The organ-on-chip market was valued at USD 57.05 million in 2021 and is expected to reach USD 144.31 million by 2029, registering a CAGR of 12.30% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Organ-On-Chip market research document provides market segmentation in the most-detailed pattern. A thorough analysis of patents and major market players has been carried out in this industry analysis report to provide a competitive landscape. High level market analysis of major segments has been performed in the report and opportunities are identified. The report not only deals with major industrial categories but also different associated segments such as services, technologies, & applications. What is more, the trustworthy Organ-On-Chip market report provides market data in such a way that it also considers new product development from beginning to launch.
Researchers have been deploying a combination of labs-on-chips (LOCs) and cell biology to examine human physiology in an organ-specific environment over the years. This results in the emergence of new model of in vitro multicellular human organisms.
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Organ-On-Chip market report assists in finding out prospective in new geographical markets and performs market analysis to successfully get bigger into them. After identifying trends in consumer and supply chain dynamics, accordingly marketing, promotional, and sales strategies are interpreted for an utmost success. The report is also helpful to gain knowledge and insights about the new regulatory environment which suits to the organization. To design Organ-On-Chip market research report at its best, a DBMR team works with respect to the opportunities, challenges, drivers, market structures, and competitive landscape for utmost success of the clients.
Product definition”
The organ-on-chip market comprises of sales of organs-on-chips by entities that manufacture organs-on-chips for drug development, toxicity testing, and personalized medicine research (organizations, lone traders, and partnerships). Organs-on-chips (OOCs) are small plastic devices with biocompatible microfluidic chambers that hold a 3D culture of numerous living human cells that mimic important physiological processes of body organs.
Some of the major players operating global Organ-On-Chip market are
- AxoSim (US)
- BiomimX S.r.l. (Italy)
- Elveflow (France)
- Emulate, Inc. (US)
- Hµrel Corporation (US)
- InSphero (Switzerland)
- MIMETAS (Netherlands)
- NORTIS, INC. (US)
- TARA Biosystems, Inc. (US)
- Logo TissUse GmbH (Germany)
Key Market Segments Covered in Organ-On-Chip Market Industry Research
Organ Type
- Liver
- Heart
- Lung
- Other Organ Types
Application
- Drug Discovery
- Toxicology Research
- Others
End User
- Pharmaceutical and Biotechnology Companies
- Academic and Research Institutes
- Other
Organ-On-Chip Market Regional Analysis/Insights
The organ-on-chip market is analysed and market size insights and trends are provided by country, organ type, application, and end user as referred above.
The countries covered in the organ-on-chip market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the organ-on-chip market because of the availability of an extensive array of assistance extended by significant market pros and an increment in the toxicological analysis of drugs on the distinct varieties of organ cells.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 because of the adoption of advanced technology in the region.
Drivers
- Increase in Research Activities
The organ-on-chip industry is encouraged by determinants, such as a demand for substitutes for animal experimentation, the requirement for the initial discovery of remedy toxicity, and unique product launch and elevations in technology are also accountable for stimulating the market.
- Initiatives by Pharmaceutical Companies
The growing efforts by pharmaceutical corporations to finance and examine medication repurposing using organ-on-chip patterns, are also foreseen to push the increment of the organ-on-chip business.
- Integration of Technologies
The increase in demand for organ-on-chip as it combines tissue engineering and microfluidics. These technologies offer effective answers to long standing issues in individualized disease treatment and medication discovery. The technology assist in drug development studies.
Additionally, rapid urbanization, lifestyle change, investments, and increased consumer spending positively impact the organ-on-chip market.
Opportunities
Furthermore, an increase in need for personalized medicine extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, widespread employment of organ-on-chip surpassing the medical enterprise will further expand the market.
Restraints/Challenges
On the other hand, high cost associated with the organ chip device and the development of organ-on-chip (OOC) technology are expected to obstruct market growth. Also, stringent regulations are projected to challenge the organ-on-chip market in the forecast period of 2022-2029.
This organ-on-chip market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on organ-on-chip market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Organ-On-Chip Market Scope and Market Size
The organ-on-chip market is segmented on the basis of organ type, application, and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Organ Type
- Liver
- Heart
- Lung
- Other Organ Types
Application
- Drug Discovery
- Toxicology Research
- Others
End User
- Pharmaceutical and Biotechnology Companies
- Academic and Research Institutes
- Other
Organ-On-Chip Market Regional Analysis/Insights
The organ-on-chip market is analysed and market size insights and trends are provided by country, organ type, application, and end user as referred above.
The countries covered in the organ-on-chip market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the organ-on-chip market because of the availability of an extensive array of assistance extended by significant market pros and an increment in the toxicological analysis of drugs on the distinct varieties of organ cells.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 because of the adoption of advanced technology in the region.
Browse Detailed Summary of Research Report @ https://www.databridgemarketresearch.com/toc/?dbmr=global-organ-on-chip-market
Drivers
- Increase in Research Activities
The organ-on-chip industry is encouraged by determinants, such as a demand for substitutes for animal experimentation, the requirement for the initial discovery of remedy toxicity, and unique product launch and elevations in technology are also accountable for stimulating the market.
- Initiatives by Pharmaceutical Companies
The growing efforts by pharmaceutical corporations to finance and examine medication repurposing using organ-on-chip patterns, are also foreseen to push the increment of the organ-on-chip business.
- Integration of Technologies
The increase in demand for organ-on-chip as it combines tissue engineering and microfluidics. These technologies offer effective answers to long standing issues in individualized disease treatment and medication discovery. The technology assist in drug development studies.
Additionally, rapid urbanization, lifestyle change, investments, and increased consumer spending positively impact the organ-on-chip market.
Opportunities
Furthermore, an increase in need for personalized medicine extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, widespread employment of organ-on-chip surpassing the medical enterprise will further expand the market.
Restraints/Challenges
On the other hand, high cost associated with the organ chip device and the development of organ-on-chip (OOC) technology are expected to obstruct market growth. Also, stringent regulations are projected to challenge the organ-on-chip market in the forecast period of 2022-2029.
This organ-on-chip market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on organ-on-chip market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
How does this Organ-On-Chip Market Insights Help?
- Global Organ-On-Chip Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR
- The Key parameters which are driving this market and restraining its growth
- What all challenges manufacturers will face as well as new opportunities and threats faced by them
- To learn about the market strategies that are being adopted by your competitors and leading organizations
- To Increase insightful analyses of the market and have a comprehensive understanding of the “Organ-On-Chip Market” and its commercial landscape
TABLE OF CONTENTS
- Part 01: Executive Summary
- Part 02: Scope of The Report
- Part 03: Research Methodology
- Part 04: Market Landscape
- Part 05: Pipeline Analysis
- Part 06: Market Sizing
- Part 07: Five Forces Analysis
- Part 08: Market Segmentation
- Part 09: Customer Landscape
- Part 10: Regional Landscape
- Part 11: Decision Framework
- Part 12: Drivers and Challenges
- Part 13: Market Trends
- Part 14: Vendor Landscape
- Part 15: Vendor Analysis
- Part 16: Appendix
For Detailed TOC | Follow @ https://www.databridgemarketresearch.com/reports/global-organ-on-chip-market
Queries Resolved In This Report:
- Which will be the specialties at which Organ-On-Chip Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set nearness?
- Which will be the foreseen development rates for your own Organ-On-Chip economy out and out and furthermore for each portion inside?
- Which will be the Organ-On-Chip application and sorts and estimate joined intently by makers?
- Which will be the dangers which will attack growth?
- The length of the global Organ-On-Chip market opportunity?
- How Organ-On-Chip Market share advance vacillations their value from various assembling brands?
WHO SHOULD BUY THE GLOBAL ORGAN-ON-CHIP REPORT?
People looking to enrich the decision-making capability by following points must buy the report:
- Breakdown of market share of the top Organ-On-Chip industry players
- Evaluations of market share for the regional and country level sectors
- Estimation of Organ-On-Chip market for the forecast period of all the aforementioned classes, sub classes, and the domestic markets
- Tactical recommendation for the newbies
- Tactical recommendation in primary business industries based on the Organ-On-Chip market forecast
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