Organ-On-Chip Market was valued at USD 34.07 Mn in 2021 and is expected to reach USD 308.38 Mn by 2029, exhibiting a remarkable CAGR of 31.7 Percent during the forecast period.

Organ-On-Chip Market Report Scope and Research Methodology:

The report, titled "Organ-On-Chip Market Report," provides comprehensive insights into the market dynamics, research methodology, drivers, restraints, and regional trends. The research highlights the key factors driving the growth of the Organ-On-Chip market, including the rising demand for alternatives to animal models in research, increased research funding and venture capital investments, technological advancements, product launches, and strategic collaborations between pharmaceutical industries and Organ-On-Chip manufacturers. Additionally, the report emphasizes the role of healthcare expenditure, the growing rate of organ transplants, and the advancement in healthcare devices as major drivers for the market.

The report provides a comprehensive assessment of the Organ-On-Chip market, offering insightful analysis, historical data, industry-validated market data, and projections. It also includes competitive analysis of key players, market segmentation by type, source, end-user, and region, as well as PEST analysis, PORTER's analysis, and SWOT analysis. The report aims to guide stakeholders in prioritizing efforts and investments in the emerging segments of the global Organ-On-Chip market.

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Organ-On-Chip Market Dynamics:

To support research activities, government agencies are providing grants to companies, fostering innovation and development in the Organ-On-Chip field. For instance, Emulate, Inc. received a research grant of USD 2 Mn from the National Centre for Advancing Translational Sciences (NCATS) in July 2021 to develop an automated research platform using its human Brain-Chip system for experiments on the International Space Station. However, the report also identifies challenges faced by the pharmaceutical industry, such as rising costs and declining efficiency in drug research and development. Additionally, the lack of adoption of innovative technologies in underdeveloped nations is expected to hinder market growth.

The report highlights that the lung-on-chip segment accounted for the highest market share in 2021 due to the shortage of donor lungs for transplantation and the increasing demand for laboratory-engineered functional organs. Moreover, the heart-on-chip segment is expected to witness the highest growth rate from 2021 to 2029, driven by the expanding applications of Organ-On-Chip devices in the treatment of cardiac diseases, including heart failures.

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Organ-On-Chip Market Regional Insights:

In terms of regional analysis, North America is projected to dominate the Organ-On-Chip market, followed by Europe, throughout the forecast period. Factors contributing to North America's leadership include the availability of advanced Organ-On-Chip technologies, the presence of key pharmaceutical companies, favorable government initiatives in terms of funding and research programs, and significant investments in research institutions. Notably, the Wyss Institute received substantial grant money from the US FDA to employ its Organ-On-Chip technology for testing human physiological responses to radiation and evaluating counteracting drugs.

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Organ-On-Chip Market Segmentation

By Offering:

• Services
• Products

By Type:

• Liver-on-Chip
• Lung-on-Chip
• Kidney-on-Chip
• Heart-on-Chip
• Intestine-on-Chip
• Brain-on-Chip
• Others

By Application:

• Toxicology Research
• Physiological Model Development
• Drug Discovery

By End-User:

• Pharmaceutical & Biotechnology Companies
• Academic Research Institutes
• Others

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Organ-On-Chip Market Key Competitors include:

• Emulate Inc.
• TissUse GmbH
• Kirkstall Ltd.
• CN Bio Innovations Ltd
• Ascendance Biotechnology, Inc.
• Nortis, Inc.
• Mimetas B.V.
• Hurel Corporation
• Organovo Holdings, Inc.
• CN Innovations Holdings Limited
• Axosim Technologies LLC
• Insphero Ag
• Hesperos Inc
• Tara Biosystems
• SynVivo

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Table of Content for Organ-On-Chip Market

1. Global Organ-On-Chip Market: Research Methodology

2. Global Organ-On-Chip Market: Executive Summary

• Market Overview and Definitions
o Introduction to Global Market
• Summary
o Key Findings
o Recommendations for Investors
o Recommendations for Market Leaders
o Recommendations for New Market Entry

3. Global Organ-On-Chip Market: Competitive Analysis

• MMR Competition Matrix
o Market Structure by region
o Competitive Benchmarking of Key Players
• Consolidation in the Market
o M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o South America
• COVID-19 Impact

4. Global Organ-On-Chip Market Segmentation

• Global Market, by Offering (2021-2029)
• Global Market, by Type (2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by End-User (2021-2029)

5. Regional Organ-On-Chip Market (2021-2029)

• Regional Market, by Offering (2021-2029)
• Regional Market, by Type (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by End-User (2021-2029)
• Regional Market, by Country (2021-2029)

6. Company Profile: Key players

• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Offering, Type, Application and End-User
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
 Competitive landscape - Market Leaders, Market Followers, Regional player
 Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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