Genetically Modified Mouse Market Insight: Market Trends, Growth, Forecasted from 2024 TO 2031
Executive Summary
The genetically modified mouse market research report provides a comprehensive analysis of the current market conditions and trends for genetically modified mice. The market is expected to grow at a CAGR of % during the forecasted period, driven by the increasing demand for genetically engineered mice in research and pharmaceutical industries.
Market trends in the genetically modified mouse market include the growing adoption of genetically modified mice in drug discovery and development, advancements in genome editing technologies such as CRISPR/Cas9, and the rising prevalence of genetic diseases. These trends are expected to drive the market growth in the coming years.
In terms of geographical spread, North America leads the genetically modified mouse market with the highest market share, followed by Europe and Asia Pacific. The United States is a key player in the market due to the presence of major pharmaceutical and biotechnology companies investing in research and development activities. China is also emerging as a key market for genetically modified mice due to the government initiatives to support animal research and biotechnology advancements.
Overall, the genetically modified mouse market is poised for significant growth in the forecasted period, with key market players focusing on product innovation, strategic collaborations, and expanding their presence in emerging markets. The market is expected to witness a steady increase in demand for genetically engineered mice for various applications, driving market growth and advancements in genetic research.
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Market Segmentation:
This Genetically Modified Mouse Market is further classified into Overview, Deployment, Application, and Region.
In terms of Components, Genetically Modified Mouse Market is segmented into:
- Shanghai Model Organisms Center, Inc.
- Gem Pharmatech Co., Ltd.
- Charles River Laboratories
- Envigo
- Taconic Biosciences
- Jackson Laboratory
- Shanghai SLAC
- Joinn Laboratories
- Crown Biosciences
- Pharmalegacy
- Syngene International
- Janvier Labs
- GenOway
- Psychogenics
- Horizon Discovery Group
- Vitalstar Biotechnology
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The Genetically Modified Mouse Market Analysis by types is segmented into:
- Disease Model
- Oncology Research Model
- Immunological Research Model
- Conventional Gene Modification Model
- Others
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The Genetically Modified Mouse Market Industry Research by Application is segmented into:
- Drug Discovery
- Basic Research
- Toxicity Test
- Parasitological Study
- Hereditary Disease Study
- Others
In terms of Region, the Genetically Modified Mouse Market Players available by Region are:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
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Key Drivers and Barriers in the Genetically Modified Mouse Market
Key drivers in the Genetically Modified Mouse market include the increasing prevalence of genetic diseases, advancements in gene editing technologies, and growing demand for personalized medicine. However, barriers such as regulatory constraints, ethical concerns related to animal welfare, and high costs of developing and maintaining genetically modified mouse strains can hinder market growth. Additionally, challenges faced in the market include limitations in the accuracy and efficiency of gene editing techniques, variability in research outcomes due to genetic heterogeneity, and potential unforeseen consequences of genetic modification on mouse models and human health.
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Competitive Landscape
One of the key players in the genetically modified mouse market is Charles River Laboratories, a leading provider of research models and associated services. The company was founded in 1947 and has a strong presence in the market due to its extensive portfolio of genetically modified mouse models. Charles River Laboratories has experienced significant market growth over the years and has expanded its offerings to cater to the evolving needs of the pharmaceutical and biotechnology industries.
Another prominent player in the market is Jackson Laboratory, a nonprofit biomedical research institution that specializes in mouse genetics. With a history dating back to 1929, Jackson Laboratory has established itself as a key player in the genetically modified mouse market. The company is known for its diverse range of genetically engineered mouse models and has a strong reputation for high-quality research models.
In terms of market size, the genetically modified mouse market is estimated to be worth billions of dollars globally, with the market continuing to grow due to the increasing demand for genetically modified research models in drug discovery and development. Companies such as Charles River Laboratories and Jackson Laboratory have reported strong sales revenue, with Charles River Laboratories generating over $ billion in sales revenue in 2020.
Overall, the genetically modified mouse market is highly competitive, with a number of key players vying for market share. Companies such as Charles River Laboratories and Jackson Laboratory have established themselves as leaders in the market due to their extensive experience, diverse portfolio of research models, and strong sales revenue. The market is expected to continue to grow in the coming years, driven by the increasing demand for genetically modified research models in various industries.
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