NEW YORK, Feb. 25, 2025 /PRNewswire/ --
Summary:
The global organoid services market share is projected to grow from US$3.03 billion in 2023 to US$15.01 billion by 2031, driven by the increasing demand for personalized medicine and innovative drug screening services.
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According to a comprehensive report from The Insight Partners, "Organoids Services Market Size and Forecast 2023 - 2031, Global and Regional Share, Trend, and Growth Opportunity Analysis Report" The global organoid services market is observing significant growth owing to the surging popularity of personalized drugs and increasing demand for innovative drug screening services. The report carries out an in-depth analysis of market trends, key players, and future opportunities. The organoid services market scope entails an array of services that are expected to determine the market performance in the coming years.
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Organoid Services Market Overview of Report Findings
1. Market Growth: The organoid services market is expected to reach US$
15.01 billion by 2031 from US$ 3.03 billion in 2023; it is anticipated to
register a CAGR of 22.3% during the forecast period. Organoids are
becoming an important resource for researchers and drug developers as
they look for more efficient and accurate ways to identify promising drug
candidates and predict their effectiveness. Organoid services are
specialized laboratory services focused on the creation and utilization
of small, simplified versions of organs grown from stem cells due to
their ability to replicate some functions of actual organs. This has
involved services in the production of organoids for research in drug
testing, disease modeling, and personalized medicine. The market has been
growing significantly due to developments in stem cell culture
technologies and the need for more appropriate models for disease
studies. Organoids have become a very viable substitute for animal
testing because they are more ethical and realistic, thus increasing
their usage in clinical studies. Such that, organoid services market is
bound to surge forward with continuous innovation from drug-testing and
drug studies by pharma and biotechnology companies besides research
institutions around the globe.
2. Increasing Demand for Innovative Drug Screening Services: Organoids have
become an emerging strong tool for researchers and pharmaceutical
companies in an effort to obtain more efficient and accurate drug
candidate identification and response. Traditional 2D cell cultures and
animal models are not very reliable platforms when it comes to accurately
predicting human responses to drugs, leading to ineffective treatments or
costly failures at the later stages. However, organoids structurally and
functionally closely resemble human tissues, thus offering a more
reliable and predictive model for drug testing. Pharmaceutical and
biotech companies are involved in the improvement of their discovery
operations in drugs and reducing the costs of development; organoids
offer an ideal solution for screening large libraries of drugs,
identifying potential candidates, and evaluating their efficacy and
toxicity much more accurately. With the inclusion of high-throughput
screening platforms and automated image analysis, advanced technological
integration enhances organoid screening services. Inclusion of
high-throughput screening with organoids enables the testing of many drug
compounds with efficiency and enhanced accuracy in analyzing results,
thus accelerating the drug discovery process. Therefore, driven by the
popularization of personalized medicines and the need for faster drug
development, the global focus on innovation in screening services favors
the growth of the organoids services market.
3. Strategic Developments, Launches, and Collaborations: As research
continues to improve techniques in growing and manipulating organoids,
their applications grow across drug discovery, disease modeling, and
regenerative medicine. These advancements now allow for even more
accurate and diverse organoid models that have the potential to better
replicate the human diseases to be studied: complex conditions including
cancer, neurological disorders, and genetic diseases, among others.
Additional factors that have contributed to the growth of the healthcare
sector have also increased demand for organoids globally. New product
development, acquisitions, partnerships, product launches, and approvals
worldwide are the drivers to such increased demand. In May 2024, a
strategic collaboration agreement was formed between InSphero and Genome
Biologics in Frankfurt. Through this collaboration, InSphero will be
granted exclusive global rights for the commercialization of Genome
Biologics' 3D Cardiac Organoid Platform. This will lead to the use of
accurate, scalable, and disease-specific organoid models for creating
novel treatments by that platform, making it stand on the top of all
heart disease research. These key developments, launches, and strategic
collaborations among market participants create a significant opportunity
for the organoid services market growth.
4. Geographical Insights: In 2023, North America led the organoid services
market with a substantial revenue share, followed by Europe and APAC,
respectively. Further, Asia Pacific is expected to register the highest
CAGR during the forecast period.
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Competitive Strategy and Development
-- Key Players: A few of the major companies operating in the organoid
services market are Sino Biological Inc.; Eurofins Scientific SE;
Molecular Devices, LLC.; InSphero; Cyprio; InnoSer; LABTOO; CUSABIO
TECHNOLOGY LLC; Oncodesign Services; and HUB Organoids BV (Hubrecht
Organoid Technology).
-- Trending Topics: Organoids in personalized medicine, advancements in
brain organoids for neurological research, the role of artificial
intelligence in enhancing organoid research, organoid biobanks and their
impact on global research networks, etc.
Global Headlines on Organoid Services
-- HUB Organoids Launches IntegriGut Screen: A Breakthrough Service
Offering for Inflammatory Bowel Disease (IBD) Drug Discovery and
Development
-- SEngine Precision Medicine and Oncodesign Announce Collaboration
Agreement for the Discovery of New Personalized Cancer Treatment for
Aggressive and Untreatable Tumors
-- InnoSer and OrganoTherapeutics to Offer Midbrain Organoids
-- InSphero Secures Exclusive Commercialization Partnership with Genome
Biologics for 3D Cardiac Organoid Platform
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Market Segmentation
-- Based on organ type, the organoid services market is segmented into
stomach, intestine, liver, pancreas, lung, brain, kidney, and others.
The intestine segment held the largest share of the market in 2023.
-- By application, the organoid services market is categorized into
developmental biology disease, pathology of infectious disease,
regenerative medicine, drug toxicity and efficacy testing, drug
discovery and personalized medicine, and others. The developmental
biology disease segment accounted for the largest share of the market in
2023.
-- The organoid services market, based on source, is segmented into
pluripotent stem cells and organ-specific adult stem cells. The
pluripotent stem cells segment held a larger share of the market in
2023.
-- The organoid services market is segmented into five major regions: North
America, Europe, Asia Pacific, Middle East and Africa, and South and
Central America.
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Conclusion
Significant growth in the organoid services market is following stem cell research and technology development, growing demand for personalized medicine, and demands for more sophisticated approaches for drug testing and disease modeling. As research in organoids continues to develop, models have become fundamental within the pharmaceutical, biotechnology, and academia industries, which provide more reliable alternatives than traditional methods such as animal testing and 2D cell cultures. Organoids generated from patient-specific cells are very useful for the precise screening of drugs, while their potential in regenerative medicine and tissue engineering is a future promise of therapies. In addition, with an increasing market of personalized treatments and precision medicine, organoids will play a very important role in accelerating drug development, reducing costs, and improving therapeutic outcomes.
The report from The Insight Partners lists several stakeholders--including biotechnology and pharmaceutical companies, academic and research institutions, contract research organizations, and healthcare providers and hospitals--along with valuable insights to successfully navigate this evolving market landscape and unlock new opportunities.
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