Organs-on-Chips Market Analysis, Revenue Share, & Forecast Till 2032

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 covers historical revenue and sales volume, and the data is further validated to provide a forecast market estimation of the market size and sales numbers for key regions along with types and end-user applications. Moreover, the report also includes macroeconomic factors and regulatory policies pertaining to the Organs-on-Chips industry for evaluation and predictive analysis. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario. 

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Competitive Outlook: The leading companies operating in the Organs-on-Chips market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Organs-on-Chips Market and Profiled in the Report are:

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

Objectives of the Report:

Study of the global Organs-on-Chips market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Organs-on-Chips market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Organs-on-Chips market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Organs-on-Chips market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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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

Regional Segmentation:

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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