Global Knock Out Mouse Model Market to reach USD XX billion by 2027. Global Knock Out Mouse Model Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy CAGR of 5.2% over the forecast period 2021-2027.
Key driving factor of Knockout mouse model market is the growth in pharmaceutical industry in past few years. The mice models are used in many pharma studies such as oncology, immunology, cardiovascular, and diabetic studies. With onset of pandemic, the growth of pharma received a major boost, as the need for drug research was high. According to FDA, 53 new Novel drugs were approved in 2020, and 36 have been approved this year, by the end of August 2021. The research of these drugs requires an animal trial phase which is driving the demand for Knockout mouse market.
The knockout mouse model is also driven by rising chronic diseases such as obesity, cancer, diabetes, cardiovascular diseases, and autism. As per WHO's Non-communicable Diseases Factsheet - 2021, chronic diseases account for the cause of 71% of all the deaths in the world.
However, the ethical questions surrounding the use of mice as test subjects and the alternatives to animal testing can impede the growth of the market over the forecast period of 2021-2027. Nevertheless, rising advancements in gene editing technology will likely increase the market growth during the forecast period.
Regional analysis, considering regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World, presents North America as the leading region across the world in terms of market share owing to the presence of a well-established healthcare system and presence of key market players. At the same time, North America is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as favorable regulatory environment, government incentives and increasing investments into gene editing research would create lucrative growth prospects for the Knock Out Mouse Model Market across North America region.

Major market player included in this report are:
Charles River Laboratories International Inc.
Cyagen Biosciences.
Envigo
genOway
Ozgene Pty Ltd.
Taconic Biosciences, Inc.
The Jackson Laboratory
Trans Genic Inc.
Crown Bioscience
Janvier Labs

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Constitutive Knockout Mouse
Conditional Knockout Mouse
Protein Function Knockout Mouse
By End User:
Clinical Research Organizations
Pharma & Biotechnology companies
Others
By Application:
Oncology
Neurology
Cardiovascular
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Knock Out Mouse Model Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors