Meticulous Research® Forecasts Mice Model Market to Hit $2.48 Billion by 2030


Posted July 18, 2024 by Prajwalagale001

According to the latest publication by Meticulous Research®, the mice model market is set to reach $2.48 billion by 2030, growing at a CAGR of 6.5% from 2023 to 2030
 
According to the latest publication by Meticulous Research®, the mice model market is set to reach $2.48 billion by 2030, growing at a CAGR of 6.5% from 2023 to 2030. The market's expansion is attributed to the benefits of mice in human disease studies, the rising prevalence of cancer, more research funding, and the demand for personalized medicine. Technological advancements in mice models are expected to provide substantial growth opportunities.

However, ethical issues, regulatory restrictions, lack of skilled personnel, and high costs could impede market growth.

Mice Model Market: Future Outlook

The market is segmented by mice type, services, technology, mode, application, end user, and geography. The study also evaluates industry competitors and analyzes markets at the country and regional levels.

In 2023, the inbred mice segment is expected to dominate due to their unique genetic makeup and consistent experimental results. The breeding services segment is anticipated to hold the largest market share, driven by the demand for customized mice models in research applications such as oncology and cardiovascular disease.
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Issued By prajwal
Country United States
Categories Electronics , Engineering , Semiconductors
Last Updated July 18, 2024