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Organoids Market to Incur Rapid Extension During 2019-2029

According to the latest report published by FMI, the global organoids market is expected to reach ~ US$ 134 Mn by the forecast year 2029. The report further projects that the organoids market will grow at a CAGR of ~ 15% during the forecast period 2019-2029.

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Organoids Market to Incur Rapid Extension During 2019-2029

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  1. Organoids Market to Partake Significant Development During 2019-2029 March 2020 Report Id : REP-GB-8106 Published On : September-2019 Category : Healthcare, Pharmaceuticals & Medical Devices www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitiveframework,and future markettrends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing– the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Social Media Research Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  4. Organoids Market Analysis Organoids Market to Partake SignificantDevelopment During 2019-2029 Traditional methods of drug discovery are inadequate and less relevant to the pace of the growing life science research and development. Organoids are, therefore, expected to generate a major revenue share in the market for drug discovery applications in the near future. Increasing failure rate in human preclinical trails is luring academicians and researchers to explore more possible organoid models for toxicology research and potential regenerative mediation research, thereby propelling the demand for organoids. Use of animals for research and testing has led to the creation of numerous initiatives and campaigns regarding the debatable issue. According to Humane Society International, more than 115 million animals are used for research in laboratories worldwide every year. Organoids are anticipated to substitute animals for testing in laboratories. Organoids are proving to be an appropriate alternate for animal testing models. The organoids market is growing with increasing support and initiatives to limit the use of animals for testing through regulatory guidelines. Thus, the rising focus on substituting animal model for research, along with development of commercially available organoids, is likely to boost the growth of the global organoids market. According to the latest report published by FMI, the global organoids market is expected to reach ~ US$ 134 Mn by the forecast year 2029. The report further projects that the organoids market will grow at a CAGR of ~ 15% during the forecast period 2019-2029. Organoids and 3D cell cultures are growing rapidly in popularity, replacing 2D cell culture in traditional methods of research in human developmental biology. With an alarming rise in the prevalence of cancer, the need for novel drugs has grown significantly, and this is expanding the scope of applications for organoids in oncology research. In the past few years, a mounting number of pharma companies have been focusing on introducing personalised oncology drugs, and leading stakeholders are joining the bandwagon by adopting strategies of creating cancer organoids for individual patients, in order to leverage the new avenues of growth in oncology research. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  5. Organoids Market Analysis Organoids Market: Dynamics Over the last few years, organoids have gained significant popularity among the research groups working on advanced 3D cell culture. The primary driver for the organoids market is considered to be the attainment of greater degree of resemblance to the cell specific structure of the specific organ, in vivo environmental conditions. Organoids are used for cell toxicity screening, cell-based assays, and organ specific cell functions. Cell cultures in 2D environment limit or restrict their ability to depict traits exhibited by in vivo systems, because of the morphological and locomotion limitations imposed by the 2D atmosphere. The ability of organoids to meticulously mimic the specific cells of the organs from which they are derived, leads to accurate models of tissues. This factor is considered to be a strong driver for the organoids market growth. Presently, advancements in 3D cell culture technology have developed a potential scope for development of cancer specific organoids with research of potential applications. This factor is expected to play an instrumental role in driving the growth of the organoids market. Europe Takes the Centre Stage in the Organoids Market Lack of skilled professionals engaged in research and developmental activities is expected to hamper the growth of the organoids market. A study presented by Tufts University in Boston, showed that it costs around US$ 2.6 million to develop a new drug and a standard prescription for the commercial market approval, due to high failure rates in human drug testing. Organoids offer viable model for the human disease models specific to organ tissue for drug screening in preclinical trials. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  6. Organoids Market Analysis Europe organoids markets are expected to witness significant growth, in the view of increasing research activities in organoids field and growing number of sponsor for the study in these regions, as well as growing trend in academic research to work with organoid models, to explore more viable applications. Additionally, increasing bio-banking activity in the region is anticipated to propel the organoid market growth. Furthermore, rising research and development in 3D cell culture technology, prominent presence of manufacturers, and initiatives for replacing animal models in research studies with organoids are some of the factors propelling the growth of the organoid market. The Europe organoids market is estimated to create an estimated incremental $ opportunity worth approximately US$ 38 Mn between 2019 and 2029. Organoids Market: Segmental Analysis The global organoids market has been segmented by product type, application, end user, and region. Furthermore, the organoids market has been segmented by product type into Intestinal Organoid, Hepatic Organoid, Pancreatic Organoid, Colorectal Organoid, Neural Organoid and Others, which are used for the developing full organoid models for research. The application segment of the organoids market is segmented into Bio-banking, Biomedical Research and Drug Discovery, Regenerative Medicine, Cancer Research, Therapeutic Tools and Others. Bio-banking segment is expected to hold a large share during the forecast period. As per end user, the organoids market is segmented into Biopharmaceutical Companies, Contract Research Organizations and Academics and Research Institutes. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  7. Organoids Market Analysis Organoids Market: Companies The report tracks some of the key companies operating in the Organoids market, such as Hubrecht Organoid Technology (HUB), STEMCELL Technologies Inc., Cellesce Ltd., DefiniGEN, Qgel and OcellO B.V. Source:http://www.globenewswire.com/news-release/2019/09/11/1914110/0/en/Organoids-Market-is- projected-to-grow-at-a-Significant-CAGR-of-15-during-2019-to-2029-Future-Market-Insights.html More from FMI’s Healthcare, Pharmaceuticals and Medical devices Market Intelligence: • Narcolepsy Treatment Market • Respiratory Devices Market About Us Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  8. Organoids Market Analysis Contact Us Mr. Abhishek Budholiya 616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): + 44 (0) 20 7692 8790 Sales: sales@futuremarketinsights.com Press Office: Press@futuremarketinsights.com Future Market Insights Click here to Order a free sample www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

  9. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

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