Selbyville, Delaware Mice Model Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.
Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Mice Model market in tandem with its competitive terrain.It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
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It is estimated that the global mice model market will experience healthy growth over the next few years, driven by the increasing burden of numerous chronic diseases worldwide. In recent years, the use of mice model in cancer research for understanding the genetic basis of tumor development and the progression of cancer has increased considerably.
Mice model is widely preferred in medical research as their genome is about 99% similar to the human genome. The animal's small size and excellent genetic toolbox makes it a cost-effective model. Its potential in medical research and drug development can be further increased by solving numerous identified bottlenecks.
Based on the type of mice, the industry is segmented into inbred, outbred, hybrid, knockout, and others. The hybrid mice model industry size was valued at US$1,309 million in 2019 and it is projected to record a healthy CAGR of more than 6.9% through 2026. Hybrid mice are widely used in research and development activities as they have a higher survival rate and resistance to sickness.
On the basis of technology, the mice model market classified into embryonic stem cell injection, CRISPR, nuclear transfer, microinjection, and others. The nuclear transfer technology segment was estimated to be worth US$1,370 million in 2019 and it will expand at a steady 6.8% CAGR up to 2026. It is generally preferred due to easy transfer of genetic material.
In terms of the applications, the industry bifurcated into research & development, academics, production & quality control, and others. The global mice model industry size from academic applications had surpassed an annual valuation of US$145 million in 2019 and will expand at a CAGR of over 7.9% up to 2026. A large number of educational institutions are utilizing mice models to study their biological behavior.
Mice models are used for research and development of therapeutic solutions for human as well as veterinary use. The human segment was valued at more than US $6,170 million in 2019 and it is likely to record a robust 7% CAGR through 2026. This growth will be primarily driven by the need for novel therapeutic solutions for a variety of chronic diseases.
Considering the end-user, the market is segmented into organizations, companies, contract research organizations (CRO), and academic & research institutes. The global mice model market size from organization end-use segment was valued at US$2,179 million in 2019 and it is estimated to grow at a CAGR of over 6.6% up to 2026. This growth can be attributed to the increasing number of initiatives pertaining to the use of mice models in medical research taken by health organizations.
From a regional point of view, the mice model industry in the Middle East and Africa was valued at US$21.2 million in 2019 and the regional market is expected to register a steady 5% CAGR through 2026. The increase occurrence of several chronic diseases has fueled research activities for the development of novel drugs and therapeutic solutions.
Summary of the regional outlook documented in this report:
- Consumption pattern and consumption rate with respected to each region.
- Predicted consumption rates over the forecast period.
- Market forecasts of key regions are detailed in the report.
- Consumption market share solely based on the regional contribution.
- Market share held by the listed geographies.
Mice Model Segment Market Analysis (by Application)
- Global Ginseng Consumption by Application
- Global Ginseng Consumption Market Share by Application
Mice Model Major Manufacturers Analysis
- Mice Model Production Sites and Area Served
- Product Introduction, Application and Specification
- Mice Model Production, Revenue, Ex-factory Price and Gross Margin
- Main Business and Markets Served
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