Lab Mice Market Size Share Growth Trends and Regional Forecast to 2032: Lab Mice Market Analysis and Biomedical Research Applications
Lab Mice Market Overview The lab mice market plays a crucial role in biomedical research, pharmaceutical development, and genetic studies. Laboratory mice are widely used due to their genetic similarities to humans, rapid reproduction cycles, and well-established models for studying various diseases, including cancer, diabetes, and neurological disorders. With the growing demand for preclinical trials and drug testing, the market for lab mice continues to expand. Technological advancements in genetic engineering, such as CRISPR-based gene editing, have further propelled market growth by enabling the development of genetically modified mice for specific research applications. The increasing focus on precision medicine and personalized therapies has also heightened the demand for specialized mouse models that mimic human disease conditions. Market Size and Share The global lab mice market was valued at approximately USD 1.5 billion in 2023 and is projected to reach USD 2.4 billi...