Press release
3d Cell Cultures Market: Segment Snapshot and Table of Content (2014-2020)
According to a new market report titled “Global Market 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.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%.
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.
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The global 3d Cell Cultures Market is segmented on the basis of expression technology, application, end user and region.
The global 3D cell culture market is categorized on the basis of technology, application, and end-user. On the basis of technology, the market has five sub-segments viz. extracellular matrices or scaffolds, bioreactors, gels, scaffold-free platforms, and microchips. Extracellular matrices or scaffolds will continue to be the leading sub-segment, whereas microchips are estimated to witness the fastest growth by 2020 end. By application, the market is segmented into research, drug discovery, tissue engineering, clinical applications, and stem cell biology. The drug discovery will remain the largest sub-segment. Based on end-user, the market has four categories, including research laboratories and institutes, biotechnology and pharmaceutical industries, hospitals and diagnostic centers, and others. Biotechnology and pharmaceutical industries are foreseen to remain dominant over the period and thrive at the fastest CAGR as well, accounting for a major market share.
On the basis of regional analysis, the global 3D cell culture market is segmented into four key regions - North America, Europe, Asia, and rest of the world (RoW). Europe is projected to remain the largest market for 3D cell culture during 2014-2020, led by the U.K. Valuated at US$ 234.4 Mn in 2014, the European market will reach US$ 1,067.8 Mn by the end of the forecast period. This leading market region will witness a strong CAGR of 28.7%.
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Summary of Table of Content
Chapter 1 Preface
Chapter 2 Market Synopsis
Chapter 3 Porter’s Five Forces Analysis
Chapter 4 Market Overview
Chapter 5 Global Market Size and Forecast
Chapter 6 Market Size and Forecast by Technology
Chapter 7 Market Size and Forecast by Application
Chapter 8 Market Size and Forecast by End User
Chapter 9 Market Size and Forecast by Geography
Chapter 10 Competitive Scenario
Chapter 11 Company Profiles
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About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
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