Home > Healthcare > Biotechnology > Biotechnology R&D > Organs-on-chips Market

Organs-on-chips Market Trends

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

Organs-on-chips Market Trends

The rising prevalence of chronic diseases is increasing the need for rapid drug discovery methods, driving the necessity for drug toxicity identification, technological progress, and the introduction of new products by major market players. For instance, Emulate Inc.'s alveolus lung-chip and airway lung-chip models, helped in COVID-19 research. These innovative organ-on-chip technologies supported in enhancing the early infectious disease clinical studies for expediting the pandemic research efforts. 
 

The growing advancement and the support by regulatory authorities are accelerating the development and adoption of advanced organ-on-chip technologies. For instance, in January 2023, FDA Modernization Act 2.0 approval aimed to accelerate the organ-on-chip integration in pharmaceuticals, using innovations in testing methods for ethical and streamlined drug development. Advanced technologies are providing an opportunity for the pharmaceutical industry to expedite drug development while reducing reliance on animal studies.  
 

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

Buy Now


Premium Report Details

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