Press release
Global Organ-On-Chip Market to Surpass USD 400 Million by 2030
The global organ-on-chip market, valued at USD 59.09 million in 2023, is anticipated to reach USD 406.10 million by 2030, exhibiting a compound annual growth rate (CAGR) of 31.7% during the forecast period.This remarkable growth is driven by the increasing demand for alternatives to animal models in research, substantial research funding, venture capital investments, technological advancements, and strategic mergers and acquisitions between pharmaceutical companies and organ-on-chip manufacturers.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/29364/
๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ ๐ฎ๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
The organ-on-chip sector has witnessed significant mergers and acquisitions aimed at consolidating market positions and enhancing product offerings. Notably, collaborations between pharmaceutical industries and organ-on-chip manufacturers have been instrumental in driving market growth.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's biotechnology sector is experiencing growth, with increasing investments in research and development. The government's support for technological advancements presents opportunities for the adoption of organ-on-chip technologies in pharmaceutical research and development.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand is witnessing a rise in biomedical research initiatives. The country's focus on enhancing healthcare research infrastructure aligns with the global shift towards alternative testing models, positioning it favorably for the integration of organ-on-chip technologies.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's commitment to technological innovation in healthcare is evident through its substantial investments in research. The country's advanced pharmaceutical industry is exploring organ-on-chip systems to improve drug discovery processes and reduce reliance on animal testing.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea is actively investing in biotechnology and healthcare research. The government's initiatives to foster innovation create a conducive environment for the adoption and development of organ-on-chip technologies, enhancing the country's biomedical research capabilities.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's robust biomedical research ecosystem is supported by significant government funding and strategic partnerships. The nation's focus on cutting-edge healthcare solutions positions it as a hub for organ-on-chip research and development, attracting global collaborations.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
The United States leads in organ-on-chip technology adoption, driven by substantial research funding and the presence of key pharmaceutical companies. Government agencies, such as the National Center for Advancing Translational Sciences (NCATS), have awarded grants to companies like Emulate, Inc. to develop automated research platforms utilizing organ-on-chip systems.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe is embracing organ-on-chip technologies, with several countries investing in research to enhance drug development processes. Collaborations between academic institutions and industry players are fostering innovation, contributing to the market's growth in the region.
๐๐ฅ๐จ๐๐๐ฅ 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
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Toxicology Research
Physiological Model Development
Drug Discovery
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Pharmaceutical & Biotechnology Companies
Academic Research Institutes
Others
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐ญ๐๐ค๐ ๐ ๐ฌ๐ง๐๐๐ค ๐ฉ๐๐๐ค? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฌ๐๐ ๐ฐ๐ก๐๐ญ'๐ฌ ๐ข๐ง๐ฌ๐ข๐๐:https://www.maximizemarketresearch.com/request-sample/29364/
๐๐ฅ๐จ๐๐๐ฅ 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
๐ ๐จ๐ซ ๐๐๐๐ฉ๐๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ฉ๐๐ซ๐ฎ๐ฌ๐ ๐ญ๐ก๐ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/market-report/global-organ-on-chip-market/29364/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐ ๐๐ง-๐๐ง-๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Global Organ-On-Chip ?
What is the growth rate of the Global Organ-On-Chip Market?
What was the Global Organ-On-Chip Market size in 2023?
What are the upcoming opportunities and trends for the Global Organ-On-Chip Market?
What are the different segments of the Global Organ-On-Chip Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Global Organ-On-Chip Market?
What segments are covered in the Global Organ-On-Chip Market?
Which are the factors expected to drive the Global Organ-On-Chip Market growth?
What growth strategies are the players considering to increase their presence in Global Organ-On-Chip ?
Who are the leading companies and what are their portfolios in Global Organ-On-Chip Market?
Who are the key players in the Global Organ-On-Chip market?
What is the CAGR at which the Global Organ-On-Chip market will grow during the forecast period?
๐๐๐ ๐๐ซ ๐ญ๐จ ๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ฐ๐ก๐๐ญ'๐ฌ ๐ฐ๐ข๐ญ๐ก๐ข๐ง? ๐๐๐๐ฎ๐ซ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ๐๐๐ฒ:https://www.maximizemarketresearch.com/request-sample/29364/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
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
๐๐๐ญ๐๐ฌ๐ญ ๐๐ฎ๐ญ๐ญ๐ข๐ง๐ -๐๐๐ ๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐๐ซ๐จ๐ฆ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ :
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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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