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Global Organ-On-Chip Market - Industry Analysis and Forecast (2019-2026) – By Offering, Type, Application, End User, Region.
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The growth of Organ-On-Chip market is mainly driven by rise in the demand for alternatives for animal models in research, research funding and venture capital investments, technological advancements, products launches, and M&A between pharmaceutical industries and organs-on-chips manufacturers. Factors such as advancement in healthcare devices and increasing rate of an organ transplant are expected to boost the demand for organ on a chip. Healthcare expenditure across the globe and increasing death rate due to chronic diseases, advancement in healthcare devices and organ transplant are expected to boost the demand for organ on a chip.
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