Shopping Cart 0
Cart Subtotal
USD 0

Global Organ-on-Chip Market 2020-2030 by Offering (Chips, Service), Organ Type (Liver, Heart, Lung, Kidney, Brain, Skin), Material (Polymers, Glass, Silicon), Application, End User, and Region: Trend Forecast and Growth Opportunity

Restricted to one authorized user; Open on 1 PC/ mobile / Tablet only.
Print Option: No
Copy Option: No
Download Option: No
Deliverable Format : PDF viewable on the website via username

Single User License
USD 3300

Restricted to one authorized user; Open on 1 PC/ mobile / Tablet only.
Print Option: No
Copy Option: No
Download Option: No
Deliverable Format : PDF viewable on the website via username

Site License
USD 4600

Multiple Users within the Company/ Enterprise
Print Option: Yes
Copy Option: Yes
Download Option: Yes
Deliverable Format : Excel, PDF viewable on the website via username

Corporate User License
USD 5900

Details

Global organ-on-chip market will reach USD 420.6 million by 2030, growing by 33.5% annually over 2020-2030 owing to the rising use of organ-on-a-chip (OOC) in early detection of drug toxicity, increasing demand for personalized medicine, the emergence of OOC as an alternative to animal testing, the significant increase in research funding and venture capital investments.

Highlighted with 82 tables and 83 figures, this 160-page report Global Organ-on-Chip Market 2020-2030 by Offering (Chips, Service), Organ Type (Liver, Heart, Lung, Kidney, Brain, Skin), Material (Polymers, Glass, Silicon), Application, End User, and Region: Trend Forecast and Growth Opportunity is based on a comprehensive research of the entire global organ-on-chip market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure

Growth Drivers

Restraints and Challenges

Emerging Product Trends & Market Opportunities

Porter's Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global organ-on-chip market in every aspect of the classification from perspectives of Offering, Organ Type, Material, Application, End User, and Region.

 

Based on Offering, the global market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each section.

Chips

Service

 

Based on Organ Type, the global market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each section.

Liver-on-a-Chip

Heart-on-a-Chip

Lung-on-a-Chip

Kidney-on-a-Chip

Brain-on-a-Chip

Skin-on-a-Chip

Vessels-on-a-Chip

Other Organ Types

 

Based on Material, the global market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each section.

Polymers

Glass

Silicon

 

Based on Application, the global market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each section.

Drug Discovery

Toxicology Research

Other Applications

 

Based on End User, the global market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each section.

Pharmaceutical and Biotechnology Companies

Academic and Research Institutes

Cosmetics Industry

Other End Users

 

Geographically, the following regions together with the listed national/local markets are fully investigated:

North America (U.S., Canada, and Mexico)

Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

South America (Brazil, Chile, Argentina, Rest of South America)

MEA (UAE, Saudi Arabia, South Africa)

For each aforementioned region and country, detailed analysis and data for annual revenue (USD mn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Organ Type, Application, and End User over the forecast years are also included.

 

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Key Players (this may not be a complete list and extra companies can be added upon request):

AxoSim Inc.

BiomimX SRL

Cherry Biotech

CN Bio Innovations, Ltd.

Emulate Inc.

Hurel Corporation

InSphero AG

Kirkstall, Ltd.

MIMETAS BV

Nortis Inc.

Organovo, Inc.

SynVivo, Inc.

Tara Biosystems Inc.

TissUse GmbH

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

READ MORE

Table Of Content

Scope

1 Introduction 8

1.1 Industry Definition and Research Scope 8

1.1.1 Industry Definition 8

1.1.2 Research Scope 9

1.2 Research Methodology 12

1.2.1 Overview of Market Research Methodology 12

1.2.2 Market Assumption 13

1.2.3 Secondary Data 13

1.2.4 Primary Data 13

1.2.5 Data Filtration and Model Design 14

1.2.6 Market Size/Share Estimation 15

1.2.7 Research Limitations 16

1.3 Executive Summary 17

2 Market Overview and Dynamics 20

2.1 Market Size and Forecast 20

2.1.1 Impact of COVID-19 on World Economy 21

2.1.2 Impact of COVID-19 on the Market 23

2.2 Major Growth Drivers 25

2.3 Market Restraints and Challenges 30

2.4 Emerging Opportunities and Market Trends 33

2.5 Porter's Fiver Forces Analysis 37

3 Segmentation of Global Market by Offering 41

3.1 Market Overview by Offering 41

3.2 Chips 43

3.3 Service 44

4 Segmentation of Global Market by Organ Type 45

4.1 Market Overview by Organ Type 45

4.2 Liver-on-a-Chip 47

4.3 Heart-on-a-Chip 48

4.4 Lung-on-a-Chip 49

4.5 Kidney-on-a-Chip 50

4.6 Brain-on-a-Chip 51

4.7 Skin-on-a-Chip 52

4.8 Vessels-on-a-Chip 53

4.9 Other Organ Types 54

5 Segmentation of Global Market by Material 55

5.1 Market Overview by Material 55

5.2 Polymers 57

5.3 Glass 58

5.4 Silicon 59

6 Segmentation of Global Market by Application 60

6.1 Market Overview by Application 60

6.2 Drug Discovery 62

6.3 Toxicology Research 63

6.4 Other Applications 64

7 Segmentation of Global Market by End User 65

7.1 Market Overview by End User 65

7.2 Pharmaceutical and Biotechnology Companies 67

7.3 Academic and Research Institutes 68

7.4 Cosmetics Industry 69

7.5 Other End Users 70

8 Segmentation of Global Market by Region 71

8.1 Geographic Market Overview 2019-2030 71

8.2 North America Market 2019-2030 by Country 75

8.2.1 Overview of North America Market 75

8.2.2 U.S. 79

8.2.3 Canada 82

8.2.4 Mexico 84

8.3 European Market 2019-2030 by Country 86

8.3.1 Overview of European Market 86

8.3.2 Germany 90

8.3.3 U.K. 92

8.3.4 France 94

8.3.5 Spain 96

8.3.6 Italy 98

8.3.7 Russia 100

8.3.8 Rest of European Market 102

8.4 Asia-Pacific Market 2019-2030 by Country 104

8.4.1 Overview of Asia-Pacific Market 104

8.4.2 Japan 108

8.4.3 China 111

8.4.4 Australia 113

8.4.5 India 115

8.4.6 South Korea 117

8.4.7 Rest of APAC Region 119

8.5 South America Market 2019-2030 by Country 121

8.5.1 Argentina 124

8.5.2 Brazil 126

8.5.3 Chile 128

8.5.4 Rest of South America Market 130

8.6 MEA Market 2019-2030 by Country 131

8.6.1 UAE 134

8.6.2 Saudi Arabia 136

8.6.3 South Africa 138

8.6.4 Other National Markets 140

9 Competitive Landscape 141

9.1 Overview of Key Vendors 141

9.2 New Product Launch, Partnership, Investment, and M&A 144

9.3 Company Profiles 145

AxoSim Inc. 145

BiomimX SRL 147

Cherry Biotech 148

CN Bio Innovations, Ltd. 149

Emulate Inc. 150

Hurel Corporation 151

InSphero AG 152

Kirkstall, Ltd. 153

MIMETAS BV 154

Nortis Inc. 155

Organovo, Inc. 156

SynVivo, Inc. 157

Tara Biosystems Inc. 158

TissUse GmbH 159

RELATED REPORTS 160


List Of Figure

Figure 1. Research Method Flow Chart 12

Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15

Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 17

Figure 4. Global Organ-on-Chip Market, 2019-2030, USD mn 20

Figure 5. Impact of COVID-19 on Business 23

Figure 6. Primary Drivers and Impact Factors of Global Organ-on-Chip Market 25

Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 28

Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 28

Figure 9. Primary Restraints and Impact Factors of Global Organ-on-Chip Market 30

Figure 10. Investment Opportunity Analysis 34

Figure 11. Porter's Fiver Forces Analysis of Global Organ-on-Chip Market 37

Figure 12. Breakdown of Global Organ-on-Chip Market by Offering, 2019-2030, % of Revenue 42

Figure 13. Global Addressable Market Cap in 2021-2030 by Offering, Value (USD mn) and Share (%) 42

Figure 14. Global Organ-on-Chip Market: Chips, 2019-2030, USD mn 43

Figure 15. Global Organ-on-Chip Market: Service, 2019-2030, USD mn 44

Figure 16. Breakdown of Global Organ-on-Chip Market by Organ Type, 2019-2030, % of Sales Revenue 46

Figure 17. Global Addressable Market Cap in 2021-2030 by Organ Type, Value (USD mn) and Share (%) 46

Figure 18. Global Organ-on-Chip Market: Liver-on-a-Chip, 2019-2030, USD mn 47

Figure 19. Global Organ-on-Chip Market: Heart-on-a-Chip, 2019-2030, USD mn 48

Figure 20. Global Organ-on-Chip Market: Lung-on-a-Chip, 2019-2030, USD mn 49

Figure 21. Global Organ-on-Chip Market: Kidney-on-a-Chip, 2019-2030, USD mn 50

Figure 22. Global Organ-on-Chip Market: Brain-on-a-Chip, 2019-2030, USD mn 51

Figure 23. Global Organ-on-Chip Market: Skin-on-a-Chip, 2019-2030, USD mn 52

Figure 24. Global Organ-on-Chip Market: Vessels-on-a-Chip, 2019-2030, USD mn 53

Figure 25. Global Organ-on-Chip Market: Other Organ Types, 2019-2030, USD mn 54

Figure 26. Breakdown of Global Organ-on-Chip Market by Material, 2019-2030, % of Sales Revenue 56

Figure 27. Global Addressable Market Cap in 2021-2030 by Material, Value (USD mn) and Share (%) 56

Figure 28. Global Organ-on-Chip Market: Polymers, 2019-2030, USD mn 57

Figure 29. Global Organ-on-Chip Market: Glass, 2019-2030, USD mn 58

Figure 30. Global Organ-on-Chip Market: Silicon, 2019-2030, USD mn 59

Figure 31. Breakdown of Global Organ-on-Chip Market by Application, 2019-2030, % of Revenue 61

Figure 32. Global Addressable Market Cap in 2021-2030 by Application, Value (USD mn) and Share (%) 61

Figure 33. Global Organ-on-Chip Market: Drug Discovery, 2019-2030, USD mn 62

Figure 34. Global Organ-on-Chip Market: Toxicology Research, 2019-2030, USD mn 63

Figure 35. Global Organ-on-Chip Market: Other Applications, 2019-2030, USD mn 64

Figure 36. Breakdown of Global Organ-on-Chip Market by End User, 2019-2030, % of Revenue 66

Figure 37. Global Addressable Market Cap in 2021-2030 by End User, Value (USD mn) and Share (%) 66

Figure 38. Global Organ-on-Chip Market: Pharmaceutical and Biotechnology Companies, 2019-2030, USD mn 67

Figure 39. Global Organ-on-Chip Market: Academic and Research Institutes, 2019-2030, USD mn 68

Figure 40. Global Organ-on-Chip Market: Cosmetics Industry, 2019-2030, USD mn 69

Figure 41. Global Organ-on-Chip Market: Other End Users, 2019-2030, USD mn 70

Figure 42. Global Market Snapshot by Region 71

Figure 43. Geographic Spread of Worldwide Organ-on-Chip Market, 2019-2030, % of Sales Revenue 72

Figure 44. Global Addressable Market Cap in 2021-2030 by Region, Value (USD mn) and Share (%) 73

Figure 45. North American Organ-on-Chip Market, 2019-2030, USD mn 76

Figure 46. Breakdown of North America Organ-on-Chip Market by Country, 2019 and 2030F, % of Revenue 77

Figure 47. Contribution to North America 2021-2030 Cumulative Revenue by Country, Value (USD mn) and Share (%) 78

Figure 48. U.S. Organ-on-Chip Market, 2019-2030, USD mn 80

Figure 49. Canada Organ-on-Chip Market, 2019-2030, USD mn 82

Figure 50. Organ-on-Chip Market in Mexico, 2015-2030F, USD mn 84

Figure 51. European Organ-on-Chip Market, 2019-2030, USD mn 87

Figure 52. Breakdown of European Organ-on-Chip Market by Country, 2019 and 2030F, % of Revenue 88

Figure 53. Contribution to Europe 2021-2030 Cumulative Revenue by Country, Value (USD mn) and Share (%) 89

Figure 54. Organ-on-Chip Market in Germany, 2019-2030, USD mn 90

Figure 55. Organ-on-Chip Market in U.K., 2019-2030, USD mn 92

Figure 56. Organ-on-Chip Market in France, 2019-2030, USD mn 94

Figure 57. Organ-on-Chip Market in Spain, 2019-2030, USD mn 96

Figure 58. Organ-on-Chip Market in Italy, 2019-2030, USD mn 98

Figure 59. Organ-on-Chip Market in Russia, 2019-2030, USD mn 100

Figure 60. Organ-on-Chip Market in Rest of Europe, 2019-2030, USD mn 102

Figure 61. Asia-Pacific Organ-on-Chip Market, 2019-2030, USD mn 105

Figure 62. Breakdown of APAC Organ-on-Chip Market by Country, 2019 and 2030F, % of Revenue 105

Figure 63. Contribution to APAC 2021-2030 Cumulative Revenue by Country, Value (USD mn) and Share (%) 107

Figure 64. Organ-on-Chip Market in Japan, 2019-2030, USD mn 109

Figure 65. Organ-on-Chip Market in China, 2019-2030, USD mn 111

Figure 66. Organ-on-Chip Market in Australia, 2019-2030, USD mn 113

Figure 67. Organ-on-Chip Market in India, 2019-2030, USD mn 115

Figure 68. Organ-on-Chip Market in South Korea, 2019-2030, USD mn 117

Figure 69. Organ-on-Chip Market in Rest of APAC, 2019-2030, USD mn 119

Figure 70. South America Organ-on-Chip Market, 2019-2030, USD mn 122

Figure 71. Breakdown of South America Organ-on-Chip Market by Country, 2019 and 2030F, % of Revenue 122

Figure 72. Contribution to South America 2021-2030 Cumulative Revenue by Country, Value (USD mn) and Share (%) 123

Figure 73. Organ-on-Chip Market in Argentina, 2019-2030, USD mn 124

Figure 74. Organ-on-Chip Market in Brazil, 2019-2030, USD mn 126

Figure 75. Organ-on-Chip Market in Chile, 2019-2030, USD mn 128

Figure 76. Organ-on-Chip Market in Rest of South America, 2019-2030, USD mn 130

Figure 77. Organ-on-Chip Market in Middle East and Africa (MEA), 2019-2030, USD mn 132

Figure 78. Breakdown of MEA Organ-on-Chip Market by Country, 2019 and 2030F, % of Revenue 132

Figure 79. Contribution to MEA 2021-2030 Cumulative Revenue by Country, Value (USD mn) and Share (%) 133

Figure 80. Organ-on-Chip Market in UAE, 2019-2030, USD mn 134

Figure 81. Organ-on-Chip Market in Saudi Arabia, 2019-2030, USD mn 136

Figure 82. Organ-on-Chip Market in South Africa, 2019-2030, USD mn 138

Figure 83. Growth Stage of Global Organ-on-Chip Industry over the Forecast Period 141


List Of Table

Table 1. Snapshot of Global Organ-on-Chip Market in Balanced Perspective, 2019-2030 18

Table 2. Growth Rate of World GDP, 2020-2022 22

Table 3. World Health Spending by Region, USD bn, 2013-2020 29

Table 4. Main Product Trends and Market Opportunities in Global Organ-on-Chip Market 33

Table 5. Global Organ-on-Chip Market by Offering, 2019-2030, USD mn 41

Table 6. Global Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 45

Table 7. Global Organ-on-Chip Market by Material, 2019-2030, USD mn 55

Table 8. Global Organ-on-Chip Market by Application, 2019-2030, USD mn 60

Table 9. Global Organ-on-Chip Market by End User, 2019-2030, USD mn 65

Table 10. Global Organ-on-Chip Market by Region, 2019-2030, USD mn 72

Table 11. Leading National Organ-on-Chip Market, 2019 and 2030F, USD mn 74

Table 12. North America Organ-on-Chip Market by Country, 2019-2030, USD mn 77

Table 13. U.S. Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 81

Table 14. U.S. Organ-on-Chip Market by Application, 2019-2030, USD mn 81

Table 15. U.S. Organ-on-Chip Market by End User, 2019-2030, USD mn 81

Table 16. Canada Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 83

Table 17. Canada Organ-on-Chip Market by Application, 2019-2030, USD mn 83

Table 18. Canada Organ-on-Chip Market by End User, 2019-2030, USD mn 83

Table 19. Mexico Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 85

Table 20. Mexico Organ-on-Chip Market by Application, 2019-2030, USD mn 85

Table 21. Mexico Organ-on-Chip Market by End User, 2019-2030, USD mn 85

Table 22. Europe Organ-on-Chip Market by Country, 2019-2030, USD mn 89

Table 23. Germany Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 91

Table 24. Germany Organ-on-Chip Market by Application, 2019-2030, USD mn 91

Table 25. Germany Organ-on-Chip Market by End User, 2019-2030, USD mn 91

Table 26. U.K. Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 93

Table 27. U.K. Organ-on-Chip Market by Application, 2019-2030, USD mn 93

Table 28. U.K. Organ-on-Chip Market by End User, 2019-2030, USD mn 93

Table 29. France Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 95

Table 30. France Organ-on-Chip Market by Application, 2019-2030, USD mn 95

Table 31. France Organ-on-Chip Market by End User, 2019-2030, USD mn 95

Table 32. Spain Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 97

Table 33. Spain Organ-on-Chip Market by Application, 2019-2030, USD mn 97

Table 34. Spain Organ-on-Chip Market by End User, 2019-2030, USD mn 97

Table 35. Italy Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 99

Table 36. Italy Organ-on-Chip Market by Application, 2019-2030, USD mn 99

Table 37. Italy Organ-on-Chip Market by End User, 2019-2030, USD mn 99

Table 38. Russia Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 101

Table 39. Russia Organ-on-Chip Market by Application, 2019-2030, USD mn 101

Table 40. Russia Organ-on-Chip Market by End User, 2019-2030, USD mn 101

Table 41. Organ-on-Chip Market in Rest of Europe by Country, 2019-2030, USD mn 103

Table 42. APAC Organ-on-Chip Market by Country, 2019-2030, USD mn 106

Table 43. Japan Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 110

Table 44. Japan Organ-on-Chip Market by Application, 2019-2030, USD mn 110

Table 45. Japan Organ-on-Chip Market by End User, 2019-2030, USD mn 110

Table 46. China Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 112

Table 47. China Organ-on-Chip Market by Application, 2019-2030, USD mn 112

Table 48. China Organ-on-Chip Market by End User, 2019-2030, USD mn 112

Table 49. Australia Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 114

Table 50. Australia Organ-on-Chip Market by Application, 2019-2030, USD mn 114

Table 51. Australia Organ-on-Chip Market by End User, 2019-2030, USD mn 114

Table 52. India Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 116

Table 53. India Organ-on-Chip Market by Application, 2019-2030, USD mn 116

Table 54. India Organ-on-Chip Market by End User, 2019-2030, USD mn 116

Table 55. South Korea Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 118

Table 56. South Korea Organ-on-Chip Market by Application, 2019-2030, USD mn 118

Table 57. South Korea Organ-on-Chip Market by End User, 2019-2030, USD mn 118

Table 58. Organ-on-Chip Market in Rest of APAC by Country/Region, 2019-2030, USD mn 120

Table 59. South America Organ-on-Chip Market by Country, 2019-2030, USD mn 123

Table 60. Argentina Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 125

Table 61. Argentina Organ-on-Chip Market by Application, 2019-2030, USD mn 125

Table 62. Argentina Organ-on-Chip Market by End User, 2019-2030, USD mn 125

Table 63. Brazil Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 127

Table 64. Brazil Organ-on-Chip Market by Application, 2019-2030, USD mn 127

Table 65. Brazil Organ-on-Chip Market by End User, 2019-2030, USD mn 127

Table 66. Chile Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 129

Table 67. Chile Organ-on-Chip Market by Application, 2019-2030, USD mn 129

Table 68. Chile Organ-on-Chip Market by End User, 2019-2030, USD mn 129

Table 69. MEA Organ-on-Chip Market by Country, 2019-2030, USD mn 133

Table 70. UAE Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 135

Table 71. UAE Organ-on-Chip Market by Application, 2019-2030, USD mn 135

Table 72. UAE Organ-on-Chip Market by End User, 2019-2030, USD mn 135

Table 73. Saudi Arabia Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 137

Table 74. Saudi Arabia Organ-on-Chip Market by Application, 2019-2030, USD mn 137

Table 75. Saudi Arabia Organ-on-Chip Market by End User, 2019-2030, USD mn 137

Table 76. South Africa Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 139

Table 77. South Africa Organ-on-Chip Market by Application, 2019-2030, USD mn 139

Table 78. South Africa Organ-on-Chip Market by End User, 2019-2030, USD mn 139

Table 79. AxoSim Inc.: Company Snapshot 145

Table 80. AxoSim Inc.: Business Segmentation 145

Table 81. AxoSim Inc.: Product Portfolio 146

Table 82. AxoSim Inc.: Revenue, 2017-2019, USD mn 146

Licence Rights

Section Purchase

To know more information on Purchase by Section, please send a mail to support@kenresearch.com

INQUIRE FOR COVID-19 IMPACT ANALYSIS

Products and Companies


Companies

Key Players (this may not be a complete list and extra companies can be added upon request):

AxoSim Inc.

BiomimX SRL

Cherry Biotech

CN Bio Innovations, Ltd.

Emulate Inc.

Hurel Corporation

InSphero AG

Kirkstall, Ltd.

MIMETAS BV

Nortis Inc.

Organovo, Inc.

SynVivo, Inc.

Tara Biosystems Inc.

TissUse GmbH

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Company Profile

Company Profile Title

Global organ-on-chip market will reach USD 420.6 million by 2030, growing by 33.5% annually over 2020-2030 owing to the rising use of organ-on-a-chip (OOC) in early detection of drug toxicity, increasing demand for personalized medicine, the emergence of OOC as an alternative to animal testing, the significant increase in research funding and venture capital investments.

Highlighted with 82 tables and 83 figures, this 160-page report Global Organ-on-Chip Market 2020-2030 by Offering (Chips, Service), Organ Type (Liver, Heart, Lung, Kidney, Brain, Skin), Material (Polymers, Glass, Silicon), Application, End User, and Region: Trend Forecast and Growth Opportunity is based on a comprehensive research of the entire global organ-on-chip market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure

Growth Drivers

Restraints and Challenges

Emerging Product Trends & Market Opportunities

Porter's Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global organ-on-chip market in every aspect of the classification from perspectives of Offering, Organ Type, Material, Application, End User, and Region.

 

Based on Offering, the global market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each section.

Chips

Service

 

Based on Organ Type, the global market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each section.

Liver-on-a-Chip

Heart-on-a-Chip

Lung-on-a-Chip

Kidney-on-a-Chip

Brain-on-a-Chip

Skin-on-a-Chip

Vessels-on-a-Chip

Other Organ Types

 

Based on Material, the global market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each section.

Polymers

Glass

Silicon

 

Based on Application, the global market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each section.

Drug Discovery

Toxicology Research

Other Applications

 

Based on End User, the global market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each section.

Pharmaceutical and Biotechnology Companies

Academic and Research Institutes

Cosmetics Industry

Other End Users

 

Geographically, the following regions together with the listed national/local markets are fully investigated:

North America (U.S., Canada, and Mexico)

Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

South America (Brazil, Chile, Argentina, Rest of South America)

MEA (UAE, Saudi Arabia, South Africa)

For each aforementioned region and country, detailed analysis and data for annual revenue (USD mn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Organ Type, Application, and End User over the forecast years are also included.

 

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Key Players (this may not be a complete list and extra companies can be added upon request):

AxoSim Inc.

BiomimX SRL

Cherry Biotech

CN Bio Innovations, Ltd.

Emulate Inc.

Hurel Corporation

InSphero AG

Kirkstall, Ltd.

MIMETAS BV

Nortis Inc.

Organovo, Inc.

SynVivo, Inc.

Tara Biosystems Inc.

TissUse GmbH

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

READ MORE

Scope

1 Introduction 8

1.1 Industry Definition and Research Scope 8

1.1.1 Industry Definition 8

1.1.2 Research Scope 9

1.2 Research Methodology 12

1.2.1 Overview of Market Research Methodology 12

1.2.2 Market Assumption 13

1.2.3 Secondary Data 13

1.2.4 Primary Data 13

1.2.5 Data Filtration and Model Design 14

1.2.6 Market Size/Share Estimation 15

1.2.7 Research Limitations 16

1.3 Executive Summary 17

2 Market Overview and Dynamics 20

2.1 Market Size and Forecast 20

2.1.1 Impact of COVID-19 on World Economy 21

2.1.2 Impact of COVID-19 on the Market 23

2.2 Major Growth Drivers 25

2.3 Market Restraints and Challenges 30

2.4 Emerging Opportunities and Market Trends 33

2.5 Porter's Fiver Forces Analysis 37

3 Segmentation of Global Market by Offering 41

3.1 Market Overview by Offering 41

3.2 Chips 43

3.3 Service 44

4 Segmentation of Global Market by Organ Type 45

4.1 Market Overview by Organ Type 45

4.2 Liver-on-a-Chip 47

4.3 Heart-on-a-Chip 48

4.4 Lung-on-a-Chip 49

4.5 Kidney-on-a-Chip 50

4.6 Brain-on-a-Chip 51

4.7 Skin-on-a-Chip 52

4.8 Vessels-on-a-Chip 53

4.9 Other Organ Types 54

5 Segmentation of Global Market by Material 55

5.1 Market Overview by Material 55

5.2 Polymers 57

5.3 Glass 58

5.4 Silicon 59

6 Segmentation of Global Market by Application 60

6.1 Market Overview by Application 60

6.2 Drug Discovery 62

6.3 Toxicology Research 63

6.4 Other Applications 64

7 Segmentation of Global Market by End User 65

7.1 Market Overview by End User 65

7.2 Pharmaceutical and Biotechnology Companies 67

7.3 Academic and Research Institutes 68

7.4 Cosmetics Industry 69

7.5 Other End Users 70

8 Segmentation of Global Market by Region 71

8.1 Geographic Market Overview 2019-2030 71

8.2 North America Market 2019-2030 by Country 75

8.2.1 Overview of North America Market 75

8.2.2 U.S. 79

8.2.3 Canada 82

8.2.4 Mexico 84

8.3 European Market 2019-2030 by Country 86

8.3.1 Overview of European Market 86

8.3.2 Germany 90

8.3.3 U.K. 92

8.3.4 France 94

8.3.5 Spain 96

8.3.6 Italy 98

8.3.7 Russia 100

8.3.8 Rest of European Market 102

8.4 Asia-Pacific Market 2019-2030 by Country 104

8.4.1 Overview of Asia-Pacific Market 104

8.4.2 Japan 108

8.4.3 China 111

8.4.4 Australia 113

8.4.5 India 115

8.4.6 South Korea 117

8.4.7 Rest of APAC Region 119

8.5 South America Market 2019-2030 by Country 121

8.5.1 Argentina 124

8.5.2 Brazil 126

8.5.3 Chile 128

8.5.4 Rest of South America Market 130

8.6 MEA Market 2019-2030 by Country 131

8.6.1 UAE 134

8.6.2 Saudi Arabia 136

8.6.3 South Africa 138

8.6.4 Other National Markets 140

9 Competitive Landscape 141

9.1 Overview of Key Vendors 141

9.2 New Product Launch, Partnership, Investment, and M&A 144

9.3 Company Profiles 145

AxoSim Inc. 145

BiomimX SRL 147

Cherry Biotech 148

CN Bio Innovations, Ltd. 149

Emulate Inc. 150

Hurel Corporation 151

InSphero AG 152

Kirkstall, Ltd. 153

MIMETAS BV 154

Nortis Inc. 155

Organovo, Inc. 156

SynVivo, Inc. 157

Tara Biosystems Inc. 158

TissUse GmbH 159

RELATED REPORTS 160


List Of Figure

Figure 1. Research Method Flow Chart 12

Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15

Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 17

Figure 4. Global Organ-on-Chip Market, 2019-2030, USD mn 20

Figure 5. Impact of COVID-19 on Business 23

Figure 6. Primary Drivers and Impact Factors of Global Organ-on-Chip Market 25

Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 28

Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 28

Figure 9. Primary Restraints and Impact Factors of Global Organ-on-Chip Market 30

Figure 10. Investment Opportunity Analysis 34

Figure 11. Porter's Fiver Forces Analysis of Global Organ-on-Chip Market 37

Figure 12. Breakdown of Global Organ-on-Chip Market by Offering, 2019-2030, % of Revenue 42

Figure 13. Global Addressable Market Cap in 2021-2030 by Offering, Value (USD mn) and Share (%) 42

Figure 14. Global Organ-on-Chip Market: Chips, 2019-2030, USD mn 43

Figure 15. Global Organ-on-Chip Market: Service, 2019-2030, USD mn 44

Figure 16. Breakdown of Global Organ-on-Chip Market by Organ Type, 2019-2030, % of Sales Revenue 46

Figure 17. Global Addressable Market Cap in 2021-2030 by Organ Type, Value (USD mn) and Share (%) 46

Figure 18. Global Organ-on-Chip Market: Liver-on-a-Chip, 2019-2030, USD mn 47

Figure 19. Global Organ-on-Chip Market: Heart-on-a-Chip, 2019-2030, USD mn 48

Figure 20. Global Organ-on-Chip Market: Lung-on-a-Chip, 2019-2030, USD mn 49

Figure 21. Global Organ-on-Chip Market: Kidney-on-a-Chip, 2019-2030, USD mn 50

Figure 22. Global Organ-on-Chip Market: Brain-on-a-Chip, 2019-2030, USD mn 51

Figure 23. Global Organ-on-Chip Market: Skin-on-a-Chip, 2019-2030, USD mn 52

Figure 24. Global Organ-on-Chip Market: Vessels-on-a-Chip, 2019-2030, USD mn 53

Figure 25. Global Organ-on-Chip Market: Other Organ Types, 2019-2030, USD mn 54

Figure 26. Breakdown of Global Organ-on-Chip Market by Material, 2019-2030, % of Sales Revenue 56

Figure 27. Global Addressable Market Cap in 2021-2030 by Material, Value (USD mn) and Share (%) 56

Figure 28. Global Organ-on-Chip Market: Polymers, 2019-2030, USD mn 57

Figure 29. Global Organ-on-Chip Market: Glass, 2019-2030, USD mn 58

Figure 30. Global Organ-on-Chip Market: Silicon, 2019-2030, USD mn 59

Figure 31. Breakdown of Global Organ-on-Chip Market by Application, 2019-2030, % of Revenue 61

Figure 32. Global Addressable Market Cap in 2021-2030 by Application, Value (USD mn) and Share (%) 61

Figure 33. Global Organ-on-Chip Market: Drug Discovery, 2019-2030, USD mn 62

Figure 34. Global Organ-on-Chip Market: Toxicology Research, 2019-2030, USD mn 63

Figure 35. Global Organ-on-Chip Market: Other Applications, 2019-2030, USD mn 64

Figure 36. Breakdown of Global Organ-on-Chip Market by End User, 2019-2030, % of Revenue 66

Figure 37. Global Addressable Market Cap in 2021-2030 by End User, Value (USD mn) and Share (%) 66

Figure 38. Global Organ-on-Chip Market: Pharmaceutical and Biotechnology Companies, 2019-2030, USD mn 67

Figure 39. Global Organ-on-Chip Market: Academic and Research Institutes, 2019-2030, USD mn 68

Figure 40. Global Organ-on-Chip Market: Cosmetics Industry, 2019-2030, USD mn 69

Figure 41. Global Organ-on-Chip Market: Other End Users, 2019-2030, USD mn 70

Figure 42. Global Market Snapshot by Region 71

Figure 43. Geographic Spread of Worldwide Organ-on-Chip Market, 2019-2030, % of Sales Revenue 72

Figure 44. Global Addressable Market Cap in 2021-2030 by Region, Value (USD mn) and Share (%) 73

Figure 45. North American Organ-on-Chip Market, 2019-2030, USD mn 76

Figure 46. Breakdown of North America Organ-on-Chip Market by Country, 2019 and 2030F, % of Revenue 77

Figure 47. Contribution to North America 2021-2030 Cumulative Revenue by Country, Value (USD mn) and Share (%) 78

Figure 48. U.S. Organ-on-Chip Market, 2019-2030, USD mn 80

Figure 49. Canada Organ-on-Chip Market, 2019-2030, USD mn 82

Figure 50. Organ-on-Chip Market in Mexico, 2015-2030F, USD mn 84

Figure 51. European Organ-on-Chip Market, 2019-2030, USD mn 87

Figure 52. Breakdown of European Organ-on-Chip Market by Country, 2019 and 2030F, % of Revenue 88

Figure 53. Contribution to Europe 2021-2030 Cumulative Revenue by Country, Value (USD mn) and Share (%) 89

Figure 54. Organ-on-Chip Market in Germany, 2019-2030, USD mn 90

Figure 55. Organ-on-Chip Market in U.K., 2019-2030, USD mn 92

Figure 56. Organ-on-Chip Market in France, 2019-2030, USD mn 94

Figure 57. Organ-on-Chip Market in Spain, 2019-2030, USD mn 96

Figure 58. Organ-on-Chip Market in Italy, 2019-2030, USD mn 98

Figure 59. Organ-on-Chip Market in Russia, 2019-2030, USD mn 100

Figure 60. Organ-on-Chip Market in Rest of Europe, 2019-2030, USD mn 102

Figure 61. Asia-Pacific Organ-on-Chip Market, 2019-2030, USD mn 105

Figure 62. Breakdown of APAC Organ-on-Chip Market by Country, 2019 and 2030F, % of Revenue 105

Figure 63. Contribution to APAC 2021-2030 Cumulative Revenue by Country, Value (USD mn) and Share (%) 107

Figure 64. Organ-on-Chip Market in Japan, 2019-2030, USD mn 109

Figure 65. Organ-on-Chip Market in China, 2019-2030, USD mn 111

Figure 66. Organ-on-Chip Market in Australia, 2019-2030, USD mn 113

Figure 67. Organ-on-Chip Market in India, 2019-2030, USD mn 115

Figure 68. Organ-on-Chip Market in South Korea, 2019-2030, USD mn 117

Figure 69. Organ-on-Chip Market in Rest of APAC, 2019-2030, USD mn 119

Figure 70. South America Organ-on-Chip Market, 2019-2030, USD mn 122

Figure 71. Breakdown of South America Organ-on-Chip Market by Country, 2019 and 2030F, % of Revenue 122

Figure 72. Contribution to South America 2021-2030 Cumulative Revenue by Country, Value (USD mn) and Share (%) 123

Figure 73. Organ-on-Chip Market in Argentina, 2019-2030, USD mn 124

Figure 74. Organ-on-Chip Market in Brazil, 2019-2030, USD mn 126

Figure 75. Organ-on-Chip Market in Chile, 2019-2030, USD mn 128

Figure 76. Organ-on-Chip Market in Rest of South America, 2019-2030, USD mn 130

Figure 77. Organ-on-Chip Market in Middle East and Africa (MEA), 2019-2030, USD mn 132

Figure 78. Breakdown of MEA Organ-on-Chip Market by Country, 2019 and 2030F, % of Revenue 132

Figure 79. Contribution to MEA 2021-2030 Cumulative Revenue by Country, Value (USD mn) and Share (%) 133

Figure 80. Organ-on-Chip Market in UAE, 2019-2030, USD mn 134

Figure 81. Organ-on-Chip Market in Saudi Arabia, 2019-2030, USD mn 136

Figure 82. Organ-on-Chip Market in South Africa, 2019-2030, USD mn 138

Figure 83. Growth Stage of Global Organ-on-Chip Industry over the Forecast Period 141


List Of Table

Table 1. Snapshot of Global Organ-on-Chip Market in Balanced Perspective, 2019-2030 18

Table 2. Growth Rate of World GDP, 2020-2022 22

Table 3. World Health Spending by Region, USD bn, 2013-2020 29

Table 4. Main Product Trends and Market Opportunities in Global Organ-on-Chip Market 33

Table 5. Global Organ-on-Chip Market by Offering, 2019-2030, USD mn 41

Table 6. Global Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 45

Table 7. Global Organ-on-Chip Market by Material, 2019-2030, USD mn 55

Table 8. Global Organ-on-Chip Market by Application, 2019-2030, USD mn 60

Table 9. Global Organ-on-Chip Market by End User, 2019-2030, USD mn 65

Table 10. Global Organ-on-Chip Market by Region, 2019-2030, USD mn 72

Table 11. Leading National Organ-on-Chip Market, 2019 and 2030F, USD mn 74

Table 12. North America Organ-on-Chip Market by Country, 2019-2030, USD mn 77

Table 13. U.S. Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 81

Table 14. U.S. Organ-on-Chip Market by Application, 2019-2030, USD mn 81

Table 15. U.S. Organ-on-Chip Market by End User, 2019-2030, USD mn 81

Table 16. Canada Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 83

Table 17. Canada Organ-on-Chip Market by Application, 2019-2030, USD mn 83

Table 18. Canada Organ-on-Chip Market by End User, 2019-2030, USD mn 83

Table 19. Mexico Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 85

Table 20. Mexico Organ-on-Chip Market by Application, 2019-2030, USD mn 85

Table 21. Mexico Organ-on-Chip Market by End User, 2019-2030, USD mn 85

Table 22. Europe Organ-on-Chip Market by Country, 2019-2030, USD mn 89

Table 23. Germany Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 91

Table 24. Germany Organ-on-Chip Market by Application, 2019-2030, USD mn 91

Table 25. Germany Organ-on-Chip Market by End User, 2019-2030, USD mn 91

Table 26. U.K. Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 93

Table 27. U.K. Organ-on-Chip Market by Application, 2019-2030, USD mn 93

Table 28. U.K. Organ-on-Chip Market by End User, 2019-2030, USD mn 93

Table 29. France Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 95

Table 30. France Organ-on-Chip Market by Application, 2019-2030, USD mn 95

Table 31. France Organ-on-Chip Market by End User, 2019-2030, USD mn 95

Table 32. Spain Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 97

Table 33. Spain Organ-on-Chip Market by Application, 2019-2030, USD mn 97

Table 34. Spain Organ-on-Chip Market by End User, 2019-2030, USD mn 97

Table 35. Italy Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 99

Table 36. Italy Organ-on-Chip Market by Application, 2019-2030, USD mn 99

Table 37. Italy Organ-on-Chip Market by End User, 2019-2030, USD mn 99

Table 38. Russia Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 101

Table 39. Russia Organ-on-Chip Market by Application, 2019-2030, USD mn 101

Table 40. Russia Organ-on-Chip Market by End User, 2019-2030, USD mn 101

Table 41. Organ-on-Chip Market in Rest of Europe by Country, 2019-2030, USD mn 103

Table 42. APAC Organ-on-Chip Market by Country, 2019-2030, USD mn 106

Table 43. Japan Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 110

Table 44. Japan Organ-on-Chip Market by Application, 2019-2030, USD mn 110

Table 45. Japan Organ-on-Chip Market by End User, 2019-2030, USD mn 110

Table 46. China Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 112

Table 47. China Organ-on-Chip Market by Application, 2019-2030, USD mn 112

Table 48. China Organ-on-Chip Market by End User, 2019-2030, USD mn 112

Table 49. Australia Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 114

Table 50. Australia Organ-on-Chip Market by Application, 2019-2030, USD mn 114

Table 51. Australia Organ-on-Chip Market by End User, 2019-2030, USD mn 114

Table 52. India Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 116

Table 53. India Organ-on-Chip Market by Application, 2019-2030, USD mn 116

Table 54. India Organ-on-Chip Market by End User, 2019-2030, USD mn 116

Table 55. South Korea Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 118

Table 56. South Korea Organ-on-Chip Market by Application, 2019-2030, USD mn 118

Table 57. South Korea Organ-on-Chip Market by End User, 2019-2030, USD mn 118

Table 58. Organ-on-Chip Market in Rest of APAC by Country/Region, 2019-2030, USD mn 120

Table 59. South America Organ-on-Chip Market by Country, 2019-2030, USD mn 123

Table 60. Argentina Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 125

Table 61. Argentina Organ-on-Chip Market by Application, 2019-2030, USD mn 125

Table 62. Argentina Organ-on-Chip Market by End User, 2019-2030, USD mn 125

Table 63. Brazil Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 127

Table 64. Brazil Organ-on-Chip Market by Application, 2019-2030, USD mn 127

Table 65. Brazil Organ-on-Chip Market by End User, 2019-2030, USD mn 127

Table 66. Chile Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 129

Table 67. Chile Organ-on-Chip Market by Application, 2019-2030, USD mn 129

Table 68. Chile Organ-on-Chip Market by End User, 2019-2030, USD mn 129

Table 69. MEA Organ-on-Chip Market by Country, 2019-2030, USD mn 133

Table 70. UAE Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 135

Table 71. UAE Organ-on-Chip Market by Application, 2019-2030, USD mn 135

Table 72. UAE Organ-on-Chip Market by End User, 2019-2030, USD mn 135

Table 73. Saudi Arabia Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 137

Table 74. Saudi Arabia Organ-on-Chip Market by Application, 2019-2030, USD mn 137

Table 75. Saudi Arabia Organ-on-Chip Market by End User, 2019-2030, USD mn 137

Table 76. South Africa Organ-on-Chip Market by Organ Type, 2019-2030, USD mn 139

Table 77. South Africa Organ-on-Chip Market by Application, 2019-2030, USD mn 139

Table 78. South Africa Organ-on-Chip Market by End User, 2019-2030, USD mn 139

Table 79. AxoSim Inc.: Company Snapshot 145

Table 80. AxoSim Inc.: Business Segmentation 145

Table 81. AxoSim Inc.: Product Portfolio 146

Table 82. AxoSim Inc.: Revenue, 2017-2019, USD mn 146

To know more information on Purchase by Section, please send a mail to support@kenresearch.com

INQUIRE FOR COVID-19 IMPACT ANALYSIS


Companies

Key Players (this may not be a complete list and extra companies can be added upon request):

AxoSim Inc.

BiomimX SRL

Cherry Biotech

CN Bio Innovations, Ltd.

Emulate Inc.

Hurel Corporation

InSphero AG

Kirkstall, Ltd.

MIMETAS BV

Nortis Inc.

Organovo, Inc.

SynVivo, Inc.

Tara Biosystems Inc.

TissUse GmbH

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)