Organoids Market to hit US$ 4,039 million by 2030, Says Growth Plus Reports


Pune, Dec. 07, 2022 (GLOBE NEWSWIRE) -- As per the report published by Growth Plus Reports the Global Organoids Market was estimated at US$ 691.32 million in 2021 and is expected to surpass a valuation of US$ 4,039 million by 2030, progressing at a CAGR of 21.67 % from 2022 to 2030. The report provides a detailed analysis of top winning strategies, drivers & opportunities, competitive scenario, wavering market trends, market size, statistics & estimations, and major investment pockets. Organoids emerge as a promising option for treatment and boosting the immunity of COVID-19 patients.

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The global organoids market has been analysed from four different perspectives – product, type, application, sources, end user and region

Excerpts from ‘By Product Segmentation’

Based on the products, the market has been segmented into:

  • Hepatic
  • Intestinal
  • Pancreatic
  • Colorectal
  • Neural
  • Other Organoid Segments

Hepatic organoids are the most common subcategory. Due to the rise in obesity, diabetes, and alcohol consumption as well as the increasing number of issues associated with the liver, the market is experiencing a market growth to cure the hepatic damages. A liver transplant is one of the suggested treatments for a patient whose liver has failed owing to any sort of cirrhosis. The market for the hepatic organoid model is surely growing as a result of the rising need for and probability of success of major surgery among so many other systems.

Excerpts from ‘By Application Segmentation’

the global organoids market is divided up into various application areas, such as:

  • Developmental Biology
  • Infectious Disease Pathology
  • Regenerative Medicine
  • Pharmaceutical Hazard And Efficacy Testing
  • Drug Discovery
  • Personalized Medicine
  • Others

Since organoids are recognized as a primary investigative study tool for human developmental biology, this market sector is also expected to dominate until 2030. The organoids market sector for developmental biology retained the majority share in 2021. Organoids produced from embryonic stem cells also offer a comprehensive understanding of how the embryo develops in addition to knowledge on how stem cells develop.

Excerpts from ‘By Region Segmentation’

North America will continue to be one of the most alluring markets even during forecast period. One of the key drivers of the market's expansion is the high healthcare spending in the United States. According to estimates from the CMS Office of the Actuary, total healthcare spending increased by around 4.6 percent in 2019, which was faster than the 4.0 percent GDP-measured growth of the U.S. economy. Additionally, the United States continues to be one of the major markets in the world for biopharmaceuticals, making it an attractive investment for organoids market. Due to a rise in the use of organoid-based assessment models in the pharmaceuticals industry in both the United States and Canada, the U.S. topped the organoids market. On other hand Europe is thought to follow the lead owing to the development of health care sectors. For example, Max Plank Institute of Molecular Cell Biology and Genetics found methods to grow pancreas progenitors in 3D in vitro from a small number of cells or single cells. They have received the German Stem Cell Network 2022 Hilde Mangold Award for her groundbreaking work on organoids derived from both animal models and human tissues, including the stomach, liver, and pancreas.

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Excerpts from ‘Competitive landscape’

A few of the top businesses operating in the organoids market are:

  • Thermo Fisher Scientific Inc.
  • Merck KGaA
  • QIAGEN N.V.
  • GenScript
  • Promega Corporation
  • Takara Bio Inc.
  • MERIDIAN BIOSCIENCE Inc.
  • New England Biolabs
  • Agilent Technologies Inc.
  • Mirus Bio LLC
  • Sino Biological Inc.
  • Hubrecht Organoid Technology

Table of Content

  1. INTRODUCTION
    1. Market Ecosystem
    2. Timeline Under Consideration
      1. Historical Years – 2020
      2. Base Year – 2021
      3. Forecasted Years – 2022 to 2030
    3. Currency Used in the Report
  2. RESEARCH METHODOLOGY 
    1. Research Approach
    2. Data Collection Methodology
    3. Data Sources
      1. Secondary Sources 
      2. Primary Sources 
    4. Market Estimation Approach
      1. Bottom Up
      2. Top Down 
    5. Market Forecasting Model
    6. Limitations and Assumptions
  3. PREMIUM INSIGHTS
    1. Current Market Trends (COVID-19 Perspective)
    2. Key Players & Competitive Positioning (2021) 
  4. MARKET DYNAMICS
    1. Drivers
    2. Restraints/Challenges
    3. Opportunities
  5. GLOBAL ORGANOIDS MARKET - ANALYSIS & FORECAST, BY PRODUCT
    1. Intestinal Organoid
    2. Hepatic Organoid
    3. Pancreatic Organoid
    4. Colorectal Organoid
    5. Neural Organoid
    6. Others
  6. GLOBAL ORGANOIDS MARKET - ANALYSIS & FORECAST, BY APPLICATION
    1. Bio-banking
    2. Biomedical Research and Drug Discovery
    3. Regenerative Medicine 
    4. Cancer Research
    5. Therapeutic Tools
    6. Developmental Biology

VALUE PROPOSITIONS RELATED TO THE REPORT:

  • Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
  • Comprehensive quantitative and qualitative insights at segment and sub-segment level
  • Covid 19 impact trends and perspective
  • Granular insights at global/regional/country level
  • Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
  • Blanket coverage on competitive landscape
  • Winning imperatives
  • Exhaustive coverage on 'Strategic Developments' registered by leading players of the market

CUSTOMIZATION OPTIONS:

  • Distributor Landscape Assessment
  • Pricing Intelligence
  • Customer Base Assessment
  • Investment & Initiatives Analysis
  • 'Business Profile' of Key Players

Directly Purchase Premium Copy of Organoids Market Growth Report (2022-2030) at: https://growthplusreports.com/checkout?_token=YsWKfmy24fQUxUU7f258oAeg8n7PLSPVfctLE38B&report_id=8004&license=Single&submit=

About Us:

Growth Plus Reports is part of GRG Health, a global healthcare knowledge service company. We are proud members of EPhMRA (European Pharmaceutical Marketing Research Association).

Growth Plus portfolio of services draws on our core capabilities of secondary & primary research, market modelling & forecasting, benchmarking, analysis and strategy formulation to help clients create scalable, ground-breaking solutions that prepare them for future growth and success.

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