Organ-On-Chip (OOC) Market Size, Status and Global Outlook 2021 to 2030 - Emulate Inc.; Mimetas BV; AxoSim Inc.; Nortis Inc.

Global Organ-On-Chip (OOC) Market Size and Forecast to 2021 – 2030 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend Organ-On-Chip (OOC) data that enhances the understanding, scope, and application of this report.

The study includes market share analysis and profiles of players such as Emulate Inc.; Mimetas BV; AxoSim Inc.; Nortis Inc.; TissUse GmbH.

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The global OOC market reached a value of nearly $50.8 million in 2020, having increased at a compound annual growth rate (CAGR) of 59.5% since 2015. The market is expected to grow from $50.8 million in 2020 to $177.8 million in 2025 at a rate of 28.5%. The market is then expected to grow at a CAGR of 14.6% from 2025 and reach $350.8 million in 2030.

Market Overview:

The 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.

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

Going forward, the adoption of OOC technology by major pharmaceutical companies such as Roche and AstraZeneca among many others, increasing drug repurposing approaches in the OOC industry, and rising healthcare expenditure will drive growth in the forecast period. Factors that could hinder the growth of the OOC market in the future include compatibility problems that may occur due to the lack of standardization, OOCs are not high throughput to conduct multiple assays, cell survivability issues, the COVID-19 pandemic, and resistance in the adoption and regulation of new medical options can negatively impact the market growth.

Market Scope:

1) By Organ Type: Lung-On-Chip; Heart-On-Chip; Liver-On-Chip; Intestine-On-Chip; Kidney-On-Chip; Skin-On-Chip; Blood-Brain-Barrier-On-Chip; Other Organ Models

2) By Application: Toxicology Research; Drug Discovery; Molecular Biology; Disease Modelling; Food Safety; Other Applications

3) By End-User: Biopharmaceutical companies; Academics; Food & Beverages; Other Commercial Industries

4) By Products and Services: Devices; Testing Services

5) By Type Of Material: Polymer; PDMS; Glass; Silicon

Browse the report description and TOC:

https://www.marketinsightsreports.com/reports/11103735704/organ-on-chip-ooc-global-market-opportunities-and-strategies-to-2030-covid-19-impact-and-recovery-including-1-by-organ-type-lung-on-chip-heart-on-chip-liver-on-chip-intestine-on-chip-kidney-on-chip-skin-on-chip-blood-brain-barrier-on-chip-other-organ-models-2-by-application-toxicology-research-drug-discovery-molecular-biology-disease-modelling-food-safety-other-applications-3-by-end-user-biopharmaceutical-companies-academics-food-beverages-other-commercial-industries-4-by-products-and-services-devices-testing-services-5-by-type-of-material-polymer-pdms-glass-silicon-covering-emulate-inc-mimetas-bv-axosim-inc-nortis-inc-tissuse-gmbh?Mode=A28

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Organic Soft Drinks market.

Regional Analysis:

Region Coverage: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Countries Coverage: USA, France, Germany, UK, China, Australia, India, Indonesia, Japan, South Korea, Russia, Brazil

North America was the largest market for OOC, accounting for 55.7% of the global market in 2020. It was followed by Europe, Asia and then rest of the world. Going forward, Asia and Rest of the world will be the fastest growing regions in the OOC market, where growth will be at CAGRs of 34.1% and 33.0% respectively during 2020-2025. These will be followed by Europe and North America where the markets are expected to grow at CAGRs of 28.5% and 26.9% respectively.

The study objectives of this report are:

To study and analyze the global Organ-On-Chip (OOC) size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2025, and forecast to 2030.
To understand the structure of Organ-On-Chip (OOC) by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Organ-On-Chip (OOC) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Organ-On-Chip (OOC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Organ-On-Chip (OOC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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