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(Medical-NewsWire.com, August 09, 2019 ) Ongoing innovations in mice models, continuous support in the form of investments and grants, and growing demand for humanized mice models are some of the factors driving the growth of the mice model market. The mice model market is expanding with the increase in R&D activities in pharmaceutical industries. These mice model are being used in many applications such as oncology studies, immunology and inflammation studies, central nervous system studies (anxiety and other disorders), cardiovascular studies, diabetes studies. The base year considered for the study is 2015, and the forecast has been provided for the period between 2016 and 2021.
The overall mice model market is expected to grow from USD 1.11 billion in 2016 to USD 1.59 billion by 2021, at a CAGR of 7.5% from 2016 to 2021.
Market Dynamics
+ Drivers
+ Ongoing innovations in mice models
+ Growing consumption of personalized medicine driving the demand for humanized mice models
+ Continuous support in the form of grants and investments
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Growing consumption of personalized medicine designed through the use of mice model, drives the global mice model market.
Personalized medicine is the process of developing tailored medications to target individualized treatment and care based on personal and genetic variation. These medicines are designed through the use of animal models, particularly mice models. In this process, immune-deficient models are transplanted with human tissues and the disease expressed is recorded. This is followed by treating the model with a whole series of drugs or gene therapies to find the most suitable treatment, thus generating suitable or personalized medicines for patients.
Mice model applications in various therapeutic indications such as immunology and inflammation studies, central nervous system studies (anxiety and other disorders), cardiovascular studies, diabetes studies, and other disease studies (mice models for rare diseases and metabolism & regulatory disorder studies, hematopoiesis, renal and toxicology studies) coupled with the ongoing innovations in mice models drive the growth of mice model market.
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