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3D Cell Culture Market 2019 | Develop Rapidly by Players 3D Biotek, Advanced Biomatrix, Becton and Dickinson Company (BD), corning Incorporated, Global cell solutions Inc., Thermo Fisher scientific Inc., VWR Corporation, Nanofiber solutions, Lonza Group L

06-06-2019 12:38 PM CET | Health & Medicine

Press release from: Coherent Market Insights (CMI)

3D Cell Culture

3D Cell Culture

High prevalence of various types of cancers and the need for affordable and effective treatment are the major factor driving growth of the 3D cell culture system market. For instance, according to the data published by World Health Organization (WHO), cancer accounted for 8.8 million of deaths worldwide in 2015. Increasing investment in healthcare, development of optimized 3D assays, R&D, and other research related activities are also fuelling growth of 3D cell culture market.

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The 3D cultures is majorly used for testing efficiency of new drug molecule, which can be used for treatment of chronic diseases. This increases adoption of 3D cell culture by pharmaceuticals and biotechnology industries, which in turn is driving growth of 3D cell culture market.

Regional segmentation of 3D cell culture market by Coherent Market Insights comprises North America, Latin America, Europe, Asia Pacific, Africa, and Middle East. Advances in drug discovery is the major factor driving growth of the market in Asia Pacific region. Increasing government investments in healthcare sector, low operating costs of industries, investments by pharmaceutical and analytical instrumental companies in 3D cell culture projects to meet the demand for cancer treatments and organs development are some other factors fuelling growth of 3D cell culture market in this region.

Major players in market are focused on providing the product according to specific requirements of researchers. For instance, Thermo Fisher scientific has collaborated with Applikon Biotechnology and launched new single use bioreactor controller platforms-i-control and ez-control. Whereas the novel concept of customized 3D cell culture product has helped the small companies to enter in 3D cell culture industry. Major market players are adopting strategies such as agreement and partnership to maintain the leading position in market. For instance, Lonza Group Ltd. has expanded presence in the 3D cell culture market by signing an agreement with TAP Biosystems to distribute the RAFT 3D cell culture systems.

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Key players operating the 3D cell culture market includes 3D Biotek, Advanced Biomatrix, Becton and Dickinson Company (BD), corning Incorporated, Global cell solutions Inc., Thermo Fisher scientific Inc., VWR Corporation, Nanofiber solutions, Lonza Group Ltd., Synthecon incorporated, and Tecan Trading AG.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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