Lucintel's latest market report analyzed that organoid and spheroid provides attractive opportunities in developmental biology, personalized medicine, regenerative medicine, disease pathology study, and drug toxicity & efficacy testing applications. The organoid and spheroid market is expected to grow at a CAGR of 22%-24%. In this market, a spheroid is the largest segment by type, whereas biotechnology and pharmaceutical industries are largest by end use.
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Based on type, the organoid and spheroid market is segmented into organoids [product type {neural organoids, hepatic organoids, intestinal organoids, and other organoids}, method {general submerged method for organoid culture, crypt organoid culture techniques, ALI method for organoid culture, clonal organoids from Lgr5+ cells, and brain & retina organoid formation protocol}, and source {primary tissues and stem cells}] and spheroids [product type {MCTS, neurospheres, mammospheres, hepatospheres, and embryoid bodies), method {micropatterned plates, low cell attachment plates, hanging drop method, and others}, and source {cell line, primary cell, and iPSCs derived cells}]. The spheroids segment accounted for the largest share of the market in 2020 due to its increasing usage in drug discovery and cancer research.
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The organoid and spheroid market is marked by the presence of several big and small players. Some of the prominent players offering organoid and spheroid include 3D Biomatrix, 3D Biotek, AMS Biotechnology, ATCC, Cellesce, Corning, Greiner Bio-One, Hubrecht Organoid Technology (HUB), PerkinElmer; and Kuraray.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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