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What's driving the 3D cell culture Market trends? Sigma-Aldrich Corporation, Thermo Fisher Scientific, Corning Incorporated, Becton, Dickinson, 3D Biotek, Lonza Group, 3D Biomatrix, InSphero AG, Reinnervate, Global Cell Solutions

05-30-2019 07:26 AM CET | Health & Medicine

Press release from: persistencemarketresearch.com

What's driving the 3D cell culture Market trends? Sigma-Aldrich

Europe was the largest market for 3D cell culture in 2014. This is mainly due rising investments in 3D cell culture market and increasing research related activities. The Europe market for 3D cell culture was valued at US$ 234.4 Mn in 2014 and is expected to account for US$ 1,067.8 Mn by 2020 at a CAGR of 28.7%. On the basis of technology, microchips are the fastest growing segment. On the basis of application, drug discovery is the largest segment in the 3D cell culture market. Among end users, biotechnology and biopharmaceuticals industries segment is the fastest growing segment in the 3D cell culture market.

According to a new market report - Study on 3D Cell Culture: Asia to Witness Highest Growth by 2020, published by Persistence Market Research, the global 3D cell culture market was valued at US$ 586.1 Mn in 2014 and is expected to expand at a CAGR of 29.1% to account for US$ 2,717.6 Mn by 2020.

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3D cell culture refers to a process of growing cell culture in a 3D environment. It is an advanced cell culture technique that overcomes limitations of 2D cell culture in terms of cellular characteristics and behavior. Need for developing a cell culture method which can accurately stimulate normal cell morphology, proliferation, differentiation, and migrations led to the development of 3D cell culture techniques. Effect of drug doses can be studied more effectively in 3D cell culture as compared to conventional 2D cell culture, as cells grow more realistically in the former.

Globally, the 3D cell culture market is witnessing significant growth due to the rising investment by major players in the market, increasing research related activities, and rising demand for organ transplantation. Moreover, 3D cell culture’s ability to replace the animal in research and pharmaceutical testing is also driving the growth of the market. However, budgetary constraints faced by small and medium-sized laboratories and lack of consistency in 3D cell culture products restrains the growth of the 3D cell culture market. The market was valued at US$ 586.1 Mn in 2014 and expected to account for US$ 2,717.6 Mn by 2020 at a CAGR of 29.1%.

Sigma-Aldrich Corporation, Thermo Fisher Scientific, Inc., Corning Incorporated, and Becton, Dickinson and Company are some of the leading players in the global market of 3D cell culture. Some of the other major players in 3D cell culture market are 3D Biotek LLC, Lonza Group, 3D Biomatrix, Inc., InSphero AG, Reinnervate Ltd, and Global Cell Solutions, Inc.

The 3D cell culture market is segmented as follows:

By Technology

• Extracellular Matrices or Scaffolds
• Bioreactors
• Gels
• Scaffold-free Platforms
• Microchips

By Application

• Research
• Drug Discovery
• Tissue Engineering
• Clinical Applications
• Stem Cell Biology

By End User

• Research Laboratories and Institutes
• Biotechnology and Biopharmaceutical Industries
• Hospitals and Diagnostics Centers
• Others

By Geography

• North America
• Europe
• Asia
• Rest of the World (RoW)

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Table of Content

Chapter 1 Preface 9
1.1 Report Description 9
1.2 Research Methodology 10

1.3 Assumptions 10
Chapter 2 Market Synopsis 11
Chapter 3 Porter’s Five Forces Analysis 13

Chapter 4 Market Overview 16
4.1 Market Definition 16
4.2 Market Drivers 19

4.2.1 Rising investments 19
4.2.2 Increasing research related activities 19
4.2.3 Ability to replace animal in research and pharmaceutical testing 20

4.2.4 Rising need for organ transplantation 20
4.3 Impact Analysis of Market Drivers 22
4.4 Market Restraints 23

4.4.1 Budgetary constraints 23
4.4.2 Lack of consistency in products 23
4.5 Impact Analysis of Market Restraints 23

4.6 Market Opportunities 24
4.6.1 Use of microfluidic technology 24
4.6.2 Increasing focus on regenerative medicine 25

4.7 Market Trends 25
4.7.1 Increasing use of automation 25
Chapter 5 Global Market Size and Forecast 26

Chapter 6 Market Size and Forecast by Technology 34
6.1 Extracellular Matrices or Scaffolds 34
6.2 Bioreactors 36

6.3 Gels 38
6.4 Scaffold-free Platforms 40
6.5 Microchips 42

Chapter 7 Market Size and Forecast by Application 45
7.1 Research 45
7.2 Drug development and testing 47

7.3 Tissue engineering 49
7.4 Clinical application 51
7.5 Stem cell biology 53

Continued…….

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ABOUT US:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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