Press release
Organ-On-Chip Market Size Forecast: 31.7% CAGR Through 2024 to 2030
๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐จ๐ซ ๐๐๐๐ซ๐๐๐ฌ๐ ๐๐จ๐ซ ๐ฐ๐ก๐๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ:The organ-on-chip market is experiencing significant growth driven by increasing demand for advanced drug testing, personalized medicine, and more accurate disease modeling. These microfluidic devices, which simulate human organ systems on a chip, offer substantial advantages over traditional in vitro and animal testing methods by providing more precise and relevant biological responses. The rising focus on reducing drug development costs and improving the efficiency of preclinical testing is fueling the demand for organ-on-chip technologies. Additionally, the integration of advanced materials and technologies, such as stem cell biology and artificial intelligence, is enhancing the capabilities and applications of these devices. As the need for more reliable and human-relevant data grows, the organ-on-chip market is expected to expand further, with innovations and advancements driving its adoption across pharmaceutical, biotechnology, and research sectors.
๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The market for organ-on-chips was estimated to be worth US$ 59.09 million in 2023 and is projected to grow at a CAGR of 31.7% to reach US$ 406.10 million by 2030.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/29364/
๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐
Services
Products
๐๐ฒ ๐๐ฒ๐ฉ๐
Liver-on-Chip
Lung-on-Chip
Kidney-on-Chip
Heart-on-Chip
Intestine-on-Chip
Brain-on-Chip
Others
The market share held by the lung-on-chip segment was the greatest because to the significant number of patient deaths caused by the shortage of donor lungs for transplantation. Thus, it is expected that the growing market would be supported in part by the increasing need for the development of functioning organs designed in laboratories. Recellularized solid organs have the brief capacity to carry out organ-specific tasks, suggesting that engineered solid organs may one day be used in clinical settings. Furthermore, because more organ-on-chip devices are being used to treat various cardiac conditions, including heart failure, the heart-on-chip market is predicted to grow at the fastest rate between 2022 and 2029.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Toxicology Research
Physiological Model Development
Drug Discovery
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Pharmaceutical & Biotechnology Companies
Academic Research Institutes
Others
๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The organ-on-chip market represents a cutting-edge segment of biomedical research, focused on creating miniature models that replicate human organ functions on a microchip. These devices integrate living cells and tissues into a microfluidic system, enabling researchers to study organ-level responses in a controlled environment. The market is driven by increasing demand for advanced drug testing methods, personalized medicine, and better understanding of disease mechanisms. Key players include technology developers, biotechnology firms, and research institutions that contribute to innovations and applications in drug discovery, toxicity testing, and disease modeling. The market's growth is supported by technological advancements, increasing investments in research and development, and collaborations between industry and academia, aimed at enhancing the efficacy and precision of biomedical research and development.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/29364/
๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ?
The organ-on-chip market is experiencing notable growth in regions such as North America, Europe, and Asia-Pacific. North America leads due to its advanced healthcare infrastructure, significant investment in R&D, and a strong focus on drug development and personalized medicine. Europe follows with substantial investments in biotechnology and a growing emphasis on innovative healthcare solutions. Meanwhile, the Asia-Pacific region is witnessing a rapid increase in demand driven by advancements in medical research, rising healthcare expenditures, and expanding biotechnology industries. This regional growth is supported by government initiatives and increasing collaborations between research institutions and biotech companies, which are accelerating the adoption and development of organ-on-chip technologies globally.
๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The scope of the organ-on-chip market includes a diverse range of applications such as drug development, disease modeling, and personalized medicine, with a focus on creating miniature, functional replicas of human organs. The methodology for analyzing this market involves a combination of qualitative and quantitative approaches, including market segmentation by type, application, and region. Research methods include comprehensive literature reviews, expert interviews, and market surveys to gather data on industry trends, technological advancements, and competitive dynamics. Additionally, data analytics tools and models are used to forecast market growth, assess the impact of regulatory developments, and evaluate emerging opportunities within the organ-on-chip landscape. This approach ensures a thorough understanding of the market's potential and challenges, providing valuable insights for stakeholders and decision-makers.
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/29364/
๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
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
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐:https://www.maximizemarketresearch.com/market-report/global-organ-on-chip-market/29364/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is Organ-On-Chip?
โข What is the growth rate of the Organ-On-Chip?
โข Which are the factors expected to drive the Organ-On-Chip market growth?
โข What are the different segments of the Organ-On-Chip?
โข What growth strategies are the players considering to increase their presence in Organ-On-Chip?
โข What are the upcoming industry applications and trends for the Organ-On-Chip?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the Organ-On-Chip?
โข What major challenges could the Organ-On-Chip face in the future?
โข What segments are covered in the Organ-On-Chip?
โข Who are the leading companies and what are their portfolios in Organ-On-Chip?
โข What segments are covered in the Organ-On-Chip?
โข Who are the key players in the Organ-On-Chip market?
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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