Global Human Liver Models Market Size By Drug Discovery Platform (Liver Organoids, 2D Models, 3D Bioprinting), By Competitive Landscape, By Geographic Scope And Forecast
Published on: 2024-08-01 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Human Liver Models Market Size By Drug Discovery Platform (Liver Organoids, 2D Models, 3D Bioprinting), By Competitive Landscape, By Geographic Scope And Forecast
Human Liver Models Market Size And Forecast
Human Liver Models Market size was valued at USD 2 Billion in 2024 and is projected to reach USD 4.9 Billion by 2031, growing at a CAGR of 13.06% from 2024 to 2031.
The growth in research and development activities and the growing frequency of non-alcoholic fatty liver disease are also expected to augment the market growth. Moreover, the rise in the need for the early detection of drug toxicity to minimize financial losses due to late-stage drug failure also boosts the growth of the market. The Global Human Liver Models Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Human Liver Models Market Definition
A human liver model is a structure that is used to study the toxicity associated with the drug which may result in liver failure and other liver diseases. It enables to development of a better understanding of liver disease and complex spatial relationships of the internal anatomy of the liver. The advanced liver models are mini-organs or organoids that are expected to replicate human liver physiology, anatomy, and functions from the molecular layer upward. The formation of these living models is a new area of science that has the potential to replace animal models. The human liver model is used to screen new drugs for liver toxicity.
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Global Human Liver Models Market Overview
The increased emphasis on developing alternatives for animal testing models is creating new opportunities for the Human Liver Models Market. There has also been an increase in research investments and venture capital funding for liver model research, key players and the government have taken actions to raise awareness about liver models, and research programs are being favored, all of which are contributing to the growth of the Human Liver Models Market.
There has also been a considerable increase in the prevalence of non-alcoholic fatty liver disease and the need for early drug toxicity diagnosis, which aids in limiting financial losses in the later phases. Furthermore, rising liver infections and the use of liver models in the development of various medications are projected to propel the market forward during the forecast period. However, the dearth of expert professionals is the major restraining factor for this market. Furthermore, an increasing number of initiatives to create awareness regarding liver organoids is expected to create.
Global Human Liver Models MarketSegmentation Analysis
The Global Human Liver Models Market is Segmented on the basis of Drug Discovery Platform, And Geography.
Human Liver Models Market, By Drug Discovery Platform
• Liver Organoids• 2D Models• 3D Bioprinting• Liver-On-A-Chip• Animal Models
Based on Drug Discovery Platform, The market is segmented into Liver Organoids, 2D Models, 3D Bioprinting, Liver-On-A-Chip, and Animal Models. The 3D Bioprinting segment is predicted to see significant growth during the forecast period owing to an increase in usage of 3D Bioprinting by researchers.
Human Liver Models Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, The Global Human Liver Models Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Due to increased R&D expenditure, innovation in organ models, and adoption of innovative potential therapies in the area, North America and Europe are likely to have the majority of the market share. Furthermore, the rising prevalence of liver illnesses, combined with the presence of significant market players in the region, is expected to drive market expansion throughout the projection period. The Asia Pacific area is likely to increase its share due to increased R&D spending in the region’s emerging countries. Furthermore, the development of healthcare infrastructure and the focus of enterprises on the discovery of new treatments are projected to boost regional growth.
Key Players
The “Global Human Liver Models Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Cyfuse Biomedical, Emulate, HìREL, Cellink, Ascendance Bio, CN Bio, and Organovo.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• In May 2022, BICO acquired all the shares in San Diego-based Allegro 3D Inc. (“Allegro 3D”) for an up-front enterprise value of USD 6 million.
• In May 2022, the Maker of organs-on-a-chip Emulate has enhanced its offering for researchers studying inflammatory bowel disease with a tissue model that demonstrates how immune cells are triggered and circulate throughout the body.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2021-2031 |
Base Year | 2024 |
Forecast Period | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Billion) |
Key Companies Profiled | Cyfuse Biomedical, Emulate, HìREL, Cellink, Ascendance Bio, CN Bio, and Organovo. |
Segments Covered | • By Drug Discovery Platform• By Geography |
Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
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