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. 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 report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2022-2032. According to the regional analysis, the market is primarily spread over key geographical regions as follows:It puts examines drivers and restraints of the Organs-on-Chips market and analyzes their impact on the industry throughout the forecast period.

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 Key Players operating in the industry are:

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

Radical Features of the Organs-on-Chips Market Report:

• The report encompasses Organs-on-Chips market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
• An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
• Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
• Supply chain analysis along with technological advancements offered in the report
• The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Organs-on-Chips industry

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Segmentation:

• 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

Regional Analysis Covers:

• North America (U.S., Canada)
• Europe (U.K., 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, U.A.E., South Africa, Rest of MEA)

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Read similar reports by Emergen Research:

•  Organ on a Chip Market Size
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•  Organ on a Chip Market Trends
•  Organ on a Chip Regional Market Demand
•  Organ on a Chip Market Analysis
•  Organ on a Chip Market Top Companies
•  Organ on a Chip Market News
•  Organ on a Chip Market Executive Summary

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