Organ-On-Chip Market Report 2020 Is Booming Worldwide According to a New Research Report from TBRC

TheBusinessResearchCompany.com offers "Organ-On-Chips Market By Models (Lung-On-Chip, Heart-On-Chip, Liver-On-Chip, Intestine-On-Chip, Kidney-On-Chip And More), By Applications, By Trends And 2023 Market Forecast" from its research store.

organ-on-chip market consists of sales of organs-on-chips by entities (organizations, sole traders and partnerships) that manufacture organs-on-chips used for drug development, toxicity testing, and personalized medicine research. Organs-on-chips (OOCs) are small plastic devices with biocompatible microfluidic chambers containing multiple live human cells in a 3D culture that simulate key physiological functions of body organs. Organs-on-chips that mimic the organ level physiology of humans are a promising alternative to animal models.

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Growth in the historic period resulted from increased demand for personalized medicine, growing need to minimize financial losses due to late stage drug failure, substantial funding of public and private sources for OOC start-ups and research groups. Factors that negatively affected growth in the historic period were high-costs associated with OOCs, limitations of polydimethylsiloxane (PDMS), the most commonly used substrate material for the fabrication of OOCs.

The top opportunities in the global OOC market will arise in the multi-organs-on-chip segment, which will gain $15.1 million, toxicology research segment by application will gain $22.3 million, biopharmaceutical companies segment by end-users will gain $41.7 million of global annual sales by 2023 and the OOC market will gain $40.6 million in North America.

Organ-On-Chip Market Segmentation: -
By Organ Type - The organ-on-chip market can be segmented by product type into
1. Lung-On-Chip
2. Multi-Organs On Chip
3. Heart-On-Chip
4. Liver-On-Chip
5. Intestine-On-Chip
6. Kidney-On-Chip
7. Skin-On-Chip
8. Blood-Brain-Barrier-On-Chip
9. Other Organ Models

Liver-on-chip had the highest growth rate of nearly 76.2% during the historic period.

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By Application - The organ-on-chip market can be segmented by application into
1. Toxicology Research
2. Drug Discovery
3. Molecular Biology
4. Disease Modelling
5. Food Safety
6. Other Applications

Drug discovery had the highest growth rate of nearly 72.1% during the historic period.

By End Users - The organ-on-chip market can be segmented by end users into
1. Biopharmaceutical companies
2. Academics
3. Food & Beverages
4. Other commercial industries

Academics had the highest growth rate of nearly 71.5% during the historic period.

By Products And Services - The organ-on-chip market can be segmented by products and services
1. Devices
2. Testing Services

Devices had the highest growth rate of nearly 70.6% during the historic period.

By Type Of Material - The organ-on-chip market can be segmented by type of material
1. Polymer
2. PDMS
3. Glass
4. Silicon

Polymer had the highest growth rate of nearly 207.8% during the historic period.

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The present study exhibits the trends and market dynamics of the organ-on-chip market in major countries - USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world. The report also includes the study of the current issues with consumers and various future opportunities for the market.

Some of the major key players involved in the organ-on-chip market are Emulate Inc., AxoSim Inc., Kirkstall, TissUse GmbH, Nortis Inc., Mimetas BV, Biochip, Hurel Corporation, Micronit, Tara Biosystems, BiomimX SRL, Elveflow, SynVivo, BeonChip, Mesobiotech, Cherry Biotech, 4DCell, uFluidix Inc., CN Biosystems, Hurel Corporation, InSphero AG, Nortis Inc., HemoShear, Ascendance Bio, Organovo Holdings, Inc.

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