Mice Model Market Size, Share and Future Trends

Healthcarenews14 May, 2024Business

The global Mice Model Market is projected to reach USD 2.2 billion by 2029, up from an estimated USD 1.5 billion in 2024, with a CAGR of 8.1% during the forecast period. The report identifies the rise in chronic diseases such as cancer, diabetes, and cardiovascular disorders, and the growing need for reliable and predictive animal models to facilitate drug discovery and development as major driving factors of the mice model market. However, the presence of alternative research models and recent guidelines from the U.S. FDA on restricting animal models could hamper market growth.