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.

The Global Organs-On-Chips market drivers and restraints Market report, released by Emergen research, provides the target audience with the key information pertaining to the global Organs-On-Chips market drivers and restraints Market industry. The research contains the details about the latest events in the Organs-On-Chips market drivers and restraints market including but not limited to the product launches, acquisition and mergers, collaborations and technology advancements with an aim to help business evangelists, product owners and marketing personnel understand what the future demands, customer preferences, consumption volume, production capacity and supply chain management of the Organs-On-Chips market drivers and restraints market will be like.

 

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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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