[Latest] Global Mice Model Market Size/Share Worth USD 56.60 Billion by 2032 at a 6.75% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Mice Model Market size & share revenue was valued at approximately USD 32.10 Billion in 2022 and is expected to reach USD 34.55 Billion in 2023 and is expected to reach around USD 56.60 Billion by 2032, at a CAGR of 6.75% between 2023 and 2032. The key market players listed in the report with their sales, revenues and strategies are Charles River Laboratories, The Jackson Laboratory, Taconic Biosciences, Envigo, Creative Biolabs, Crown Bioscience, Horizon Discovery Group, JANVIER LABS, Laboratory Corporation of America Holdings, Transposagen Biopharmaceuticals, and others.


Austin, TX, USA, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled Mice Model Market Size, Trends and Insights By Model Type (Transgenic Mice, Knockout Mice, Hybrid/Congenic Mice, Conditioned/Surgically Modified Mice), By Application (Research & Development, Safety Assessment, Production, Academic Research), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032 in its research database.

“According to the latest research study, the demand of global Mice Model Market size & share was valued at approximately USD 32.10 Billion in 2022 and is expected to reach USD 34.55 Billion in 2023 and is expected to reach a value of around USD 56.60 Billion by 2032, at a compound annual growth rate (CAGR) of about 6.75% during the forecast period 2023 to 2032.”

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MICE Model Market: Growth Factors and Dynamics

  • Event-based Economy: The MICE industry thrives on the event-based economy, encompassing corporate meetings, incentive travel, conferences, and exhibitions. As businesses and organizations continue to host such events, the MICE model market is poised for substantial growth.
  • Business Expansion: The global expansion of businesses and multinational corporations has led to a surge in meetings, conferences, and exhibitions. The MICE model plays a pivotal role in coordinating and managing these events efficiently.
  • Tourism and Hospitality: The MICE industry closely aligns with the tourism and hospitality sectors, benefiting from the increasing number of travellers attending events, thereby boosting the demand for MICE services.
  • Technological Integration: The integration of cutting-edge technology solutions, such as event management software, virtual and hybrid event platforms, and data analytics, is revolutionizing the MICE model market, and enhancing event planning and execution.
  • Destination Marketing: Various destinations worldwide are promoting themselves as MICE venues. This trend is propelling the MICE industry as event planners seek unique and attractive locations for their clients.
  • Sustainability and Green Practices: The MICE market is witnessing a shift towards sustainable and eco-friendly event planning and execution, catering to the growing awareness and demand for green practices.
  • Incentive Programs: Companies are increasingly investing in incentive travel and recognition programs to motivate and reward their employees. This has led to a surge in the demand for MICE services specializing in incentive travel.
  • Economic Impact: The MICE industry contributes significantly to the local economy of host destinations by generating revenue for hotels, restaurants, transportation, and other businesses.
  • Cultural Exchanges: International conferences and exhibitions foster cultural exchanges and collaboration, thereby driving the global MICE model market.
  • Post-Pandemic Resilience: The MICE industry’s resilience post-COVID-19 has demonstrated its adaptability and the importance of contingency planning, spurring further interest and investments.

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Report Scope

Feature of the Report Details
Market Size in 2023 USD 34.55 Billion
Projected Market Size in 2032 USD 56.60 Billion
Market Size in 2022 USD 32.10 Billion
CAGR Growth Rate 6.75% CAGR
Base Year 2022
Forecast Period 2023-2032
Key Segment By Model Type, Application and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Mice Model report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
  • The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
  • About 220+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on the Request.
  • Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2023
  • Includes Tables and figures have been updated.
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis 
  • Custom Market Insights (CMI) research methodology

(Please note that the sample of the Mice Model report has been modified to include the COVID-19 impact study prior to delivery.)

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MICE Model Market: COVID-19 Analysis

  • Virtual and Hybrid Events: The pandemic accelerated the adoption of virtual and hybrid event solutions, ensuring business continuity and audience engagement even during lockdowns.
  • Health and Safety Measures: The MICE industry adapted to strict health and safety protocols, ensuring the safe execution of events when in-person gatherings were feasible.
  • Digital Transformation: The crisis accelerated digital transformation within the MICE sector, optimizing event management, registration, and engagement processes.
  • Flexibility and Contingency Planning: Post-COVID, the industry embraced flexibility and robust contingency planning, ensuring preparedness for unforeseen disruptions.
  • Recovery Catalyst: As restrictions eased, the MICE industry was viewed as a catalyst for economic recovery, attracting investments and generating employment.
  • Hybrid Event Models: The hybrid event model emerged as a sustainable approach, offering both in-person and virtual options for attendees, expanding the reach of events.
  • New Normal: The pandemic redefined the “new normal” for the MICE industry, encouraging innovation and adaptability to meet changing event requirements.
  • Resilience in the Face of Uncertainty: The MICE market demonstrated resilience by navigating uncertainty, and showcasing its long-term potential.

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Key questions answered in this report:

  • What is the size of the Mice Model market and what is its expected growth rate?
  • What are the primary driving factors that push the Mice Model market forward?
  • What are the Mice Model Industry's top companies?
  • What are the different categories that the Mice Model Market caters to?
  • What will be the fastest-growing segment or region?
  • In the value chain, what role do essential players play?
  • What is the procedure for getting a free copy of the Mice Model market sample report and company profiles?

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2023−2032
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
  • Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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List of the prominent players in the Mice Model Market:

  • Charles River Laboratories
  • The Jackson Laboratory
  • Taconic Biosciences
  • Envigo
  • Creative Biolabs
  • Crown Bioscience
  • Horizon Discovery Group
  • JANVIER LABS
  • Laboratory Corporation of America Holdings
  • Transposagen Biopharmaceuticals
  • Others

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(We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.)

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Browse the full Mice Model Market Size, Trends and Insights By Model Type (Transgenic Mice, Knockout Mice, Hybrid/Congenic Mice, Conditioned/Surgically Modified Mice), By Application (Research & Development, Safety Assessment, Production, Academic Research), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032 Report at https://www.custommarketinsights.com/report/mice-model-market/

Mice Model Market – Regional Analysis

North America:

  • North America, particularly the United States, is a pharmaceutical and biotech research hub, driving the demand for mice models.
  • The presence of leading players in the region contributes to market growth.
  • Stricter regulatory oversight influences the ethical use of mice models.

Europe:

  • Europe has a strong presence in academic and research institutions, fueling the demand for mice models.
  • Regulatory frameworks in Europe focus on animal welfare and ethical research.
  • Academic collaborations and research initiatives promote market growth.

Asia-Pacific:

  • Asia-Pacific is experiencing increased investment in life sciences research, leading to growing demand for mice models.
  • The region’s pharmaceutical industry is expanding, driving the need for preclinical testing.
  • Challenges include varying regulatory standards across countries in the region.

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The Mice Model Market is segmented as follows:

By Model Types & Services

  • Model Types
    • Inbred Mice
    • Genetically Engineered Mice
    • Outbred Mice
    • Hybrid/Congenic Mice
  • Services
    • Breeding
    • Cryopreservation
    • Rederivation
    • Quarantine
    • Other Services

By Technology

  • CRISPR/CAS9
  • Microinjection
  • Embryonic Stem cell Injection
  • Nuclear Transfer
  • Other Technologies

By Application

  • Drug Discovery & Development
  • Basic Research
  • PDx Models/Xenografts

By End User

  • Academic Institutes & Research Centers
  • Pharma & Biotech Companies
  • CROs & CDMOs

Click Here to Get a Free Sample Report of the Global Mice Model Market @ https://www.custommarketinsights.com/report/mice-model-market/

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

This Mice Model Market Research/Analysis Report Contains Answers to the following Questions.

  • Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Mice Model Market? What are Their Company Profile, Product Information, and Contact Information?
  • What Was the Global Market Status of the Mice Model Market? What Was the Capacity, Production Value, Cost and PROFIT of the Mice Model Market?
  • What Is the Current Market Status of the Mice Model Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Mice Model Market by Considering Applications and Types?
  • What Are Projections of the Global Mice Model Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
  • What Is Mice Model Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is the Economic Impact On Mice Model Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Mice Model Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Mice Model Industry?

Click Here to Access a Free Sample Report of the Global Mice Model Market @ https://www.custommarketinsights.com/report/mice-model-market/

Reasons to Purchase Mice Model Market Report

  • Mice Model Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
  • Mice Model Market report outlines market value (USD) data for each segment and sub-segment.
  • This report indicates the region and segment expected to witness the fastest growth and dominate the market.
  • Mice Model Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
  • The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
  • Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
  • The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
  • Mice Model Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

  • The study provides a thorough overview of the global Mice Model market. Compare your performance to that of the market as a whole.
  • Aim to maintain competitiveness while innovations from established key players fuel market growth.

Buy this Premium Mice Model Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/mice-model-market/

What does the report include?

  • Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Mice Model market analysis.
  • The competitive environment of current and potential participants in the Mice Model market is covered in the report, as well as those companies' strategic product development ambitions.
  • According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
  • For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

  • Participants and stakeholders worldwide Mice Model market should find this report useful. The research will be useful to all market participants in the Mice Model industry.
  • Managers in the Mice Model sector are interested in publishing up-to-date and projected data about the worldwide Mice Model market.
  • Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Mice Model products' market trends.
  • Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

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