Organ-On-A-Chip Market: Description

Tissue engineering and microfluidics are combined in the potentially game-changing technique known as organ-on-chip. These technologies are anticipated to offer efficient solutions to persistent problems in drug discovery and targeted illness treatment. It is crucial to medication development investigations, which helps the organ-on-chip market.The demand for lung-based organ culture and kidney applications, as well as an increase in the demand for drug screening, are what are driving the global market for organs on chips. The organ-on-chip market is anticipated to experience significant growth in the coming years due to the rise in research activities using organ-on-chip devices as an alternative to animal testing for the discovery of new drugs.

In addition, the healthcare sector’s spike in demand for organ-on-chip devices is anticipated to drive growth in the global organ-on-chip market. Real-time

 Organ-On-A-Chip Market: Overview

The global organ-on-chip market was valued at $103.44 million in 2020, and is projected to reach $1.6 billion by 2030, growing at a CAGR of 31.1% from 2021 to 2030. Organ-on-chip is a type of artificial organ that simulates human organs.

It is a multichannel 3D micro-fluidic cell culture apparatus that stimulates the physiological reactions, mechanisms, and activities of organs. A new model of in vitro multicellular human creatures has been developed as a result of the ability of researchers to analyse human physiology in an organ-specific environment using labs-on-chips (LOCs) and cell biology. This chip creates a small passageway for the blood and air to travel through many organs, including the heart, liver, brain, intestines, and lungs. These devices are built on a microchip with constantly perfused chambers populated by living cells and configured to stimulate physiology at the level of the tissues and organs. A silicone-based device called a “organ-on-chip” is utilised to foster internal organs.

Market Overview

The market for organs on chips is anticipated to expand more quickly thanks to strategic agreements between market participants and rising drug screening requirements.The global organ on chip market, however, has growth constraints due to greater development costs for the systems.The Asia-Pacific organ on chip market is predicted to rise throughout the study period, according to the regional analysis, as a result of the region’s increased emphasis on organ on chip technology research.

Organ on Chip Trends in Drug Screening to Open Up Huge Investment Opportunities

Due to rising trends of using organ on chip for drug screening and its use in speedy sample reviewing, the worldwide organ on chip market is expanding extremely quickly. Additionally, in-vitro study of biochemical and other forms of metabolic & genetic activity of bodily cells in tissues is carried out using organ on chip technology. The businesses operating in the worldwide organ-on-chip market are also employing successful techniques and tactics to introduce cutting-edge goods and expand their market share. For instance, AstraZeneca started working with Emulate in May 2018 to grow organs on chips in their laboratories. Additionally, the technology’s primary goal

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Organ-On-A-Chip Market: Segment Analysis

Organ-On-A-Chip Marketbased by application

Pharmaceutical & Biotechnology Companies

Academic & Research Institutes

Cosmetics Industry

Organ-On-A-Chip Market: By Types

Liver-on-a-chip

Kidney-on-a-chip

Lung-on-a-chip

Heart-on-a-chip

Intestine-on-a-chip

Brain-on-a-chip

Organ-On-A-Chip Market : Competitive Landscape

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Key Regions & Countries: North America (the United States, Canada, and Mexico), Europe, (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia, etc.), and The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).

Key Players: Emulate,TissUse,Hesperos,CN Bio Innovations,Tara Biosystems,Draper Laboratory,Mimetas,Nortis,Micronit Microtechnologies B.V.,Kirkstall,Cherry Biotech SAS,Else Kooi Laboratory

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