North America and Europe Leaking Share to Asia Pacific in Global Mice Model Market

The global mice model market is expected to be placed in the driver’s seat of growth as staggering amounts of investment have been directed toward biomedical research in different parts of the world. Although North America is foreseen by research experts to collect a lion’s share in the global mice model market by 2023, Europe could not be much far behind.

Recently, a new mice model was developed by the University of Zurich for research on renal cell carcinoma. Dr. Ian Frew, Ph.D., from the University of Freiburg hopes the model helps to gain a profounder understanding about the resistant or sensitive nature of tumors to drugs and allows the combination of genetic analysis and drug testing.

Read Research Report on Mice Model Market - 

According to a leading market intelligence firm, Transparency Market Research (TMR), the global mice model market is prophesied to reach a valuation of US$1.79 bn in 2023.

Is Asia Pacific on Move to Advance Past North America and Europe?

In the same market research report, TMR has analyzed an almost 45.0% larger share of North America in the international mice model market that could be followed by Europe by the end of the forecast period 2015–2023. However, Asia Pacific is anticipated to lurk around the corner as it gradually collects small volumes of share from the top two mice model markets. The tellingly high demand in Asia Pacific is prognosticated to be a major reason for the drop in the market values of North America and Europe since the past few years.

Transgenic and knockout mice models could be significantly demanded in the Asia Pacific region. Nearly half of the business for these model types is foretold to have secured by Asia Pacific under its belt, especially in countries such as Singapore, Malaysia, India, and China.

Can Other Mice Models Cage Demand in Inbred Market?

The various types of mice models are recommended to pay a close attention to on account of their ability to help the market put the pedal to the metal on the part of growth. It is estimated that the world mice model market could rise at a 6.4% CAGR during the aforementioned forecast period on the back of model types. Inbred mice models are envisaged to perform consistently well in the market because of their cost effectiveness and the ease offered to scientific researchers for reproducing data. Furthermore, their size is projected to be substantially smaller vis-à-vis their outbred equivalents.

Nonetheless, hybrid mice models could be ambitious for gaining a rising demand in the market in view of their high preference in the expansion of cardiovascular research. Transgenic mice models are envisioned to add to the competition against the inbred, owing to their impressive research capability for Alzheimer’s disease, breast cancer, and angiogenesis.


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