The global organs-on-chips market stands at a valuation of US$ 79 million and is anticipated to balloon to a size of US$ 339.5 million by the end of 2027. This is because worldwide sales of organs-on-chips are projected to increase at an astronomical CAGR of 33.8% over the next five years. Advancements in organ-on-chip technology are expected to be of prime importance in driving market development over the coming years. Demand for lungs-on-chips is anticipated to be higher than demand for heart-on-chips over the coming years.
The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Organs-on-Chips Market both at worldwide and provincial levels.
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Market Players: –
- CN Bio Innovations
- InSphero
- BioIVT
- Kirkstall
- HemoShear Therapeutics LLC
- Visikol
- SynVivo
- AxoSim
- Nortis
- Emulate Inc.
- Tara Biosystems Inc.
- MIMETAS
- Organovo Holdings Inc.
- TissUse GmbH
- Hesperos Inc.
Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.
Competitive Landscape
Organ-on-chip manufacturers are expected to advance their research scope by increasing investments in the R&D division and leveraging strategies such as collaborations, mergers, acquisitions, and partnerships as well.
- In April 2022, Valo Health, a technology company focused on revolutionizing the drug discovery process, announced that it was acquiring TARA Biosystems to bolster its cardiovascular drug discovery business. TARA’s 3D heart tissue modelling platform and its heart tissue chips will be key to Valo’s advancements in cardiovascular drug discovery and development.
This latest organs-on-chips market study by analysts at Fact.MR, a market research and competitive intelligence provider, has profiled key companies such as CN Bio Innovations, InSphero, BioIVT, Kirkstall, HemoShear Therapeutics LLC, Visikol, SynVivo, and AxoSimto, to highlight organ-on-a-chip applications and organ-on-a-chip challenges that prime organizations are focusing on.
Key Segments in Organs-on-Chips Industry Research
- By Organ :
- Liver
- Heart
- Lungs
- Other Organs
- By Application :
- Drug Discovery
- Toxicology Research
- Other Applications
- By End User :
- Pharmaceutical & Biotechnology Companies
- Academic & Research Institutions
- Other End Users
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
How Fact.MR Assists in Making Strategic Moves?
The data provided in the Organs-on-Chips Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
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