North America Organ-on-a-Chip Market by Organ Type (Liver-on-a-Chip, Heart-on-a-Chip, Lung-on-a-Chip, Kidney-on-a-Chip, Intestine-on-a-Chip, Other Organs), Application Focus (Drug Discovery and Development, Disease Modeling, Toxicology Studies, Precision Medicine, Regenerative Medicine, Others), Technology Platforms (3D Bioprinting, Hydrogel-Based OOC, Scaffold-Based OOC), Material Types, End-User, and Region - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits - Forecast 2023-2030

Industry : Healthcare | Pages : 180 Pages | Published On : May 2024

         
     
The North America Organ-on-a-Chip Market is Valued USD 42.7  Million in 2023 and projected to reach USD 243.3 Million by 2030, growing at a CAGR of 27.8% During the Forecast period of 2023-2030.

North America Organ-on-a-Chip Market Size


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             2020                         2023-2030      

ReportDetails
Market Size ValueUSD 42.7  Million in 2023
Market Size ValueUSD 243.3 Million by 2030
CAGR27.8%
Forecast Period2023-2030
Base Year 2023
Historic Data2020

Major vendors in the North America Organ-on-a-Chip market: AxoSim, Inc., Elveflow (Elvesys Group), Emulate, Inc., Hesperos, Inc., InSphero, Mimetas, Nortis, Inc., SynVivo, Inc., The Charles Stark Draper Laboratory, Inc., and Others.

Market Overview

The North American market for organ-on-chip technology is undergoing substantial growth, primarily propelled by escalating demand for personalized medicine, advancements in microfluidic systems, and substantial investments in healthcare research. This technology offers a promising avenue for drug discovery, toxicity testing, and disease modeling, thereby reducing dependence on animal testing and improving the efficiency of drug development processes. Additionally, the increasing prevalence of chronic diseases and the necessity for more precise drug screening models are driving further expansion of the market in the region. Collaborations among academic institutions, pharmaceutical companies, and biotechnology firms present attractive prospects for innovation and the advancement of organ-on-chip platforms. Regulatory measures aimed at streamlining drug development procedures and enhancing patient outcomes also contribute to market growth. With ongoing research and development endeavors, alongside supportive regulatory environments, the North American organ-on-chip market is poised for substantial expansion in the foreseeable future.

Rising demand for ethical alternatives to animal testing

The North American organ-on-chip (OOC) market is experiencing significant growth due to the increasing utilization of OOC technology in biomedical research, drug discovery, and personalized medicine. OOC platforms offer numerous advantages over traditional methods by accurately mimicking human organ functions on small chips, providing more relevant models for experimentation. In biomedical research, OOC technology allows researchers to study how human organs react to diseases and treatments in a controlled environment, leading to a better understanding of disease mechanisms. Additionally, OOC systems in drug discovery facilitate efficient screening of potential drug candidates, reducing the need for animal models and speeding up drug development processes cost-effectively. The ability of OOC platforms to replicate individualized drug responses makes them valuable tools for personalized medicine, driving their adoption in North America and fueling market growth in the region.

Market Dynamics

Drivers:

  • Increasing adoption of OOC technology in biomedical research, drug discovery, and personalized medicine
  • Substantial investments from pharmaceutical firms, research institutions, and venture capitalists
  • Integration of OOC technology into services by North American biotechnology enterprises

Opportunities:

  • Growing demand for personalized medicine solutions
  • Utilization of tailored approaches like patient-derived cells for personalized drug response analysis
  • Collaborations between academia, pharmaceutical companies, and biotechnology firms for OOC innovation

Growing demand for personalized medicine solutions

In North America, there is a rising need for customized medical solutions, which has sparked significant interest in organ-on-chip (OOC) technology. Personalized medicine aims to tailor medical treatments based on an individual's unique genetic makeup, life choices, and specific disease characteristics. OOC platforms hold great promise in the field of personalized medicine as they provide accurate models of human organs and tissues for both drug testing and disease simulation. These platforms enable researchers to study how patients respond to medications on an individual level, leading to more precise treatment decisions and improved dosage adjustments. Additionally, OOC technology facilitates the development of disease models that are tailored to individual patients, enhancing researchers' understanding of disease mechanisms and aiding in the identification of personalized treatment approaches. With the healthcare sector increasingly embracing personalized strategies, the demand for OOC solutions is set to grow, presenting significant opportunities for North American companies to innovate and market OOC platforms specifically designed for personalized medicine applications.

The liver-on-chip segment is anticipated to hold the largest market share during the forecast period

In the North America Organ-on-a-Chip market, the Organ Type segment comprises various categories such as Liver-on-a-Chip, Heart-on-a-Chip, Lung-on-a-Chip, Kidney-on-a-Chip, Intestine-on-a-Chip, and Other Organs. During the upcoming forecast period, the liver-on-chip segment is ready to establish its dominance in the organ-on-chip market in North America due to several compelling reasons. The liver plays a crucial role in drug metabolism and toxicity assessment, making liver-on-chip platforms highly valuable for pharmaceutical research and development. Moreover, these models offer a higher level of physiological relevance and predictive accuracy compared to traditional cell cultures and animal testing methods. With the growing emphasis on drug safety and efficacy, as well as the increasing demand for personalized medicine solutions, the liver-on-chip segment is expected to experience significant growth, further solidifying its position as the leading player in the North American organ-on-chip market.

Segmentations Analysis of North America Organ-on-a-Chip Market: -

  • By Organ Type
    • Liver-on-a-Chip
    • Heart-on-a-Chip
    • Lung-on-a-Chip
    • Kidney-on-a-Chip
    • Intestine-on-a-Chip
    • Other Organs
  • By Application Focus
    • Drug Discovery and Development
    • Disease Modeling
    • Toxicology Studies
    • Precision Medicine
    • Regenerative Medicine
    • Others
  • By   Technology Platforms
    • 3D Bioprinting
    • Hydrogel-Based OOC
    • Scaffold-Based OOC
  • By   Technology Platforms
    • Pharmaceutical and Biotechnology Companies
    • Academic and Research Institutions
    • Contract Research Organizations (CROs)

Recent Developments

In November 2023, InSphero, a well-known player in the field of 3D cell culture technologies and organ-on-chip systems for drug discovery, is embarking on a collaboration with ATCC, a leading organization specializing in biological materials management and standards. This partnership is geared towards innovating new methodologies within the dynamic domain of 3D cell-based oncology research.

North America Organ-on-a-Chip Market Report Gives Answers to Following Key Questions:

  • What will be the North America North America Organ-on-a-Chip Market’s Trends & growth rate? What analysis has been done of the prices, sales, and volume of the top producers of North American organ-on-a-chip Market?
  • What are the main forces behind the worldwide North America Organ-on-a-Chip Market? Which companies dominate the North America Organ-on-a-Chip Market?
  • Which companies dominate the North America Organ-on-a-Chip Market? Which business possibilities, dangers, and tactics did they embrace in the market?
  • What are the North America Organ-on-a-Chip industry's suppliers' opportunities and dangers in North America Organ-on-a-Chip Market?
  • What is the Organ-on-a-Chip industry's regional sales, income, and pricing analysis? In the North American organ-on-a-chip Market, who are the distributors, traders, and resellers?
  • What are the main geographic areas for various trades that are anticipated to have astounding expansion over the North American organ-on-a-chip Market?
  • What are the main geographical areas for various industries that are anticipated to observe an astounding expansion in North American organ-on-a-chip Market?
  • What are the dominant revenue-generating regions for North America Organ-on-a-Chip Market, as well as regional growth trends?
  • By the end of the forecast period, what will the market size and growth rate be?
  • What are the main North America Organ-on-a-Chip Market trends that are influencing the market's expansion?
  • Which key product categories dominate the North America Organ-on-a-Chip Market? What are the North America Organ-on-a-Chip Market’s main applications?
  • In the coming years, which North America Organ-on-a-Chip Market technology will dominate the market?

Reason to purchase this North America Organ-on-a-Chip Market Report:

  • Determine prospective investment areas based on a detailed trend analysis of the North America Organ-on-a-Chip Market over the next years.
  • Gain an in-depth understanding of the underlying factors driving demand for different North America Organ-on-a-Chip Market segments in the top spending countries across the world and identify the opportunities each offers.
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels that are driving the North America Organ-on-a-Chip Market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the North America Organ-on-a-Chip Market.
  • Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top North America Organ-on-a-Chip Market providers worldwide, including information about their products, alliances, recent contract wins, and financial analysis wherever available.

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