Mice models are commonly used for studying aspects of human health & diseases. Mice are especially useful for this purpose since they have similar mammalian features to that of humans. There are different types of mice models, such as inbred mice, genetically engineered mice, hybrid/congenic mice, and conditioned/surgically modified mice. These models can be used for various applications, such as oncology, cardiology, genetic, and endocrine and metabolic studies.

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The growth of this market is driven by factors such as the advantages of mice as an animal model for studying human diseases, the rising prevalence of cancer, the increasing number of grants for research studies, and the rising demand for personalized medicine. In addition, the technological advancements & innovations in mice models are expected to provide significant growth opportunities for this market.

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However, ethical concerns and regulatory restrictions are expected to hinder the growth of this market to a certain extent. In addition, factors such as the lack of skilled personnel for performing animal studies and the high cost of mice models are the major challenges to the growth of this market.