The Human Liver Model Global Market Report 2023, provides comprehensive information on the human liver model market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global human liver model market is expected to grow from $1.83 billion in 2022 to $2.07 billion in 2023 at a compound annual growth rate (CAGR) of 13.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global human liver model is expected to reach $3.32 billion in 2027 at a CAGR of 12.6%.
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Product innovation has emerged as a key trend gaining popularity in the human liver model market. Major companies operating in the human liver model market are concentrating on creating innovative products to strengthen their position in the market. For instance, in April 2023, LifeNet Health Life Sciences, a US-based human cell and tissue-based solution provider launched TruVivo, a ground-breaking liver system made entirely of human cells that will aid in the crucial research and development of new drugs and compounds. This innovative 2D+ solution combines the robust data that goes with 3D models with the flexibility and simplicity of a 2D model.
The human liver model market is segmented:
1) By Product: Liver Organoids, Liver-On-A-Chip, 2D Models, Animal Models, 3D Bioprinting
2) By Application: Educational, Drug Discovery, Other Applications
3) By End Users: Research Institutes, Pharmaceutical Companies, Other End Users
North America was the largest region in the human liver model market in 2022.
The table of contents in TBRC’s human liver model market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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