DUBLIN, June 29, 2022 /PRNewswire/ -- The "Organ-on-a-Chip: Global Markets" report has been added to ResearchAndMarkets.com's offering.
The scope of this report covers various types of products available in the organ-on-a-chip market and potential application sectors in various industries. The organ-on-a-chip market is broken down into various segments.
An organ-on-a-chip is a type of artificial organ that possesses the capability to simulate activities, mechanics and physiological responses similar to that of an organ system. These are multi-channel 3D microfluidic cell culture chips that are primarily being used in life science and drug development research because of their ability to imitate human microenvironments in vitro.
The unique characteristics of organ-on-a-chip are worked out by integrating biology and advanced engineering. Cell biology, microfluidics and microfabrication are the core fields that have paved the way towards the development of organ-on-a-chip technology.
Organ-on-a-chip is considered to be a potential game-changing technology and is serving as a testing alternative that is replacing the use of animals in life science research, toxicology testing and drug development studies around the globe. Countries are focusing on this upcoming technology to produce safer and effective drugs.
It has been observed that pharmaceutical R&D expenses create a lot of burden on the healthcare industry because the drug discovery process requires huge investment but has a low success rate. Studies have indicated that using organ-on-a-chips for drug discovery and development studies will help to reduce the cost by 26% because many ineffective and toxic drugs can be eliminated at the preclinical stage before they enter human trials.
Also, rising demand for personalized medicines is also a contributing factor to growth in the organ-on-a-chip market. There are many diseases that still do not have any approved therapies for cures and depend only on symptomatic management, e.g., amyotrophic lateral sclerosis, cirrhosis, etc. Therefore, organ-on-a-chip will be beneficial for such indications. More research and the increasing prevalence of cancer as well as neurogenerative diseases such as Alzheimer's, Parkinson's disease and other rare indications will also be contributing factors for the market. The North American region has the highest share of the organ-on-a-chip market, followed by Europe. This is because of the extensive research and developmental activities taking place in the region as well as the presence of major players, funding and the increasing prevalence of chronic diseases. All these factors contribute to growth in the organ-on-a-chip market. It has been observed that the COVID-19 pandemic had a positive impact on the organ-on-a-chip market. This is because, due to the pandemic, many institutions across the world began research projects aimed at gaining an understanding of disease pathology and developing treatment options for coronavirus. Finally, it has also been observed that companies are now moving from single organ on a chip to multiple organ on a chip to gain a better understanding of the toxicological impact of a drug.
Revenue forecasts from 2019 to 2026 are given for each type, application, offering and end user.The application segment is characterized by various types, including drug discovery and development, toxicological research, and physiological model development, and by end-use industry, including academic and research institutes, pharmaceutical and biotechnology companies, cosmetics industry and other end users. By type market is segmented to liver, lung, kidney, heart and others. The report also focuses on regional segmentation of the market.
Further, it explains the major drivers and regional dynamics of the global market and current trends within the industry. It also includes information about the industry structure and competitive landscape as well as the impact of COVID-19 on the market. The report includes detailed profiles of the major players in the global organ-on-a-chip market. Analyses of the global market trends, with data from 2019 to 2021, and projections of compound annual growth rates (CAGRs) through 2026
Information on multi-channel 3-D microfluidic cell culture chip, and discussion of their ability to imitate human microenvironment in vitro
Evaluation and forecast the global organ-on-a-chip market size, and corresponding market share analysis by technology offering, organ type, application, end-user vertical and region
Discussion on how organ-on-a-chip is emerging as a priority testing alternative which is replacing animals in life science research, toxicology testing and drug development studies
Review of potential applications in pharmaceutical and life science research sectors, including preclinical drugs testing, drug screening, personalized medicine, phenotypic screening, lead optimization and disease modelling
Insights into the recent industry structure including the government programs and policies in support of organ-on-a-chip and coverage of revised laws involving animal testing
Review of patent grants for innovations in organ-on-a-chip technology across each major category
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
Developments in Drug Discovery
Factors Affecting the Organ-On-A-Chip Market
Rising Demand for a Way to Enhance the Effectiveness of Clinical Trials Increasing Investments for Drug Research and Development
Collaboration Between Organizations and Governments
Impact of Covid-19 on the Organ-On-A-Chip Market Chapter 6 Global Organ-On-A-Chip Market by Type
Liver-On-A-Chip Classifications Depending on Their Principal Actions
Chapter 7 Global Organ-On-A-Chip Market by End-user
Biotechnology and Pharmaceutical Companies
Chapter 8 Global Organ-On-A-Chip Market by Offering
Chapter 9 Global Organ-On-A-Chip Market by Application
Drug Discovery and Development
Physiological Model Development
Chapter 10 Global Organ-On-A-Chip Market by Region
Chapter 11 Industry Structure
Cost-Effective Components
Chapter 12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/3kaps9
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg