Dublin, June 11, 2021 (GLOBE NEWSWIRE) — The “Organoids Market – Forecasts from 2021 to 2026” report has been added to ResearchAndMarkets.com’s offering. Organoids refer to the artificially grown three dimensional cultures of tissues obtained from stem cells. The organoids demonstrate similar organ functionalities to those present in various organs and have the ability to self-renew and self-organize themselves. The rise in the organoid-led medical research and various discoveries made by them which are beneficial for the treatment of various diseases are contributing significantly to the market growth and is expected to bolster the market growth during the forecast period. Also, as the prevalence of cancer around the world is increasing, the organoids are increasingly being used to understand cancer cells better and consequently find better treatments for cancer, which in turn, is anticipated to surge the organoids market growth in the coming years. Better drug testing, personalized medicine and aspiration for creating transplantable organs in labs are also some of the factors which are expected to propel the organoids market growth during the forecast period.The recent outbreak of the novel coronavirus disease is anticipated to positively impact the market growth to some extent. The organoids are increasingly being used during the Covid-19 pandemic to better understand the biology of the novel coronavirus and its effect on the human organs. The scientists developed mini lung organoids study how alveolar cells respond to SARS-CoV-2 infection. These utilities of organoids in understanding the virus led to growth in the organoids market and due to successful studies, the organoids is further anticipated to propel the market growth during the forecast period.The organoids market has been classified on the basis of organ, application, end user, and geography. By Organ, the market has been classified on the basis of Liver, Brain, Lungs, Kidney, Intestine, Pancreas, and others. On the basis of Application, the segmentation has been done into Cancer research, Drug testing, Personalized medicine, Regenerative medicine, Therapeutic tools, and others. By End User, the market has been categorized into Biotechnology and Pharmaceutical Companies, Academic and Research Institutions, and Hospitals and Diagnostic Centers. Geographically, the market for Organoids has been distributed into North America, South America, Europe, Middle East and Africa, and Asia Pacific.Growing organoid-led medical research.One of the key factors supplementing the Organoids Market growth includes the rise in the organoid-led research and development in medical field to study the human organs and diseases related to them. In February 2021, a team of researchers from Stanford University showed in its study that the organoids for brain cells when grown in lab for more than a year closely resembled the cells of human brains of new born babies. This could make it easy for the researchers to study brain studies. There recent developments in research have even led to the hope of growing transplantable human organs in labs. Cincinnati Children’s Hospital Medical Center in September 2019 developed a three organoid system having the liver, pancreas and biliary ducts.