Organ On Chip Market to Witness Massive Growth (2024-2031) | Emulate Inc., Mimetas B.V., Insphero

The Organ On Chip Market study by DataM Intelligence offer an in-depth analysis of the market, presenting insightful observations, statistics, historical data, and industry-validated market insights. The report delves into the competitive positioning of key companies, examining factors such as product offerings, pricing strategies, financial health, product portfolios, growth initiatives, and geographical reach.

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What is the projected growth rate (CAGR) of the Global Organ On Chip market from 2024 to 2031, and what is the market value expected to change by 2031?

The Global Organ-On-Chip Market reached USD 107.5 million in 2022 and is expected to reach USD 796.7 million by 2031 and is expected to grow with a CAGR of 29.6% during the forecast period 2024-2031.

An organ-on-chip is a micro-engineered device that simulates the functions of human organs, using tiny channels lined with living cells to mimic the tissue environment. These chips replicate physiological conditions, allowing researchers to study complex biological processes, disease progression, and drug responses in a highly controlled setting. Organ-on-chip technology is valuable in biomedical research, drug testing, and personalized medicine, as it offers a more accurate alternative to traditional cell cultures and animal testing by providing insights into human-specific biological interactions.

Key Developments:

On May 5, 2023, Benson Capital Partners made its first investment from the newly launched Benson Capital Fund I, supporting biotech firm AxoSim, Inc. AxoSim's proprietary NerveSim and BrainSim technologies allow biopharmaceutical researchers to predict human nervous system reactions to therapies early in drug development.

On February 27, 2023, CN Bio Innovations launched its PhysioMimix Single-organ Higher Throughput (HT) System, designed to make predictive human liver models more accessible in early-stage drug discovery, enabling larger-scale analysis of drug efficacy and safety.

On September 19, 2022, Emulate, Inc. introduced AAV transduction for its Liver-Chip model, allowing gene therapy researchers to assess the safety and efficiency of AAV vectors in human-relevant liver models within weeks, accelerating gene therapy development.

List of the Key Players in the Organ On Chip Market:

Emulate Inc., Mimetas B.V., Insphero, Organovo Holdings, CN Bio Innovations Ltd, BiomimX S.r.l., AxoSim, Inc., Hesperos Inc., TissUse GmbH and Nortis, Inc.

Research Process:

Both primary and secondary data sources have been used in the global Organ On Chip Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Organ On Chip Market:

By Model: Liver-On-Chip Model, Lung-On-Chip Model, Heart-On-Chip Model, Kidney-On-Chip Model, Tumor Models, Custom & Multi-Organ-On-Chip Models, Other

By Application: Drug Discovery, Physiological Model Development, Toxicology Research

By End User: Pharmaceutical & Biotechnology Companies, Academic & Research Institutes, Others

Regional Breakout:

The global Organ On Chip Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Organ On Chip Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Organ On Chip Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of New Zealand Food Testing and Certification manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of New Zealand Food Testing and Certification in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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Frequently Asked Questions

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