An Organ-On-Chip (OOC) is a multi-channel 3-D microfluidic cell culture chip that simulates the activities, mechanics and physiological response of entire organs and organ systems, a type of artificial organ. It constitutes the subject matter of significant biomedical engineering research, more precisely in bio-MEMS. The convergence of labs-on-chips (LOCs) and cell biology has permitted the study of human physiology in an organ-specific context, introducing a novel model of in vitro multicellular human organisms. One day, they will perhaps abolish the need for animals in drug development and toxin testing. Organ-On-Chip technology not only incorporates multiple cell types but also involves engineering aspects, such as the guided spatial confinement of cells or the incorporation of sensors and microfluidic channels.
According to the new market research report “Global Organ on Chip Market Report 2023-2029”, published by QYResearch, the global Organ on Chip market size is projected to reach USD 0.65 billion by 2029, at a CAGR of 32.2% during the forecast period.
Figure00001. Global Organ on Chip Market Size (US$ Million), 2018-2029
Above data is based on report from QYResearch: Global Organ on Chip Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch..
Figure00002. Global Organ on Chip Top 16 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Above data is based on report from QYResearch: Global Organ on Chip Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.
The global key manufacturers of Organ on Chip include Emulate, Mimetas, TissUse, Tara Biosystems, CN Bio Innovations, Hesperos, Nortis, Micronit Microtechnologies B.V., Draper Laboratory, Altis Biosystems, etc. In 2022, the global top five players had a share approximately 58.0% in terms of revenue.
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