South Korea Cryopreserved Animal Hepatocytes Market was valued at USD 0.05 Billion in 2022 and is projected to reach USD 0.1 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
The South Korea Cryopreserved Animal Hepatocytes Market is witnessing a notable growth as industries increasingly recognize the value of cryopreserved animal hepatocytes in various research and development applications. These cells are crucial in the study of liver functions, drug toxicity testing, and various metabolic processes, providing researchers with reliable and accurate models. Cryopreserved animal hepatocytes are cells that have been frozen at very low temperatures to maintain their viability, allowing them to be used long after they have been harvested. This innovation has played a significant role in advancing medical and pharmaceutical research.
The primary industries driving the demand for cryopreserved animal hepatocytes in South Korea are pharmaceuticals, biotechnology, and toxicology. These sectors require these cells for drug discovery, testing the safety of new compounds, and developing liver-related therapies. South Korea’s pharmaceutical industry is one of the leading contributors to the growth of the Cryopreserved Animal Hepatocytes Market, with research laboratories and universities heavily relying on these cell types for in vitro testing of drugs and chemicals.
One of the key drivers for the increasing adoption of cryopreserved animal hepatocytes is the advancement in biotechnology, particularly in developing organ-on-chip technologies and regenerative medicine. These developments have created an increasing demand for cells that mimic the in vivo liver environment, with cryopreserved animal hepatocytes being the ideal choice due to their reliability and high metabolic activity.
Moreover, the growing awareness of the benefits these cells provide in reducing animal testing is helping fuel the market's expansion. The ability to use cryopreserved animal hepatocytes in screening processes offers a more ethical and efficient alternative to traditional animal testing, which has often been criticized for its limitations and ethical concerns.
In South Korea, the Cryopreserved Animal Hepatocytes Market is poised for further growth, driven by technological advancements, an increasing need for accurate testing models, and the overall expansion of the biotechnology and pharmaceutical industries. Companies in these sectors continue to rely on cryopreserved hepatocytes for the development of better and safer drugs, ensuring that this market will remain a cornerstone in medical research for years to come.
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Corning
Thermo Fisher Scientific
Tocris Bioscience
LONZA
Cytes Biotechnologies
BioIVT
XenoTech
Sunncell
Atlantis Bioscience Pte Ltd
PRIMACYT Cell Culture Technology GmbH
Discovery
MB Biosciences
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Cryopreserved Animal Hepatocytes Market
Primary Hepatocytes
Immortalized Hepatocytes
Engineered Hepatocytes
Drug Testing
Toxicology Studies
Gene Expression Studies
Metabolism Studies
Pharmaceutical & Biotechnology Companies
Contract Research Organizations (CROs)
Academic & Research Institutes
Human Hepatocytes
Animal Hepatocytes
Cryopreserved Hepatocytes
Non-Cryopreserved Hepatocytes
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Cryopreserved Animal Hepatocytes Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Cryopreserved Animal Hepatocytes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Cryopreserved Animal Hepatocytes Market, By Type
6. South Korea Cryopreserved Animal Hepatocytes Market, By Application
7. South Korea Cryopreserved Animal Hepatocytes Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Cryopreserved Animal Hepatocytes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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