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Organs-on-chips Market worth $923.59 million by 2030, growing at a CAGR of 33.92% - Exclusive Report by 360iResearch
The "Organs-on-chips Market by Type (Brain-on-a-chip, Heart-on-a-chip, Kidney-on-a-chip), Application (Drug Discovery, Physiological Model Development, Toxicology Research), End-user - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Organs-on-chips Market to grow from USD 119.50 million in 2023 to USD 923.59 million by 2030, at a CAGR of 33.92%.
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Organs-on-chips are microfluidic devices that simulate the physiological responses of organ systems in an in vitro setting. Organs-on-chips are composed of a transparent, flexible polymer; these chips contain microchannels lined with living cells and tissue that mimic the structure and function of full-sized organs. By replicating the biological and mechanical environment of human organs, these devices offer a sophisticated platform for disease modeling, drug testing, and personalized medicine while reducing the need for animal testing. The pressing need for more predictive and accurate models for drug discovery and safety testing boosts the importance of organs-on-chips models. Additionally, regulatory shifts towards reducing animal testing bolster the adoption of organs-on-chips models. However, the integration of organs-on-chips into mainstream research and industry impacts its adoption. Furthermore, technological advancements in microfluidics and 3D cell culture create substantial opportunities for organ-on-chips adoption.
The American region, including the United States & Canada, is at the forefront of the organs-on-chips market, driven by strong research institutions, substantial investments, and supportive government initiatives. Customer needs in the American region focus on drug development efficiency and personalized medicine applications. The European Union has been a supportive environment for organs-on-chips technology, facilitated by funding initiatives. The focus in the European Union is on enhancing drug discovery and safety testing, reducing animal testing, and improving patient outcomes. There is a strong emphasis on regulatory considerations and ethical standards. The Middle East, though nascent in the organs-on-chips market, shows potential for growth. Investments in healthcare infrastructure and a burgeoning interest in advanced technologies suggest expanding opportunities, especially in academic and research institutions. In the APAC region, China, Japan & India are rapidly emerging as key regions in the organs-on-chips market, with significant investments in research and development. The government and private sector's emphasis on healthcare innovation has fueled the expansion of organ-on-chips technology, focusing on drug development and disease models.
Market Segmentation & Coverage:
This research report categorizes the Organs-on-chips Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Brain-on-a-chip, Heart-on-a-chip, Kidney-on-a-chip, Lung-on-a-chip, and Skin-on-a-chip. The Kidney-on-a-chip is projected to witness significant market share during forecast period.
Based on Application, market is studied across Drug Discovery, Physiological Model Development, and Toxicology Research. The Toxicology Research is projected to witness significant market share during forecast period.
Based on End-user, market is studied across Academic & Research Institutes, Cosmetics Industry, and Pharmaceutical & Biotechnology Companies. The Academic & Research Institutes is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 41.36% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Organs-on-chips Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Organs-on-chips Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Organs-on-chips Market, highlighting leading vendors and their innovative profiles. These include 4DCell, AlveoliX AG, AxoSim, Inc., Beonchip S. L., Bi/ond Solutions B.V., BICO Group AB, BiomimX S.r.l., Cherry Biotech, CN Bio Innovations Limited, Curi Bio, Inc., Dynamic42 GmbH, Elveflow, Emulate, Inc., Emulate, Inc. by UAMS, InSphero AG, Kirkstall Ltd., Micronit B.V., Mimetas B.V., NETRI SAS, Nortis Inc., SynVivo, Inc., TissUse GmbH, uFluidix, and Valo Health, Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Organs-on-chips Market, by Type
7. Organs-on-chips Market, by Application
8. Organs-on-chips Market, by End-user
9. Americas Organs-on-chips Market
10. Asia-Pacific Organs-on-chips Market
11. Europe, Middle East & Africa Organs-on-chips Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Organs-on-chips Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Organs-on-chips Market?
3. What is the competitive strategic window for opportunities in the Organs-on-chips Market?
4. What are the technology trends and regulatory frameworks in the Organs-on-chips Market?
5. What is the market share of the leading vendors in the Organs-on-chips Market?
6. What modes and strategic moves are considered suitable for entering the Organs-on-chips Market?
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