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Organs-on-chips Market Analysis

  • Report ID: GMI7964
  • Published Date: Jan 2024
  • Report Format: PDF

Organs-on-chips Market Analysis

Based on type, the market size from the product segment is expected to generate a revenue of USD 944.7 million by 2032. The precise prediction of airborne nanoparticle absorption and accurate replication of the inflammatory response to microbial pathogens has stirred the widespread adoption of lung-on-chip models. The prevalence of pulmonary diseases, especially tuberculosis, has surged the demand for effective disease management, contributing to segment growth. According to the Center for Disease Control and Prevention (CDC), two billion people, accounting for one-fourth of the world’s population, get infected with tuberculosis (TB)annually.

 

Organs-on-chips Market, By Material (2023)

Based on material, the organs-on-chips market from the polydimethylsiloxane (PDMS) segment is expected to record USD 646.9 million by 2032. Microfluidic organ-on-chip platform using PDMS has gained rapid popularity and widespread acceptance due to its compatibility with high-resolution microstructures and nanostructures through replica molding. PDMS is also recognized for its biocompatibility, optical transparency, and gas permeability, making it well-suited for biological applications.  
 

Based on model type, the single-organ model segment is anticipated to generate USD 881.5 million by 2032 attributed to their specificity and focused applications. The single-organ model maintains the ability to replace organ-level responses in a controlled environment, leading to widespread product adoption.
 

Based on application, the organs-on-chips market from the drug discovery segment will exhibit over 32% CAGR through 2032. The trials in novel drug discovery, characterized by rising R&D costs and low success rate in clinical trials is propelling the demand for advanced and precise predictive preclinical in-vitro models. 
 

Based on end-user, the organs-on-chips market value from the pharmaceutical and biotechnology companies segment reached USD 73.3 million in 2023. Several pharmaceutical and biotechnology companies are actively seeking innovative solutions to bridge the translational gap between preclinical and clinical drug development to reduce attrition rates. Substantial investments are helping them to prioritize R&D while focusing on personalized medicine, and consistently launching new products. Strong emphasis on enhancing preclinical testing efficiency will drive the segment growth. 
 

U.S. Organs-on-chips Market, 2020- 2032 (USD Million)

North America organs-on-chips market size was USD 44.9 million in 2023 and is anticipated to generate USD 533.9 million by 2032 attributed to the rising prevalence of chronic diseases. For instance, in June 2023, the FDA granted a partial option award to further propel the development of organ chips for radiation countermeasure research, evaluating efficacy and screening experimental compounds for Medical Countermeasures (MCM).  Furthermore, the growing investments by the public and private institutes, exemplified by the National Institutes of Health (NIH) funding for biotechnology will signify continuous regional growth.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Organs-on-chips market size crossed USD 116.5 million in 2023 and is expected to reach over USD 1.4 billion by 2032 owing to the increasing demand for more accurate and reliable in-vitro models of human organs for drug discovery, toxicity testing, and disease modelling worldwide.

Organs-on-chips industry from the polydimethylsiloxane (PDMS) segment is expected to reach USD 646.9 million by 2032 due to its compatibility with high-resolution microstructures and nanostructures through replica molding.

North America organs-on-chips industry reached USD 44.9 million in 2023 and is expected to register a commendable CAGR from 2024-2032 due to rising prevalence of chronic diseases in the region.

Altis Biosystems, AlveoliX AG, Axosim, Bi/ond Solutions B.V, Cherry Biotech, CN-Bio, Emulate, Inc., Hesperos, Inc., Insphero, MesoBioTech, Mimetas B.V., Nortis Inc., React4Life, TARA Biosystems (Valo Health), and TissUse GmbH, are some of the major organs-on-chips companies worldwide.

Organs-on-chips Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 225
  • Countries covered: 19
  • Pages: 207
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