Organ-On-Chip Market was valued USD 59.09 Mn in 2023 and is expected to reach USD 406.10 Mn by 2030, at CAGR of 31.7 percent during forecast period.

(EMAILWIRE.COM, July 20, 2024 ) North America was expected to dominate the market followed by Europe, in 2023 and it is expected to continue during the forecast period. Many key players in North America are working to improve the costly and time-consuming drug discovery process by innovating and adopting organ-on-chip technologies. Significant investments are being made by public and private institutions for research purposes. For Example: The Wyss Institute received nearly USD 5.6 million in grant money from the US FDA to Use its organ-on-chip technology to test human physiological responses to radiation as well as to assess drugs designed to counter radiation effects.

Key Highlights of Organ-On-Chip Market:

The Organ-On-Chip Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

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Global Organ-On-Chip Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Organ-On-Chip Market are also profiled.

Organ-On-Chip Market Segmentation:

By offering:

Services

Products

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By Type:

Liver-on-Chip

Lung-on-Chip

Kidney-on-Chip

Heart-on-Chip

Intestine-on-Chip

Brain-on-Chip

Others

By Application:

Toxicology Research

Physiological Model Development

Drug Discovery

By End-User:

Pharmaceutical & Biotechnology

Companies

Academic Research Institutes

Others

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Key Players of Organ-On-Chip Market:

Emulate Inc.

TissUse GmbH

Kirkstall Ltd.

CN Bio Innovations Ltd

Ascendance Biotechnology, Inc.

Nortis, Inc.

Mimetas B.V.

Hurel Corporation

Organovo Holdings, Inc.

CN Innovations Holdings Limited

Axosim Technologies LLC

Insphero Ag

Hesperos Inc

Tara Biosystems

SynVivo

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