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Global Organs on Chips Market 2024-2028

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    Report

  • 134 Pages
  • July 2024
  • Region: Global
  • TechNavio
  • ID: 5574326
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The organs on chips market is forecasted to grow by USD 151.2 million during 2023-2028, accelerating at a CAGR of 43.37% during the forecast period. The report on the organs on chips market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of chronic disorders, shortage of organ donors, and need for early detection of drug toxicity and new product launches.

The organs on chips market is segmented as below:

By Type

  • Lung
  • Liver
  • Heart
  • Kidney
  • Others

By Geographical Landscape

  • North America
  • Europe
  • Asia
  • Rest of World (ROW)
This study identifies the significant increase in research funding and venture capital investments for development of organs on chips as one of the prime reasons driving the organs on chips market growth during the next few years. Also, growing number of partnerships and collaborations between pharmaceutical companies and organs on chips manufacturers and technological advancements will lead to sizable demand in the market.

The report on the organs on chips market covers the following areas:

  • Organs on chips market sizing
  • Organs on chips market forecast
  • Organs on chips market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading organs on chips market vendors that include Allevi Inc., Altis Biosystems Inc., AxoSim Inc., BICO Group AB, BiomimX Srl, BIOND Solutions BV, CN Bio Innovations Ltd., Elveflow, Emulate Inc., Hesperos Inc., InSphero AG, Kirkstall Ltd., MIMETAS BV, NETRI, Nortis Inc., SynVivo Inc., TARA Biosystems Inc., and TissUse GmbH. Also, the organs on chips market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Organs On Chips Market 2018 - 2022
Historic Market Size - Data Table on Global Organs On Chips Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Lung - Market size and forecast 2023-2028
Chart on Lung - Market size and forecast 2023-2028 ($ million)
Data Table on Lung - Market size and forecast 2023-2028 ($ million)
Chart on Lung - Year-over-year growth 2023-2028 (%)
Data Table on Lung - Year-over-year growth 2023-2028 (%)
6.4 Liver - Market size and forecast 2023-2028
Chart on Liver - Market size and forecast 2023-2028 ($ million)
Data Table on Liver - Market size and forecast 2023-2028 ($ million)
Chart on Liver - Year-over-year growth 2023-2028 (%)
Data Table on Liver - Year-over-year growth 2023-2028 (%)
6.5 Heart - Market size and forecast 2023-2028
Chart on Heart - Market size and forecast 2023-2028 ($ million)
Data Table on Heart - Market size and forecast 2023-2028 ($ million)
Chart on Heart - Year-over-year growth 2023-2028 (%)
Data Table on Heart - Year-over-year growth 2023-2028 (%)
6.6 Kidney - Market size and forecast 2023-2028
Chart on Kidney - Market size and forecast 2023-2028 ($ million)
Data Table on Kidney - Market size and forecast 2023-2028 ($ million)
Chart on Kidney - Year-over-year growth 2023-2028 (%)
Data Table on Kidney - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.4 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.5 Asia - Market size and forecast 2023-2028
Chart on Asia - Market size and forecast 2023-2028 ($ million)
Data Table on Asia - Market size and forecast 2023-2028 ($ million)
Chart on Asia - Year-over-year growth 2023-2028 (%)
Data Table on Asia - Year-over-year growth 2023-2028 (%)
8.6 Rest of World (ROW) - Market size and forecast 2023-2028
Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
8.7 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.8 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.9 France - Market size and forecast 2023-2028
Chart on France - Market size and forecast 2023-2028 ($ million)
Data Table on France - Market size and forecast 2023-2028 ($ million)
Chart on France - Year-over-year growth 2023-2028 (%)
Data Table on France - Year-over-year growth 2023-2028 (%)
8.10 Canada - Market size and forecast 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ million)
Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Chart on Canada - Year-over-year growth 2023-2028 (%)
Data Table on Canada - Year-over-year growth 2023-2028 (%)
8.11 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
8.12 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 AxoSim Inc.
AxoSim Inc. - Overview
AxoSim Inc. - Product / Service
AxoSim Inc. - Key offerings
11.4 BiomimX Srl
BiomimX Srl - Overview
BiomimX Srl - Product / Service
BiomimX Srl - Key offerings
11.5 Elveflow
Elveflow - Overview
Elveflow - Product / Service
Elveflow - Key offerings
11.6 Emulate Inc.
Emulate Inc. - Overview
Emulate Inc. - Product / Service
Emulate Inc. - Key offerings
11.7 InSphero AG
InSphero AG - Overview
InSphero AG - Product / Service
InSphero AG - Key offerings
11.8 Kirkstall Ltd.
Kirkstall Ltd. - Overview
Kirkstall Ltd. - Product / Service
Kirkstall Ltd. - Key offerings
11.9 MIMETAS BV
MIMETAS BV - Overview
MIMETAS BV - Product / Service
MIMETAS BV - Key offerings
11.10 Nortis Inc.
Nortis Inc. - Overview
Nortis Inc. - Product / Service
Nortis Inc. - Key offerings
11.11 SynVivo Inc.
SynVivo Inc. - Overview
SynVivo Inc. - Product / Service
SynVivo Inc. - Key offerings
11.12 TissUse GmbH
TissUse GmbH - Overview
TissUse GmbH - Product / Service
TissUse GmbH - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Parent Market
Exhibits 10: Data Table on - Parent Market
Exhibits 11: Market characteristics analysis
Exhibits 12: Value Chain Analysis
Exhibits 13: Offerings of companies included in the market definition
Exhibits 14: Market segments
Exhibits 15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Historic Market Size - Data Table on Global Organs On Chips Market 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Type - Market share 2023-2028 (%)
Exhibits 31: Data Table on Type - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Type
Exhibits 33: Data Table on Comparison by Type
Exhibits 34: Chart on Lung - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Lung - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Lung - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Lung - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Liver - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Liver - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Liver - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Liver - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Heart - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Data Table on Heart - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Chart on Heart - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Heart - Year-over-year growth 2023-2028 (%)
Exhibits 46: Chart on Kidney - Market size and forecast 2023-2028 ($ million)
Exhibits 47: Data Table on Kidney - Market size and forecast 2023-2028 ($ million)
Exhibits 48: Chart on Kidney - Year-over-year growth 2023-2028 (%)
Exhibits 49: Data Table on Kidney - Year-over-year growth 2023-2028 (%)
Exhibits 50: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 52: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 54: Market opportunity by Type ($ million)
Exhibits 55: Data Table on Market opportunity by Type ($ million)
Exhibits 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 57: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 58: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 59: Chart on Geographic comparison
Exhibits 60: Data Table on Geographic comparison
Exhibits 61: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on Asia - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on Asia - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on Asia - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on France - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on France - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 94: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 95: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 97: Market opportunity By Geographical Landscape ($ million)
Exhibits 98: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 99: Impact of drivers and challenges in 2023 and 2028
Exhibits 100: Overview on criticality of inputs and factors of differentiation
Exhibits 101: Overview on factors of disruption
Exhibits 102: Impact of key risks on business
Exhibits 103: Companies covered
Exhibits 104: Matrix on companies position and classification
Exhibits 105: AxoSim Inc. - Overview
Exhibits 106: AxoSim Inc. - Product / Service
Exhibits 107: AxoSim Inc. - Key offerings
Exhibits 108: BiomimX Srl - Overview
Exhibits 109: BiomimX Srl - Product / Service
Exhibits 110: BiomimX Srl - Key offerings
Exhibits 111: Elveflow - Overview
Exhibits 112: Elveflow - Product / Service
Exhibits 113: Elveflow - Key offerings
Exhibits 114: Emulate Inc. - Overview
Exhibits 115: Emulate Inc. - Product / Service
Exhibits 116: Emulate Inc. - Key offerings
Exhibits 117: InSphero AG - Overview
Exhibits 118: InSphero AG - Product / Service
Exhibits 119: InSphero AG - Key offerings
Exhibits 120: Kirkstall Ltd. - Overview
Exhibits 121: Kirkstall Ltd. - Product / Service
Exhibits 122: Kirkstall Ltd. - Key offerings
Exhibits 123: MIMETAS BV - Overview
Exhibits 124: MIMETAS BV - Product / Service
Exhibits 125: MIMETAS BV - Key offerings
Exhibits 126: Nortis Inc. - Overview
Exhibits 127: Nortis Inc. - Product / Service
Exhibits 128: Nortis Inc. - Key offerings
Exhibits 129: SynVivo Inc. - Overview
Exhibits 130: SynVivo Inc. - Product / Service
Exhibits 131: SynVivo Inc. - Key offerings
Exhibits 132: TissUse GmbH - Overview
Exhibits 133: TissUse GmbH - Product / Service
Exhibits 134: TissUse GmbH - Key offerings
Exhibits 135: Inclusions checklist
Exhibits 136: Exclusions checklist
Exhibits 137: Currency conversion rates for US$
Exhibits 138: Research methodology
Exhibits 139: Information sources
Exhibits 140: Data validation
Exhibits 141: Validation techniques employed for market sizing
Exhibits 142: Data synthesis
Exhibits 143: 360 degree market analysis
Exhibits 144: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global organs on chips market: Allevi Inc., Altis Biosystems Inc., AxoSim Inc., BICO Group AB, BiomimX Srl, BIOND Solutions BV, CN Bio Innovations Ltd., Elveflow, Emulate Inc., Hesperos Inc., InSphero AG, Kirkstall Ltd., MIMETAS BV, NETRI, Nortis Inc., SynVivo Inc., TARA Biosystems Inc., and TissUse GmbH.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is significant increase in research funding and venture capital investments for development of organs on chips."

According to the report, one of the major drivers for this market is the increasing prevalence of chronic disorders.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Allevi Inc.
  • Altis Biosystems Inc.
  • AxoSim Inc.
  • BICO Group AB
  • BiomimX Srl
  • BIOND Solutions BV
  • CN Bio Innovations Ltd.
  • Elveflow
  • Emulate Inc.
  • Hesperos Inc.
  • InSphero AG
  • Kirkstall Ltd.
  • MIMETAS BV
  • NETRI
  • Nortis Inc.
  • SynVivo Inc.
  • TARA Biosystems Inc.
  • TissUse GmbH