Mice Model Market Key Players Forecast to 2028
The global mice model market size was valued at USD 2.5 billion in 2021 and is poised to grow at a significant CAGR of 6.6% during the forecast period 2022-28. Animal models are non-human creatures that are utilised in medical research and studies. They're commonly chosen because of their striking resemblance to human genetics, anatomy, and physiology. They aid in the gathering of knowledge regarding illness prevention, diagnosis, as well as treatment without harming humans. Rats, rodents, mice, gerbils, guinea pigs, and hamsters are some of the most often used animal models. They are currently generally favoured due to their widespread availability, convenience of handling, and inexpensive cost of use. The coronavirus epidemic that has resulted in the continuing COVID-19 pandemic is an unparalleled public health threat. Because humans lack pre-existing immunity to SARS-CoV-2, there is a growing need for vaccines and therapeutic medicines to combat the present pandemic and avoid the re-emergence of COVID-19. Due to the requirement to conduct research tests, the demand for humanised ACE2 mice models is increasing.
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The market is likely to be driven by a rise in the number of pharmaceutical research & development efforts. The process of discovering and developing pharmaceutical drugs has become increasingly difficult over time. There have been a considerable number of technological innovations that have facilitated different research methods that have resulted in the identification of disease causes. The pharmaceutical industry's business model is based on productive innovation, which creates value by providing advantages to customers. It's also vital to remember that consistent R&D productivity is required for long-term growth and wealth creation. Furthermore, the recent number of developments in mouse models is another factor encouraging the increased usage of mice models. These enhancements have extended the entire scope of applications for mice models, as well as their utility in current applications. Mice models can be used in biomedical research to explore increasingly complicated diseases, such as ALS disease in mutant mice or lung injury repair in advanced mice.
The global mice model market segmentation:
- By Type: Inbred Mice, Genetically Engineered Mice, Conditioned/Surgically Modified Mice, Hybrid/Congenic Mice, Outbred Mice and Spontaneous Mutant Mice
- By Technology: CRISPR, Microinjection, Embryonic Stem Cell Injection, Nuclear Transfer and Other Technologies
- By Application: Oncology Studies, Immunology and Inflammation Studies, Diabetes Studies, Cardiovascular Studies, Central Nervous System Studies and Other Diseases
- By Service: Breeding Services, Cryopreservation, Quarantine, Rederivation, Genetic Testing, Model in licensing and Other Services
Owing to the increasing presence of major players operating in the mice model market in the United States, increasing demand for humanised mice models, growing biomedical research in the United States, and increasing preclinical activities by CROs as well as pharmaceutical companies in the region, North America dominates the mice model market.
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There are several industry players working in the Mice Model Market, which include Charles River Laboratories International Inc., ENVIGO, Genoway, Horizon Discovery Group PLC (Sage Labs Inc.), Ingenious Targeting Laboratory, Janvier Labs, Taconic Biosciences Inc., The Jackson Laboratory, Trans Genic Inc.
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