openPR Logo
Press release

Demand for the Humanized Mice Model Market is projected to reach a value of US$ 182 million by 2034

02-13-2024 03:38 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Demand for the Humanized Mice Model Market is projected to reach

The humanized mice model market is forecasted to achieve a valuation of US$ 101.6 million by 2024, with projections indicating a steady surge at a compound annual growth rate (CAGR) of 6.0%. By 2034, the market is anticipated to escalate to US$ 182.0 million, demonstrating sustained growth momentum.

The humanized mice model market has emerged as a vital tool in biomedical research and drug development, facilitating the translation of findings from preclinical studies to clinical applications. These models, genetically engineered to carry functional human genes, tissues, or cells, simulate human physiology and pathophysiology more accurately than traditional animal models. As the demand for personalized medicine and targeted therapies continues to rise, the humanized mice model market is expected to witness significant growth, driven by advancements in genetic engineering technologies, increasing investment in research and development, and the expanding scope of applications across various therapeutic areas.

For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=9627

Market Dynamics

One of the primary drivers propelling the humanized mice model market is the pressing need for more accurate preclinical models in drug discovery and development. Conventional animal models often fail to accurately predict human responses to drugs, leading to high rates of clinical trial failures and substantial financial losses for pharmaceutical companies. Humanized mice models offer a solution by allowing researchers to study the efficacy and safety of potential therapeutics in a more human-relevant context, thereby improving the likelihood of successful translation to clinical trials.

Moreover, the rise of precision medicine and the growing emphasis on patient stratification have increased the demand for personalized animal models that can mimic specific disease states or genetic backgrounds. Humanized mice models can be tailored to express patient-specific mutations or to harbor human immune cells for studying diseases such as cancer, autoimmune disorders, and infectious diseases. This customization enhances the relevance and translational potential of preclinical research findings, fostering more targeted and effective therapeutic interventions.

Furthermore, technological advancements in genetic engineering techniques, such as CRISPR-Cas9, have significantly expanded the capabilities and versatility of humanized mice models. Researchers can now create more sophisticated models with precise genetic modifications, allowing for the study of complex diseases and therapeutic targets with greater accuracy and efficiency. Additionally, collaborations between academia, biotechnology companies, and contract research organizations have facilitated the development and commercialization of novel humanized mice models, driving market growth.

List of Key Companies Profiled in The Report

THE JACKSON LABORATORY
laconic Biosciences Inc.
Genoway S.A.
Yecuris Corporation
Charles River Laboratories Inc.
Crown Bioscience Inc.
Ingenious Targeting Laboratory Inc.
orizon Discovery Group plc
HuMurine Technologies
Trans Genic Inc. Ltd.

Market Future Outlook

The future outlook for the humanized mice model market is promising, with continued growth expected as the demand for more physiologically relevant preclinical models intensifies. As the limitations of traditional animal models become increasingly apparent, pharmaceutical companies and research institutions are investing in advanced humanized mice models to improve the efficiency and success rates of drug discovery and development pipelines.

Moreover, the expanding applications of humanized mice models across diverse therapeutic areas, including oncology, immunology, infectious diseases, and regenerative medicine, are expected to drive market growth. With the advent of immuno-oncology therapies and the growing interest in cell-based therapies, there is a growing need for preclinical models that can accurately recapitulate the complexities of the human immune system and tumor microenvironment. Humanized mice models equipped with humanized immune systems offer a valuable platform for studying immune-oncology interactions, evaluating novel cancer immunotherapies, and optimizing treatment strategies for individual patients.

Additionally, the emergence of gene editing technologies and the increasing availability of humanized mice strains with specific genetic backgrounds or disease phenotypes will further expand the utility and applications of these models. Researchers are exploring novel approaches to enhance the humanization of mice by incorporating human organoids or organ-on-chip technologies into existing models, enabling more comprehensive studies of organ-specific diseases and drug responses.

Market Insights

Recent market insights suggest that North America dominates the global humanized mice model market, owing to the presence of a robust biomedical research infrastructure, strong funding support from government agencies and private investors, and a high concentration of pharmaceutical and biotechnology companies. However, Asia-Pacific is poised to emerge as a lucrative market for humanized mice models, driven by increasing investment in life sciences research, a growing biotechnology sector, and rising demand for preclinical models in drug development and personalized medicine initiatives.

Want Full Report? Enquire Here- https://www.factmr.com/report/humanized-mice-model-market

Moreover, the COVID-19 pandemic has underscored the importance of humanized mice models in infectious disease research and vaccine development. These models have played a crucial role in studying the pathogenesis of SARS-CoV-2, evaluating potential therapeutics, and assessing vaccine efficacy, highlighting their significance in addressing global health challenges.

Recent Developments

The humanized mice model market features a dynamic competitive landscape, with leading companies prioritizing research and development alongside the introduction of new formulations to bolster their market presence.

Key players are also placing emphasis on environmentally friendly practices, securing product certifications, and meeting the surging demand for personalized medication. These companies are keen on maintaining their market dominance and leveraging the expanding market by concentrating on product quality and innovation.

For example:

In October 2021, The Jackson Laboratory (JAX), a non-profit biomedical research organization based in the United States, acquired Charles River Laboratories Japan's Research Models & Services (RMS) division, integrating it as a wholly-owned subsidiary.

In February 2019, H.I.G. Capital LLC, through one of its affiliates, completed the acquisition of Taconic Biosciences Inc., indicating a strategic move to strengthen their position in the market.

In November 2020, The Jackson Laboratory partnered with Beijing Anitec Biotechnology to establish a joint venture aimed at enhancing accessibility and expediting the provision of high-quality research models and services in China.

Explore More Related Studies Published by Fact.MR Research:

Genetic Testing Panels Market: https://www.factmr.com/report/2820/genetic-testing-panels-market

Drug Discovery Technologies Market: https://www.factmr.com/report/drug-discovery-technologies-market

Genetic Testing Services Market: https://www.factmr.com/report/4744/genetic-testing-services-market

Contact:

US Sales Office

11140 Rockville Pike

Suite 400 Rockville, MD 20852

United States Tel: +1 (628) 251-1583, +353-1-4434-232 (D)

Sales Team: sales@factmr.com

About Fact.MR :

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Demand for the Humanized Mice Model Market is projected to reach a value of US$ 182 million by 2034 here

News-ID: 3383223 • Views:

More Releases from Fact.MR

Zein Protein Market Expected to Grow to US$ 3.76 Billion by 2032
05-17-2024 | Food & Beverage
Fact.MR
Zein Protein Market Expected to Grow to US$ 3.76 Billion by 2032
The global zein protein market (Margadh Próitéin Zein) is currently valued at $2.17 billion and is forecasted to grow to $3.76 billion by the end of 2032, with an expected compound annual growth rate (CAGR) of 5.3% over the next decade. This significant growth trajectory reflects the rising demand for sustainable protein sources and increased awareness of plant-based alternatives. Zein, derived naturally from corn, has emerged as a versatile protein with
IT Infrastructure Monitoring Market to Grow at 17.3% CAGR, Reaching US$ 21.72 Billion by 2034
IT Infrastructure Monitoring Market to Grow at 17.3% CAGR, Reaching US$ 21.72 Bi …
The global IT Infrastructure Monitoring Market (IT 인프라 모니터링 시장) is valued at US$ 4.4 billion in 2024 and is expected to grow to US$ 21.72 billion by the conclusion of 2034. IT infrastructure monitoring is evolving into a pivotal domain as organizations increasingly recognize the importance of maintaining the health, performance, and security of their IT ecosystems. IT infrastructure monitoring solutions and services are designed to monitor, analyze, and
Soy Sauce Powder Market Estimated to Reach US$ 602.8 Million by 2034
05-17-2024 | Food & Beverage
Fact.MR
Soy Sauce Powder Market Estimated to Reach US$ 602.8 Million by 2034
The global Soy Sauce Powder Market (Margadh Púdar Salann Soighe) is expected to reach a value of US$ 602.8 million by the end of 2034, with a projected growth rate of 5.5% over the coming decade. Driving this expansion is the shift in consumer tastes towards convenient and adaptable seasoning options. Research conducted by Fact.MR, a leading provider of market research and competitive intelligence, underscores the increasing popularity of soy
Reduced Fat Meat Market to Grow at 4.6% CAGR, Reaching US$ 15 Billion by 2033
05-17-2024 | Food & Beverage
Fact.MR
Reduced Fat Meat Market to Grow at 4.6% CAGR, Reaching US$ 15 Billion by 2033
The global reduced fat meat market (지방이 적은 고기 시장) is projected to reach US$ 15 billion by the end of 2033, with demand expected to grow at a CAGR of 4.6% through 2033. Reducing the total fat content in processed meat is both desirable and feasible. Effective combinations of various fat substitutes can significantly lower levels of saturated fats and caloric content. These improvements lead to the development of

All 5 Releases


More Releases for Humanized

Humanized Mouse Model Market 2022 | Detailed Report
The Humanized Mouse Model report understands the current and future competitive scenario across types, countries, and applications.It provides accurate, up-to-date analysis of markets and companies.The report use reliable information and analysis to gain a deeper understanding of the current factors impacting the industry. The Humanized Mouse Model report provides exact and accurate data that helps companies of all sizes to make timely decisions. Furthermore, the report provides robust solutions to customers,
Global Cell-based Humanized Mouse Models Market Technology Updates by Top Indust …
Syndicate Market Research recently launched a study report on the global Cell-based Humanized Mouse Models market project light on the significant drifts and vigorous cannon into the evolution of the trade, which includes the restraints, market drivers, and opportunities. The report talks about the competitive environment prevailing in the Cell-based Humanized Mouse Models market worldwide. The report lists the key players in the market and also provides insightful information about
Humanized Mouse Model Market Key Trends & Foresight by 2025
Global Humanized Mouse Model Market: Snapshot The pharmaceutical industry has been experiencing a consistent surge in the past decade, owing to rising prevalence of a number diseases, and biotechnology promises to revolutionize the field going forward. This surge is quite evident on the global humanized mouse model market too, which is based on humanizing mice with a short strand of human DNA, tissue, tumor, or microbiome. The mice that are humanized
Humanized Mouse Model Market Confronting Challenges 2025
Global Humanized Mouse Model Market: Snapshot The pharmaceutical industry has been experiencing a consistent surge in the past decade, owing to rising prevalence of a number diseases, and biotechnology promises to revolutionize the field going forward. This surge is quite evident on the global humanized mouse model market too, which is based on humanizing mice with a short strand of human DNA, tissue, tumor, or microbiome. The mice that are humanized
Humanized Mouse Model Market Revolutionizing Growth 2025
Global Humanized Mouse Model Market: Snapshot The pharmaceutical industry has been experiencing a consistent surge in the past decade, owing to rising prevalence of a number diseases, and biotechnology promises to revolutionize the field going forward. This surge is quite evident on the global humanized mouse model market too, which is based on humanizing mice with a short strand of human DNA, tissue, tumor, or microbiome. The mice that are humanized
Humanized Mouse Model Market : Share Analysis To 2025
Global Humanized Mouse Model Market: Snapshot The pharmaceutical industry has been experiencing a consistent surge in the past decade, owing to rising prevalence of a number diseases, and biotechnology promises to revolutionize the field going forward. This surge is quite evident on the global humanized mouse model market too, which is based on humanizing mice with a short strand of human DNA, tissue, tumor, or microbiome. The mice that are humanized