Enjoy complimentary customisation on priority with our Enterprise License!
The human organoids market size is forecast to increase by USD 1.18 billion at a CAGR of 16.81% between 2023 and 2028.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Pharmaceutical and biotech firms in the United States are advancing organoid technology as an alternative for preclinical drug testing. This innovation is particularly significant for personalized medicine, enabling customized disease treatment, such as oncological research, as organoids closely resemble each patient's unique genetic makeup. Several market players manufacture various human organoids, including intestinal, lung, kidney, and brain organoids. For example, DefiniGEN Ltd. (DefiniGEN) specializes in intestinal organoids, offering a unique in vitro system for modeling the human intestine. These organoids facilitate drug absorption, metabolism, transporter induction, and the study of infectious diseases. Academic institutions and biopharma companies collaborate in funding and distributing these organoids through various channels.
Get a glance at the market report of share of various segments Request Free Sample
The pharmaceutical and biotechnology companies segment was valued at USD 300.10 million in 2018 and showed a gradual increase during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share of various regions Request Free Sample
In the market, the largest market share was held by a specific region in 2023. Several factors contribute to this region's dominance, including the presence of numerous multinational healthcare companies and pharmaceutical firms, a high volume of industrial research and development activities, and substantial investments in medical research. The region's economy, both at the state and local levels, benefits significantly from these industries. Neurological disorders have become a major focus for researchers in the field of human organoids due to their increasing prevalence. According to the National Library of Medicine, approximately 30 million Americans are diagnosed with neurological and psychiatric disorders each year. These disorders include neurodegenerative diseases, such as Alzheimer's disease and Parkinson's disease, and psychiatric disorders, including autism spectrum disorder, depression, and schizophrenia. The development of cerebral organoids is a significant step forward in understanding and treating these conditions.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The advantages of human organoids over traditional methods is the key driver of the market.
The increasing focus of vendors on new product launches is the upcoming trend in the market.
Constraints in human organoid models is a key challenge affecting market growth.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market is witnessing significant growth due to the increasing demand for advanced disease modeling and drug screening tools. These three-dimensional cell cultures, which mimic the structure and function of human organs, are revolutionizing research in various fields such as oncology, neurology, and allergy. Cancer models derived from organoids are providing valuable insights into tumor biology, enabling the development of personalized medicines and clinical trials. Pathogenesis of diseases like cerebral organoids for neurological disorders and intestinal organoids for gastrointestinal diseases can be studied in detail using these advanced tissue models. Biopharma companies and academic institutions are investing heavily in this area to expand their product scope and stay competitive.
Furthermore, research advancements in organoid technology are leading to the creation of organ-specific cells, cell toxicity monitoring, and cell-based assays. These tools are essential for understanding cellular mechanisms and testing the efficacy of drugs, especially in cases of complex diseases like cancer and infectious diseases. Funding from organizations like the National Institutes of Health (NIH) and the Department of Health and Human Services (DHHS) is driving research grants and collaborations between industrial, state, and local economies. Strategic collaborations between multinational healthcare firms and research institutes are further accelerating the growth of the market. Technologically advanced tools like NGD, CSIs, and DNA modifications are being integrated into organoid development frameworks to improve the accuracy and efficiency of organoid production. The therapeutic applications of organoids in drug discovery and toxicology are expected to fuel the market's growth in the coming years.
Market Scope |
|
Report Coverage |
Details |
Page number |
147 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 16.81% |
Market Growth 2024-2028 |
USD 1.18 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
14.62 |
Key countries |
US, Germany, UK, Canada, and China |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.