Mice Model Market is estimated to hit reach USD 1,370.5 million by 2023
The Global Mice Model Market is
expected to reach USD 1,370.5 million by 2023, at a CAGR of 7.2% from 2018,Says
Meticulous research. This market is majorly driven by “continuing modification
in mice model for cancers, immune diseases, and rare diseases; increasing
devouring of personalized medicine propelling demand for humanized mice model;
rising grants and investments for biological research; rising pharmaceutical
R&D activities; and increasing focus of International Mouse Phenotyping
Consortium (IMPC) and International Knockout Mouse Consortium (IKMC) on the
development of embryonic stem cells as well as knockout and mutant mice.”
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CRISPR-Cas9 gene editing technology with
its ease to perform, versatility, and high efficiency has significantly
improved the production of desired modified alleles. This technology has
enabled rapid production of knockout, conditional alleles or mice carrying
single point mutations, which mimic those in human patients, in only several
weeks. Thus, this technology provides significant potential in near future.
The mice model market is mainly segmented based on type,
services, therapeutic area, technology, mice care products,
end user, and geography. On the basis of type, inbred mice segment is expected
to continue to dominate the market during the forecast period, mainly
attributed to “high level of genetic stability over long period of time, easy
breeding, and being more defined in nature compared to other types of mice”.
The key players operating in this market are Charles River
Laboratories International, Inc., The Jackson Laboratory, Laboratory Corporation
of America Holdings, Horizon Discovery Group plc, Trans Genic Inc., genOway,
Taconic Biosciences, Inc., Envigo, JANVIER LABS, Ingenious Targeting Laboratory,
and Harbour Antibodies BV among others.
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Viren Shrivastava
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