Organs-On-Chips Market Trends, Key Players, DROT, Analysis & Forecast Till 2027
In the latest report titled ‘Global
Organs-on-Chips Market,’ published by Emergen Research, our expert team has
performed meticulous research on The global organ on a chip market size is
expected to reach USD 209.4 Million at a steady CAGR of 28.1% in 2028,
according to latest analysis by Emergen Research. Steady market revenue growth
can be attributed to growing demand for organ on a chip for drug development
and screening to reduce monetary losses associated with drug failures. The
cost-effectiveness, miniaturized scale, and accurate control of organ on a chip
over the mechanical and chemical microenvironment are garnering significant
traction across pharmaceutical and biotechnology companies to reduce rate of
drug failure.
Growing demand for
organ on a chip for drug development and screening to reduce monetary losses
associated with drug failures is a significant factor driving global organ on a
chip market growth
Currently, two-dimensional novel drugs screening and
in-vitro pharmacokinetics and pharmacodynamics analysis are prevalent practices
before a drug can be sent to the next phase, such as preclinical testing phase.
However, human body organs are three-dimensional entities and their intricate
behavior cannot be effectively modeled in two-dimensional cultures. Use of
organ on a chip provide a microenvironment that mimics the pathophysiological
conditions of the human body and thus, helps in saving substantial financial
losses by substituting the trial and error method with a more reliable and
efficient process.
The study examines historical data collected from the years
2019 and 2020 and considers 2021 as the base year to project the growth of the
industry until the year 2028. It performs a detailed analysis of the market
size, share, demand, trends, revenue, and sales to track the development of the
industry through the years.
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Report Consists of the Following:
Introduction, Overview, and in-depth industry analysis are
all included in the updated report.
The COVID-19 Pandemic Outbreak Impact Analysis is included
in the package
About 225+ Pages Research Report (Including Recent
Research)
Provide detailed chapter-by-chapter guidance on Request
Updated Regional Analysis with Graphical Representation of
Size, Share, and Trends for the Year 2022
Includes Tables and figures have been updated
The most recent version of the report includes the Top
Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
The major manufacturers covered in this report:
MIMETAS BV, SynVivo Inc., Emulate Inc., InSphero AG, CN Bio,
Nortis Inc., Organovo Holdings Inc., TissUse GmbH, AxoSim Inc., and Kirkstall
Ltd
A quick look at the industry trends and opportunities
All of the segments studied in the research study are
analyzed on the basis of BPS, market share, revenue, and other important
factors. Our research study shows how different segments are contributing to
the growth of the global Organs-on-Chips market. It also provides information
on key trends related to the segments included in the report. This helps market
players to concentrate on high-growth areas of the global Organs-on-Chips
market. The research study also offers separate analysis on the segments on the
basis of absolute dollar opportunity.
The study evaluates the ever-changing industry dynamics that
are expected to affect the trajectory of the overall market. Our expert
analysts scrutinize the historical trends in the market and compare it to the
contemporary market trends, to estimate the trajectory that the market might
follow in the forecast period. For an in-depth discussion regarding the global
Organs-on-Chips market, analysts segment the market parameters based on the
application, product, and end-users.
Segments Covered in this report are:
- Type
Outlook (Revenue, USD Million; 2018–2028)
- Liver-on-Chip
- Multiple
organ on a chip
- Kidney-on-Chip
- Heart-on-Chip
- Lung-on-Chip
- Intestine-on-Chip
- Others
- Application
Outlook (Revenue, USD Million; 2018–2028)
- Drug
Discovery
- Physiological
Model Development
- Toxicology
Research
- End-Use
Outlook (Revenue, USD Million; 2018–2028)
- Pharmaceutical
Firms
- Research
Institutes
- Personal
Care Industry
- Others
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Some Key Highlights from the Report
- In March 2021, CN Bio, which is a
company engaged in the development of organ on a chip, announced the
commercial launch of PhysioMimix, which is an innovative organ on a chip
micro-physiological system.
- Cardiovascular disease is a leading
cause of deaths worldwide. The advent of organ on a chip has allowed
conducting of invitro cardiac tissue’s bionic researches. A heart-on-chip
reproduces heart mechanisms to test drug compounds quickly and study the
heart cells’ response. The microphysiological heart-on-chip provides a
simple and cost-effective means to study cardiovascular diseases, develop
drugs and test cardiotoxicity, provide personalized medication, and
regenerate damaged tissues.
- organ on a chip, including liver, lungs,
brain, or heart deliver an enhanced functionality level and biology
control to imitate the effects that would occur by the application of a
personal care and cosmetic product in the human biological system and,
thus, helps to predict effectiveness of a cosmetic product and its
side-effects on humans.
- organ on a chip market in North America
accounted for largest revenue share in 2020, attributed to increasing
research and development activities of organ on a chip, rapid adoption of
advanced technologies, and increased investments by pharmaceutical
companies in drug discovery. In addition, presence of leading firms
providing organ on a chip are causative of robust market growth in the
region.
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Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/organs-on-chips-market
The professional intelligence study on the Organ on a
Chip market addresses some of the most critical questions:
What market
size will 2031 be, and what growth rate will it experience?
What are
the key trends in the Market?
What are
the driving forces behind the Organ on a Chip market?
What are the obstacles to
market growth?
Which are
the top vendors in this space?
What are
the threats and opportunities in the market for key vendors?
What are
the strengths or weaknesses of critical vendors?
What are
the future opportunities for the players in the Organ on a Chip
market?
What are
the main issues facing the global Organ on a Chip market?
How does
the competitive landscape look?
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