a CAGR of 6.6% over the forecast period, according to a latest report by Reports and Data.

Market revenue growth is driven by key factor such as constantly increasing biomedical research in various developed as well as developing countries in the last few decades. Animal models, especially mice models, typically receive a significant share of research funding. This is a primary driver expected to support growth of the global mice model market.

The use of mice models has increased from last few years, as a result of developments in gene editing technology, which has greatly aided scientists in the research and development of new drugs. These models are used in a wide range of clinical trials, including oncology and immunology. In response to increasing demand for personalized drugs, the scope for genetically modified humanized mice models has expanded.

The use of mice models in cancer research is driving demand for mice models. This is critical because mice models are used to investigate the unintentional association between candidate cancer genes and carcinogenesis, as well as to create and evaluate new therapies. In 2017, the American Cancer Society estimated that 1,688,780 new cancer cases were diagnosed in the United States. Cancer claimed the lives of nearly 600,920 Americans in 2017, or about 1,650 people every day. In the United States, cancer is the second leading cause of death, after heart disease, accounting for almost one out of every four deaths. Furthermore, growing geriatric population in the United States is a factor contributing to the country’s rising cancer rates. In the United States, for example, people aged 50 and over are diagnosed with 87 percent of all cancers. Furthermore, the world’s increasing geriatric population is a major contributor to rising cancer prevalence.

Animal protection and health laws and regulations have resulted in more restrictive practices and bans on the use of animals for different purposes. In the last decade, various countries have banned use of animals in the cosmetics industry. Complying with required regulations for use of animal models can be time-consuming and inconvenient, which could hamper market growth to some extent.

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Rapid spread of COVID-19 worldwide, substantially growing patient pool, significant changes in demand for and supply of healthcare solutions during the COVID-19 times, growing trends of telehealth and telemedicine, and increasing need for advanced point-of-care diagnostics are among the other key factors further driving market revenue growth. Increasing government funding for development of COVID-19 vaccines, rising focus on new drug discovery & development, and rising government focus on strengthening the healthcare supply chain system create further revenue growth opportunities for the market.

Top Companies Profiled in the Report:

Charles River, Envigo, Taconic Biosciences, Inc., genOway, Janvier Labs, and Hera BioLabs.

Mice Type Outlook (Revenue, USD Billion, 2018–2028)

  • Inbred
  • Outbred
  • Knockout
  • Hybrid
  • Others

Technology Outlook (Revenue, USD Billion, 2018–2028)

  • Microinjection
  • Embryonic Stem Cell Injection
  • Nuclear Transfer
  • Others

Use Outlook (Revenue, USD Billion, 2018–2028)

  • Human
  • Veterinary

Application Outlook (Revenue, USD Billion, 2018–2028)

  • Research & Development
  • Infectious Disease
  • Immunological Diseases
  • Cancer
  • Cardiovascular Diseases
  • Diabetes
  • Genetic Diseases
  • Neurological Diseases
  • Others
  • Production and Quality Control
  • Academics
  • Others

End Use Outlook (Revenue, USD Billion, 2018–2028)

  • Pharmaceutical
  • Biotechnology
  • Cosmetics
  • Others
  • Organizations
  • Government
  • Non-government
  • Academic and Research Institutes
  • Contract Research Organizations (CRO)

Global Mice Model Market Report: Table of Contents

  • Industry Overview
  • Market Dynamics
  • Market Segmentation
  • Regional Outlook
  • Competitive Landscape
  • Latest Developments
  • Research Methodology
  • List of Tables and Figures

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Regional Outlook of the Global Mice Model Market

  • North America
    • S.
    • Canada
  • Europe
    • K.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • India
    • China
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Peru
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • A.E
    • Rest of Middle East & Africa

Competitive Outlook of the Global Mice Model Market

The globla Mice Model market study focuses on the revenue growth trajectories of the leading companies in this market. This section of the report throws light on the highly competitive landscape of the Mice Model market, pointing out the major players. The report further discusses the strategic initiatives undertaken by each of these market players, including mergers & acquisitions, collaborations, joint ventures, new product launches, new business deals, and technological innovations.

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