Press release
Organ-On-Chip Market Industry Analysis by Trends, Future Demands and Forecast Till 2029
6.9.2023: Organ-On-Chip Market is expected to reach USD 308.38 Mn by 2029, at CAGR of 31.7% during forecast period.Organ-On-Chip Market Report Scope and Research Methodology
Report Scope:
The Global Organ-On-Chip Market Report 2022-2029 provides comprehensive insights into the market dynamics, drivers, restraints, and regional trends in the field of organ-on-chip technology. The report analyzes the market's current status and future growth prospects, offering valuable data for businesses and stakeholders.
Research Methodology:
Our research methodology includes a thorough analysis of market trends, historical data, industry-validated information, and projections based on well-defined assumptions. We have employed PEST analysis, PORTER's analysis, and SWOT analysis to provide a holistic understanding of the market dynamics and competitive landscape.
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What are Organ-On-Chip Market Dynamics?
The demand for alternatives to animal models in research, research funding and venture capital investments, technological developments, product launches, and M&A between pharmaceutical businesses and organs-on-chips producers are the primary factors driving the growth of the organ-on-chip market. The demand for organs on a chip is anticipated to increase as a result of factors like the development of medical technology and the rise in organ transplantation rates. The market for organs on a chip is anticipated to increase due to rising chronic illness mortality rates, increased healthcare spending around the world, improvements in medical technology, and organ transplants.
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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
Who are Organ-On-Chip Market Key Players?
1.Emulate Inc.
2.TissUse GmbH
3.Kirkstall Ltd.
4.CN Bio Innovations Ltd
5.Ascendance Biotechnology, Inc.
6.Nortis, Inc.
7.Mimetas B.V.
8.Hurel Corporation
9.Organovo Holdings, Inc.
10.CN Innovations Holdings Limited
11.Axosim Technologies LLC
12.Insphero Ag
13.Hesperos Inc
14.Tara Biosystems
15.SynVivo
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Regional Insights:
In 2022, North America was anticipated to lead the market, followed by Europe, and this trend is anticipated to hold throughout the forecast period. The market's availability of new and sophisticated organs-on-chips and the presence of significant pharmaceutical businesses are two examples of the factors that favour North America. Additionally, attractive government financing and programme initiatives for basic medication development and research. By developing and utilising organ-on-chip technology, many major firms in the area are attempting to improve the expensive and time-consuming drug discovery process. Both governmental and corporate institutions are making large investments in research.
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 Product
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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