Worldwide Sales of Organs-On-Chips Are Projected To Increase At An Astronomical CAGR of 33.8% Over 2027

The global organs-on-chips market stands at a valuation of US$ 79 million and is anticipated to balloon to a size of US$ 339.5 million by the end of 2027. This is because worldwide sales of organs-on-chips are projected to increase at an astronomical CAGR of 33.8% over the next five years.

Advancements in organ-on-chip technology are expected to be of prime importance in driving market development over the coming years. Demand for lungs-on-chips is anticipated to be higher than demand for heart-on-chips over the coming years.

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For structuring this Organs-on-Chips market research report the team of experienced market researchers and key analysts have worked dedicatedly. This market report contains an analysis of the market segments and key companies taking part in the arcade. This further includes a brief on the market risks, entry barriers, and sales channel distributors referring to the Organs-on-Chips market. Business can further decide their course of action on the basis of insights recorded under this research. The production and marketing strategies are some of the immediate arenas of change that can be guided by research findings and future forecasts.

The wide-ranging market analysis continuously gives insights based on positive developments and cost-benefit analysis on the parent market.
The futuristic chart elaborating on the CAGR values with respect to the market is added in the later part of this report. Paying attention to the competitive landscape this research has brought forward the key competition companies in the arcade including their strategic company players in this market. This part is further extended to details of each company and its market share. All included statistical data is interpreted in correlation with core competencies, details of regional expansion, and the use of advanced tools for analysis of the Organs-on-Chips market.

Competitive Landscape

Organ-on-chip manufacturers are expected to advance their research scope by increasing investments in the R&D division and leveraging strategies such as collaborations, mergers, acquisitions, and partnerships as well.

• In April 2022, Valo Health, a technology company focused on revolutionizing the drug discovery process, announced that it was acquiring TARA Biosystems to bolster its cardiovascular drug discovery business. TARA's 3D heart tissue modelling platform and its heart tissue chips will be key to Valo's advancements in cardiovascular drug discovery and development.

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Key Companies Profiled

• InSphero
• BioIVT
• Kirkstall
• HemoShear Therapeutics LLC
• Visikol
• SynVivo
• AxoSim
• Nortis
• Emulate Inc.
• Tara Biosystems Inc.
• MIMETAS
• Organovo Holdings Inc.
• TissUse GmbH

Key Segments in Organs-on-Chips Industry Research

• By Organ :

o Liver
o Heart
o Lungs
o Other Organs

• By Application :

o Drug Discovery
o Toxicology Research
o Other Applications

• By End User :

o Pharmaceutical & Biotechnology Companies
o Academic & Research Institutions
o Other End Users

• By Region :

o North America
o Latin America
o Europe
o APAC
o MEA

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Questionnaire answered in the Organs-on-Chips Market report include:

• How the market for Organs-on-Chips has grown?
• What is the present and future outlook of the global Organs-on-Chips on the basis of region?
• What are the challenges and opportunities for the Organs-on-Chips?
• Why the consumption of Organs-on-Chips highest in region?
• In which year segment is expected to overtake segment?

What makes Fact.MR report stand out from others?

• Fact.MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Organs-on-Chips market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.

• Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Organs-on-Chips market, thus, making it different and special from other reports.

• Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.

• Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Organs-on-Chips market and assists to create strategies to overcome the obstacles that may hinder the growth of the Organs-on-Chips market.

• Leverage: The Organs-on-Chips market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.

• Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.

• Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Organs-on-Chips market.

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