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Humanized Mouse Model Market is categorized on the basis of type, application, end user, and region | Research Cosmos

 



(MoneyNewsWire.Net, April 03, 2018 ) The humanized mouse model market is projected to reach USD 116.0 Million by 2021 from 73.3 Million in 2016, growing at a CAGR of 9.6% during the forecast period. The growth of the overall market can be contributed to surge in the number of research activities involving humanized mouse models, increased R&D activities by pharmaceutical and biotechnology companies, and growing adoption of personalized medicine. In addition to this, continuous support for research activities in the form of investments and grants is further stimulating the market growth.

Explore More Information about report @ https://www.researchcosmos.com/reports/global-humanized-mouse-model-market-analysis-and-forecast-to-2022-growth-opportunity-assessment/4434074

The global market is categorized on the basis of type, application, end user, and region. On the basis of type, the market is categorized into genetic and cell-based humanized mouse model. The genetic segment is estimated to account the largest share of the global market, by type. The cell-based humanized mouse model segment is further divided into CD34, PBMC, and BLT humanized mouse model. In 2016, the CD34 segment is expected to command the largest share of the cell-based humanized mouse model market. CD34 mice models are used as in vivo platforms for analyzing the safety and effectiveness of potential new drugs that can modulate the immune system. Additionally, they are used for long-term studies in the fields of immuno-oncology, infectious disease, and graft versus host disease. Thus, the growing application areas of CD34 models are expected to trigger the demand for these models in the coming years.

On the basis of application, the global market is segmented into oncology, immunology and inflammation, neuroscience, hematopoiesis, toxicology, and other applications. The oncology segment is estimated to command the largest share of the global market in 2016. This segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to increasing research activities and growing funding from various governments to carry out research studies on cancer.

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On the basis of end user, the market is segmented into pharmaceutical & biotechnology companies, contract research organizations (CROs), and academic & research institutions. In 2016, the pharmaceutical & biotechnology companies segment is expected to command the largest share of the market.

North America is expected to account for the largest share of the global market. The large share of this segment can be attributed to rising biomedical research and increased R&D spending by pharmaceutical companies. In the coming years, the humanized mouse model market is expected to witness the highest growth rate in the Asia-Pacific region. The high growth in the region can be attributed to rising focus on personalized medicine in China, increasing investments from government and private sector in China’s life sciences sector, research in regenerative medicine in Japan, increase in animal research in Malaysia, growth in the pharmaceutical industry in India, growth in translational and biomedical research in Singapore, and rising pharmaceutical and biotechnology R&D activities in South Korea.

Key players in the global humanized mouse model market include The Jackson Laboratory (U.S.), Taconic Biosciences, Inc. (U.S.), Harbour Antibodies BV (China), HuMurine Technologies, Inc. (U.S.), Vitalstar Biotechnology Co. Ltd. (China), Crown Bioscience, Inc. (U.S.), ingenious targeting laboratory (U.S.), Axenis S.A.S (France), TRANS GENIC, Inc. (Japan), genOway S.A. (France), and Horizon Discovery Group plc (U.K.).

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About Us:
Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. We’re associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.

Research Cosmos

Dani Rodriguez

+1 888 709 8757

dani@researchcosmos.com

Source: EmailWire.Com


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