Organs-on-Chips Market Size, Research, Analysis

1
Global Organs-on-Chips Market to Grow with a CAGR
of 36.54 During 2021-2030 Market to Grow on
Account of Increasing Prevalence of Different
Types of Chronic Diseases Kenneth Research has
released a report titled Organs-on-Chips Market
Global Demand Analysis Opportunity Outlook
2030 which also includes some of the prominent
market analyzing parameters such as industry
growth drivers, restraints, supply and demand
risk, along with the impact of COVID-19 and a
detailed discussion on the latest trends and
future opportunities that are associated with
the growth of the market. It is expected that by
the end of 2030, 78 Million people would have
dementia, according to the statistics by the
World Health Organization (WHO). Moreover, this
figure is projected to reach 139 Million by 2050.
Request sample report https//www.kennethresearch
.com/sample- request-10352362
2
The statistics portray the increasing prevalence
of different types of chronic diseases
worldwide, which is driving the need amongst the
pharmaceutical organizations to develop advanced
drugs for the treatment of the diseases.
Organs-on-chips helps in the detection of
species-specific toxicities, therefore allowing
more accurate predictions of the effects of drugs
on humans. Such a factor is anticipated to drive
the growth of the global organs- on-chips
market. The global organs-on-chips market is
anticipated to grow with a CAGR of 36.54 over
the forecast period, i.e., 2021 2030. The
market is estimated to garner a revenue of USD
772.72 Million by the end of 2030. Additionally,
the market generated a revenue of USD 31.37
Million in the year 2020. The market is
segmented by organ type into lung, intestine,
kidney, brain, liver, and others. The lung
segment, amongst all the other segments, is
anticipated to garner the largest revenue of USD
178.79 Million by the end of 2030. Additionally,
the segment generated a revenue of USD 7.71
Million. By region, the global organs-on-chips
market is segmented into five major regions
including North America, Europe, Asia Pacific,
Latin America and Middle East Africa, out of
which, the market in North America is
anticipated to garner the largest revenue of USD
372.61 Million by the end of 2030. Additionally,
the market in the region generated a revenue of
USD 18.09 Million in the year 2020. The research
is global in nature and covers detailed analysis
on the market in North America (U.S., Canada),
Europe (U.K., Germany, France, Italy, Spain,
Hungary, Belgium, Netherlands Luxembourg,
NORDIC Finland, Sweden, Norway, Denmark,
Poland, Turkey, Russia, Rest of Europe), Latin
America (Brazil, Mexico, Argentina, Rest of Latin
America), Asia-Pacific
3
(China, India, Japan, South Korea, Indonesia,
Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa
(Israel, GCC Saudi Arabia, UAE, Bahrain,
Kuwait, Qatar, Oman, North Africa, South
Africa, Rest of Middle East and Africa). In
addition, analysis comprising market size, Y-O-Y
growth opportunity analysis, market players
competitive study, investment opportunities,
demand for future outlook etc. has also been
covered and displayed in the research
report. However, the high cost of OOC devices,
and the nascent stage of the technology are
predicted to hinder the market growth in the
coming years. This report also provides the
existing competitive scenario of some of the key
players of the global organs-on-chips market,
which includes company profiling of Emulate,
Inc., CN Bio Innovations Limited, TissUse GmbH,
InSphero AG, Elvesys, MesoBioTech, AxoSim, CHERRY
BIOTECH, Nortis, Inc., BiomimX S.r.l., MIMETAS
B.V., KYODO INTERNATIONAL INC., AGC Inc., and
others. The profiling enfolds key information of
the companies which comprises of business
overview, products and services, key financials
and recent news and developments. Conclusively,
the report titled Organs-on-Chips Market
Global Demand Analysis Opportunity Outlook
2030, analyses the overall global
organs-on-chips industry to help new entrants to
understand the details of the market. In addition
to that, this report also guides existing
players looking for expansion and major investors
looking for investment in the global
organs-on-chips market in the near
future. Request sample report https//www.kenneth
research.com/sample- request-10352362
4
Kenneth Research is a leading service provider
for strategic market research and consulting. We
aim to provide unbiased, unparalleled market
insights and industry analysis to help
industries, conglomerates and executives to take
wise decisions for their future marketing
strategy, expansion and investment, etc. We
believe every business can expand to its new
horizon, provided a right guidance at a right
time is available through strategic minds. Our
out of box thinking helps our clients to take
wise decision so as to avoid future
uncertainties. Contact for more Info AJ
Daniel Email sales_at_kennethresearch.com U.S.
Phone [phone]