The new report by Expert Market Research titled, ‘Global Humanised Mouse and Rat Model Market Share, Report and Forecast 2023-2028, gives an in-depth analysis of the global humanised mouse and rat model market, assessing the market based on its segments like type, applications, end use, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): Approximately USD 105.9 million
- Forecast CAGR (2023-2028): 15%
- Forecast Market Size (2028): About USD 189.10 million
The overall market for humanised mouse and rat model is growing due to factors such as increasing innovation in mouse models, rising demand for customised medicine, and a growing pipeline of pharmaceutical and biopharmaceutical companies. The increasing prevalence of cancer, research and development activities, and increased production of monoclonal antibodies are expected to provide growth opportunities for the market in the coming years. Further, the market is anticipated to grow on account of the increasing outsourcing of preclinical studies to contract research organisations by pharmaceutical companies.
In addition, researchers and academics worldwide are focusing on the development of novel vaccines and therapies using humanised mouse models since the data obtained from these models can assist in predicting the clinical outcome of medicine. These are some factors expected to propel the demand for humanised mouse and rat models in the pharmaceutical sector, CROs, academic institutions, and research organisations, thereby benefiting the market.
Industry Definition and Major Segments
In biology and medical research for human therapies, a humanised mouse is a mouse with functional human genes, cells, tissues, and/or organs. These mouse models are used to simulate the human immune system in both healthy and pathological circumstances. They are utilised for basic research, assessing the safety of large molecule therapies, modelling human-specific infectious illnesses, and evaluating the efficacy of immunotherapy techniques. In all cells and tissues, the human protein is expressed, whilst the mouse protein is inhibited.
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By type, the market is divided into:
- Humanised Mouse Models
- Cell-based Humanised Mouse Model
- Genetic Humanisaed Mouse Model
- Humanised Rat Models
The market, based on applications, can be classified as:
- Immunology and Infectious Diseases
On the basis of end use, the market can be categorised into:
- Pharmaceutical and Biotechnology Companies
- Contract Research Organisations
- Academic and Research Institutions
On the basis of region, the market is divided into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Increase in research and development activities carried out by pharmaceutical and biotechnology companies, continuous support and initiatives from governments and private sectors for research on mouse models, growth in adoption of modified medicine, technological advancements, and improvement of healthcare in developing nations are some of the factors expected to provide impetus to the market growth of humanised mouse and rat models. Further, factors such as increasing geriatric population and the rising number of diagnostic imaging centres are likely to boost the adoption of humanised mouse and rat models for the development of effective medication solutions, thereby fuelling the growth of the market. In addition to this, owing to the rising demand for mouse and rat models in academic institutions and research institutes are projected to expand at a healthy rate, hence favouring the market.
Key Market Players
The major players in the market are The Jackson Laboratory, GenOway S.A., TransGenic Inc., Horizon Discovery Group plc, and Vitalstar Biotechnology Co., Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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