36.6% Growth Rate for Organs-on-Chips Market by 2022 | CN Bio, Emulate, TissUse, Mimetas, InSphero, Ascendance Bio, Kirkstall and Others

ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This report on the global Organs-on-chips Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team. Organs-on-chips Market report spread across 117 Pages, Profiling 11 Companies and Supported with 68 Tables and 27 Figures is now available in this Research report.

Organs-on-chips Market Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2022. It aims at estimating the market size and the growth potential of this market across different segments, such as industry, application, solution, type, and region.

The Organs-on-Chips Market is expected to reach US$ 45.6 Million by 2022 from US$ 9.6 Million in 2017, at a CAGR of 36.6%. Download Here Free Sample Research Report of Organs-on-chips Market at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1298092 .

“Services segment are expected to hold the largest share of the market in 2017.”
Based on Offering, the organs-on-chips market is segmented into products and services. The services segment is expected to dominate this market and is also expected to grow at the highest CAGR during the forecast period. The dearth of skilled professionals and the lack of the necessary R&D infrastructure to handle and interpret results obtained by using OOC systems, coupled with the increasing research outsourcing by pharmaceutical and biotechnology companies are driving the high growth of the services segment.

“The Toxicology research segment is expected to dominate the market during the forecast period.”
Based on Application, the market is segmented into physiological model development, drug discovery, and toxicology research. The toxicology research segment is expected to dominate the market during the forecast period.

“North America to witness high growth during the forecast period.”
North America is expected to account for the largest share and also expected to grow at the highest CAGR of the market followed by Europe. The largest share and high growth of this market is attributed to factors such as the availability of new and advanced organs-on-chips models in the market, favorable government initiatives in terms of funding and programs for basic drug development and research, and the presence of key pharmaceutical companies.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 25%; Tier 2 -30%; Tier 3 - 45%.
• By Designation: C-level- 25%; D-level- 40%; others- 35%.
• By Region: North America-41%; Europe-30%;Asia-24%; RoW: 5%

Report Highlights
• To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

• To forecast the size of the market with respect to four regions, namely, North America, Europe, Asia, and the Rest of the World (RoW)

• To define, describe, segment, and forecast the global organs-on-chips market by product, type, application, and end user

• To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)

• To track and analyze competitive developments such as acquisitions, agreements, and collaborations, product launch, and , expansions in the organs-on-chips industry

Most Popular Companies in the Organs-on-Chips Market include are CN Bio (UK), Emulate (US), TissUse (Germany), Mimetas (Netherlands), InSphero (Switzerland), Ascendance Bio (US), Kirkstall (UK), HUREL (US), SynVivo (US), AxoSim (US), Nortis (US).

Target Audience for Organs-on-chips Market: Chemical companies,Pharmaceutical and biotechnology companies,Healthcare providers and diagnostic laboratories,Manufacturers of 3D cell culture products,Food & beverage manufacturers,Contract research organizations (CROs),Research institutes/universities,Venture capitalists,Research and consulting firms.

Competitive Landscape of Organs-on-Chips Market:
• Overview
• Ranking of Players, 2016
• Competitive Situation and Trends
• Agreements, Partnerships, and Collaborations
• Product Launches
• Expansions.

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