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Mice Model Market competitive analysis and industry trends

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Rushika Gaikwad
Mice Model Market competitive analysis and industry trends

Increasing frequencies of chronic disorders and growing demand for effective therapeutic drugs have positively impacted the market development. Technological advancements in gene editing have meaningfully aided scientists in the research and development of novel drugs, leading to improved utilization of mice models. These models are widely used in research studies of various fields like oncology and immunology. Growing demand for personalized medicines has further controlled to rise in developing the genetically modified humanized mice model market. The Mice Model Market is anticipated to grow at the rate of 7.31% CAGR by 2026.

 

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The mice model market based on application has been segmented into immunology and inflammation studies, oncology studies, endocrine, metabolic studies, central nervous system studies, genetic studies, infectious disease studies, cardiovascular studies, and other disease studies. The endocrine disease studies are further segmented into diabetes and other endocrine metabolic disease. The oncology segment is anticipated to account for the largest market share in 2020, with the highest development rate.

 

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