Global 3D cell culture market include, ban on research and testing on animals, growing need for organ transplantation due to large patient database, and rising investment on R&D by various pharmaceutical and biotechnological companies. High initial cost may hamper the growth of the market. Rising demand for customized cosmetics is anticipated to provide growth opportunities for the market players.
Global 3D cell culture market Report, published by Variant Market Research, forecast that the global market is expected to reach $4,899 Million by 2024 from $920 Million in 2016, growing at a CAGR of 23.3% from 2016 to 2024.
3D cell culture includes the culture of biological cells in a micro-assembles devices, where artificially formed three-dimensional environment aids the growth of these cells. The micro-environment parameters of the growing cells in three-dimensional cell culture systems, can be regulated and observed to a certain extent.
3d cell culture market trend include growing developments in the field of analytical systems and cell imaging, cells have been progressively grown in 3D cell culture, which are useful in many applications like 3d cell culture and drug discovery.
Moreover, 3d cell culture applications are disease pathology, tissue morphogenesis and engineering. This favors 3D cell culture market size.
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Prevention on research and testing on animals to drive the global 3D cell culture market
The global 3D cell culture market growth is primarily driven by factors such as increasing requirement for organ transplantation due to large patient database, prevention on research and testing on animals, and growing investment on R&D by several biotechnological & pharmaceutical companies. Though, huge initial cost may hinder the market growth.
Additionally, advancement of 3D cell culture for formulating custom-made cosmetics in countries such as U.S., UK would provide several growth opportunities for the market in the forecasted period.
The major segments of the global 3D cell culture market, technology, application, end-user, and geography. Based on technology, the market is categorized into Scaffold free platform, extracellular matrices, bioreactors, gels, and microchips.
Application segment includes tissue engineering, research, drug discovery, stem cell biology, and clinical applications. Moreover, end-user has been segmented into biotechnology & biopharmaceutical industry, research laboratories & institutes, and hospital & diagnostic centers.
Based on geography, market is segmented as North America, Europe, Asia-Pacific, and Rest of the World (RoW).
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Extracellular matrices accounted for the largest market share in the technology segment
In 2016, extracellular matrices held the largest market share in the technology segment, followed by bioreactors, due to accessibility of a significant number of products based on a framework reinforced 3d cell culture.
Biotechnology & biopharmaceutical industry accounted for the largest market share in the end-user segment
In 2016, biotechnology & biopharmaceutical industry held the major market share in the end-user segment, followed by research laboratories & institutes, due to increasing execution of technology in the drug discovery protocols to carry out effective screening and target authentication.
Asia-Pacific is anticipated to grow at a fastest CAGR over the forecast period
In the year 2016, 3D Cell Culture Market Forecast that Asia Pacific is anticipated to grow at a fastest CAGR of 24.5%, during the forecast period, followed by North America, due to growing government subsidy for research and development in countries such as South Korea and India and increasing scope for outsourcing. Moreover, Europe held the major market share followed by North America.
Major players have used various strategies to increase their market share and global presence. The major companies operating in the market are Lonza Group, Dickinson and Company, Merck & Co., Inc., 3D Biotek LLC, Kuraray Co., Ltd., Corning Incorporated, Becton, Advanced Biomatrix, Inc., Thermo Fisher Scientific Inc., Global Cell Solutions, Inc., and VWR International, LLC, among others.
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Scope of the Global 3D Cell Culture Market
- Extracellular Matrices
- Scaffold Free Platform
- Drug Discovery
- Tissue Engineering
- Clinical Applications
- Stem Cell Biology
- Research Laboratories & Institutes
- Biotechnology & Biopharmaceutical Industry
- Hospital & Diagnostic Centers
- North America
- South Korea
- South America
- Middle East
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