PUBLISHER: BCC Research | PRODUCT CODE: 1697120
PUBLISHER: BCC Research | PRODUCT CODE: 1697120
The global Organ-on-a-Chip market is expected to grow from $153.2 million in 2024 and is projected to reach $651.9 million by the end of 2029, at a compound annual growth rate (CAGR) of 33.6% during the forecast period of 2024 to 2029.
The North American Organ-on-a-Chip market is expected to grow from $67.5 million in 2024 and is projected to reach $275.7 million by the end of 2029, at a CAGR of 32.5% during the forecast period of 2024 to 2029.
The European Organ-on-a-Chip market is expected to grow from $44.1million in 2024 and is projected to reach $198.8 million by the end of 2029, at a CAGR of 35.1% during the forecast period of 2024 to 2029.
This report analyzes trends in the global organ-on-a-chip (OoC) market. The market is segmented based on products and services, applications, end users, and regions. The application segment is characterized by drug discovery and development, toxicological research, and physiological model development. End-users include academic and research institutes, pharmaceutical and biotechnology companies, and the cosmetics industry. Products and services include organ chips, instruments, software, and services. Organ chips are further segmented into single-organ and multi-organ-on-a-chip products. The single-organ-on-a-chip products are further sub-segmented into liver, lung, heart, kidney, and other organs.
The report focuses on the major trends and challenges that affect the market and vendor landscape. It analyzes patents and emerging technologies related to the market. The report includes an analysis of the competitive landscape and industry structure and concludes with profiles of the leading companies.
In this report, the OoC market is segmented by geographical region into North America, Europe, Asia Pacific, South America, and the Middle East and Africa (MEA). The North American region consists of the U.S., Canada, and Mexico. Europe includes Germany, the U.K., Italy, France, Spain and the Rest of Europe; Asia-Pacific includes China, Japan, India, South Korea, Australia and the Rest of Asia-Pacific. The report covers global revenue ($ millions) for the base year of 2023, estimated data for 2024, and forecast values for 2025 through 2029.