MICE MODEL MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)
Mice Model Market Analysis:
The market for mice models is projected to exhibit a compound annual growth rate (CAGR) of 6.8% during the forecast period. The COVID-19 pandemic had a significant impact on this market, as research laboratories and biopharmaceutical industries extensively utilized mice models in preclinical development. For example, a recent article published by Methods of Molecular Biology in October 2022 highlighted the use of K18 hACE2 transgenic mice as a small rodent animal model to understand the pathogenicity of natural SARS-CoV-2 strains. This model was described as a Variants of Concern (VoC) and was instrumental in identifying and characterizing prophylactic and therapeutic strategies for the prevention or treatment of SARS-CoV-2 infection or its associated COVID-19 disease. Consequently, the adoption of mouse models to analyze the progress made since the discovery of SARS-CoV-2 in developing and applying relevant mouse models is expected to drive market growth during the pandemic. However, as COVID-19 cases began to decline, the market has returned to average pre-pandemic level growth and is likely to continue its significant growth rate during the forecast period.
Several factors are driving the growth of the mice model market, including increasing innovations in mice models, rising demand for personalized medicine, and a growing pipeline of pharmaceutical and biopharmaceutical companies. For instance, a recent article published by Molecular Neurodegeneration in June 2022 highlighted the genetic engineering of novel mouse models using knock-in approaches to address some of the limitations of genetic mutations. The article concluded that the scientific community should use the open-access mouse model as a resource to study disease-relevant biology. Such instances are expected to boost the demand for mice models, further driving the market growth.
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