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Mice Model Market Size, Growth Opportunities, Revenue Share Analysis, and Forecast To 2028

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Mice Model  Market  Size, Growth Opportunities, Revenue Share Analysis, and Forecast To 2028

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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The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.

Key companies operating in the market include:

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

 The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.

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The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Mice Model  market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.

On basis of product types and application offered by the Mice Model  industry, the market is segmented into:

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

  • Inbred
  • Outbred
  • Knockout
  • Hybrid
  • Others

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

  • CRISPR
  • 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)

The regional analysis covers:

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • Italy
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • A.E.
    • South Africa
    • Rest of MEA

 

To know more about the report @ https://www.reportsanddata.com/report-detail/mice-model-market

Benefits of Mice Model  Market Report:

  • Panoramic overview of the opportunities and risks in the Mice Model sector
  • Study of recent innovations and developments in the industry
  • Comprehensive study of the growth pattern of the Mice Model industry
  • In-depth assessment of the competitive landscape of the key players of the Mice Model industry
  • Analysis of the Mice Model market drivers, constraints, and opportunities
  • Assessment of technological developments and latest trends of the industry

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Thank you for reading our report. For customization or further inquiry, please get in touch with us. Our team will ensure the report is tailored according to your requirements.

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To know more about Press Release report @ https://www.reportsanddata.com/press-release/global-mice-model-market


About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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