DALLAS, April 18, 2014 /PRNewswire-iReach/ -- Over the
years, the mice model market, which includes models and services,
has witnessed many innovations that have led to an increase in the
application areas of mice models. For instance, mice models are
widely used in preclinical research in a number of academic
institutions all around the world and also in various industries
including pharmaceutical, biotechnology, biopharmaceutical, medical
research, biomedical research, and others.
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The inbred mice market is the fastest-growing segment of the
mice model market. The rapid growth of this market is attributed to
their ability to reproduce the same results in different
laboratories over a period of time. However, the knockout mice
model market is the fastest-growing market due to the increase in
the number of investments in the development of knockout mice
models. One of the major investments includes $110 million by the National Institutes of Health
(NIH) (U.S.) for a period of five years to initiate the second
phase of the Knockout Mouse Project (KOMP2) in September 2011.
In the mice model services market, the breeding market is
expected to grow at the highest CAGR. This is due to the increase
in the production of mice as well as the increase in use of mice by
companies, which has increased the need to manage the breeding of
these mice in an effective manner. Thus, the growing market for
mice models is likely to boost the market for breeding
services.
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In the coming years, the growth of the mice model market is
likely to be focused on China,
India, Japan, Brazil, and Mexico. These countries offer a wide array of
opportunities for growth and are likely to serve as revenue pockets
for the mice model market. All these countries offer high-growth
potential as compared to mature markets such as the U.S. and
U.K.
Growth in these markets is spurred by the growing R&D
activities in China, Japan, Brazil, and Singapore. In addition to this, the Asian
countries have low presence of animal welfare activities conducted
by animal activists and thus are potential regions to outsource
animal models and allied animal testing services. Thus, the Asian
region is more adaptive and business friendly due to the
comparatively less stringent regulations. This has led to an
increase in R&D activities in this region. The region is a hub
for preclinical trials and has witnessed a high growth in the CRO
industry in China, India, Korea, and Taiwan. According to ClinicalTrials.gov, the
number of clinical trials conducted in India was 40 to 50 in 2003, which increased to
270 by 2007. China, on the other
hand, surpassed India and
showcased 428 ongoing trials in 2008 and a total of 870 trials
(including completed and ongoing) as compared to 737 trials in
India by 2008. Additionally,
clinical trials are expected to be up to 50% cheaper in
India compared to the U.S. Thus,
the growth in R&D activities is propelling the demand for mice
models.
The mice model market is highly competitive and has few major
companies dominating the market. Players operating in the market
strive hard to gain market visibility and a larger market share.
Companies primarily focus on strategies such as agreements,
partnerships, collaborations, joint ventures, and mice model
out-licensing in order to increase their customer base. However,
the stringent laws and regulations for the ethical use of
laboratory animals are limiting the use of these mice models.
The report extensively covers mice models and services and mice
care products used in a number of life sciences industries. Volume
analysis of the market has not been provided due to wide variations
in prices of mice models, which vary with different
indications.
Comprehensive Table of Contents and more for the report "Mice
Model Market – by Type [Inbred, Knockout, Conditioned], Technology
[Microinjection, Embryonic Stem Cell], Disease [Oncology,
Immunology, CNS], Service [Breeding, Cryopreservation, Quarantine]
& Care Products [Cages, Bedding, Feed] – Forecasts to 2018" is
available at
http://www.rnrmarketresearch.com/mice-model-market-by-type-inbred-knockout-conditioned-technology-microinjection-embryonic-stem-cell-disease-oncology-immunology-cns-service-breeding-cryopreservation-quarantine-c-market-report.html
.
Reasons to Buy the Report:
The report will enrich both established firms as well as new
entrants/smaller firms to gauge the pulse of the market, which in
turn would help the firms in garnering a greater market share.
Firms purchasing the report could use any one or a combination of
the below mentioned five strategies (Market Penetration, Product
Development/Innovation, Market Development, Market Diversification,
and Competitive Assessment) for reaping market shares.
The report provides insights on the following
pointers:
- Market Penetration: Comprehensive information on the
product portfolios and services offered by the top 15 players in
the mice model market. The report analyzes the systems and
consumables market by category/end users across geographies
- Product Development/Innovation: Detailed insights on the
upcoming technologies, research and development activities, and new
product launches in the mice model market
- Market Development: Comprehensive information about
lucrative emerging markets. The report analyzes the markets for
mice models across geographies
- Market Diversification: Exhaustive information about new
products and services, untapped geographies, recent developments,
and investments in the mice model market
- Competitive Assessment: In-depth assessment of market
shares, strategies, products and services, distribution networks,
and manufacturing capabilities of the leading players in the mice
model market
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