Press release
Human Liver Models Market to Reach US$ 2.56 Billion Growing at CAGR 13.6% to 2022
ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global Human Liver Models Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.Get Free Sample Copy of “Human Liver Models Market” at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1477148 .
The Global Human Liver Models Market is expected to reach US$ 2.56 Billion by 2022 from US$ 1.35 Billion in 2017, at a CAGR of 13.6%. Growing focus on developing alternatives for animal testing models, significant increase in research funding and venture capital investments for the development of liver models, growing initiatives to increase awareness about liver organoids, increasing research activities on liver organoids, increasing prevalence of non-alcoholic fatty liver disease, and growing need for the early detection of drug toxicity to minimize financial losses due to late-stage drug failure are expected to drive the growth of the human liver models market.
Top Key Players in the “Human Liver Models Market” include are
• Emulate (US)
• Ascendance Bio (US)
• HμREL (US)
• CN Bio (UK)
• Organovo (US)
• Cyfuse Biomedical (Japan)
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The Human Liver Models Market is segmented into liver organoids, liver-on-a-chip, 2D models, animal models, and 3D bioprinting. The liver-on-a-chip segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to the simplicity of this model and the ability of on-chip hepatic tissues to maintain metabolic activity and phenotype similar to that of the in vivo environment.
North America is expected to witness the highest growth during 2017 to 2022, owing to well-established pharmaceutical and biotechnology industry and increasing government spending. Furthermore, growing initiatives to increase awareness about organoids and growing incidence of NAFLD is expected to boost the market.
The Study Objectives of this report are:
• To provide detailed information about the major factors influencing market growth (drivers, restraints, challenges, and opportunities)
• To define, measure, and describe the global human liver model market by type and region
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
• To forecast the size of market segments in North America, Europe, Asia Pacific, and Rest of the World
Research Coverage:
The report analyzes the human liver models industry and aims at estimating the market size and future growth potential of this market based on various segments such as type and region. It provides detailed information regarding the major factors influencing the growth of this market and the regulatory analysis impacting market dynamics.
Access Complete report on Human Liver Models Market spread across 37 Pages, profiling 06 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=1477148 .
Target Audience for Human Liver Models Market:
• Chemical companies
• Pharmaceutical and biotechnology companies
• Cosmetic product manufacturers, suppliers, and distributors
• Healthcare providers and diagnostic laboratories
• Manufacturers of 3D cell culture products
• Food & beverage manufacturers
• Contract research organizations (CROs)
• Research institutes/universities
• Venture capitalists
• Research and consulting firms
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