Press Release
Press Release
The rising use of mouse and rat models for the detection of immunodeficiency disorders, tumours, and other unusual diseases, growing demand for personalised medicine, increase in research and development activities carried out by pharmaceutical and biotechnology companies; and rise in the acceptance of adapted medicines have aided the growth of the humanised mouse and rat model market. The humanised mouse model industry growth rate can also be attributed to the rising incidences of chronic disorders and growing demand for effective therapeutic drugs and is anticipated to bring new opportunities. Basic science, safety evaluation for large molecule therapeutics, simulation of some human-specific infectious diseases, and efficacy testing of immunotherapy approaches all use humanised mouse models. Factors such as the growing ageing population and rising number of diagnostic imaging are amongst the major factor projected to impel the growth of the market. The oncology segment is likely to witness the highest growth due to the rising number of cancer research activities and rising innovation to develop humanised mouse models tailored to meet the specific needs of cancer research.
Due to the presence of key players, the global humanised mouse and rat model industry is highly consolidated. The humanised mouse and rat model market is expected to be driven by leading players' growth strategies. For example, Taconic Biosciences, a global leader in providing drug discovery animal model solutions, announced in February 2020 that its humanised immune system mouse models were currently being developed in Europe. Local production makes it easier for drug discovery researchers in Europe to get their hands on this essential oncology research tool.
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The major players in the global humanised mouse and rat model industry include The Jackson Laboratory, GenOway S.A., TransGenic Inc., Horizon Discovery Group plc, and Vitalstar Biotechnology Co., Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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