Organ on Chip Market Estimates & Trends Analysis, Size 2022, Leading Players, Industry Updates

Organ on Chip Market Estimates & Trends

Analysis, Size 2022, Leading Players, Industry Updates, Future Growth

KEY MARKET INSIGHTS

The global organ on chip market was valued at USD 103.4 Mn in 2021. The market is projected to grow USD 173.3 Mn in 2028, at a CAGR of 31.5%.

Organ on chips have proven to be incredibly useful systems for disease modelling, medication testing, and organ function imitating. This organ-on-a-chip methodology allows you to develop devices for liquid perfusion with controlled inner and exterior geometries that can simulate blood flow and re-create organ systems.

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REGIONAL INSIGHTS

The global organ on chip market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. North America region is expected to dominate the market share of global organ on chip market owing to the The presence of key pharmaceutical companies, as well as the availability of new and advanced organs-on-chips models on the market, favourable government initiatives in terms of funding and programmes for basic drug development and research, and the availability of new and advanced organs-onchips models on the market.

Increased incidence of targeted diseases such as UI, bladder blockage, urine retention, Benign Prostate Hyperplasia (BPH), and bladder cancer is driving the regional market. As a result, the market in North America is being driven by an increase in the number of BPH-related surgical procedures and an increase in the number of occurrences of bladder cancer.

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