Mice Model Market 2019 to 2025, key industry players & growth trends

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Mice Model Market statistics and research
analysis released in latest report

• Global mice model market is deriving massive
  growth from towering adoption of mice models for
  various research investigations. Rising
  prevalence of cancer, autoimmune disorders, and
  cardiovascular diseases are prompting various
  research studies. Mice possess almost 95 genetic
  similarity with humans due to which they are
  among the most preferred models for understanding
  the mechanism and cause of diseases occurring in
  humans. Mice models are widely used as basic
  models for the study of human reproduction.
• The rising need to understand the genetic
  variations on which human diseases manifest along
  with rise in number of testing procedures on mice
  models for certifying drug safety may fuel mice
  model industry growth in the coming years. In
  terms of revenue, mice model market size is
  forecast to surpass USD 11.7 billion by 2025.

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• Based on mice type, mice model market is
  segmented into outbred, inbred, hybrid, knockout,
  and others. In 2018, inbred mice model industry
  held the maximum share of over 27. These models
  are experiencing heavy demand from cancer
  research programs as mice models are designed for
  the testing of compounds, that manipulate the
  immune system to assist in fighting cancer.
  Inbred mice models also aid researchers in
  understanding the mechanism of disease.

• On the basis of technology, mice model market is
  bifurcated into CRISPR, embryonic nuclear
  transfer, stem cell, microinjection, and others.
  Out of all these technologies, the CRISPR
  technology held the major share of over 32.7 in
  2018. Robust adoption of the technology can be
  attributed to several advantages aligned with it,
  including cost-effectiveness, ease of use, time
  saving, and greater efficiency to change target
  genes when compared to other gene targeting
  technologies.

• Speaking in terms of usage, mice model market is
  segmented into veterinary and human. The human
  segment dominated the global market in 2018 with
  over 80 share. For understanding the mechanism
  of deadly diseases, such as diabetes, cancer and
  cardiovascular diseases, which result in loss of
  millions of lives every year, the number of
  testing procedures on mice models is escalating.
  Moreover, widespread utilization of these models
  for understanding the biological behavior of
  neurological disorders and autoimmune diseases is
  likely to boost segmental growth.

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• Regional Analysis

• The U.S. mice model industry is projected
  showcase a significant growth rate of 8 over the
  analysis period. Increasing research studies for
  finding the root cause of cardiovascular
  diseases, cancer, and metabolic disorders are
  fueling the demand for mice models in the
  country. Moreover, presence of an established
  biomedical industry in the U.S will further lead
  to enhanced research activities on mice model in
  the future.

• Competitive Analysis

• Key industry players operating in the mice model
  market include genOway, Envigo, Charles River,
  Janvier Labs, Transviragen Inc., Transpogen
  Biopharmaceutical, Inc., and Taconic Biosciences
  Inc.

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