The research report includes a separate chapter for qualitative analysis. We have followed a descriptive approach while compiling the chapter. The macro and micro economic factors define the share and growth of market. These factors have been carefully understood through secondary and primary sources. All such factors have been explained under headings namely growth driving factors, growth restraining factors, market and technology trends and so on. Depending on the contribution and the growth potential, five countries were chosen for PESTEL analysis and the same has been described in the report.
Growing demand for
organs-on-chips for drug development and screening to reduce monetary losses
associated with drug failures is a significant factor driving global
organs-on-chips market growth
To get leading market
solutions, visit the link below: https://www.emergenresearch.com/industry-report/organs-on-chips-market
The global organs-on-chips market
size is expected to reach USD 209.4 Million at a steady CAGR of 28.1% in 2028,
according to latest analysis by Emergen Research. Steady market revenue growth
can be attributed to growing demand for organs-on-chips for drug development
and screening to reduce monetary losses associated with drug failures.
Key players in the market include
MIMETAS BV, SynVivo Inc., Emulate Inc., InSphero AG, CN Bio, Nortis Inc.,
Organovo Holdings Inc., TissUse GmbH, AxoSim Inc., and Kirkstall Ltd.
Emergen Research has segmented
the global organs-on-chips market on the basis of type, application, end-use,
and region:
· Type Outlook (Revenue, USD Million;
2018–2028)
o Liver-on-Chip
o Multiple
Organs-on-Chips
o Kidney-on-Chip
o Heart-on-Chip
o Lung-on-Chip
o Intestine-on-Chip
o Others
· Application Outlook (Revenue, USD Million;
2018–2028)
o Drug
Discovery
o Physiological
Model Development
o Toxicology
Research
· End-Use Outlook (Revenue, USD Million;
2018–2028)
o Pharmaceutical
Firms
o Research
Institutes
o Personal
Care Industry
o Others