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Humanized Mice Model Market to total US$ 182.0 Million by 2034, Expanding at a 6.0% CAGR- Fact.MR Study
Humanized Mice Model Market
Precision medicine is gaining popularity among cancer patients due to increasing uses of genetic profiling for the diagnosis and treatment of various tumor types. The demand for mice models is anticipated to increase with the increased demand for precision medicine in the market.
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Humanized Mice Model Market Trends
Humanized mice models are often used in preclinical drug development to assess the safety and efficacy of potential treatments. Demand for the models is likely to increase as pharmaceutical and biotechnology companies seek more realistic models of human biology on which to try out new medicines.
More advanced gene editing methods like CRISPR/Cas9 have enabled the generation of humanized mice models with higher precision and speed. This trend accelerated model generation and improved disease modeling in humans.
Country-wise Insights
China's market is expected to register incredible growth, exhibiting a stellar CAGR of 6.7% during 2034. The growth is mainly driven due to the rising demand for humanized mice models across major countries. The United States leads the humanized mice model market, growing at a CAGR of 5.9% by 2034.
United States humanized mouse model market is projected to achieve a CAGR of 5.9% during 2034. Academic and research institutes are the major consumers of humanized mice models in United States. By utilizing these models in various study areas, these institutes facilitate an enhancement in consumer's awareness about human diseases and potential cures.
Category-wise Insights
According to the model type, the cell-based segment is forecasted to grow at a CAGR of 6.1% by 2034. At the same time, the genetic segment is expected to increase at 5.9% CAGR by 2034. According to application, the oncology segment records its leadership in the market for humanized mice models at a CAGR of 6.2% by 2034.
Why Are Cell-based Humanized Mice Models Preferentially Used?
"Growing Need to Analyze Therapeutic Strategies with Cell-based Models"
By model type, the cell-based segment is anticipated to boom at a CAGR of 6.1% through 2034. Cell-based models play a significant role in the market for humanized mice models and assist with advancing numerous disciplines, such as immunology, infectious diseases, cancer, and personalized medicine.
By the transplantation or injection of human cells into immunodeficient mice, these models allow researchers to study disease, therapies, and responses unique to humans.
Humanized mouse models with human cells engrafted are commonly used in oncology studies. They generate an in vivo environment that closely replicates human physiology and allows researchers to study tumor growth, metastasis, and anticancer medication response.
Competitive Landscape
Key companies in the market of humanized mice models are THE JACKSON LABORATORY, laconic Biosciences, Inc., Genoway S.A., Yecuris Corporation, Charles River Laboratories, Inc., Crown Bioscience Inc., Ingenious Targeting Laboratory Inc., orizon Discovery Group plc, HuMurine Technologies, and Trans Genic Inc., Ltd.
The market of humanized mice models has a changing competitive environment. Top companies are emphasizing research & development and new products to increase their market share.
Major players are further focusing on green practices and product certifications and meeting the growing demand for customized drugs. Top players are maintaining their market position and riding the growing demand by being concerned with the quality and innovation of the product.
For example,
In October 2021, The Jackson Laboratory (JAX), a non-profit biomedical research institution in the United States, purchased Charles River Laboratories Japan's Research Models & Services (RMS) business as a wholly-owned subsidiary.
In February 2019, H.I.G. Capital LLC, through one of its affiliates, purchased Taconic Biosciences Inc.
In November 2020, The Jackson Laboratory and Beijing Anitec Biotechnology launched a joint venture partnership for enhancing access and velocity to superior quality research models and services in China.
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Humanized Mice Model Market Segmentation by Category
By Model Type:
Genetic
Cell-based
CD-34
PBMC
By Application:
Toxicology
Oncology
Infectious Disease
GvHD
Regenerative Medicine
Neurobiology
Others
By End-user:
Pharmaceutical and Biotechnology Companies
Contract Research Organizations
Academic & Research Institutes
By Region:
North America
Latin America
Eastern Europe
Western Europe
South Asia and the Pacific
East Asia
Middle East and Africa
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