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Organoids and Spheroids Market Share

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

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Organoids and Spheroids Market Share

The competitive landscape of the market is characterized by the presence of established pharmaceutical and biotechnology companies that involved in stem cell research, drug discovery and development and tissue engineering & regenerative medicine vying for market share. Key players are engaging in strategic initiatives such as collaboration, investment, and partnerships to strengthen their product portfolio. The companies are actively adopting a multi-pronged approaches to address the rising demand for organoids and spheroids.

Organoids and Spheroids Market Companies

Prominent players operating in the organoids and spheroids industry are as mentioned below:

STEMCELL Technologies Inc.
Corning Incorporated
Merck KGaA
Greiner Bio-One
InSphero Inc.
Promega Corporation
Thermo Fisher Scientific Inc.
Lonza Group Ltd.
Prellis Biologics
AMSBIO LLC

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.