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3D Cell Culture Market Grow at a CAGR of 25.88% with top players: Becton-Dickinson and Company,Charles River Laboratories Inc,The Electrospinning Company,forecast period (2017-2023)

03-07-2019 08:06 AM CET | Health & Medicine

Press release from: Market Research Future

3D Cell Culture Market Grow at a CAGR of 25.88% with top players:

Report offering how 3D Cell Culture Market will growing with top trend, research with Regional Analysis Segmentation in Asia Pacific is the fastest growing 3D Cell Culture Market across the globe.

Market Scenario:

The global 3D cell culture market is predicted to demonstrate 25.50% CAGR during the forecast period (2017–2023) owing to its varying applications in the pharmaceutical industry. The 3D cell structure is referred to as a technique in which biological cells are allowed to interact and grow within their surroundings in all three dimensions. Medical science has achieved an enormous breakthrough in the past few years and is yet to flourish. The technology of tissue regeneration has further enabled the repair and growth of cells in the human body. As the 3D cell structure offers more accurate data along with more physiologically relevant information in vivo tests, it has become highly acceptable compared to 2D cell structure.

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Competitive Dashboard

Some of the key players in this market Thermo Fisher Scientific Inc, Lonza, Corning Incorporated, Kuraray Co Ltd, Becton,Merck KGaA, and others.

Industry Updates

February 13, 2019: A team of scientists at the LiU has recently developed a new method which can produce hydrogels and hydrated materials, and bear the properties similar to the natural environment of the cells in the body. The material can be adapted for several requirements of difficult-to-culture cell types and produce organ-like structures on a microchip.

Global 3D Cell Culture Market: Segmental Analysis

The global 3D cell culture market has been segmented on the basis of product, technique, end-user, and application.

By mode of technique, the global 3D cell culture market has been segmented into scaffold-free 3D cell culture and scaffolds-based 3D cell culture. Among these, the demand for scaffold-free 3D cell culture products is predicted to increase due to the challenges faced in using scaffolds. Such challenges involve the interference of scaffolds with cell-to-cellular interactions and assembly of cell produced extracellular matrices (ECM).

By mode of product, the global 3D cell culture market has been segmented into instruments and consumables.

By mode of application, the global 3D cell culture market has been segmented into stem cell research, cancer research, tissue screening & engineering, drug discovery, regenerative medicine, and others.

By mode of end-users, the global 3D cell culture market has been segmented into contract research organizations, pharmaceutical & biotechnology companies, research & academic laboratories, and others. Among these, the pharmaceutical & biotechnology companies are predicted to dominate the global market due to the rapid adoption of such systems for toxicity screening, drug discovery, and development of regenerative medicine.

Market Potential and Pitfalls

As 3D cell structure has the capability of tissue and organ regeneration and can also provide drug toxicology screening, the market is considered to flourish throughout the assessment period. Factors such as increasing approval from the government bodies, increasing awareness regarding the 3D cell structure, augmenting demand for organ transplantation, the rising prevalence of cancer, and widespread application of 3D cell structure in the pharmaceutical and biotech sector are stimulating the market growth to a large extent. Additional factors triggering the market growth are an advanced technique in tissue and organ regeneration, and drug toxicity screening.

The 3D cell culture market has been identified as one of the fastest growing markets due to the growing prevalence of cancer across the globe coupled with the growing demand for organ transplantation due to organ failure. Moreover, the emergence of kits, 3D optimized assays, and protocols, coupled with the development of several assay techniques is likely to influence the market growth. The increasing use of microchips in order to integrate culture with the help of micro-fabricated tissue component is anticipated to provide the market with potential avenues.

On the contrary, the cost associated with such technologies and systems are high and more preference is given to the 2D cell cultures. Moreover, the simple understanding of the 2D cell cultures and its ease in measurement and observation are some of the major concerns vitiating the market growth throughout the assessment period.

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Regional Insights

Geographically, the 3D cell culture market span across regions namely, Europe, America, Asia Pacific, and the Middle East & Africa.

Among all the regions, the American region is considered to occupy the largest share in the global market. The growth is credited to the presence of key manufacturers, increasing the need for organ donation, the growing prevalence of cancer among the global population, and several other factors.

The European region is predicted to occupy the second largest market share in the global market. The growth is credited to the advanced technology and better healthcare infrastructure in this region.

The Asia Pacific region is predicted to expand at the fastest rate grabbing a CAGR of 26.17%. The growth in this region is attributed to the presence of technologically advanced nations such as Singapore and Japan. Technological advancements in nations like China and India are experiencing a steady pace mainly due to the less expenditure from the government on medical healthcare. High prevalence of chronic diseases in this region is further driving the market.

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.

Contact:

Market Research Future

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Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

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