3D cell culture Market Current Scenario, Rapidly Changing Dynamics of the Industry and Future Estimations by 2023-2030
Research Reports
Aug 21, 2023
3D cell culture market Research Report Information by Technique (Scaffolds Based 3D Cell Culture [Hydrogel-Based Support and Polymeric Hard Material Based Support] and Scaffold-Free 3D Cell Culture [Hanging Drop Microplates, Spheroid Microplates Containing Ultra-Low Attachment (ULA) Coating, and Microfluidic 3D Cell Culture]), by Product (Consumables [Culture Media, Reagents, 3D Multiwell Plates, and Glassware] and Instruments [Bioreactor, Flow Cytometer, and Cell Culture Chips), by Application (Drug Discovery, Cancer Researc
The 3D cell culture market size was valued at USD 0.87 billion in 2021 and is projected to grow from USD 1.03 billion in 2022 to USD 3.94 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 14.90% during the forecast period (2022 – 2030).The augmented levels of funding being diverted to cancer research and regenerative medicine, among other important medical areas is predicted to enhance the 3D cell culture companies in the coming period. Moreover, the increased need to analyze organ transplantation and tissue regeneration processes to ensure high effectiveness is likely to impact the 3D cell culture technology in the impending period.
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Segmental Analysis
The segments created to investigate the 3D cell culture market are segmented based on technique, application, region, product, and end-user. The technique segment of the 3D cell culture market comprises of scaffold-free 3D cell culture and scaffolds-based 3D cell culture. The product segment of the 3D cell culture market comprises of Instruments and Consumables. The 3D cell culture market’s application segment consists of stem cell research, regenerative medicine, drug discovery, cancer research, tissue screening & engineering, and others. The end-users’ segment of the 3D cell culture market comprises of research & academic laboratories, contract research organizations, pharmaceutical & biotechnology companies, and others. The regions included in the 3D cell culture market into Europe, the Americas, the Middle East, Asia Pacific, and Africa.
Competitive Analysis
In the forecast period, the market is appraised to derive a great deal from the market signals while scrutinizing their consumer base to meet their needs better. The diverse regional markets will see steadfast development due to government backup’s influence in re-energizing the global market. The new growth ventures are foreseen to improve the company’s future goal achievement trajectory and are thus estimated to be essential to growth. The players operating in the market are likely to seek revision of supply chains to promote further the development of the market in new segments and demographics. The global market’s response to new efficiency levels in the forthcoming period is expected to unleash new and transformative changes. The augmentation of commercial interests in the upcoming period is estimated to create a more advantageous position for the market contenders in the forecast period. The inclusion of social impact goals by the companies in the market is estimated to usher in a new development phase in the market in the upcoming period. The digital elements of business functioning are estimated to emerge more prominently in the period ahead.
The renowned companies in the 3D cell culture market are Lonza, Corning Incorporated, Merck KGaA, Kuraray Co Ltd, Becton, Dickinson and Company, Thermo Fisher Scientific Inc, and others.
Regional Analysis
3D cell culture market size, region-wise, has been evaluated across Europe, Middle East & Africa/MEA, the Americas, and APAC/Asia Pacific.
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The American market remains the global leader as the number of key manufacturers in the region is substantial, while the cancer cases have mounted significantly over the years. The pressing need for organ donation, and others and the United States’ rising focus on R&D and the consequent increase in the spending in this aspect has benefitted the 3D cell culture industry in the region. Technological advancements have also gained high traction in the regional market, leading to further growth. In the 3D cell culture domain, Americans are some of the top patent applicants in the world, indicating the massive interest of the region in this field.
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APAC can grow at the fastest rate of 26.17%, in light of the huge opportunities abound and the fast emerging countries here. APAC accounts for 60% of the worldwide population, which means that relatively low diseases cases in the region translates into a huge number, which has boosted the market growth further. The significant growth in cell-based approaches in the healthcare industry has also contributed immensely to the market growth in the region.
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