Healthcare / Organoid Technology Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: QGel SA, Organoid Technologies GmbH, Trevigen Inc, STEMCELL Technologies
Organoid Technology Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: QGel SA, Organoid Technologies GmbH, Trevigen Inc, STEMCELL Technologies
The Organoid Technology market is estimated to grow at a CAGR of 22.5% over the forecast period, from USD 675.47 million in 2021 to USD 3,500.20 million by 2027.
Organoid Technology Market Overview
Organoids have become increasingly popular in a variety of applications over the last decade, including disease modelling, pathogenesis, drug screening, and regenerative medicine, and this trend is expected to continue during the forecast period. Organoid technologies have advanced significantly in recent years, and they continue to pave the path for the development of in vitro physiologic systems that accurately simulate the origin tissues in comparison to traditional methodologies. During the assessment period, the rising focus on research and development activities is likely to play a crucial role in the growth of the worldwide organoids market.
The steady advancement of organoid technology has paved the path for 'tumoroids' and patient-centric 3D cultures of cells obtained from tumor biopsies. Tumoroid lines have been developed from a variety of cancer types, including liver, breast, prostate, brain, bladder, and others, as well as metastasis and original tumors, throughout the last few decades. In the current context, tumoroid lines are progressively being passed in vitro as a result of continual developments, opening up new pathways for a variety of downstream applications. Furthermore, 3D-based cultures provide a number of advantages over traditional 2D cancer cell lines. Furthermore, research and development operations have shown that tumoroid culture is quite effective at collecting numerous cancer subtypes from a large number of patients. As organoids can be easily derived and expanded from single cancer cells, the adoption of organoids to mimic intratumor diversification in culture is on the rise– a factor that is projected to propel the global organoids market during the assessment period.
Industry News and Updates
October 04, 2019:Corning Expands 3D Cell Culture Portfolio with Two New Product Offerings--
Corning Incorporated (NYSE: GLW) today announced two additions to its 3D cell culture portfolio that provide new solutions to support spheroid and organoid culture models. Elplasia, a 3D cell culture microplate, features a microcavity technology that enables high volume spheroid formation, culture, and analysis. A new Matrigel® matrix for organoid culture is optimized to support organoid growth and differentiation.
What are the major Applications, Types and Regions for Organoid Technology Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Cerebral Organoid
Thyroid Organoid
Thymic Organoid
Testicular Organoid
Hepatic Organoid
Others
By Application, it is segmented into
Cancer Research
Biomedical Research
Regenerative Medicine
Personalized Medicine
Organoid Technology Market Regional Analysis
North America dominated the worldwide organoids market in 2019. The rise in people suffering from various diseases, increased investment in research and development, commercialization of organoid models, and stem cell research can all be attributed to this.
The market in Europe is likely to grow at a rapid pace during the forecast period. Over the next few years, the organoids market in the area is expected to be driven by the development of cerebral organoids for neurological ailments, as well as an increase in the prevalence of infectious and other diseases. During the forecast period, investments in cancer, liver illnesses, gastrointestinal diseases for organ regeneration, and stem cell research are expected to boost the organoids market in Europe.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Organoid Technology Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Organoid Technology Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Organoid Technology Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 22.5% over the forecast period (2022-2027)
What are the major end-use applications of Organoid Technology Market?
Cancer Research, Biomedical Research, Regenerative Medicine, Personalized Medicine
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
