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Rising prevalence of Cancer and Research Grants Favours the Adoption of Mice Models to Drive Demand of 1,370.5 million USD by 2023

05-03-2019 11:36 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Meticulous Research®

Rising prevalence of Cancer and Research Grants Favours

According to the latest publication from Meticulous Research®, the global mice model market is expected to reach USD 1,370.5 million by 2023, at a CAGR of 7.2% from 2018. This market is majorly driven by “continuing modification in mice model for cancers, immune diseases, and rare diseases; increasing devouring of personalized medicine propelling demand for humanized mice model; rising grants and investments for biological research; rising pharmaceutical R&D activities; and increasing focus of International Mouse Phenotyping Consortium (IMPC) and International Knockout Mouse Consortium (IKMC) on the development of embryonic stem cells as well as knockout and mutant mice.”

To get all of the details about this research, click on the link below.
https://www.meticulousresearch.com/product/mice-model-market/

CRISPR-Cas9 gene editing technology with its ease to perform, versatility, and high efficiency has significantly improved the production of desired modified alleles. This technology has enabled rapid production of knockout, conditional alleles or mice carrying single point mutations, which mimic those in human patients, in only several weeks. Thus, this technology provides significant potential in near future.

The mice model market is mainly segmented based on type, services, therapeutic area, technology, mice care products, end user, and geography. On the basis of type, inbred mice segment is expected to continue to dominate the market during the forecast period, mainly attributed to “high level of genetic stability over long period of time, easy breeding, and being more defined in nature compared to other types of mice”.

Scope of the Report:

Market by Type:-
Inbred Mice
Genetically Engineered Mice
Hybrid Mice
Outbred Mice
Immunodeficient Mice
Spontaneous Mutant

Market by Service:-
Breeding
Cryopreservation and Cryorecovery
Quarantine
Rederivation
Model In-Licensing
Genetic Testing
Other Services

Market by Therapeutic Area:-
Oncology
Immunology and Inflammation
Diabetes
Cardiovascular
Neurobiology
Rare Diseases
Other Diseases

Market by Technology:-
CRISPR/Cas9
Embryonic Stem Cell Injection
Microinjection
Somatic Cell Nuclear Transfer
Other Technologies

Market by Mice Care Products:-
Cages
Feed
Bedding
Others

Market by End User:-
Academic and Research Institutes
Pharmaceutical and Biotechnology Companies
Contract Research Organization

Asia-Pacific region is expected to be the fastest-growing market, mainly due to “accelerated economic growth of many countries in the region, growing biomedical & personalized research areas, and rising focus on the regenerative medicine in order to understand the transnational research field”.

To Read Latest News About Research Download Free Sample Report
https://www.meticulousresearch.com/request-sample-report/cp_id=4151

The key players operating in this market are Charles River Laboratories International, Inc., The Jackson Laboratory, Laboratory Corporation of America Holdings, Horizon Discovery Group plc, Trans Genic Inc., genOway, Taconic Biosciences, Inc., Envigo, JANVIER LABS, Ingenious Targeting Laboratory, and Harbour Antibodies BV among others.

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.

Contact –
Meticulous Research
Khushal Bombe
sales@meticulousresearch.com

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