Research and Markets: Europe Organoids Market Forecast to 2027: Increasing Focus on Drug Discovery Activities & Combining Organoid with Organ-On-A-Chip - ResearchAndMarkets.com
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Internal Organoids segment is expected to drive the growth of the Europe Organoids Market by Technology.
Europe Organoids Market was valued at US$ 247.85 million in 2019 and is projected to reach US$ 1,260.08 million by 2027; it is expected to grow at a CAGR of 22.5% during 2020-2027.
The report highlights the trends prevailing in the Europe organoids market and the factors driving the market along with those that act as deterrents to its growth.
Based on type, the organoids market is segmented stomach, intestine, liver, pancreas, lung, brain, kidney, and others. In 2019, the stomach segment accounted for the largest share of the Europe organoids market. The growth of the segment attributes to growth of internal Organoids segment is attributed to the rising stomach disorders are some of the primary factors contributing to the dominance of the segment in the Europe organoids market. Additionally, the outbreak of the COVID-19 pandemic has highly affected the countries in the European region.