Summary

The value of the human organoids market will increase from an estimated USD 1.19 billion in 2024 to USD 2.33 billion in 2029, at a CAGR of 14.4% through the forecast period.
Advancement in funding for research in human organoids directly promotes the growth of the market for organoids with significant improvement in research capabilities and increases the scope of applications. Financial support brings scientists to explore organoids in various fields, such as cancer, neurodegenerative diseases, and drug development, which attracts pharmaceutical and biotech companies. A more commercialized version of the organoid technologies along with a clear regulatory framework will even further ease access to the market. This, in turn, is fuelling the growth of the global human organoids market. Although the growing interest in human organoids provides a major market potential, there is a dearth of skilled labor. With such increasing demand in innovative organoid technology, the shortage of qualified personnel who are able to develop and use such complex models has become a challenge to the continued research and commercialization effort.
“Developmental biology segment is expected to have the fastest growth rate in the human organoids market, by application, during the forecast period.”
The human organoids market is segmented into developmental biology, drug toxicity & efficacy testing, disease pathology, personalized medicine, regenerative medicine, and other applications, based on application. Human organoids represent an essentially much more ethically compliant and efficient alternative to studying human-specific developmental biology and the processes leading to disease. It is therefore increasingly being applied, especially in academic and research centers specializing in developmental biology.
“Pharmaceutical & biotechnology companies segment accounted for the highest growth rate in the human organoids market, by end user, during the forecast period.”
Based on end user, the human organoids market is bifurcated into into pharmaceutical & biotechnology companies, contract research organizations, academic & research institutes, and other end users. The pharmaceutical and biotechnology companies segment is expected to grow at the highest CAGR in the market of human organoids mainly due to their intense research and development activities, where they use organoids in drug discovery, disease modeling, and personalized medicine. These companies employ organoids in developing new drugs and testing them for the efficacy and toxicity of the drug, besides gaining insights into the complexities of a diseaseat a cellular level.
“Asia Pacific: The fastest-growing region in human organoids market.”
The worldwide market for human organoids is categorized into North America, Europe, Asia Pacific, Latin America, the Middle East & Africa, and GCC Countries. Notably, the Asia-Pacific region marks the highest CAGR in the human organoids market, due to increasing investments into healthcare infrastructure and research that advance the capabilities of medical facilities. In addition to this, the number of rapidly aging patients strongly demands effective treatments for diseases related to age. Consequently, human organoids act as great models for the study of such conditions. The growing medical tourism activities in the APAC region also happen to be of great influence for the market, given the rapid increase of patients seeking advanced treatments and high-class healthcare services. These factors, collectively, have put the APAC region on a growth trajectory for human organoids markets.
The break-up of the profile of primary participants in the human organoids market:
• By Company Type: Tier 1 - 40%, Tier 2 - 30%, and Tier 3 – 30%
• By Designation: C-level - 27%, D-level - 18%, and Others - 55%
• By Region: North America - 51%, Europe - 21%, Asia Pacific - 18%, Latin America – 6%, and Middle East & Africa- 4%
The key players in this market are Thermo Fisher Scientific Inc. (US), Corning Incorporated (US), Merck KGaA (Germany), BioIVT (US), HUB Organoids BV (Netherlands), BICO (Sweden), BeCytes Biotechnologies SL (Spain), InSphero (Switzerland), GBA Group (Germany), Kirkstall Ltd. (UK), MIMETAS BV (Netherlands), Neuromics (US), PRIMACYT Cell Culture Technology GmbH (Germany), STEMCELL Technologies (Canada), ACROBiosystems (China), Biopredic International (France), CN Bio Innovations Ltd. (UK), CYPRIO (France), Emulate, Inc. (US), Kerafast, Inc. (US), Pandorum Technologies Pvt. Ltd (India), CYFUSE BIOMEDICAL K.K. (Japan), NeyroblastGX LLC (US), 3Dnamics Inc. (US), and DefiniGEN Limited (UK).
Research Coverage:
This research report categorizes the human organoids market by product (Liver models, kidney models, pancreatic models, colorectal models, heart models, lung models, other products), by source (adult stem cells, induced pluripotent stem cells, embryonic stem cells, other sources), by type (ready-to-use products, customizable products), by culture method (air-liquid interface culture, suspension culture, matrigel matrix culture, 3d bioprinting culture, and other culture methods), by disease area (oncology, liver diseases, gastrointestinal diseases, cardiovascular diseases, infectious diseases, neurological disorders, and other disease areas), by apllication (developmental biology, drug toxicity & efficacy testing, disease pathology, personalized medicine, regenerative medicine, and other applications), by end user (pharmaceutical & biotechnology companies, contract research organizations, academic & research institutes, and other end users), and region (North America, Europe, Asia Pacific, Latin America, the Middle East & Africa, and GCC countries). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the human organoids market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, key strategies, acquisitions, and agreements. New product & service launches, and recent developments associated with the human organoids market. Competitive analysis of upcoming startups in the human organoids market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall human organoids market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
• Analysis of key drivers (Growing focus on developing alternatives to animal testing, rising R&D funding and venture capital investments, increasing research on organoids, increasing prevalence of non-alcoholic fatty liver disease , and need for early detection of drug toxicity to minimize financial losses caused by late-stage drug failure), opportunities (Increasing focus on drug discovery activities, rising demand for organ transplantation, and growth opportunities in emerging economies), restraints (Issues related to incorporating organoids into existing workflows), and challenges (Dearth of skilled professionals) influencing the growth of the human organoids market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the human organoids market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the human organoids market across varied regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the human organoids market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings of leading players like Thermo Fisher Scientific Inc. (US), Corning Incorporated (US), Merck KGaA (Germany), BioIVT (US), and HUB Organoids BV (Netherlands).

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Table of Contents

1 INTRODUCTION 38
1.1 STUDY OBJECTIVES 38
1.2 MARKET DEFINITION 38
1.3 STUDY SCOPE 39
1.3.1 MARKETS COVERED & REGIONAL SCOPE 39
1.3.2 INCLUSIONS & EXCLUSIONS 40
1.3.3 YEARS CONSIDERED 41
1.3.4 CURRENCY CONSIDERED 41
1.4 STAKEHOLDERS 41
1.5 SUMMARY OF CHANGES 42
2 RESEARCH METHODOLOGY 43
2.1 RESEARCH DATA 43
2.2 RESEARCH APPROACH 43
2.2.1 SECONDARY DATA 44
2.2.1.1 Key data from secondary sources 44
2.2.2 PRIMARY DATA 45
2.2.2.1 Primary sources 46
2.2.2.2 Key data from primary sources 46
2.2.2.3 Key industry insights 48
2.2.2.4 Breakdown of primary interviews 48
2.3 MARKET SIZE ESTIMATION 49
2.3.1 BOTTOM-UP APPROACH 49
2.3.1.1 Approach 1: Company revenue estimation approach 50
2.3.1.2 Approach 2: Presentations of companies and primary interviews 50
2.3.1.3 Growth forecasts 50
2.3.1.4 CAGR projections 51
2.3.2 TOP-DOWN APPROACH 51
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 52
2.5 MARKET SHARE 53
2.6 ASSUMPTIONS & LIMITATIONS 54
2.6.1 STUDY ASSUMPTIONS 54
2.6.2 GROWTH RATE ASSUMPTIONS 54
2.6.3 LIMITATIONS 55
2.7 RISK ASSESSMENT 55
2.7.1 RISK ASSESSMENT: HUMAN ORGANOIDS MARKET 55
3 EXECUTIVE SUMMARY 56
4 PREMIUM INSIGHTS 63
4.1 HUMAN ORGANOIDS MARKET OVERVIEW 63
4.2 HUMAN ORGANOIDS MARKET, BY PRODUCT, 2024 VS. 2029 63
4.3 HUMAN ORGANOIDS MARKET, BY SOURCE, 2024 VS. 2029 64
4.4 HUMAN ORGANOIDS MARKET, BY TYPE, 2024 VS. 2029 64
4.5 HUMAN ORGANOIDS MARKET, BY APPLICATION, 2024 VS. 2029 65
4.6 HUMAN ORGANOIDS MARKET, BY END USER, 2024 VS. 2029 65
4.7 HUMAN ORGANOIDS MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 66
5 MARKET OVERVIEW 67
5.1 INTRODUCTION 67
5.2 MARKET DYNAMICS 67
5.2.1 DRIVERS 68
5.2.1.1 Growing focus on developing alternatives to animal testing 68
5.2.1.2 Rising R&D funding and venture capital investments 69
5.2.1.3 Increasing research on organoids 70
5.2.1.4 Increasing prevalence of non-alcoholic fatty liver disease 70
5.2.1.5 Need for early detection of drug toxicity to minimize financial losses caused by late-stage drug failure 71
5.2.2 RESTRAINTS 72
5.2.2.1 Issues related to incorporating organoids into existing workflows 72
5.2.3 OPPORTUNITIES 72
5.2.3.1 Increasing focus on drug discovery activities 72
5.2.3.2 Rising demand for organ transplantation 74
5.2.3.3 Growth opportunities in emerging economies 75
5.2.4 CHALLENGES 75
5.2.4.1 Dearth of skilled professionals 75
5.3 PRICING ANALYSIS 76
5.3.1 AVERAGE SELLING PRICE, BY PRODUCT 76
5.3.2 AVERAGE SELLING PRICE, BY REGION 77
5.4 PATENT ANALYSIS 78
5.4.1 LIST OF MAJOR PATENTS 79
5.5 VALUE CHAIN ANALYSIS 80
5.6 SUPPLY CHAIN ANALYSIS 82
5.7 TRADE ANALYSIS 83
5.7.1 IMPORT DATA (HS CODE 3002) 83
5.7.2 EXPORT DATA (HS CODE 3002) 84
5.8 ECOSYSTEM ANALYSIS 84
5.8.1 ROLE IN ECOSYSTEM 85
5.9 PORTER’S FIVE FORCES ANALYSIS 86
5.9.1 THREAT OF NEW ENTRANTS 87
5.9.2 THREAT OF SUBSTITUTES 87
5.9.3 BARGAINING POWER OF BUYERS 87
5.9.4 BARGAINING POWER OF SUPPLIERS 88
5.9.5 INTENSITY OF COMPETITIVE RIVALRY 88
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA 88
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS 88
5.10.2 KEY BUYING CRITERIA 89
5.11 REGULATORY LANDSCAPE 89
5.11.1 KEY REGULATIONS 90
5.11.1.1 North America 90
5.11.1.1.1 US 90
5.11.1.1.2 Canada 90
5.11.1.2 Europe 90
5.11.1.3 Asia Pacific 91
5.11.1.3.1 China 91
5.11.1.3.2 Japan 91
5.11.1.3.3 India 91
5.11.1.4 Latin America 91
5.11.1.4.1 Brazil 91
5.11.1.4.2 Mexico 92
5.11.1.5 Middle East & Africa 92
5.11.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
5.11.2.1 North America 92
5.11.2.2 Europe 93
5.11.2.3 Asia Pacific 93
5.11.2.4 Latin America 94
5.11.2.5 Rest of the world 94
5.12 TECHNOLOGY ANALYSIS 94
5.12.1 KEY TECHNOLOGIES 95
5.12.1.1 Stem Cell Technology 95
5.12.2 COMPLEMENTARY TECHNOLOGIES 95
5.12.2.1 3D Bioprinting 95
5.12.3 ADJACENT TECHNOLOGIES 95
5.12.3.1 Organ-on-a-Chip 95
5.13 KEY CONFERENCES AND EVENTS IN 2024–2025 96
5.14 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 97
5.15 INVESTMENT AND FUNDING SCENARIO 97
5.16 CASE STUDY ANALYSIS 98
5.16.1 CASE STUDY 1: EVALUATION OF PATIENT-DERIVED ORGANOIDS FOR DRUG SENSITIVITY TESTING IN METASTATIC COLORECTAL CANCER WITH LIMITED TREATMENT OPTIONS 98
5.16.2 CASE STUDY 2: DEVELOPING STABLE ORGANOID MODELS FROM GASTRIC CANCER TISSUES FOR PERSONALIZED MEDICINE AND DRUG SCREENING 99
5.16.3 CASE STUDY 3: OPTIMAL CULTIVATION PERIODS FOR BLADDER CANCER ORGANOIDS BASED ON TRANSCRIPTOMIC PLASTICITY 99
5.17 IMPACT OF AI ON HUMAN ORGANOIDS MARKET 100
5.17.1 KEY USE CASES 101
6 HUMAN ORGANOIDS MARKET, BY PRODUCT 102
6.1 INTRODUCTION 103
6.2 LIVER MODELS 103
6.2.1 2D LIVER MODELS 107
6.2.1.1 Fresh hepatocytes 108
6.2.1.1.1 Increased drug metabolism studies to drive market 108
6.2.1.2 Cryopreserved hepatocytes 109
6.2.1.2.1 High quality and response to support market growth 109
6.2.1.3 Other 2D liver models 110
6.2.2 3D LIVER MODELS 111
6.2.2.1 Liver organoids 112
6.2.2.1.1 Support for determining pharmacology and hepatic toxicity of drugs to treat NAFLD 112
6.2.2.2 3D bioprinted liver models 113
6.2.2.2.1 Increased use in drug discovery to propel market growth 113
6.2.2.3 Liver spheroids 114
6.2.2.3.1 Need for better approaches in drug discovery to promote adoption of spheroids 114
6.2.2.4 Liver-on-a-chip 115
6.2.2.4.1 Stricter regulations on animal testing to promote adoption of in vitro systems like liver-on-a-chip 115
6.2.2.5 Other 3D liver models 116
6.3 KIDNEY MODELS 117
6.3.1 2D KIDNEY MODELS 120
6.3.1.1 Fresh kidney cells 121
6.3.1.1.1 Accurate representation and functionality to support usage 121
6.3.1.2 Cryopreserved kidney cells 122
6.3.1.2.1 Long-term storage benefits to drive market 122
6.3.1.3 Other 2D kidney models 123
6.3.2 3D KIDNEY MODELS 123
6.3.2.1 Kidney organoids 124
6.3.2.1.1 Increasing incidence of chronic kidney disease to boost market growth 124
6.3.2.2 3D bioprinted kidney models 125
6.3.2.2.1 High cost of bioprinting to hinder market growth 125
6.3.2.3 Kidney spheroids 126
6.3.2.3.1 Feasibility of studying challenging kidney diseases to drive adoption 126
6.3.2.4 Other 3D kidney models 126
6.4 PANCREATIC MODELS 127
6.4.1 2D PANCREATIC MODELS 130
6.4.1.1 Fresh pancreatic cells 131
6.4.1.1.1 High responsiveness to stimuli to support demand 131
6.4.1.2 Cryopreserved pancreatic cells 132
6.4.1.2.1 Potential use of cryopreserved cells in regenerative therapies and transplantation to increase demand 132
6.4.1.3 Other 2D pancreatic models 133
6.4.2 3D PANCREATIC MODELS 133
6.4.2.1 Pancreatic organoids 134
6.4.2.1.1 Increasing prevalence of diabetes and pancreatic cancer to drive uptake of pancreatic organoids 134
6.4.2.2 3D bioprinted pancreatic models 135
6.4.2.2.1 Precise fabrication and close resemblance to native architecture to drive adoption 135
6.4.2.3 Pancreatic spheroids 136
6.4.2.3.1 Improved methods for 3D cell culture to promote spheroid formation and support market growth 136
6.4.2.4 Other 3D pancreatic models 137
6.5 COLORECTAL MODELS 137
6.5.1 2D COLORECTAL MODELS 140
6.5.1.1 Fresh colorectal cells 141
6.5.1.1.1 Increasing incidence of colorectal cancer worldwide to heighten demand for fresh cells 141
6.5.1.2 Cryopreserved colorectal cells 142
6.5.1.2.1 Ability to thaw and culture cells on demand to support efficient research process, reducing need for continuous tissue sourcing 142
6.5.1.3 Other 2D colorectal models 143
6.5.2 3D COLORECTAL MODELS 144
6.5.2.1 Colorectal organoids 145
6.5.2.1.1 Drive to enhance therapeutic interventions will support growth 145
6.5.2.2 3D bioprinted colorectal models 146
6.5.2.2.1 Increasing bioburden of colorectal cancer to drive market growth 146
6.5.2.3 Colorectal spheroids 147
6.5.2.3.1 Advantages in determining disease mechanisms and drug testing to drive adoption 147
6.5.2.4 Other 3D colorectal models 147
6.6 HEART MODELS 148
6.6.1 2D HEART MODELS 151
6.6.1.1 Fresh heart cells 152
6.6.1.1.1 Importance in regenerative medicine applications to support adoption 152
6.6.1.2 Cryopreserved heart cells 152
6.6.1.2.1 On-demand access for clinical or research use to drive uptake of cryopreserved cells 152
6.6.1.3 Other 2D heart models 153
6.6.2 3D HEART MODELS 154
6.6.2.1 Heart organoids 155
6.6.2.1.1 Rising demand in cardiogenesis research to propel market growth 155
6.6.2.2 3D bioprinted heart models 155
6.6.2.2.1 High production costs to hinder adoption 155
6.6.2.3 Heart spheroids 156
6.6.2.3.1 Challenges in controlling spheroid morphology to restrain growth 156
6.6.2.4 Other 3D heart models 157
6.7 LUNG MODELS 158
6.7.1 2D LUNG MODELS 161
6.7.1.1 Fresh lung cells 162
6.7.1.1.1 Use of fresh lung cells gaining momentum due to their ability to accurately replicate native lung environment 162
6.7.1.2 Cryopreserved lung cells 163
6.7.1.2.1 Advancements in slicing and cryopreservation to enable creation of thousands of hPCLS from a single lung 163
6.7.1.3 Other 2D lung models 164
6.7.2 3D LUNG MODELS 164
6.7.2.1 Lung organoids 165
6.7.2.1.1 Increased adoption in biological research areas to boost market growth 165
6.7.2.2 3D bioprinted lung models 166
6.7.2.2.1 Advancements in bioinks to support uptake of 3D bioprinted lung models 166
6.7.2.3 Lung spheroids 167
6.7.2.3.1 Advantages of physiologically relevant environments for evaluating drug efficacy and toxicity to support usage 167
6.7.2.4 Other 3D lung models 168
6.8 OTHER PRODUCTS 168
6.8.1 2D MODELS (OTHER PRODUCTS) 171
6.8.1.1 Fresh cells (other products) 172
6.8.1.1.1 New techniques for isolating and preserving fresh cells to help enhance quality of research 172
6.8.1.2 Cryopreserved cells (other products) 173
6.8.1.2.1 Long-term storage benefits and advancements in research to support adoption 173
6.8.1.3 Other 2D models 174

6.8.2 3D MODELS (OTHER PRODUCTS) 175
6.8.2.1 Organoids (other products) 176
6.8.2.1.1 Growing focus on collaboration fosters innovation in organoid development 176
6.8.2.2 3D bioprinted models (other products) 177
6.8.2.2.1 Lack of suitable bioinks for 3D bioprinting applications to hamper market growth 177
6.8.2.3 Spheroids (other products) 178
6.8.2.3.1 Predictive environment for assessing efficacy and safety to support adoption 178
6.8.2.4 Other 3D models (other products) 179
7 HUMAN ORGANOIDS MARKET, BY SOURCE 180
7.1 INTRODUCTION 181
7.2 ADULT STEM CELLS 181
7.2.1 ADULT STEM CELLS TO HOLD LARGEST SHARE OF MARKET, BY SOURCE 181
7.3 INDUCED PLURIPOTENT STEM CELLS 184
7.3.1 GROWING DEMAND FOR PERSONALIZED MEDICINE TO DRIVE UPTAKE OF IPSCS 184
7.4 EMBRYONIC STEM CELLS 186
7.4.1 ETHICAL CONCERNS ASSOCIATED WITH ESCS TO HINDER MARKET GROWTH 186
7.5 OTHER SOURCES 189
8 HUMAN ORGANOIDS MARKET, BY TYPE 192
8.1 INTRODUCTION 193
8.2 READY-TO-USE PRODUCTS 193
8.2.1 MASS PRODUCTION OF READY-TO-USE PRODUCTS TO DRIVE ADOPTION 193
8.3 CUSTOMIZABLE PRODUCTS 196
8.3.1 ADVANCEMENTS IN 3D BIOPRINTING TO PROPEL MARKET GROWTH 196
9 HUMAN ORGANOIDS MARKET, BY CULTURE METHOD 200
9.1 INTRODUCTION 201
9.2 MATRIGEL MATRIX CULTURE 201
9.2.1 LONG-STANDING USE AND EFFECTIVENESS IN GROWING ORGANOIDS TO ENSURE ADOPTION 201
9.3 AIR-LIQUID INTERFACE CULTURE 204
9.3.1 INCREASING PREVALENCE OF DISEASES AFFECTING EPITHELIAL TISSUES TO DRIVE ADOPTION 204
9.4 SUSPENSION CULTURE 206
9.4.1 COST-EFFECTIVENESS OF SUSPENSION CULTURE TO DRIVE MARKET 206
9.5 3D BIOPRINTING CULTURE 209
9.5.1 RISING DEMAND FOR PERSONALIZED MEDICINE TO BOOST MARKET GROWTH 209
9.6 OTHER CULTURE METHODS 211
10 HUMAN ORGANOIDS MARKET, BY DISEASE AREA 214
10.1 INTRODUCTION 215
10.2 ONCOLOGY 215
10.2.1 GROWING FOCUS ON PERSONALIZED MEDICINE IN ONCOLOGY TO DRIVE DEMAND FOR CANCER ORGANOIDS 215
10.3 LIVER DISEASES 218
10.3.1 INCREASING INCIDENCE OF LIVER-RELATED CONDITIONS TO DRIVE DEMAND FOR EFFECTIVE RESEARCH MODELS 218
10.4 GASTROINTESTINAL DISEASES 220
10.4.1 WIDE USAGE IN MODELING INFLAMMATORY BOWEL DISEASE AND MALIGNANCIES TO PROPEL MARKET 220
10.5 CARDIOVASCULAR DISEASES 223
10.5.1 RISING INCIDENCE OF CARDIOVASCULAR DISEASES TO DRIVE MARKET 223
10.6 INFECTIOUS DISEASES 225
10.6.1 USE OF ORGANOIDS IN DEVELOPING ANTIVIRAL DRUGS TO SUPPORT MARKET GROWTH 225
10.7 NEUROLOGICAL DISORDERS 228
10.7.1 GROWING INCIDENCE OF NEUROPSYCHIATRIC DISORDERS TO FUEL UPTAKE OF HUMAN ORGANOIDS 228
10.8 OTHER DISEASE AREAS 230
11 HUMAN ORGANOIDS MARKET, BY APPLICATION 233
11.1 INTRODUCTION 234
11.2 DEVELOPMENTAL BIOLOGY 234
11.2.1 TECHNOLOGICAL ADVANCEMENTS IN STEM CELL RESEARCH TO BOOST MARKET GROWTH 234
11.3 DRUG TOXICITY & EFFICACY TESTING 237
11.3.1 INCREASED DRUG DEVELOPMENT COSTS TO DRIVE GROWTH 237
11.4 DISEASE PATHOLOGY 239
11.4.1 INCREASED DEMAND FOR ADVANCED IN VITRO DISEASE STUDIES TO AUGMENT MARKET GROWTH 239
11.5 PERSONALIZED MEDICINE 242
11.5.1 HIGH COST AND INSUFFICIENT DATA TO HAMPER MARKET GROWTH 242
11.6 REGENERATIVE MEDICINE 244
11.6.1 INCREASING FUNDING ACTIVITIES TO PROPEL MARKET GROWTH 244
11.7 OTHER APPLICATIONS 247
12 HUMAN ORGANOIDS MARKET, BY END USER 250
12.1 INTRODUCTION 251
12.2 PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES 251
12.2.1 INCREASING PREVALENCE OF CHRONIC DISEASES TO PROPEL MARKET GROWTH 251

12.3 CONTRACT RESEARCH ORGANIZATIONS 254
12.3.1 INCREASING OUTSOURCING OF CLINICAL RESEARCH SERVICES TO SUPPORT MARKET GROWTH 254
12.4 ACADEMIC & RESEARCH INSTITUTES 256
12.4.1 RISING GOVERNMENT FUNDING AND INCREASING INDUSTRY-ACADEMIA COLLABORATIONS TO DRIVE MARKET 256
12.5 OTHER END USERS 259
13 HUMAN ORGANOIDS MARKET, BY REGION 262
13.1 INTRODUCTION 263
13.2 NORTH AMERICA 263
13.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA 264
13.2.2 US 268
13.2.2.1 Rising prevalence of chronic respiratory diseases and organ transplants to expedite growth 268
13.2.3 CANADA 272
13.2.3.1 Growing incidence of cancer and investments in disease diagnostics & life science research to drive market 272
13.3 EUROPE 277
13.3.1 MACROECONOMIC OUTLOOK FOR EUROPE 278
13.3.2 GERMANY 282
13.3.2.1 Higher healthcare spending and organ transplants to favor market growth 282
13.3.3 UK 286
13.3.3.1 Rising disease prevalence to drive market growth 286
13.3.4 FRANCE 290
13.3.4.1 Increasing availability of advanced medical technologies to support market growth 290
13.3.5 ITALY 294
13.3.5.1 Modernization of healthcare infrastructure to support market 294
13.3.6 SPAIN 297
13.3.6.1 Rising incidences of cancer to drive demand 297
13.3.7 REST OF EUROPE 301
13.4 ASIA PACIFIC 304
13.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC 305
13.4.2 CHINA 310
13.4.2.1 Healthcare infrastructure improvements to support market growth in China 310
13.4.3 JAPAN 313
13.4.3.1 Rising biomedical & medical research to support market growth 313
13.4.4 INDIA 317
13.4.4.1 Large patient population and developing healthcare sector to drive market 317

13.4.5 AUSTRALIA 321
13.4.5.1 Rising private and public funding for research activities to drive market 321
13.4.6 SOUTH KOREA 325
13.4.6.1 Favorable government policies to fuel market growth 325
13.4.7 REST OF ASIA PACIFIC 329
13.5 LATIN AMERICA 332
13.5.1 MACROECONOMIC OUTLOOK FOR LATIN AMERICA 334
13.5.2 BRAZIL 337
13.5.2.1 Growing pharmaceuticals market and budget allocations to boost market 337
13.5.3 MEXICO 341
13.5.3.1 Booming medical tourism to support growth 341
13.5.4 REST OF LATIN AMERICA 344
13.6 MIDDLE EAST & AFRICA 348
13.6.1 GROWING FOCUS ON IMPROVING QUALITY OF LIFE TO DRIVE MARKET 348
13.6.2 MACROECONOMIC OUTLOOK FOR MIDDLE EAST & AFRICA 349
13.7 GCC COUNTRIES 352
13.7.1 RISING FOCUS ON ADVANCED HEALTH INFRASTRUCTURE TO AUGMENT MARKET 352
13.7.2 MACROECONOMIC OUTLOOK FOR GCC COUNTRIES 353
14 COMPETITIVE LANDSCAPE 357
14.1 INTRODUCTION 357
14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 357
14.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN HUMAN ORGANOIDS MARKET 357
14.3 REVENUE ANALYSIS, 2021–2023 359
14.4 MARKET SHARE ANALYSIS, 2023 360
14.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 361
14.5.1 STARS 361
14.5.2 EMERGING LEADERS 362
14.5.3 PERVASIVE PLAYERS 362
14.5.4 PARTICIPANTS 362
14.5.5 COMPANY FOOTPRINT, KEY PLAYERS, 2023 363
14.5.5.1 Company footprint 363
14.5.5.2 Region footprint 363
14.5.5.3 Product footprint 364
14.5.5.4 Source footprint 365
14.5.5.5 Application footprint 365
14.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 366
14.6.1 PROGRESSIVE COMPANIES 366
14.6.2 RESPONSIVE COMPANIES 366
14.6.3 DYNAMIC COMPANIES 366
14.6.4 STARTING BLOCKS 366
14.6.5 COMPETITIVE BENCHMARKING OF STARTUP/SME PLAYERS, 2023 367
14.7 COMPANY VALUATION AND FINANCIAL METRICS 368
14.8 BRAND/PRODUCT COMPARATIVE ANALYSIS 369
14.8.1 BIOIVT 369
14.8.2 BECYTES BIOTECHNOLOGIES 369
14.9 COMPETITIVE SCENARIO 369
14.9.1 PRODUCT LAUNCHES 370
14.9.2 DEALS 370
15 COMPANY PROFILES 372
15.1 KEY PLAYERS 372
15.1.1 THERMO FISHER SCIENTIFIC INC. 372
15.1.1.1 Business overview 372
15.1.1.2 Products offered 373
15.1.1.3 Recent developments 374
15.1.1.3.1 Product launches 374
15.1.1.3.2 Deals 375
15.1.1.4 MnM view 375
15.1.1.4.1 Right to win 375
15.1.1.4.2 Strategic choices 375
15.1.1.4.3 Weaknesses and competitive threats 376
15.1.2 CORNING INCORPORATED 377
15.1.2.1 Business overview 377
15.1.2.2 Products offered 378
15.1.2.3 Recent developments 379
15.1.2.3.1 Deals 379
15.1.2.4 MnM view 379
15.1.2.4.1 Right to win 379
15.1.2.4.2 Strategic choices 380
15.1.2.4.3 Weaknesses and competitive threats 380
15.1.3 MERCK KGAA 381
15.1.3.1 Business overview 381
15.1.3.2 Products offered 382
15.1.3.3 Recent developments 383
15.1.3.3.1 Deals 383
15.1.3.3.2 Expansions 383
15.1.3.4 MnM view 383
15.1.3.4.1 Right to win 383
15.1.3.4.2 Strategic choices 383
15.1.3.4.3 Weaknesses and competitive threats 383
15.1.4 BIOIVT 384
15.1.4.1 Business overview 384
15.1.4.2 Products offered 384
15.1.4.3 Recent developments 388
15.1.4.3.1 Deals 388
15.1.4.4 MnM view 389
15.1.4.4.1 Right to win 389
15.1.4.4.2 Strategic choices 389
15.1.4.4.3 Weaknesses and competitive threats 389
15.1.5 HUB ORGANOIDS BV 390
15.1.5.1 Business overview 390
15.1.5.2 Products offered 390
15.1.5.3 Recent developments 390
15.1.5.3.1 Deals 390
15.1.5.4 MnM view 391
15.1.5.4.1 Right to win 391
15.1.5.4.2 Strategic choices 391
15.1.5.4.3 Weaknesses and competitive threats 391
15.1.6 BICO 392
15.1.6.1 Business overview 392
15.1.6.2 Products offered 393
15.1.6.3 Recent developments 394
15.1.6.3.1 Product launches 394
15.1.6.3.2 Deals 394
15.1.6.3.3 Other developments 394
15.1.7 BECYTES BIOTECHNOLOGIES 395
15.1.7.1 Business overview 395
15.1.7.2 Products offered 395
15.1.8 INSPHERO 396
15.1.8.1 Business overview 396
15.1.8.2 Products offered 396
15.1.8.3 Recent developments 397
15.1.8.3.1 Deals 397
15.1.9 GBA GROUP 398
15.1.9.1 Business overview 398
15.1.9.2 Products offered 398
15.1.9.3 Recent developments 398
15.1.9.3.1 Deals 398
15.1.10 KIRKSTALL LTD. 399
15.1.10.1 Business overview 399
15.1.10.2 Products offered 399

15.1.11 MIMETAS BV 400
15.1.11.1 Business overview 400
15.1.11.2 Products offered 400
15.1.11.3 Recent developments 401
15.1.11.3.1 Product launches 401
15.1.11.3.2 Deals 401
15.1.12 NEUROMICS 402
15.1.12.1 Business overview 402
15.1.12.2 Products offered 402
15.1.13 PRIMACYT CELL CULTURE TECHNOLOGY GMBH 404
15.1.13.1 Business overview 404
15.1.13.2 Products offered 404
15.1.14 STEMCELL TECHNOLOGIES 405
15.1.14.1 Business overview 405
15.1.14.2 Products offered 405
15.1.14.3 Recent developments 406
15.1.14.3.1 Expansions 406
15.2 OTHER PLAYERS 407
15.2.1 ACROBIOSYSTEMS 407
15.2.2 BIOPREDIC INTERNATIONAL 408
15.2.3 CN BIO INNOVATIONS LTD. 408
15.2.4 CYPRIO 409
15.2.5 EMULATE, INC. 410
15.2.6 KERAFAST, INC. 411
15.2.7 PANDORUM TECHNOLOGIES PVT. LTD. 411
15.2.8 CYFUSE BIOMEDICAL KK 412
15.2.9 NEYROBLASTGX LLC 413
15.2.10 3DNAMICS INC. 414
15.2.11 DEFINIGEN LIMITED 415
16 APPENDIX 416
16.1 DISCUSSION GUIDE 416
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 423
16.3 CUSTOMIZATION OPTIONS 425
16.4 RELATED REPORTS 425
16.5 AUTHOR DETAILS 426