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3D Cell Culture Market 2023: Comprehensive Study Explores Huge Revenue Scope in Future | Leading Key Players

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3D Cell Culture Market 2023: Comprehensive Study Explores Huge Revenue Scope in Future | Leading Key Players

August 29
11:43 2019
3D Cell Culture Market 2023: Comprehensive Study Explores Huge Revenue Scope in Future | Leading Key Players

“3D Cell Culture Market Research Report – Forecast to 2023”
3D cell culture market is expected to grow at a CAGR of 25.50% during the forecast period 2017–2023. 3D cell culture is a technique in which biological cells are permitted to grow or interact with their surroundings in all three dimensions.

Market Research Future (MRFR) has published a research report about the global 3D cell culture market that anticipates the growth of this market between 2017 and 2023, with 25% CAGR (Compound Annual Growth Rate). The key findings of this report mention that by the end of forecast period, by product segmentation, consumables will be the highest growing segment of the global 3D cell culture market, with a CAGR of 25.88%. At the same time, among application, drug discovery will emerge as the largest segment with 25.75%. As a whole segment, The Pharmaceutical & Biotechnology Companies is expected to witness maximum growth with the CAGR of 26.13%.

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The global 3D cell culture market has been segmented into the application, end user, product, technique, and lastly region. Based on application, this market has been segmented into cancer research, drug discovery, regenerative medicine, stem cell research, tissue screening & engineering, and others. Drug discovery is the process that helps the researchers to discover new candidate medications. Regenerative medicine is defined as a branch of translational research in molecular biology and tissue engineering. It deals with the process to replace, engineer or regenerate human cells, tissues or organs in order to restore or establish normal function. The process of borrowing cells from developed organs of the body and used for repairing unhealthy organs is called stem cell research. The purpose of tissue engineering is to assemble the functional constructs that heel, maintain and restore the damaged tissues or whole organs.

On the basis of end users, the global 3D cell culture market has been segmented into contract research organizations, pharmaceutical & biotechnology companies, research & academic laboratories and others. Contract research organizations provide support to the biotechnology, medical device, and pharmaceutical industries in the form of research services outsourced on a contract basis.

Based on products, the market has been segmented into consumables and instruments. Consumables include products like vials, cotton buds, cleaning materials, plastic funnels, etc. Instruments include devices that are used for surgeries and activities like removing the tumor.

On the basis of technology, the market has been segmented into scaffolds based 3D cell culture and scaffold-free 3D cell culture. To develop the field of tissue engineering in order to regenerate damaged tissues, the cells from the body are combined with highly porous scaffold biomaterials that act as templates for tissue regeneration and guides the growth of new tissue. A technique based on scaffold biomaterials is called scaffolds based on 3D cell culture. Scaffold-free methods include the use of hanging drop plates, low adhesion plates, magnetic 3D bioprinting, magnetic levitation, micropatterned surfaces, and rotating bioreactors.

The regional segmentation of the global 3D cell culture market covers The Americas (North America & South America), Europe, Asia Pacific, and the Middle East & Africa (MEA). With many key players based in the United States of America (USA) and due to the availability of advanced technology, North America is a bigger market than South America. In the USA, maximum organ transplant surgeries have taken place since 2016. In Europe, due to reasons same as North America, being more advanced technologically, Western Europe is a bigger market than Eastern Europe.

In the Asia Pacific region, some countries like Japan and Singapore are technologically advanced. And in countries like India and China, the technological advancement is taking place at a slow but steady pace. This is primarily due to less expenditure (compared to governments in Western countries) from governments on medical healthcare. Other countries of Asia Pacific that are strong markets for 3D cell culture include Australia and South Korea, followed by rest of Asia Pacific countries. In the MEA countries, the market is small due to lack of technological advancement, less priority from the government to healthcare and lawless environment due to events like Arab Spring. Some countries in this region do have a decent amount of technological advancement and doctors with modern education because of which, they can be suitable markets for 3D cell culture. Such countries are Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates (UAE), followed by rest of MEA region.

Key Players:

The key players in the global 3D cell culture market include Becton-Dickinson and Company (USA), Charles River Laboratories Inc (USA), Corning Incorporated (USA), The Electrospinning Company (UK), InSphero, AG (Switzerland), Kuraray Co Ltd (Japan), Lonza (Switzerland), Lena Biosciences Inc. (USA), Merck KGaA (Germany), Tecan Trading AG (Switzerland), ReproCELL Europe Ltd (UK), and Thermo Fisher Scientific Inc. (USA).

Latest Industry News:

• ALPCO, a leading producer of research and clinical immunoassays, has announced its partnership with InSphero, AG. This partnership aims to provide customers with a complete solution to assess beta-cell function in islet micro tissue culture models. 24 JUL 2018

• Collaborating with the University of Strathclyde, Biotechnology giant AMSBIO has set up a new joint venture company called ScreenIn3D, exploiting the latest advances in microfluidics and 3D cell culture, to develop a novel microfluidic screening platform. 6 JUL 2018.

Market Dynamics:

4.1 Introduction 28

4.2 Drivers 29

4.2.1 Increasing Application Of Biotech & Pharmaceutical Companies And Hospitals 29

4.2.2 The Rise In The Patient Population Affected By Cancer 30

4.2.3 Growing Number Of Patients In Need For Organ Transplantation 31

4.3 Restraints 32

4.3.1 High Cost Of Devices And Regulatory Framework 32

4.4 Opportunity 33

4.4.1 Entering Untapped Markets 33

4.5 Mega Trend 34

4.5.1 Increasing Use Of 3D Cell Culture In Cancer And Stem Cell Research 34

4.6 Macroeconomics 34

4.7 Technological Trends 34

Market Factor Analysis:

5.1 Value Chain Analysis 36

5.1.1 Drug Discovery/Research 36

5.1.2 Clinical And Pre-Clinical Trials 36

5.1.3 Manufacturing 37

5.1.4 Sales And Distribution 37

5.2 Porter’s Five Forces Model 38

5.2.1 Bargaining Power Of Suppliers 38

5.2.2 Bargaining Power Of Buyers 38

5.2.3 The Threat Of New Entrants 38

5.2.4 Threat Of Substitutes 39

5.2.5 Intensity Of Rivalry 39

5.3 Investment Opportunities 39

5.4 Pricing Analysis 39

5.5 Demand & Supply: Gap Analysis 39

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.


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