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Animal models are those animals on which biological and pathological experiment are performed and tested. The animal models are used as the human beings and animals have similar physiological and organic structures. Furthermore, some of the animals have almost similar genetic structures as of humans. So, animal models are used by research scientists and other peoples for studying of certain diseases and cure of that disease and test the end products before using on the humans. Novel drugs are investigated in animals for efficacy and safety before they are examined in peoples.
The humanized mouse model is anticipated to grow at CAGR of 9.46% during the forecast period of 2019 to 2028. The humanized mouse is the mouse which carries the functioning of human gene, cells, tissue and or organs. Humanized mice are generally used as small animal model in biological and medical research in human therapeutics. The dynamic factors such as use of mouse models for identification of immunodeficiency disorders, cancers and other rare diseases is propelling growth of humanized mouse models market. The increasing research and development activities carried out by pharmaceutical and biotechnology companies is also boosting growth of humanized mouse models market. However, high cost of study is hampering the growth of humanized mouse models market.
The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the humanized mouse models market. In addition, complete analysis of changes on humanized mouse models expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on Global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The rising incidences of various diseases and viral infections such as COVID-19 increases the demand for humanized mouse models for research activity during COVID-19 period. The rising prevalence of infectious diseases is also boosting growth of humanized mouse models market during COVID-19 pandemics. The rising use of animal models for development of research activities is also boosting growth of humanized mouse models market during COVID-19 period.
The humanized mouse models market is segmented by type, application end user and geography.
The humanized mouse model market is comprised of various type of humanized mouse models such as genetic humanized mouse models and cell-based humanized mouse models. In which genetic humanized mouse models are estimated to dominate the market in 2020. The rising use of genetic models for analysis of compounds, biological efficacy and safety testing is propelling growth of humanized mouse models market. The growing investigational study for new drug development is also boosting growth of humanized mouse models market.
The humanized mouse models have extensive application in the field of immunology and infectious diseases, neuroscience, oncology, haematopoiesis, toxicology and other. In which oncology segment is expected to dominate the market in 2020. The rising number of cancer research activities is propelling growth of humanized mouse models market. The growing research activities is also boosting growth of humanized mouse models market. The increasing research activities and rising innovation for development of humanized mouse models is also boosting growth humanized mouse models market.
The humanized mouse models market is comprised of end user such as pharmaceutical and biotechnology companies, contract research organizations and academic and research institution. In which pharmaceutical and biotechnology companies are expected to dominate the market in 2020. The rising research and development activities in pharmaceutical industry is propelling growth of the market. The growing healthcare funding is also boosting growth of the market. Furthermore, rising demand for quality testing of pharmaceuticals is also refuelling growth of humanized mouse models market.
The humanized mouse models market is studied for key countries of regions such as North America, Europe, Asia Pacific and Rest of the World. In which North America is anticipated to dominate the market in 2020. The rising research and development activities is boosting growth of humanized mouse models market. The growing prevalence of infectious diseases is also propelling growth of humanized mouse models market. The rising use of humanized mouse models for cancer research is also boosting growth of humanized mouse models market.
The major key players in humanized mouse models market are The Jackson Laboratory, Taconic Biosciences Inc., Harbour Biomed, Humurine Technologies Inc., Vitalstar Biotechnology Co. Ltd., Crown Bioscience Inc., Ingenious Targeting Laboratory, Axenis S.A.S., Trans Genic Inc. and Genoway S.A. among others.
January 2021: The Champion Oncology Inc., a well-known global oncology technology company which is transforming drug discovery and development by the data driven research strategies announced the expansion of its Lumin Bioinformatics SaaS program.
December 2020: The Perkin Elmer Inc., and Horizon Discovery Group plc announced the agreement on the terms of a recommended all-cash offer in Perkin Elmer will acquire Horizon.
January 2020: The Taconic Biosciences, a global leader in the development of drug discovery animal model has launched a new model generation facility in Leverkusen, Germany.
January 2020: The H.I.G. Capital announced that one of their affiliates has joined forces with the management team of Taconic Biosciences inc., for supporting company’s growth as the leading provider of research models and services to the pharmaceutical, biotechnology and contract research organizations.
The report analyses the humanized mouse models based on the type, application, end user and geography. The various types of humanized mouse models covered in the report are genetic humanized mouse models and cell-based humanized mouse models. By Application, the market is segmented into the immunology and infectious diseases, neuroscience, oncology, haematopoiesis, toxicology and other. Based on end user, the market is segmented into the pharmaceutical and biotechnology companies, contract research organization and academic and research institutes. The report also analyses the impact of COVID-19 on the market and it found that the rising incidences of various diseases and viral infections such as COVID-19 increases the demand for humanized mouse models for research activity during COVID-19 period. The rising prevalence of infectious diseases is also boosting growth of humanized mouse models market during COVID-19 pandemics. The rising use of animal models for development of research activities is also boosting growth of humanized mouse models market during COVID-19 period. The report also analyses the major key players operating in the market.
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