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Why Is Organ-on-chip Market Expected To Register Huge Progress In Apac During 2018–2025?

The global organ-on-chip market reached a revenue of $11.0 million in 2017. Furthermore, the market would exhibit a CAGR of 40.1% from 2018 to 2025 and generate a revenue of $163.1 million in 2025. The progress of the market is being driven by the growing requirement for effective drug development and discovery processes and the ballooning need for alternatives to the conventionally used animal models in research and development (R&D) activities.
Report Description: https://www.psmarketresearch.com/market-analysis/organ-on-chip-market
Additionally, the increasing toxicological testing of chemicals on various types of organ cells, rising drug repurposing approaches, and the provision of funds and grants by the governments of various countries for R&D projects are also fueling the growth of the market. As per reports, a research grant of as much as $2 million was awarded by the National Center for Advancing Translational Sciences (NCATS) to Emulate, Inc. in July 2017.
When application is taken into consideration, the organ-on-chip market is classified into physiological model development, drug discovery, ...
... and toxicology research. Out of these, the drug discovery category is predicted to demonstrate the highest growth rate in the market in the upcoming years. Under the end user segment of the market, the main categories are academic research institutes and pharmaceutical and biotechnology companies. Between them, the pharmaceutical and biotechnology companies recorded higher growth in the past.
Thus, it is clear that due to the increasing demand for alternatives to animal models in R&D activities in the medical domain, the mushrooming requirement for effective drug development and drug discovery processes, and the huge investments being made in organ-on-chip research, the market would register substantial growth across the world in the future years.
Pramod Kumar is a Digital Marketing Specialist at IG Transformation Partners, specializing in digital strategy, content marketing, and online brand positioning. He focuses on developing marketing initiatives that help organizations strengthen their digital presence and communicate their value effectively in competitive global markets. His expertise includes search engine optimization (SEO), LinkedIn marketing, B2B digital campaigns, market-driven content creation, and digital analytics. By combining strategic thinking with creative storytelling, he helps translate industry insights into compelling marketing content that engages audiences and supports business growth. At IG Transformation Partners, Pramod contributes to promoting thought leadership, digital transformation insights, and innovative solutions through targeted marketing strategies and data-driven digital campaigns.
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