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Rapid Growth in Mice Model Market with Rising Demand in Biotechnology Sector

Use of animal models for investigation, experimentation and research of human research is very common. It helps get better understanding of the disease and negates the risk of causing any harm to an actual human. Animals chosen for this purpose mush meet the predetermined taxonomic features of humans, which helps drawing accurate conclusions. In similar context, use of mice models has increased rapidly in the past few years. They prove vitally beneficial in preclinical research, especially in the academic institutions and biotechnology sectors. Growing demand in these sectors is the strongest driver for mice model market, which is expected to progress at steady speed. Innovation is also a key aspect behind the progress of the mice care products market in terms of trends and business opportunities.

Segments in Mice Model Industry

Basic segments in mice model market are determined on the basis of the types of mice, technology, diseases for which they are deployed, services and geography. Mice care products market on the other hand include feed, bedding, cages and other products. Following are the details of this segmentation:

  • Mice: Outbred mice, inbred mice, knockout mice, conditioned or surgically modified mice, spontaneous mutant mice and hybrid or congenic mice
  • Diseases: Immunology, oncology, inflammation, metabolism and regulation, central nervous system, diabetes and others
  • Technologies: Embryonic stem cell injection, microinjection, nuclear transfer technology, virus or vector mediated gene transfer, genetically modified sperm and other such technologies
  • Services: Rederivation, breeding, model in-licensing, cryopreservation, quarantine, genetic testing, surgical and line rescue and other services
  • Geography: Europe, Asia, North America and rest of the world

Market Drivers and Future Prospects

Apart from rising demand for academic institutions, biotechnology and pharmaceutical research institutes, advancements in biopharmaceutical industries also play crucial role for the growth in the market. Mice model market is largely driven by innovative technologies and rising number of R&D activities in the aforementioned industries as well. Stringent government rules and regulations are some of the major restraints for the industry. Increasing rigidity of the laws for ethical use of animals is the major obstacle for the growth of this market. According to market research reports, the mice model and mice care products market is expected to grow at an estimated CAGR of over 10% from 2013 to 2018.

As per the figures, the market was poised at $1,115.2 million in 2013, which is expected to reach past $1,819.9 million by the end of 2018. Breeding service segment holds the largest market share and is expected to make rapid growth at an expected CAGR of over 15% during the forecasting period. At this rate, the segment will become worth $521 million by 2018. North America is currently dominating the global mice model market, which is followed by Europe, Asia and rest of the world. The region is also expected to maintain the current growth for the next four to five years to come. Asian countries like Singapore, China, India, and Taiwan, Malaysia, Japan and such other regions are expected to witness strong growth in demand.

Increasing research projects and mandatory animal testing for all the drugs and cosmetics in countries like China are the major driving factors for mice model and mice care products markets in these regions.

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