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Organ-On-Chip Market Size is Projected to Reach USD 587.02 million by 2032, Growing at a CAGR of 30.76%: Straits Research 08/20/2024 11:55 -0400 New York, United States , Aug. 20, 2024 (GLOBE NEWSWIRE) -- As per the Latest Report by Straits Research, the global organ-on-chip market size was valued at USD 52.53 million in 2023.
Product Type: The organ-on-chip market is anticipated to generate significant revenue, with the lung-on-chip models expected to lead the charge. The global market for these products is projected to reach USD 980 million by 2033, driven by increased adoption in pulmonary disease management , particularly in tuberculosis research.
An organ-on-a-chip (OOC) is a multi-channel 3-D microfluidic cell culture, integrated circuit (chip) that simulates the activities, mechanics and physiological response of an entire organ or an organ system.
The size of the global lab on chip market was estimated at US$5,698 million in 2021 and is projected to increase to US$14,772 million by 2030, at a CAGR of 11.5% from 2022 to 2030 [13] Chip materials and fabrication technologies
Schematic of the Emulate liver-chip [4] Emulate's Organs-on-Chips technology has been used to recreate the function of a variety of different organs, including the liver, intestine, brain, kidney, and lung. [5] The company's Organ-Chips are about the size of a AA battery and feature two fluidic channels that create the flow of blood and other ...
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The upbeat forecast is the latest positive sign for the industry after earnings of chip firms including NXP Semiconductors and Texas Instruments showed that demand was picking up, aided by orders ...
China is ‘doubling down’ on local chip development with a new $47.5 billion fund: ‘The size of the fundraising speaks for itself’ Lionel Lim May 28, 2024 at 5:57 AM
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