Kenneth Research recently added a report on Humanized Mouse Model Market in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Humanized Mouse Model Market along with the compound growth rate (CAGR) of the market for a projected period between 2022 and 2031. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter’s five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Humanized Mouse Model Market products.
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The global Humanized Mouse Model Market was valued at USD 73.21 million in 2016 and is projected to reach USD 166.24 million by 2025, growing at a CAGR of 9.54% from 2017 to 2025.
A humanized mouse is a genetically modified organism carrying functioning human genes, cells, tissues, and/or organs. Humanized mice are commonly used as Test organisms or models in biological and medical research for human therapeutics.
1. Market Drivers
1.1 Growing R&D activities involving Humanized Mouse models
1.2 Growing Adoption of Personalized Medicine
1.3 Increasing fund from private and public sector
1.4 Rise in biotechnology and biopharmaceutical researches
2. Market Restraints
2.1 Ethical issues
2.2 Stringent regulations and Govt. Formulations
1. Global Humanized Mouse ModelMarket, by End User:
1.1 Pharmaceutical and Biotechnology Companies
1.2 Contract Research Organizations
1.3 Academic and Research Institutions
2. Global Humanized Mouse ModelMarket, by Type:
2.1 Genetic Humanized Mouse Model
2.2 Cell-Based Humanized Mouse Model
2.2.1 CD34 Humanized Mouse Model (Hu-CD34)
2.2.2 PBMC Humanized Mouse Model
2.2.3 BLT Humanized Mouse Model
3. Global Humanized Mouse Model Market, by Application:
3.2 Immunology and infectious diseases
4. Global Humanized Mouse Model Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
1. The Jackson Laboratory
2. Taconic Biosciences, Inc.
3. Horizon Discovery Group PLC
4. Genoway S.A.
5. Harbour Antibodies Bv (A Subsidiary of Harbour Biomed)
6. Humurine Technologies
7. Vitalstar Biotechnology Co., Ltd.
8. Ingenious Targeting Laboratory
9. Axenis S.A.S
10. Trans Genic, Inc.
11. Champions Oncology, Inc.
12. Crown Bioscience, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Humanized Mouse ModelMarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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