Thailand Organ On A Chip Market Size & Outlook, 2024-2030
Thailand organ on a chip market, 2018-2030 (US$M)
Related Markets
Thailand organ on a chip market highlights
- The Thailand organ on a chip market generated a revenue of USD 0.9 million in 2023 and is expected to reach USD 3.7 million by 2030.
- The Thailand market is expected to grow at a CAGR of 22% 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 0.9 million |
| Market revenue in 2030 | USD 3.7 million |
| Growth rate | 22% (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, Thailand accounted for 0.8% 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 Asia Pacific, China organ on a chip market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 55.9 million by 2030.
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Organ On A Chip Market Scope
Organ On A Chip Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand 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 55.56% in 2024. Horizon Databook has segmented the Thailand 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 Thailand is gaining momentum as the country emphasizes enhancing healthcare research and development. These systems, which simulate human organ functions, attract pharmaceutical and biotech companies due to the demand for efficient drug testing methods and the ability to conduct relevant human studies without animal testing.
Additionally, government initiatives supporting biotechnology research and fostering partnerships between academic institutions and industry are accelerating the adoption of OOC technology, positioning Thailand as a competitive player in the regional market.
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Our clientele includes a mix of organ on a chip market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand organ on a chip market, including forecasts for subscribers. This country databook contains high-level insights into Thailand organ on a chip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand organ on a chip market report size, by product & service, 2018-2030 (US$M)
Thailand Organ On A Chip Market Share, 2024 & 2030 (US$M)
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