- Biotechnology
- Tuesday, 11 May 2021
Organs-on-chips Market 2021: Strategic Assessment, Latest Innovations, Drivers, Restraints, Challenges to 2027
MARKET INTRODUCTION
Organs-on-chips are a multi-channel 3-D microfluidic cell culture chit that fosters the actions, mechanics and physiological response of entire organs and organ system.
MARKET DYNAMICS
The Organs-on-chips market is anticipated to grow in the forecast, owing to the factors such as wave in applications of OOC devices in the healthcare sector, increase in demand for organ-on-chip in drug screening, rise in in-demand OOCs for lung & Kidney based organ culture, improving R&D pertaining to OOCs and increase in research activities. Nevertheless, high cost of OOC devices may restrict the market growth during the forecast period.
MARKET SEGMENTATION
The global Organs-on-chips market is segmented on the basis of Type, Offerings, Application and End User. Based on Type the market is segmented as Liver-on-chip, Kidney-on-chip, Lung-on-chip, Heart-on-chip and Other Organs. Based on offering the market is segmented into Product and Services. Based on Application the market is segmented as Physiological Model Development, Drug Discovery and Toxicology Research. Based on End User the market is segmented into Pharmaceuticals and Biotechnology Companies, Academic and Research Institutes, Cosmetic Industry and Other End Users.
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The key players profiled in the Organs-on-chips Market research study includes:
- Organovo
- Hepregen
- Hurel Corporation
- Nortis
- TissUse
- Tara Biosystems
- AxoSim
- Emulate Inc.
- CN Bio Innovations.
- MIMETAS
Since, the key findings in the Organs-on-chips Market research reports highlight crucial progressive industry trends, it allows the companies across the value chain to develop effective long-term strategies. The clients get to understand a clear picture of the competitors and can develop strategies and modify business expansion plans accordingly. The Organs-on-chips Market research reports cover thousands of global players that based on several parameters, such as company revenue, product portfolio, and geographic presence.
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- Industry Trade Journals and Other Literature
- National Government Documents, Statistical Databases and Market Reports
- News Articles, Press Releases and Web-Casts Specific to the Companies Operating in the Market
NOTE: All the financials considered in Company Profile’s section have been standardized to US$. This has been achieved after converting the financials (for those not in US$) with respective currency exchange rates of the particular year.
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- Validates and Strengthens Secondary Research Findings
- Further Develops the Analysis Team’s Expertise and Market Understanding
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