The Organ-On-Chip Market was valued at an estimated USD 25 million in 2020, and it is expected to reach USD 115 million by 2027, registering a CAGR of 30% over the forecast period 2021-2027.
OOC (organ-on-a-chip) is a microfluidic cell culture device, developed using a microchip manufacturing method that includes a continuous perfusion chamber inhabited by living cells arranged to simulate physiology at the tissue and organ levels. These chips form narrow passages for blood and airflow in organs such as the lungs, intestines, liver, and heart. These devices create multiple levels of tissue and organ function that cannot be realized using conventional 2D and 3D culture systems. Organ-on-chip offers a wide range of applications such as disease modeling, patient stratification, and phenotypic screening.
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A full report of Global Organ-On-Chips Market is available at: https://www.orionmarketreports.com/organ-on-chips-market/54822/
Market Segments
By Type
- Liver-on-a-chip
- Kidney-on-a-chip
- Lung-on-a-chip
- Heart-on-a-chip
- Intestine-on-a-chip
- Brain-on-a-chip
- Other Organs.
By Application
- Pharmaceutical and Biotechnology Companies
- Academic and Research Institutes
- Cosmetics Industry
- Other End Users
Key Players
Prominent players in this market include Mimetas (Netherlands), Emulate (US), InSphero (Switzerland), Ascendance Bio (US), CN Bio (UK), TissUse (Germany), Kirkstall (UK), HUREL (HUREL) (US), SynVivo (US), AxoSim (US), and Nortis (US).
Scope of the Report
The research study analyzes the global Organ-On-Chips industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Organ-On-Chips Market Report
1. What was the Organ-On-Chips Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Organ-On-Chips Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Organ-On-Chips Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Organ-On-Chips market.
- The market share of the global Organ-On-Chips market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Organ-On-Chips market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Organ-On-Chips market.
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