According to the Market Statsville Group (MSG), the Global Kidney Chip Market size is expected to grow at a CAGR of 17.6% from 2023 to 2033.
A kidney chip is a microfluidic or microchip-based device designed for studying kidney functions. This chip is used in laboratories to gain data on the physiological conditions of the kidneys, which helps researchers to study kidney function and disease progression in a controlled environment. These chips are also used for drug testing and disease research. The rising prevalence of kidney diseases and the growing demand for effective treatment options boost the demand for kidney chips. As these kidney chips provide data and treatment options in studying kidney function, disease mechanisms, and drug responses so that professionals can develop innovative and more targeted therapies. The emergence of personalized medicine helps researchers to more patient-centric treatment which augments the demand for kidney chips.
Moreover, the ongoing advancements in microfabrication and microfluidics technologies have opened up opportunities for the market. The smaller research laboratories and biotech companies are collaborating to enter the market, further expanding the market demand. In addition, the increasing government investment in healthcare and biotechnology for targeted therapies is another factor that drives the market’s growth over the forecast period.
Based on treatment, the market is divided into pharmaceutical & biotechnology companies, academic & research institutes, the cosmetics industry, and others. The pharmaceutical & biotechnology companies segment accounted for the largest market share in 2023. Pharmaceutical and biotechnology companies are focused on advancing drug discovery and development in kidney functionality and treatment. The continuous investment by pharmaceutical and biotechnology companies in kidney chips for developing drugs and medication that effectively help in treating kidney-related diseases. Also, the academic & research institutes segment is witnessing significant growth in the market owing to the rising demand for accurate and reliable treatment for targeted diseases.
Based on the geograhical viewpoint, the global kidney chip market has been analyzed for North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Among these regions, North America dominated the global kidney chip market with over 40% share in 2023. The sedentary lifestyle and increasing chronic kidney disease (CKD) condition in the region, increase demand for better diagnostic tools and therapeutic approaches, thereby increasing demand for the kidney chip market in the region. According to the report published by Centers for Disease Control and Prevention (CDC) in 2023, around 35.5 million or 14% of the US population have chronic kidney disease and millions more are at risk. Further, North America is home to a robust pharmaceutical and biotechnology industry, and the region’s high investment in healthcare technologies creates a lucrative growth opportunity for the market.
The Major key players in the global kidney chip market are:
This market research study categorizes the kidney chip market-based on type, and application area at the regional and global levels.
Frequently Asked Questions
The global kidney chip market has a potential to grow at a CAGR of 17.6% from 2023 to 2033
The main players operating in the global market are Emulate, Mimetas, TissUse, Valo Health, CN Bio Innovations, Hesperos, Draper Laboratory, Nortis, Micronit Microtechnologies B.V., Kirkstall, Cherry Biotech SAS, Else Kooi Laboratory, Altis Biosystems, Bi/ond, Netri, Wyss Institute, among others.
The kidney chip market offers promising opportunities for advancing healthcare and research, but it also entails the risk of regulatory challenges and the need for continued innovation to meet evolving demands and standards.
The kidney chip market is being influenced by key trends, innovations, and technological advancements such as the integration of organ-on-a-chip technology, 3D printing for more sophisticated kidney models, and increased use of artificial intelligence for data analysis, all contributing to more accurate disease modeling and drug testing.
Consumer buying patterns, preferences, and behaviors in the kidney chip market are driven by a demand for cost-effective and highly reliable devices that can accurately model kidney function and diseases for research and drug development purposes, with an increasing emphasis on customization and user-friendly interfaces.
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