What is scope of the report?

The base year for the study has been considered 2019, historic year 2014 and 2018. Read More

What are the significant segments operating in the market?

Market is segmented on the basis. Read More

What are the vital market dynamics?

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. Read More

What does a company profile includes?

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering. Read More

Global Organ-on-Chip Market by Type (Liver, Heart, Lung, Kidney, Intestine, Others), Application, End User, Regions, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025

Publish Date: May, 2019
Report ID: 386019
Category: Medical Devices
Pages: 0

$4700

Global organ-on-chip market is expected to reach USD 121.37 Million by 2025, at a CAGR of 36.74% from 2018 to 2025. Growing emphasis on developing an alternative for animal testing models and increasing research and development activity are driving the market.

Market Overview:

An organ-on-chip is typically a glass slide that is coated with human cells that have been configured to mimic a particular tissue such as a heart, or a lung. These chips simulate the activities and mechanics of entire organs and organ systems. It makes it to possible study molecular- and cellular-scale activities that underlie human organ function and mimic human-specific disease states, as well as identify new therapeutic targets in vitro. Organ-on-chip models have the potential to accelerate drug testing and eliminate animal testing altogether.

Report Description:

The base year for the study has been considered 2017, historic year 2015 and 2016 and, the forecast period considered is from 2018 to 2025. The global organ-on-chip market is analysed on the basis of value (USD Million).
The study delivers a comprehensive analysis of global organ-on-chip market by type, application, end user and regions. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2018 to 2025.
Porter’s Five Forces model is used in order to recognize the competitive scenario in the global organ-on-chip market. This report incorporates the industry analysis which is focused on providing an extensive view of the organ-on-chip market.
The study also includes attractiveness analysis of type, application, end user and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
The report provides company profile of the key players operating in the organ-on-chip market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

Market Dynamics:

Drivers:

Increase in application of organ-on-chip devices in the healthcare sector
Growth in demand for organ-on-chips in drug screening
Rise in number of collaborations between pharmaceutical firms and organ-on-chip manufactures

Restrains:

High costs of organ-on-chip devices
Complexity nature of organ-on-chip models

Opportunities:

Growing global focus on drug discovery activities

Application of Organ-on-Chip in Oncological research

Development of multiple-organs-on-chip models

Challenges:

Paucity of skilled labor
Complexity associated with organ-on-chip models

Global Organ-on-Chip Market Key Findings:

All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.

Segmentation Analysis:

The global organ-on-chip market has been segmented on the basis of type, application, end user industry and regions.

Type segment is divided into liver, heart, kidney, lung, intestine, and others. Liver segment led the global organ-on-chip market with a 38.41% share of market revenue in 2017. Increasing incidence of liver-related diseases, as well as the ability of on-chip hepatic tissues to maintain metabolic activity and phenotype similar to the actual liver, were the factors that led liver segment to dominate the organ-on-cell market. Kidney segment is anticipated to grow at the highest CAGR of 38.79% over the forecast period. Factors such as the growing prevalence of renal ailments and increase in research grants for the nephrological research are projected to propel this increase in growth.
Application segment is categorized into physiological model development, drug development, and toxicological research. Drug discovery segment is projected to grow at an accelerated CAGR of 39.17% over the forecast period. Increasing focus on the development of newer drugs with improved efficacy, increasing preference for alternative techniques to conventional cell culture and animal testing models are the factors that are anticipated to boost this market growth.
End user is segmented into pharmaceutical and biotechnology companies, academic and research institutes and others. Pharmaceutical and biotechnology companies segment emerged as the largest segment with a 42.39% share of revenue in 2017. Increasing focus on the research and development for finding the cures for cancer and other genetic and incurable diseases was the main contributing factor for this increased market demand. Academic and research institutes segment is anticipated to grow at a CAGR of 38.26% over the forecast period, owing to growth in government funding for the research activities.

Regional Segmentation Analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. North America region emerged as the largest market for the organ-on-chip devices with a 48.64% share of market revenue in 2017, followed by Europe.

Factors such as increased government support for the novel drug discovery research activities, the presence of world-class academic and research institutes as well as well-established pharmaceutical and biotechnology industry are anticipated to propel North America region to grow at the highest CAGR of 39.37% over the forecast period.
Presence of key pharmaceutical and biotechnology firms and research facilities led Europe region to account for a significant share of the global organ-on-chip market in 2017.

Global Organ-on-Chip Market Competitive Analysis:

Key players in the global organ-on-chip market are Emulate Inc., CN Bio Innovations, Mimetas BV, InSphero AG, Ascendance Biotechnology, Inc., Kirkstall, Hurel Corporation, SynVivo, AxoSim Technologies LLC, Nortis Inc, Organovo Holdings, Inc, Tara Biosystems, Elveflow, TissUse GmbH, and Roche Holding AG among others. There has been growing activity in the drug discovery research. Thus to facilitate the use of organ-on-chip devices in the research activities, firms are increasingly focusing on launching newer and improved devices. For instance in 2018, CN Bio Innovations launched PhysioMimix, a printer-sized device which allows scientist to conduct organ-on-chip studies in their own labs, testing new drugs and chemicals on living human organ models.

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This study forecasts revenue growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global organ-on-chip market on the basis of below mentioned segments:

Global Organ-On-Chip Market by Type:

Liver
Heart
Lungs
Kidney
Other Organs

Global Organ-On-Chip Market by Application:

Physiological Model Development
Drug Discovery
Toxicology Research

Global Organ-On-Chip Market by End User:

Pharmaceutical & Biotechnology Companies
Academic & Research Institutes
Others

Global Organ-On-Chip Market by region:

North America

U.S.
Canada
Mexico

Europe

Germany
France
Sweden
Netherlands
U.K.
Italy
Spain
Turkey
Switzerland
Belgium
Rest of Europe

Asia-Pacific

Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific

South America

Brazil
Argentina
Colombia
Rest of South America

Middle East and Africa

Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of Middle East and Africa

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1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By End User
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends

5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increase in application of organ-on-chip devices in the healthcare sector
5.2.2. Growth in demand for organ-on-chips in drug screening
5.2.3. Rise in number of collaborations between pharmaceutical firms and organ-on-chip manufactures
5.3. Restraints
5.3.1. High costs of organ-on-chip devices
5.3.2. Complexity nature of organ-on-chip models
5.4. Opportunities
5.4.1. Growing global focus on drug discovery activities
5.4.2. Application of Organ-on-Chip in Oncological research
5.4.3. Development of multiple-organs-on-chip models
5.5. Challenges
5.5.1. Paucity of skilled labor

6. Global Organ-on-Chip Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Liver
6.3. Heart
6.4. Lung
6.5. Kidney
6.6. Other Organs

7. Global Organ-on-Chip Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Physiological Model Development
7.3. Drug Discovery
7.4. Toxicology Research

8. Global Organ-on-Chip Market Analysis and Forecast, By End User
8.1. Segment Overview
8.2. Pharmaceutical & Biotechnology Companies
8.3. Academic & Research Institutes
8.4. Others

9. Global Organ-on-Chip Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. Sweden
9.3.4. Netherlands
9.3.5. U.K.
9.3.6. Italy
9.3.7. Spain
9.3.8. Turkey
9.3.9. Switzerland
9.3.10. Belgium
9.3.11. Rest of Europe
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.4.4. South Korea
9.4.5. Australia
9.4.6. Singapore
9.4.7. Malaysia
9.4.8. Thailand
9.4.9. Indonesia
9.4.10. Philippines
9.4.11. Rest of Asia-Pacific
9.5. South America
9.5.1. Brazil
9.5.2. Argentina
9.5.3. Colombia
9.5.4. Rest of South America
9.6. Middle East and Africa
9.6.1. Saudi Arabia
9.6.2. UAE
9.6.3. Egypt
9.6.4. Nigeria
9.6.5. South Africa
9.6.6. Rest of Middle East and Africa

10. Global Organ-on-Chip Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Organ-on-Chip Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Application Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions

11. Company Profiles
11.1. Emulate Inc
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. CN Bio Innovations
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. TissUse
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Mimetas BV
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. InSphero AG
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Ascendance Biotechnology, Inc
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Kirkstall
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Hurel Corporation
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. SynVivo
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. AxoSim Technologies LLC
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Nortis Inc
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Organovo Holdings, Inc
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Tara Biosystems
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Elveflow
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Roche Holding AG
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis

List of Figures

1. Global Organ-on-Chip Market Segmentation

2. Organ-on-Chip Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis

7. Value Chain Analysis

8. Global Organ-On-Chip Market Attractiveness Analysis By Type

9. Global Organ-On-Chip Market Attractiveness Analysis By Application

10. Global Organ-On-Chip Market Attractiveness Analysis By End User

11. Global Organ-On-Chip Market Attractiveness Analysis By Region

12. Global Organ-On-Chip Market: Dynamics

13. Global Organ-On-Chip Market Share By Types (2017 & 2025)

14. Global Organ-On-Chip Market Share By Application (2017 & 2025)

15. Global Organ-On-Chip Market Share By End User (2017 & 2025)

16. Global Organ-On-Chip Market Share By Regions (2017 & 2025)

17. Global Organ-On-Chip Market Share By Company (2018)

List of Table

1. Global Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

2. Global Liver Organ-on-Chip Market, By Region, 2015–2025 (USD Million)

3. Global Heart Organ-on-Chip Market, By Region, 2015–2025

4. Global Lungs Organ-on-Chip Market, By Region, 2015–2025 (USD Million)

5. Global Kidney Organ-on-Chip Market, By Region, 2015–2025 (USD Million)

6. Global Others Organ-on-Chip Market, By Region, 2015–2025 (USD Million)

7. Global Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

8. Global Physiological Model Development Organ-on-Chip Market, BY Region, 2015–2025 (USD Million)

9. Global Drug Discovery Organ-on-Chip Market, By Region, 2015–2025 (USD Million)

10. Global Toxicology Research Organ-on-Chip Market, By Region, 2015–2025 (USD Million)

11. Global Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

12. Global Pharmaceutical & Biotechnology Companies Organ-on-Chip Market, By Region, 2015–2025 (USD Million)

13. Global Academic & Research Institutes Organ-on-Chip Market, By Region, 2015–2025 (USD Million)

14. Global Others Organ-on-Chip Market, By Region, 2015–2025 (USD Million)

15. Global Organ-on-Chip Market, By Region, 2015–2025 (USD Million)

16. North America Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

17. North America Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

18. North America Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

19. U.S. Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

20. U.S. Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

21. U.S. Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

22. Canada Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

23. Canada Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

24. Canada Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

25. Mexico Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

26. Mexico Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

27. Mexico Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

28. Europe Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

29. Europe Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

30. Europe Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

31. Germany Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

32. Germany Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

33. Germany Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

34. France Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

35. France Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

36. France Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

37. Sweden Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

38. Sweden Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

39. Sweden Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

40. Netherlands Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

41. Netherlands Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

42. Netherlands Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

43. U.K. Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

44. U.K. Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

45. U.K. Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

46. Italy Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

47. Italy Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

48. Italy Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

49. Spain Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

50. Spain Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

51. Spain Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

52. Turkey Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

53. Turkey Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

54. Turkey Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

55. Switzerland Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

56. Switzerland Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

57. Switzerland Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

58. Belgium Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

59. Belgium Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

60. Belgium Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

61. Asia Pacific Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

62. Asia Pacific Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

63. Asia Pacific Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

64. Japan Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

65. Japan Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

66. Japan Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

67. China Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

68. China Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

69. China Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

70. India Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

71. India Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

72. India Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

73. South Korea Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

74. South Korea Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

75. South Korea Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

76. Australia Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

77. Australia Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

78. Australia Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

79. Singapore Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

80. Singapore Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

81. Singapore Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

82. Malaysia Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

83. Malaysia Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

84. Malaysia Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

85. Thailand Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

86. Thailand Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

87. Thailand Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

88. Indonesia Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

89. Indonesia Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

90. Indonesia Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

91. Philippines Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

92. Philippines Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

93. Philippines Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

94. South America Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

95. South America Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

96. South America Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

97. Brazil Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

98. Brazil Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

99. Brazil Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

100. Argentina Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

101. Argentina Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

102. Argentina Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

103. Colombia Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

104. Colombia Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

105. Colombia Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

106. Middle East and Africa Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

107. Middle East and Africa Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

108. Middle East and Africa Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

109. Saudi Arabia Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

110. Saudi Arabia Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

111. Saudi Arabia Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

112. UAE Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

113. UAE Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

114. UAE Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

115. Egypt Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

116. Egypt Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

117. Egypt Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

118. Nigeria Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

119. Nigeria Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

120. Nigeria Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

121. South Africa Organ-on-Chip Market, By Type, 2015–2025 (USD Million)

122. South Africa Organ-on-Chip Market, By Application, 2015–2025 (USD Million)

123. South Africa Organ-on-Chip Market, By End User, 2015–2025 (USD Million)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

Market research helps businesses strengthen a company’s position
Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
Market research helps in identifying the potential threats and opportunities associated with the business industry
Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

Data Collection
Data Synthesis
Market Deduction & Formulation
Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends.
Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information.

We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:

Export & Import Data
Business Information related to trade and its statistics
Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.

In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
Examining demographic along with psychographic segmentation for market evaluation
Analyzing the macro and micro-economic indicators for each demography
Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology.

Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.

The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Testimonials

Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –

Kennedy Brown
Health Technology Innovation
United States

Hi Rahul,
Thank You for the report it is good and beneficial for me.
Thank You in Advance

Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!