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The organs on chips market size is forecast to increase by USD 151.2 million at a CAGR of 43.37% between 2023 and 2028. The market is experiencing significant growth due to the increasing prevalence of chronic disorders and the need for more effective and efficient drug testing methods. This market trend is further fueled by substantial research funding and venture capital investments aimed at advancing the technology. However, the high cost of organ on chip technology remains a challenge, limiting its widespread adoption. Despite this, the potential benefits, including improved accuracy and reduced animal usage in research, make it an attractive area for investment and development. The market is poised for growth, with key players focusing on innovation and collaboration to drive down costs and expand its applications in various industries.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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