Denmark Organ On A Chip Market Size & Outlook, 2024-2030
Denmark organ on a chip market, 2018-2030 (US$M)
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Denmark organ on a chip market highlights
- The Denmark organ on a chip market generated a revenue of USD 1.5 million in 2023 and is expected to reach USD 8.6 million by 2030.
- The Denmark market is expected to grow at a CAGR of 28.9% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating product & service in 2023.
- Product is the most lucrative product & service segment registering the fastest growth during the forecast period.
Organ on a chip market data book summary
| Market revenue in 2023 | USD 1.5 million |
| Market revenue in 2030 | USD 8.6 million |
| Growth rate | 28.9% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Product |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, Product |
| Key market players worldwide | Emulate, Mimetas, Valo Health, Nortis, AxoSim, BICO, CN Bio, SynVivo, Draper, AlveoliX AG |
Other key industry trends
- In terms of revenue, Denmark accounted for 1.2% of the global organ on a chip market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany organ on a chip market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 71.4 million by 2030.
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Organ On A Chip Market Scope
Organ On A Chip Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Denmark organ on a chip market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to organ on a chip market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 53.33% in 2024. Horizon Databook has segmented the Denmark organ on a chip market based on services, product covering the revenue growth of each sub-segment from 2018 to 2030.
The OOC market in Denmark is growing due to increasing demand for innovative drug testing methods, rising investments in biotechnology, and a strong focus on personalized medicine. Additionally, government support for research and development.
Along with collaborations between academia and industry, is driving advancements in this cutting-edge technology. This support is expected to propel demand for the OOC market across Denmark over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark organ on a chip market, including forecasts for subscribers. This country databook contains high-level insights into Denmark organ on a chip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark organ on a chip market report size, by product & service, 2018-2030 (US$M)
Denmark Organ On A Chip Market Share, 2024 & 2030 (US$M)
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