Human Organoids Market Trends

  • Report ID: 3240
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Human Organoids Market Trends

Growth Drivers

  • Rising Prevalence of Infectious Disease – Human organoids offer a chance to enhance human health in connection to infectious illnesses.  Annual influenza A and B epidemics in the US from 2010 to 2020 caused 9–45 million infections, 140,000–810,000 hospitalizations, and 12,000–61,000 fatalities per year. Moreover, SARS-CoV-2 caused more than 22.3 million reported infections and more than 373,000 fatalities from COVID-19 in the US between January 21, 2020, and January 11, 2021.

  • Higher Procedure of Organ Transplantation – Human organoids are helpful in drug testing of transplantation therapy. Compared to the number of available organs, a lot more people need transplants. While 95% of American adults support organ donation, just 54% are actually registered donors.

  • Higher Use of Human Genes for Experiment – Human organoids can study human genes for treating major disease, such as cancer, genetic disorders, and others. More than 300 million samples of human tissue are thought to exist in various collections around the globe.

  • Increasing Clinical Trials for Regenerative Medicines – Preclinical drug testing of regenerative medicines uses human organoids in biomedical research. There are now more than 1,500 clinical trials including regenerative medicine. Clinical trials for regenerative medicine grew overall between 2005 and 2018, with the highest percentage that is around 10% of studies occurring in 2020.

  • Rising Investment in Organoids Development - Investment in organoids study is likely to drive market growth.  Prior to Phase 2a studies, LyGenesis, Inc. has raised USD 4 million, which works as a stepping stone to a larger investment round in 2020.

Challenges

  • Inadequate infrastructure for 3D cell culture- The availability of the necessary equipment to use advanced techniques is one of the prerequisites for conducting 3D cell culture-based research. Moreover, deploying the equipment and infrastructure of 3D cell culture is demands huge capital and time.
  • Difficulty in incorporating human organoids in previous workflows -
  • Low adoption of existing drug discovery

Human Organoids Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~18%

Base Year Market Size (2022)

~ USD 2 Billion

Forecast Year Market Size (2035)

~ USD 3 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Base Year

2024

Forecast Year

2025-2037

CAGR

18.2%

Base Year Market Size (2024)

USD 2.83 billion

Forecast Year Market Size (2037)

USD 24.88 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Author Credits:  Radhika Pawar


  • Report ID: 3240
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of human organoids is evaluated at USD 3.24 billion.

The human organoids market size was valued at USD 2.83 billion in 2024 and is expected to reach USD 24.88 billion by 2037, expanding at around 18.2% CAGR during the forecast period i.e., between 2025-2037. The rising incidence of infectious diseases and the growing investment in the advancement of technologies will drive the market growth.

North America industry is poised to account for largest revenue share of 41% by 2037, attributed to high technological advancement in the field of transplantation, accompanied by presence of well-established distribution channels for the supply of human organoid products in the region.

The major players in the market include BioVT LLC, Thermo Fisher Scientific Inc., Corning Incorporated, Emulate Bio, Organovo Holdings Inc., Zen-Bio Inc, Hurel Corporation, Cellink AB, Biopredic International
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