The global organ-on-a-chip market is expecting a strong CAGR for the coming years during the forecast period covering 2019 to 2025. Market Research Future (MRFR) includes several factors to understand the growth in a proper way. These factors are increasing investment from major companies, rising demand for better drug screening, the need for a personalized drug test, determining the regulatory status of the drug, various collaborations, and others. A surge in the creation of better human disease models can also boost the prospect of this market.
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The global market for organ-on-a-chip has been studied by MRFR researchers on the basis of a segmentation that includes organ type, application, and end user. The fetched data from these segments are expected to help the assessment of various strategic moves of this market.
By organ type, the global market can be segmented on the basis of lung-on-chip, heart-on-chip, intestine-on-chip, liver-on-chip, kidney-on-chip, human-on-chip, skin-on-chip, and blood-brain barrier-on-chip. The lung-on-chip segment is expected to lead the market with a substantial market presence. Other segments are also in line to impact the global healthcare sector.( Collapse )