U.S. Organ On A Chip Market Size & Outlook, 2024-2030
U.S. organ on a chip market, 2018-2030 (US$M)
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U.S. organ on a chip market highlights
- The U.S. organ on a chip market generated a revenue of USD 53.8 million in 2023 and is expected to reach USD 510.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 37.9% 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 53.8 million |
| Market revenue in 2030 | USD 510.3 million |
| Growth rate | 37.9% (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, U.S. accounted for 45.9% 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 North America, U.S. organ on a chip market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 510.3 million by 2030.
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Organ On A Chip Market Scope
Organ On A Chip Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 52.42% in 2024. Horizon Databook has segmented the U.S. organ on a chip market based on services, product covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. OOC market is growing rapidly, driven by advances in biomedical research and an increasing need for better drug testing methods.
OOC technology uses microchips to mimic the functions of human organs, providing a more accurate way to study diseases and test new drugs compared to traditional animal testing.
Key drivers for the U.S. market include strong government funding, a well-established pharmaceutical industry, and high demand for cutting-edge drug development technologies.
This approach is gaining traction among pharmaceutical and biotech companies as it enhances the efficiency and ethics of drug development.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. organ on a chip market, including forecasts for subscribers. This country databook contains high-level insights into U.S. organ on a chip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. organ on a chip market report size, by product & service, 2018-2030 (US$M)
U.S. Organ On A Chip Market Share, 2024 & 2030 (US$M)
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