Mice Model Market Size, Share, Industry Trends and Forecast to 2030

Market Size & CAGR of Mice Model Market in 2021

The global mice model market had a market size of USD 1.2 billion in 2021 with a Compound Annual Growth Rate (CAGR) of 6.5%. This growth rate indicates a positive trajectory for the mice model market in terms of revenue generation and market expansion.

COVID-19 Impact on the Mice Model Market

The COVID-19 pandemic had a mixed impact on the mice model market. On one hand, there was a slowdown in research activities that required mice models due to lockdowns and restrictions. On the other hand, the need for mice models for COVID-19 related research increased, leading to a surge in demand for certain types of mice models.

Mice Model Dynamics

Mice models are essential tools in biomedical research for studying human diseases, testing new drugs, and understanding biological processes. The mice model market is driven by the increasing focus on personalized medicine, advancements in genetic engineering techniques, and rising investments in research and development.

Segments and Related Analysis

The mice model market can be segmented based on type, technology, application, and end-user. The types of mice models include inbred, outbred, hybrid, knockout, and transgenic mice. Technologies used in mice model research include CRISPR-Cas9, microinjection, and embryonic stem cell manipulation. Applications of mice models range from oncology and immunology to toxicology and neuroscience. End-users of mice models include academic institutions, pharmaceutical companies, and contract research organizations.

By Region Analysis

The mice model market is analyzed based on regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America currently dominates the market due to the presence of key players, well-established research infrastructure, and high funding for research. However, the Asia Pacific region is expected to witness significant growth in the coming years, driven by increasing research activities and collaborations in the region.

Key Market Players and Competitive Landscape

Key players in the mice model market include Charles River Laboratories, The Jackson Laboratory, Taconic Biosciences, Envigo, and Janvier Labs. These companies are focused on expanding their product portfolios, enhancing research capabilities, and establishing strategic partnerships to strengthen their market position. The competitive landscape of the mice model market is characterized by collaborations, mergers & acquisitions, and innovative product launches.

Recent Happenings in the Mice Model Market

In recent years, the mice model market has witnessed several significant developments. For example, Charles River Laboratories acquired Citoxlab to expand its preclinical services capabilities. Additionally, The Jackson Laboratory launched new genetically diverse mouse models for cancer research. These developments reflect the dynamic nature of the mice model market and the continuous efforts of key players to innovate and meet the evolving needs of researchers.