3D Cell Culture Market Size to Reach USD 3.94 billion, With a CAGR of 14.90% by 2030 – Report by Market Research Future
Research Reports
Oct 03, 2023
Market Overview
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).
Competitive Analysis
The major players of the market are Corning Incorporated (US), Lonza Group AG (Switzerland), Thermo Fisher Scientific, Inc. (US), Merck KGaA (Germany), Avantor, Inc. (US), Tecan Trading AG (Switzerland), 3D Biotek LLC (US), REPROCELL, Inc. (Japan), Kirkstall Ltd. (UK), MIMETAS BV (Netherlands), PromoCell GmbH (Germany), and others.
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Market Dynamics
The use of three-dimensional cell culture is expanding for several reasons. Some of the most important are the growing approach to illness prevention and treatment, which favors precision medicine considering the increased prevalence of chronic disease. Tissue engineering, which focuses on healing damaged tissues, and closing the gap between in vitro and in vivo drug testing models for pharmaceutical and biotechnological industries are two additional benefits of 3D cell culture. As a result, the market for drugs to treat long-term conditions like cancer and diabetes is expanding at a rapid clip.
In addition, collaborations between the pharmaceutical industry, universities, and government labs are driving progress in 3D cell culture. Efforts like these hasten the development of new technologies, the dissemination of existing ones, and the standardization of protocols, all of which contribute to the widespread use of 3D cell culture methods. The market’s R&D efforts have been boosted by benevolent laws and investment from both the public and commercial sectors.
Market Segmentation
The 3D cell culture market segmentation, based on technique, scaffolds-based 3D cell culture and scaffold-free 3D cell culture.
Based on product, the global market segmentation for 3D cell culture includes consumables and instruments.
The market of 3D cell culture has been segmented by application into drug discovery, cancer research, stem cell research, tissue screening & engineering, regenerative medicine, toxicity testing, and others.
Based on end user, the global 3D cell culture industry has been segmented into pharmaceutical & biotechnology companies, contract research organizations, and research & academic laboratories.
Regional Analysis
Due to the widespread adoption of 3D culture in drug development by pharmaceutical and biotechnology firms in North America, the region has the highest share of the global 3D cell culture market. Moreover, the pharma and biotech sectors are making extensive use of 3D culture in drug discovery in response to the rising incidence of illnesses.
The rapid uptake of new technologies and the rising incidence of uncommon illnesses have made Europe the second-largest market for 3D cell culture. Germany was also the largest market for 3D cell culture, while the UK was the fastest-growing country in Europe.
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From 2022 to 2030, the Asia-Pacific region is projected to account for a sizable chunk of the global 3D cell culture market. This is due to the region’s high illness prevalence and the fact that many biopharmaceutical companies are turning to 3D culture for drug discovery. Companies are adopting 3D cell culture because of the increasing pressure to hasten the creation of novel and effective drugs in response to the rising prevalence of ailments like diabetes and obesity.
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