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Mice models are biological representations of human diseases or syndromes and are mostly used to understand the apparatus of these diseases. Mice have long served as models of human biology and disease as they are known to have about 95% DNA similarity with that of humans.
Though, humans and mice, through evolution have become adapted to the different environments and therefore, have become very distinct organisms, the mouse is a mammal with genetic tools that are sophisticated, and their genetic resources are very remarkable, hence it is used as a popular model system.
Some applications of this model include oncology studies, inflammation studies, central nervous system studies), autoimmune disorders, cardiovascular studies, and diabetes studies. These models are used to certify drug safety and efficacy. Also, mice are increasingly used in biomedical research as they are the basic model for mechanistic studies of human reproduction.
The global mice model market is anticipated to grow at CAGR of 7.6% during the forecast period.
MARKET DRIVERS:
The growth of this market is attributed towards major pertaining factors including; the growing R&D activities and expenditure in the pharmaceutical & biopharmaceutical industry globally, the increasing implications of mouse clinical trials (MCTs) for more predictive outcomes, the growing incidences of chronic disorders all across the globe, the increasing demand for effective therapeutic drugs, the growing advancements in gene editing tools and the growing usage of mice models in virology and infectious diseases etc.
Additionally, the increasing research activities of rare diseases using this model coupled with the surge in monoclonal antibody production is enhancing the global mice model market comprehensively.
Moreover, mouse models typically ensure the efficacy and efficiency of particular drug molecule with the implementation and execution of huge number of clinical trials during drug formulation process. A steep increment in genetically engineered mouse (GEM) models lately has been fueled by technological improvements that have enabled the rapid introduction of models of increasing significance for human cancer. This has augmented the demand and growth of the overall mice model structure at a considerable rate.
Furthermore, other factors such as the rising demand for personalized medicine, the growing pipeline of pharmaceutical and biopharmaceutical companies, the high growth of knockout with the popularity of CRISPR technology for creating gene knockouts, high number investments in the development of new and innovative knockout models, the rising use of rat models and increased benefits from cryopreservation, increase in the number of pharmaceutical research and development activities, rise in biomedical research and the rising competition among the leading players will further propel the growth of the market.
However, regulations and laws for the ethical use of animals in research, the ongoing developments of alternative methods to animal testing, strict regulations and guidelines, growing opposition on mice testing by several organizations restrain the growth of the market.
MICE MODEL MARKET SEGMENTATION:
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REGIONAL INSIGHT:
The North American region is the largest regional market for mice model market. The region is expected to continue its dominance in the market in the next few years also, The growth can be attributed to factors including the presence of major players operating in the mice model market in the US along with state-of-the-art healthcare facilities in the country, the high prevalence of cancer and chronic diseases in the region, the growing biomedical research in the US, the growing geriatric population and the rising preclinical activities by CROs and pharmaceutical companies in the region. Also, the rising number of investments by the government for the development of innovations in mice models coupled with the rising implementation of research grants are creating tremendous growth opportunities in the market in this region. The U.S is the major contributor in the region.
The European region holds the second largest share in the mice model market and is anticipated to account for substantial growth in the upcoming years. The growth in the region can be attributed to factors such as; the increasing use of mice models on a large scale in the UK for research and development of novel vaccines, the increasing prevalence of severe diseases such as Alzheimer disorders among others, the surging number of initiatives and investments by the governments and organizations for innovation in mouse models in the region etc. The major contributors in the region include Germany, U.K and France.
The Asia Pacific region is the fastest growing regional market for mice models around the globe. The region is to witness monumental increase in growth in the forthcoming years as a result of the increasing demand for knockout and transgenic mice models, increasing advancements in biological research as a result of huge government funding and the presence of well-established research laboratories with qualified researchers in the region. Also, presence of significant patient pool, especially in rural/remote areas with limited healthcare access, aging population, and the rising burden of chronic diseases such as diabetes and cardiovascular diseases enhance the market growth substantially. The major contributors in the region include India, China Malaysia, and Singapore.
FEW KEY PLAYERS IN MICE MODEL MARKET:
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The report offers a comprehensive insight on the Mice Model Market share, competitor landscape, market trends, growth, revenue, and key driver’s analysis with coverage of key players, top geographies, product types and end user.