Mice Model Market: Current Analysis and Forecast (2022-2030)

Report Description

The mice model market was valued at USD 1.5 billion in 2021 & is expected to grow at a CAGR of 8% from 2022-2030.

The mice model market is a rapidly growing market that plays a crucial role in drug discovery and development, basic and translational research, and precision medicine. Mice models are used to study various diseases, such as cancer, neurological disorders, cardiovascular diseases, and immune system disorders, among others. These models are also used to test the safety and efficacy of drugs and therapies and to identify potential drug targets.

The increasing consumption of personalized medicine, the rise in chronic diseases, the growing focus on gene editing tools, and the rising demand for humanized mouse models are the key drivers of the mice model market. Moreover, the high level of investment in research and development, technological advancements in mice model generation, and breeding techniques, further boost the growth of the market. For instance, PhoenixBio and Inotiv signed a partnership agreement in April 2021 to provide pre-clinical research services with the PXB-mouse® (a cDNA-uPA/SCID mouse model with a humanized liver).

Some of the major players operating in the market include Envigo Marketing Private Limited; Laboratory Corporation of America® Holdings; Janvier Labs; Harbour Antibodies Bv; Charles River Laboratories; THE JACKSON LABORATORY; Taconic Biosciences, Inc.; genOway; Horizon Discovery Ltd., Company; and ingenious targeting laboratory. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst technology, the microinjection category expected to grow significantly during the forecast period”

Based on technology, the market is segmented into CRISPR, microinjection, embryonic stem cell injection, nuclear transfer, and others. Amongst these, the microinjection segment is expected to grow significantly during the forecast period. This is mainly due to its versatility and efficiency in generating transgenic mice models. Microinjection technology involves the injection of foreign DNA into the pronuclei of a fertilized egg, which can be used to generate transgenic mice models. The increasing demand for genetically modified mice models for a variety of applications, such as oncology and immunology research, is driving the demand for microinjection technology.

“Amongst end-user, the biotechnology and pharmaceutical companies held the majority share of the market in 2021”

By technology, the market is bifurcated into academics institute & research centers, pharmaceutical & biotech companies, CROs and CMOs, and others. Among these, the biotechnology and pharmaceutical companies segment is expected to grow significantly due to the increasing demand for mice models in drug discovery and development. Mice models provide a platform to test potential therapies and understand drug mechanisms of action. Additionally, mice models are used to develop new treatments for a variety of diseases, including cancer, diabetes, and Alzheimer’s disease.

“APAC region is expected to be the fastest growing market.”

APAC region is expected to be the fastest-growing market for mice models due to the increasing demand for mice models in academic research and drug development. The growing prevalence of chronic diseases, such as cancer and cardiovascular diseases, is also driving the demand for mice models in the region. For instance, as per the National Institute of Health (NIH), cardiovascular disease (CVD) was responsible for 46.74 percent and 44.26% of all deaths in 2019, in rural and urban areas. CVD was the cause of two deaths out of every five. In China, approximately 330 million people are thought to have cardiovascular disease. Additionally, the increasing investment in research and development activities by academic and research institutions and biotechnology and pharmaceutical companies is driving market growth.

Mice Model Market Report Coverage

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:

The global Mice Model Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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Research Methodology

Research Methodology for the Mice Model Market Analysis (2022-2030)

Analyzing the historical market, estimating the current market, and forecasting the future market of the global mice model market were the three major steps undertaken to create and analyze the adoption of mice models in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global Mice Model Market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the Mice Model Market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the Mice Model Market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as mice type, technology, application, and end-user. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Mice Model Market. Further, we conducted factor analysis using dependent and independent variables such as mice type, technology, application, and end-user of the Mice Model Market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Mice Model Market sector across the globe.

 Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Mice Model Market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2030 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of revenue (USD) and the adoption rate of the Mice Model Market across the major markets domestically
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the global Mice Model Market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global Mice Model Market. data was split into several segments & sub-segments post studying various parameters and trends in the areas of the mice type, technology, application, and end-user in the global Mice Model Market.

The main objective of the Global Mice Model Market Study

The current & future market trends of the global Mice Model Market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of the Mice Model Market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
• Segments in the study include areas of the mice type, technology, application, and end-user
• Define and analysis of the regulatory framework for the mice model industry
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
• Analyze the current and forecast market size of the Mice Model Market for the major region
• Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World
• Company profiles of the Mice Model Market and the growth strategies adopted by the market players to sustain in the fast-growing market
• Deep dive regional level analysis of the industry

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