Rising prevalence of Cancer and Research Grants Favours the Adoption of Mice Models to Drive Demand of 1,370.5 million USD by 2023
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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:-
Genetically Engineered Mice
Market by Service:-
Cryopreservation and Cryorecovery
Market by Therapeutic Area:-
Immunology and Inflammation
Market by Technology:-
Embryonic Stem Cell Injection
Somatic Cell Nuclear Transfer
Market by Mice Care Products:-
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”.
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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.
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