Meticulous Research® has released a new report projecting that the mice model market will reach $2.48 billion by 2030, with a CAGR of 6.5% from 2023 to 2030. The market's growth is driven by the advantages of using mice for studying human diseases, increasing cancer prevalence, more research grants, and the demand for personalized medicine. Technological advancements and innovations in mice models are expected to provide significant growth opportunities.

However, ethical concerns and regulatory restrictions may restrain market growth. Additional challenges include a lack of skilled personnel for animal studies and the high cost of mice models.

Future Outlook

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

In 2023, the inbred mice segment is expected to account for the largest share of the market due to the high demand for their unique genetic composition and reliable experimental results. Additionally, the breeding segment is projected to hold the largest share in the services category, driven by the increased demand for breeding services to produce customized mice models for various research applications, such as oncology and cardiovascular disease studies.