According to FutureWise analysis the market for Organ-on-Chip is expected to reach US$ 2.1 billion by 2031 at a CAGR of 31.30%.
Organ-on-chip (OoC) technology is a recent development that benefits from the integration of tissue engineering and stem cells with microfluidics and the microfabrication of sensors and actuators. As an enhancement to current bioassays, OoC models seek to mimic elements of human physiology and pathology in order to shed light on the mechanisms driving drug responses and the onset and progression of the disease. OoC devices may offer more accurate model systems for the study of health and illness, according to growing data. Showcases of vessels-on-chip, cancer-on-chip, kidney-on-chip, neurons, lung-on-chip, and ALS-on-chip are among the examples of the evidence. OoC models are already anticipated to be useful in drug discovery, efficacy, and toxicology, as well as in precision or even personalized medicine with the advent of patient-derived stem cells.
The OoC is a relatively new addition to the toolkit of model biological systems that are available to life science researchers to investigate many facets of human pathophysiology and illness. These systems span a range of physiological significance, with 3D cell cultures, organoids, and OoCs following 2D cell cultures in increasing relevance. Interestingly, using model species like mice and Drosophila to study physiology outperforms using synthetic tissue approaches. Unfortunately, this results in more challenging experiments because biological complexity rises with physiological relevance in model organisms. Despite major advancements in vivo imaging, in vivo physiological processes in mice, humans, and other mammals are often the least amenable to direct examination. The OoC could be seen as a bridging technology that allows for the use of complex cell cultures while also enabling better-tailored microenvironments to enhance the model.
FutureWise Market Research has published a report that provides an insightful analysis of Organ-on-Chip market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry.
According to the analysis conducted by FutureWise research analysts, the Organ-on-Chip market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.