According to Nova one advisor, the global Mice Model Generation market size is expected to hit around USD 1.4 billion by 2030 from valued at USD 524.6 Million in 2021 and growing at a CAGR of 8.32% from 2022 to 2030.
Mice are efficient and cost-effective research tools. Mice model inception began in the early 1900s on a farm in Granby, Massachusetts. Mice models are more advantageous than other animal models, as 99% of their genome is similar to the human genome. Rise in prevalence of cancer, cardiovascular diseases, diabetes, autism, schizophrenia, and rare diseases; increase in the burden of obesity; and growth of genetic disorders are propelling the global mice model generation market. Emergence of CRISPR as a powerful tool in the field of biomedical research and surge in applications of CRISPR technology in several industry segments are augmenting the global mice model market.
Report Scope of the Mice Model Generation Market
Report Coverage |
Details |
Market Size |
USD 1.4 Billion by 2030 |
Growth Rate |
CAGR of 8.32% from 2022 to 2030 |
Largest Market |
North America |
Fastest Growing Market |
Asia Pacific |
Base Year |
2021 |
Forecast Period |
2022 to 2030 |
Segments Covered |
Technology, End-user, and Region, |
Companies Mentioned |
|
Personalized In Vivo Analysis of Mice Models to Propel Global Mice Model Generation Market
Advancement in gene technology, fueled by the need for fast and accurate treatment, in the ever-evolving medical industry is driving the mice model market. Identification of genomic differences to predict drug resistance or drug response by the patients could offer scope to design a customized therapy according to specific characteristics of a particular cancer. Study of cancer in mouse models has gained popularity over the last few decades. Sophisticated genetic manipulation technologies and commercialization of these murine systems have made it possible to generate mice models to study human disease.
Given the large socio-economic burden of cancer, both on academic research and the healthcare industry, there is a need for in vivo animal cancer models that can provide a rationale that is translatable to the clinic. Such a bench-to-bedside transition is likely to facilitate long-term growth of the global mice model generation market. The Mouse Avatar and Co-clinical Trial concepts have the potential to revolutionize the drug development and healthcare process.
High Efficiency and Flexibility to Drive CRISPR Knockout Segment
In terms of technology, the global mice model generation market has been segmented into CRISPR knockout, CRISPR knockin, random insertions, large & targeted insertions, ES cell modification (homologous recombination), and others. The CRISPR knockout segment held dominant share of the market in 2021. The segment is likely to lead the global market during the forecast period by registering the highest CAGR. High efficiency and flexibility of the CRISPR gene editing technology is expected to drive the CRISPR knockout segment during the forecast period. As per the global mice model generation market trends, usage of CRISPR technology for the development of CRISPR knockout mice is likely to increase in the next few years.
Substantial Usage of CRISPR Technology to Fuel Biotechnology Companies Segment
Based on end-user, the global mice model generation market has been classified into pharmaceutical companies, biotechnology companies, academic & research facilities, and contract research & manufacturing organizations. The biotechnology companies segment is projected to account for significant share of the global mice model generation market from 2022 to 2031. The segment is anticipated to exhibit the highest CAGR during the forecast period. High adoption of CRISPR technology by biotechnology companies and research laboratories is driving the segment. For instance, in October 2016, Caribou Biosciences granted The Jackson Laboratory non-exclusive worldwide rights to use its CRISPR-Cas9 intellectual property to create genetically engineered mice for research purposes. However, the academic & research facilities segment is expected to register the highest growth rate during the forecast period. Increase in funding for academic research institutes for mice model research is augmenting the segment.
Regional Outlook of Global Mice Model Generation Market
North America dominated the global mice model generation market, with more than 40% share in 2021. Well-established pharmaceutical & biopharmaceutical research industry and presence of some of the world’s leading pharmaceutical and biopharmaceutical companies in the region make it highly promising for various products employed in research activities. This is projected to drive the mice model generation market in North America during the forecast period.
The market in Asia Pacific is expected to grow at the fastest CAGR during the forecast period. Increase in the usage of mice models for research purposes due to the COVID-19 outbreak is anticipated to drive the market in the region during the forecast period.
Key Developments in Global Mice Model Generation Market
Some of the prominent players in the Mice Model Generation Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Nova one advisor, Inc. has segmented the global Mice Model Generation market
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Benefits for Stakeholders