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    Laboratory Mouse Housing Cage Market Report

    Laboratory Mouse Housing Cage Market Report
    Report code - SRCG325 Delivery - 2 Weeks
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    Global Laboratory Mouse Housing Cage Market, Dynamics, and Market Analysis
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    Impact of COVID-19 on Laboratory Mouse Housing Cage Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Laboratory Mouse Housing Cage Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Global Laboratory Mouse Housing Cage Market is projected to grow from USD xx million in 2020 to USD xx million by 2026 at a CAGR of over xx% during the forecast period.

    Figure: Global Laboratory Mouse Housing Cage Market Size, 2020-2026 (USD Million)

    Laboratory-Mouse-Housing-Cage-Market-Forecast

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    What is a laboratory mouse housing cage?

    A laboratory mouse is a small mammal primarily of the order of Rodentia which is bred and used for scientific research. These mice are typically housed in simple cages made of plastic or metals consisting of open space. The laboratory mouse housing cage is a cage, which can also be used to carry the mammal in the laboratory.

    Key Players

    Key players operating in the global laboratory mouse housing cage market are-

    • Tecniplast (Italy),
    • Allentown (The U.S),
    • FENGSHI Group (China),
    • Lab Products (The U.S),
    • Thoren Caging Systems (The U.S),
    • Alternative Design (The U.S),
    • SSCI (The U.S),
    • SHINVA (China),
    • NKP (UK), and
    • INNOVIVE (The U.S).

    Market Dynamics

    Strong healthcare expenditure and rising grants and funds for R&D activities for vaccine production and clinical trials in mice and rats further bolster the market growth.

    • Growing research and development of various drugs and product innovation to find new drugs with lesser side effects and high efficiency drives the need for laboratory mice for testing, thus augments the product demand.
    • Moreover, the outbreak of zoonotic and various other flu results in the demand for highly effective drugs, further spurring the industry expansion.

    Segment Analysis

    Application Trends

    By application, the laboratory mouse housing cage market has been categorized into mice and rats.

    • Under these, the mice segment held the highest market share in 2020 and is projected to grow at a healthy CAGR during the forecast timeline.
    • Mice are bred to suit their anatomy for clinical trials.
    • They are the most preferred species for biomedical research owing to their physiological, anatomical, and genetic similarity to humans, thus propels the segment growth.

    Regional Trends

    By region, the North America market held the largest market share in 2020 and is estimated to register a steady CAGR during the review period.

    • This is mainly ascribed to availability of government funding for carrying out R&D activities in biomedical sector in the region.
    • Further, growing healthcare expenditure and rising government initiatives to boost R&D activities for the production of novel vaccines as well as increasing grants from private as well as public companies, further boosts the regional growth.

    COVID-19 Impact on Global Laboratory Mouse Housing Cage Market

    The ongoing COVID-19 virus has positively impacted the laboratory mouse housing cage industry. The ongoing coronavirus pandemic has adversely altered the healthcare landscape. The rising concern for the cure and treatment of this novel coronavirus and to prevent the spread of this virus has resulted in immense pressure on governments across the globe. This pressure has encouraged high expenditure and funding on the production of a vaccine for the prevention of COVID-19 thus requires many laboratory mice and rats for the testing and trials, thereby driving the demand for laboratory mouse housing cage market growth.

    Critical Questions Answered in the Report

    • What are the key trends in the global laboratory mouse housing cage market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
    • What is the impact of COVID-19 on the global laboratory mouse housing cage market?
    • What are the key strategies adopted by the major vendors to lead in the global laboratory mouse housing cage market?
    • What is the market share of the top vendors?

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    Target Audience

    The following is a list of the customers that the Laboratory Mouse housing cage market aims to convert the most:

    • Laboratory mouse housing cage companies
    • Laboratory animal providers
    • R&D centres
    • Virology centres
    • Hospitals

    Custom Reseach: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Tecniplast (Italy), Allentown (The U.S), FENGSHI Group (China), Lab Products (The U.S), Thoren Caging Systems (The U.S), Alternative Design (The U.S), SSCI (The U.S), SHINVA (China), NKP (UK) and INNOVIVE (The U.S) are among the key players in the laboratory mouse housing cage market.

    North America held the largest share in the laboratory mouse housing cage market in 2020.

    The mice segment held the largest share in the laboratory mouse housing cage market in 2020.

    Strong healthcare expenditure and rising grants and funds for R&D activities for vaccine production and clinical trials in mice and rats, growing research and development of various drugs and product innovation to find new drugs with lesser side effects and high efficiency are the factors driving the growth of laboratory mouse housing cage market.

    Laboratory mouse housing cage companies, Laboratory animal providers, R&D centres, Virology centres, Hospitals are the target audience in the laboratory mouse housing cage market.

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