Italy Organ On A Chip Market Size & Outlook, 2024-2030
Italy organ on a chip market, 2018-2030 (US$M)
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Italy organ on a chip market highlights
- The Italy organ on a chip market generated a revenue of USD 2.6 million in 2023 and is expected to reach USD 20.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 33.7% 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 2.6 million |
| Market revenue in 2030 | USD 20.1 million |
| Growth rate | 33.7% (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, Italy accounted for 2.3% 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 |
|---|
Italy 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 53.85% in 2024. Horizon Databook has segmented the Italy 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 Italy is steadily expanding, fueled by rising demand for advanced drug testing methods and a strong emphasis on ethical research practices.
These microchips, designed to mimic human organ functions, are attracting interest from pharmaceutical and biotech companies due to their potential to replace animal testing and deliver more accurate results.
Supported by government initiatives and increasing research collaborations, the market is poised for significant growth in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy organ on a chip market, including forecasts for subscribers. This country databook contains high-level insights into Italy organ on a chip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy organ on a chip market report size, by product & service, 2018-2030 (US$M)
Italy Organ On A Chip Market Share, 2024 & 2030 (US$M)
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