The Booming Organ-on-Chip Market Globally with Latest Trends, Analysis, Business Opportunities and Future Scope by 2028

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Organ-on-a-chip market size – USD 27.5 million in 2020, market growth – at a CAGR of 28.1%

VANCOUER, BC, CANADA, May 8, 2022 /EINPresswire.com/ — The global organ-on-chip market size is expected to reach USD 209.4 million at a stable CAGR of 28.1% in 2028, according to the latest analysis from Emergen Research. The steady growth in market revenue can be attributed to the growing demand for organs on a chip for drug development and screening to reduce financial losses associated with drug failures. The cost-effectiveness, miniaturized scale, and precise control of the organ-on-chip over the mechanical and chemical microenvironment are attracting considerable interest from pharmaceutical and biotechnology companies to reduce the failure rate of drugs.

The organs of the human body are three-dimensional entities and their complex behavior cannot be effectively modeled in two-dimensional cultures. The use of organs on a chip provides a microenvironment that mimics the pathophysiological conditions of the human body and thus helps to save substantial financial losses by replacing the trial and error method with a more reliable and efficient process.

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This report focuses on Global Organ-on-Chip Market 2027 volume and value at global position, native position and enterprise position. Comprehensive analysis of the global Organ-on-Chip Market of business models, crucial means, and individual demand shares of some of the most notable players in this geography.

Some of the major companies influencing this market include:

MIMETAS BV, SynVivo Inc., Emulate Inc., InSphero AG, CN Bio, Nortis Inc., Organovo Holdings Inc., TissUse GmbH, AxoSim Inc. and Kirkstall Ltd

Market Segment Analysis:

The Organ-on-Chip Market Solution Report provides a primary review of the industry along with definitions, classifications, and form of the business chain. Market analysis is provided for global markets which includes improving trends, assessment of hostile views and development of key regions. Development policies and plans are discussed in addition to manufacturing strategies and royalty systems are also analyzed. This file also indicates import/export consumption, supply and demand, expenses, sales and gross margins.

Our sample free reports include:

In-depth industry analysis, introduction, overview and outbreak of COVID-19 pandemic.

Providing Guidance by Chapter on Demand 2021 Updated Regional Analysis with Graphical Representation of Trends, Size and Share, includes an updated list of Figures and Tables.

The updated report includes key market players with their sales volume, business strategy, and revenue analysis using Emergen Research methodology.

Some highlights of the report:

Cardiovascular disease is one of the leading causes of death worldwide. The advent of organs on a chip has made it possible to conduct in vitro bionic research on cardiac tissue. A heart-on-a-chip mimics cardiac mechanisms to rapidly test drug compounds and study heart cell response.

The microphysiological heart-on-chip offers a simple and cost-effective way to study cardiovascular disease, develop drugs and test cardiotoxicity, deliver personalized drugs, and regenerate damaged tissue.

organ-on-a-chip, including liver, lung, brain or heart, provides an enhanced level of functionality and biological control to mimic the effects that would occur from the application of a personal care and cosmetic product in the human biological system and, thus, helps to predict the effectiveness of a cosmetic product and its side effects on humans.

Browse Detailed Research Analysis Report of Organs on Chips Market @ https://www.emergenresearch.com/industry-report/organs-on-chips-market

Organ-on-Chip Market Segmentation

Emergen Research has segmented the global organ-on-chip market based on type, application, end-use, and region:

Type Outlook (Revenue, USD Million; 2018-2028)
Liver on a chip
Multiple organs on one chip
Kidney on chip
heart on chip
Lung on chip
gut on chip
Others

Application Outlook (Revenue, USD Million; 2018-2028)
drug discovery
Development of physiological models
Research in toxicology

End-Use Outlook (Revenue, USD Million; 2018-2028)
Pharmaceutical companies
Research institutes
Personal care industry
Others

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Regional Segmentation of the Organ-on-Chip Market;

North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)

Research covers the following objectives:

To study and analyze the global Organ-on-Chip market by key regions/countries, product type and application, historical data and forecast to 2027.

To understand the structure of Organ-on-Chip market by identifying its various subsegments.

Focuses on the key global Organ-on-Chip Market manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter’s Five Forces Analysis, SWOT analysis and development plans over the next few years.

To analyze the Organ-on-Chip Market with respect to individual growth trends, future prospects, and their contribution to the total market.

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