Global 3D Cell Culture Market growing at a CAGR of 29.4% Affecting various Sectors in Healthcare Industry by 2022

The Global 3D Cell Culture Market was valued at $765 million in 2015, and is projected to reach $4,691 million by 2022, growing at a CAGR of 29.4% from 2016 to 2022. Cancer research segment held nearly one-third of the total market in 2015.

A 3D cell culture is an in vitro technique where cells can grow in an artificially created environment, which closely resemble the structure and functioning of the native tissues, thus stimulating normal differentiation, morphology, and behavior of cells. The growth of 3D cell culture market is driven by the technological advancements such as development of improved scaffold-based & scaffold-free products, increase in research-related activities, and rise in demand for organ transplantations.

KEY FINDINGS OF THE STUDY:

• Republic of South Africa is projected to grow at a CAGR of 28.4%.
• U.S. was the largest market in 2015, and is projected to maintain its lead until 2022
•Cancer research application dominated the global 3D cell culture market throughout the analysis period.
• Among product type, micro-chips segment is projected to grow at the highest rate during the analysis period.
• Academic institutes segment is projected to dominate throughout 2022.

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Cancer research is anticipated to dominate the global 3D cell culture market throughout the analysis period. This is because the behavior of the cancer cells grown in 3D culture is similar to the cells that grow in vivo. Thus, 3D cell culture allows researchers to study various tumor characteristics such as hypoxia, dormancy, and anti-apoptotic behavior. The R&D activities in oncology have rapidly increased, owing to the multiple advantages of 3D cell culture.

North America dominated the 3D cell culture market, governing around two-fifths of the global market value in 2015, and is expected to continue this trend throughout the forecast period. Advancements in various healthcare applications such as cancer and tissue engineering fuel the market growth. For instance, in 2016, a Canadian scientist created a miniature lattice structure called AngioChip that is anticipated to be used to grow human tissues outside the body. This person-on-a-chip technology is used to test the effects of drugs on human tissues.

Top key players in the market:

• 3D Biotek LLC
• Advanced Biomatrix Inc.
• Becton
• Dickinson Company
• Corning Incorporated
• Kuraray Co.Ltd.
• Lonza Group Ltd.
• Merck & Co.Inc.

Analyst Review:

The adoption of 3D cell cultures has increased in the recent years, owing to its in vivo-like environment. The microenvironment impacts the growth, differentiation, morphology, gene expression, and behavior of the cells. Thus, this technique is widely used in cancer research, tissue engineering, and stem cell research. Study of the functions, proliferation, and differentiation of a cell has remarkable increased the usage of 3D cell culture. The market is projected to show high growth rate in developing regions such as Asia-Pacific, Africa, and Latin America. Large pool of cancer population, rise in disposable incomes, and increase in awareness about the benefits of 3D cell culture technique are the factors responsible for the market growth in these regions. In addition, increase in government funding for healthcare and low setup cost for industries & laboratories are expected to fuel the market growth during the forecast period, especially in underdeveloped countries and developing countries such as India and China. Rise in demand for organ transplantation and growth in need of novel drug discoveries further drive the growth of market.

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