3D Cell Culture Market Market Share, Trends, Research and Global Industry Analysis Till 2023
3D Cell Culture Market Information: By Technique (Scaffolds Based 3D Cell Culture, Scaffold-Free 3D Cell Culture), Product (Consumables), by Application (Cancer Research), and End-User (Pharmaceutical & Biotechnology Companies) – Global Forecast Till 2023
Market Highlights
Growing application of 3D cell culture in biotech and pharmaceutical company is the major factor contributing to the growth of this market and is likely to increase in the coming years due to the rising drug discoveries and clinical trials. Increasing prevalence of cancer will boost the market growth during the forecast period. Increasing number of patients in need of organ transplantation lead to increase in demand for the 3D cell culture. According to reports published by Department of Pharmaceutical Sciences and Bio manufacturing Research Institute and Technology Enterprises (BRITE), in 2014, around USD 1.3 billion capital was invested in new pharmaceuticals for drug discovery through 3D cell culture.
Taste the market data and market information presented through more than 264 market data tables and figures spread over 190 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global 3D cell culture market -forecast till 2023.”
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Players in the Global 3D cell culture Market
Some of the key players in this market are Thermo Fisher Scientific Inc, Lonza, Corning Incorporated, Kuraray Co Ltd, Becton, Dickinson and Company, Merck KGaA, Charles River Laboratories Inc, Tecan Trading AG, ReproCELL Europe Ltd, The Electrospinning Company, Lena Biosciences, Inc., InSphero, and others.
Global 3D cell culture Market, on the basis of region, is divided into the Americas, Europe, Asia Pacific and the Middle East & Africa.
The Americas 3D cell culture market was valued at USD 279.77 million in 2016 and is expected to reach USD 1318.73 million by 2023 at a CAGR of 27.79% during the forecast period. In the region, North America accounted for the largest market share with 78.8% for the 3D cell culture market.
The Americas dominated the global 3D cell culture market owing to the presence of prominent manufacturers, with the well-established market such are Thermo Fisher Scientific Inc, Lonza, Corning Incorporated, Kuraray Co Ltd, Becton, Dickinson and Company, Merck KGaA, and various others generate a huge amount of revenue for 3D cell culture market. Furthermore, rising drug discoveries in the region have accounted for a considerably large market share. Additionally, rising need for organ transplantation is also pushing the growth of the market. According to U.S. Department of Health & Human Services Organ Procurement and Transplantation Network (OPTN), as of November 2016, 121,678 patients were estimated to be waiting for a life-saving organ transplant. Similarly, U.S. Government Information on Organ Donation and Transplantation, in 2016 around 33,611 transplants were performed. Additionally, around 20 patients die daily waiting for a transplant. This rising demand form organ transplantation is likely to enhance the growth of 3D cell culture market in the Americas region.
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Segmentation
The global 3D cell culture market is segmented on the basis of technique, product, application, and end-user. On the basis technique, it is segmented into Scaffolds Based 3D Cell Culture and Scaffold-Free 3D Cell Culture. On the basis of the product, it is segmented into Consumables and Instruments. On the basis of the application, it is segmented into cancer research, stem cell research, drug discovery, Tissue Screening & Engineering, Regenerative Medicine and others. On the basis of the end users, it is segmented into Pharmaceutical & Biotechnology Companies, Contract Research Organizations, Research & Academic Laboratories and others.
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