Human Liver Model Market to Grow with a CAGR of 4.17% through 2028
The prevalence of liver diseases, technological
breakthroughs, and the rise of personalized medicine are expected to drive the
Global Human Liver Model Market growth in the forecast period, 2024-2028.
According to TechSci Research report, “Human Liver
Model Market – Global Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028”, the Global Human Liver Model Market stood at
USD 567.45 million in 2022 and is anticipated to grow with a CAGR of 4.17% in
the forecast period, 2024-2028. This can be attributed to industry
collaborations and partnerships. Collaboration between academic institutions,
pharmaceutical companies, and biotech firms has accelerated the development and
adoption of human liver models. Partnerships leverage complementary expertise
and resources to advance research and bring innovative models to market more
quickly.
Furthermore, ethical concerns and the desire for more
humane research practices are pushing the reduction of animal testing. Human
liver models serve as ethical alternatives, offering a way to obtain
human-specific data without harming animals. The trend toward reducing animal
testing is expected to accelerate the adoption of these models.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Human Liver Model Market”
The global market for human liver models is poised for
substantial growth in the foreseeable future. This expansion can be primarily
attributed to the escalating investment in healthcare research and development,
the rising incidence of liver diseases, and the continuous advancements in
organ printing technologies. Furthermore, the growing emphasis on developing
alternatives to animal-based models for more precise research outcomes is
expected to drive market growth. Additionally, the increasing prevalence of
non-alcoholic fatty liver disease and the adverse effects of alcohol
consumption leading to liver diseases are anticipated to further stimulate
market growth in the coming years. Nevertheless, challenges such as the high
cost of liver models and the complexities associated with integrating these
models into existing workflows are likely to hinder market growth during the
forecast period.
The Global Human Liver Model Market is segmented into product,
application, regional distribution, and company
Based on its product, 2D Models are poised to maintain
their dominance in the Global Human Liver Model Market for several compelling
reasons. Firstly, they offer cost-effective and efficient solutions for
studying liver-related diseases and drug testing, making them an attractive
choice for both research institutions and pharmaceutical companies. Moreover, 2D
Models have been widely adopted and validated over the years, establishing a
robust foundation for continued use. Their simplicity and ease of use also
contribute to their enduring popularity. Furthermore, as advancements in cell
culture techniques and assay development continue to enhance the relevance and
accuracy of 2D Models, they are likely to remain the go-to choose for liver
research. In the coming years, the growing demand for liver-related studies and
the practical advantages of 2D Models are expected to cement their dominant
position in the market.
Based on application, Drug discovery is poised to
continue dominating the Global Human Liver Model Market for several compelling
reasons. First and foremost, the pharmaceutical industry's unceasing quest for
innovative and effective therapies drives a constant demand for reliable liver
models to assess drug candidates. Human liver models play an irreplaceable role
in early-stage drug testing, enabling researchers to evaluate drug metabolism,
toxicity, and efficacy accurately. Moreover, the increasing complexity of drug
targets and the push towards personalized medicine necessitate more
sophisticated liver models, positioning drug discovery as a key driver of
innovation in this market. With ongoing advancements in tissue engineering and
biotechnology, drug discovery will likely maintain its dominance in the coming
years, ensuring that the Global Human Liver Model Market continues to thrive.
Major companies operating in Global Human Liver
Model Market are:
- Organovo Holdings Inc
- BioIVT LLC
- InSphero AG
- Emulate Inc
- Mimetas BV
- CN Bio
- Cyfuse Biomedical KK
- Hurel Corp
Download Free Sample Report
Customers can also request for 10%
free customization on this report
“The Global Human Liver Model Market is on the cusp of
significant transformation, driven by emerging trends that promise to reshape
the landscape of pharmaceutical research and drug development. Integration of
AI, multi-organ-on-a-chip systems, patient-derived models, advanced tissue
engineering, microfluidic devices, collaborative research initiatives, and
regulatory acceptance are poised to revolutionize the industry,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based management
consulting firm.
“Human Liver Model Market By Product
(2D Models, 3D Bio Printing, Liver Organoids), By Application (Drug Discovery,
Academics & Research), By Region, By
Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of Global Human Liver Model Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Human Liver Model Market.
Contact
Mr. Ken
Mathews
708 Third
Avenue,
Manhattan, NY,
New York –
10017
Tel:
+1-646-360-1656
Email: [email protected]
Website: www.techsciresearch.com