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Organoids and Spheroids Market Size

  • Report ID: GMI9142
  • Published Date: Apr 2024
  • Report Format: PDF

Organoids and Spheroids Market Size

Organoids And Spheroids Market was valued at USD 1.1 billion in 2023 growing at a CAGR of 19.1% between 2024 and 2032, driven by factors such as the increase in demand for personalized medicines, a rise in investments toward R&D activities, and a shift in preference toward organoid 3D cell cultures for cancer research.

 

Moreover, the surge in technological advancement in 3D spheroids technologies is expected to boost the market growth. For instance, in July 2023, Molecular Devices, LLC., a leading high-performance life science solutions provider, continues industrializing biology with its organoid line expansion services to support next-generation drug discovery. The offering leverages proprietary bioreactor and bioprocess technology to scale up the production of standardized, assay-ready organoids originating from customer-supplied organoid lines or patient-derived xenografts (PDX).
 

Organoids are complex, self-organizing structures derived from stem cells or tissue-specific progenitor cells. Organoids can be generated from various cells and including pluripotent stem cells or adult tissue-specific stem cells and can recapitulate the cellular diversity and spatial organization found in native tissues. Spheroids are simple aggregates of cells that form rounded, 3D structures in culture. Unlike organoids, which aim to replicate the structural and functional complexity of specific tissues or organs, spheroids are often composed of one or more cell types and lack the tissue-specific organization seen in organoids.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Organoids and spheroids market size was USD 1.1 billion in 2023 and is expected to register 19.1% CAGR from 2024-2032 owing to the increase in demand for personalized medicines, and a rise in investments toward R&D activities worldwide.

The organoids segment reached USD 796.9 million in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to rising adoption of organoids in various applications such as disease modeling, pathogenesis, drug screening, etc.

The North America organoids and spheroids industry held 42.7% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to rising technological advancements and research and development in the region.

STEMCELL Technologies Inc., Corning Incorporated, Merck KGaA, Greiner Bio-One, InSphero Inc., Promega Corporation, Thermo Fisher Scientific Inc., Lonza Group Ltd., Prellis Biologics, and AMSBIO LLC, are some of the major organoids and spheroids companies worldwide.

Organoids and Spheroids Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 296
  • Countries covered: 22
  • Pages: 180
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