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Organoids And Spheroids Market Size, Share, Analysis 2024-2033
Organoids And Spheroids Market Size
As per the report, the organoids and spheroids market size has grown exponentially in recent years. It will grow from $0.93 billion in 2023 to $1.16 billion in 2024 at a compound annual growth rate (CAGR) of 24.4%. The organoids and spheroids market size is expected to see exponential growth in the next few years. It will grow to $2.78 billion in 2028 at a compound annual growth rate (CAGR) of 24.5%.
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What Is Driving The Growth Of The Global Organoids And Spheroids Market?
Impact Of Cell Therapy And Tissue Engineering On The Organoids And Spheroids Market
The increase in demand for cell therapy and tissue engineering is expected to propel the growth of the organoids and spheroids market going forward. Cell therapy and tissue engineering involve using living cells or engineered tissues to replace, repair, or regenerate damaged tissues and organs in the body. The demand for cell therapy and tissue engineering is rising due to their potential to regenerate damaged tissues and treat previously incurable conditions, offering innovative solutions in regenerative medicine. Organoids and spheroids are utilized in cell therapy and tissue engineering for modeling complex tissues and testing therapeutic approaches in vitro.
What Is The Key Trend In The Global Organoids And Spheroids Market?
Innovative Solutions In The Organoids And Spheroids Market Enhancing Drug Discovery And Disease Modeling
Major companies operating in the organoids and spheroids market are focused on developing advanced solutions, such as 3D primary human hepatocyte (PHH) liver spheroids, to enhance drug discovery and disease modeling. 3D primary human hepatocyte (PHH) liver spheroids refer to clusters of liver cells cultured in three dimensions to more accurately replicate liver function for research and drug testing.
How Is The Global Organoids And Spheroids Market Segmented?
The organoids and spheroids market covered in this report is segmented -
1) By Type: Organoids, Spheroids
2) By Method: Extracellular Matrix Scaffold Method, Spinning Bioreactor Method, Hanging Drop Method, Low Adherent Culture Plate Method, Magnetic levitation Method, Other Methods
3) By Application: Developmental Biology, Personalized Medicine, Regenerative Medicine, Disease Pathology Studies, Drug Toxicity And Efficacy Testing
4) By End User: Biotechnology And Pharmaceutical Industry, Academic And Research Institutes, Hospitals And Diagnostic Centers
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How Is The Competitive Landscape Of The Global Organoids And Spheroids Market?
Major companies operating in the organoids and spheroids market are Thermo Fisher Scientific Inc., Merck KGaA, Corning Incorporated, Lonza Group AG, StemCell Technologies Canada Inc., Greiner Bio-One International AG, Promega Corporation, Molecular Devices LLC, American Type Culture Collection (ATCC), Mimetas B.V., InSphero AG, HUB Organoids, Emulate Inc., 3D Biomatrix Inc., Prellis Biologics Inc., 3D Biotek LLC, DefiniGEN Limited, Visikol Inc., Organovo Holdings Inc., Cellesce Ltd., AMS Biotechnology (Europe) Limited
Contents Of The Global Organoids And Spheroids Market
1. Executive Summary
2. Organoids And Spheroids Market Report Structure
3. Organoids And Spheroids Market Trends And Strategies
4. Organoids And Spheroids Market - Macro Economic Scenario
5. Organoids And Spheroids Market Size And Growth
…..
27. Organoids And Spheroids Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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