DUBLIN, Feb. 1, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/wnbls8/mice_model_market) has announced the addition of the "Mice Model Market by Type, Technology, Disease, Service & Care Products - Analysis & Global Forecast to 2020" report to their offering.

The mice model market is expected to reach USD 1.49 Billion in 2020 from USD 1.05 Billion in 2015, growing at a CAGR of 7.1%. The market is expected to be dominated by North America, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). Asia-Pacific is expected to grow at the highest rate during the forecast period.

Charles River Laboratories International, Inc. (U.S.), The Jackson Laboratory (U.S.), Taconic Biosciences, Inc. (U.S.), Envigo (U.K.), Covance, Inc. (U.S.), Janvier Labs France), Harbour Antibodies BV (Netherlands), Transgenic, Inc. (Japan), genOway SA (France), and SAGE Labs, Inc. (U.S.) are some of the key players in the mice model market worldwide.

The global mice model market is segmented on the basis of type, technology, disease, service and mice care products. By type, the market is categorized into inbred mice, genetically modified mice (knockout, knock-in), conditioned/surgically modified mice, hybrid/congenic mice, outbred mice, and spontaneous mutant mice. The inbred mice are estimated to account for the largest share of the global market, by type. However, knockout mice model are expected to be the fastest-growing market segment owing to high investments in the development of new and innovative knockout models that also increases the application areas for the models.

On the basis of technology, the market is segmented into microinjection, embryonic stem cell injection, nuclear transferase, and other technologies. Other technologies include genetically modified sperm-mediated gene transfer, virus/vector mediated gene transfer, liposome-mediated DNA & electroporation of DNA, biolistics, and CRISPR/Cas9, TALENs & ZFN. In 2015, microinjection technology is expected to command the largest share of the global market, by technology.

Ongoing innovations in mice model, personalized medicine fuelling the demand for personalized humanized mice model, continuous support in the form of investments and grants, and increase in R&D activities of pharmaceutical industries are some of the factors that are expected to drive the growth of the global market in the coming years. On the other hand, factors like advancements in genetic techniques for the development of genetically modified rats have led to the increased usage of rat models, thereby restraining the market to some extent. In addition, advances in zebrafish model development, increased benefits from cryopreservation, regulations & laws for the ethical use of animals, and alternative methods to animal testing are some factors expected to restrain the growth of the market. Moreover, the continuous need for improved mice model is posing as a major challenge for the global market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Mice Model Market, By Type

7 Mice Model Market, By Technology

8 Mice Model Market, By Service

9 Mice Model Market, By Disease

10 Mice Care Products Market, By Type

11 Mice Model Market, By Region

12 Competitive Landscape

13 Company Profiles

- Charles River Laboratories International, Inc.

- Covance, Inc.

- Envigo

- Genoway SA

- Harbour Antibodies Bv

- Ingenious Targeting Laboratory

- Janvier Labs

- Sage Labs, Inc. (A Subsidiary of Horizon Discovery Group PLC)

- Taconic Biosciences, Inc.

- The Jackson Laboratory

- Transgenic, Inc.

For more information visit http://www.researchandmarkets.com/research/wnbls8/mice_model_market

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Laura Wood , +353-1-481-1716, press@researchandmarkets.net

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SOURCE Research and Markets