3D Cell Culture Market worth $2.5 billion | MarketsandMarkets

3D Cell Culture Market worth $2.5 billion | MarketsandMarkets

PR Newswire

CHICAGO, July 13, 2023

CHICAGO, July 13, 2023 /PRNewswire/ -- The 3D cell culture industry is poised for remarkable growth in the near future. As advancements in biotechnology and tissue engineering continue to accelerate, the adoption of 3D cell culture models is becoming increasingly widespread. These models provide a more physiologically relevant environment for studying cell behavior, drug screening, and disease modeling, offering superior insights compared to traditional 2D cell cultures. With the integration of technologies such as bioprinting and microfluidics, researchers are able to create complex 3D structures that mimic the intricate architecture of human organs, enabling better drug discovery and personalized medicine. Furthermore, the increasing demand for regenerative medicine and organ transplantation fuels the development of sophisticated 3D cell culture systems for tissue engineering applications. As a result, the 3D cell culture industry is expected to revolutionize drug development, disease research, and regenerative medicine, ushering in a new era of innovative solutions for healthcare challenges.

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3D Cell Culture Market in terms of revenue was estimated to be worth $1.3 billion in 2023 and is poised to reach $2.5 billion by 2028, growing at a CAGR of 14.6% from 2023 to 2028 according to a new report by MarketsandMarkets™. Major factors driving the market growth at significant CAGR are increasing adoption of 3D cell culture over, restrictions over animal testing and increased use of 3D cell culture in personalized medicine.

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Browse in-depth TOC on "3D Cell Culture Market"
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3D Cell Culture Market Scope:

Report Coverage

Details

Market Revenue in 2023

$1.3 billion

Estimated Value by 2028

$2.5 billion

Growth Rate

Poised to grow at a CAGR of 14.6%

Market Size Available for

2021-2028

Forecast Period

2023–2028

Forecast Units

Value (USD Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

Product, Application, End user and Region

Geographies Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Report Highlights

Updated financial information / product portfolio of players

Key Market Opportunities

Emergence of microfluidics-based 3D cell culture

Key Market Drivers

High focus on developing alternatives to animal testing

 

Scaffold-based 3D cell culture accounted for the largest share of the product segment in the 3D cell culture market in 2022.

Based on product, the 3D cell culture market is segmented into scaffold-based 3D cell cultures, scaffold-free 3D cell cultures, microfluidics-based 3D cell cultures, and magnetic & bioprinted 3D cell cultures. The scaffold-based 3D cell cultures segment accounted for the largest share in 2022. The advantages of scaffolds in 3D cell cultures, such as structural rigidity, the availability of attachment points, and support, have greatly driven the preference for the segment and ensured its large share in the market.

The cancer & stem cell segment research segment accounted for the largest share of the application segment in the 3D cell culture market in 2022.

Based on application, the market is segmented into cancer & stem cell research, drug discovery & toxicology testing, and tissue engineering & regenerative medicine. Cancer & stem cell segment research accounted for the largest market share of the market in 2022. The increasing prevalence of cancer and significant funding initiatives for cancer research from the government and the private sector are major factors driving the growth of this application segment..

Asia Pacific is likely to grow at the highest growth rate during the forecast period.

Based on region, the 3D cell culture market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. In 2022, North America dominated the market, followed by Europe. The increasing incidence of cancer and a well-established pharmaceutical & biotechnology industry are key factors supporting the growth of the North American 3D cell culture market. The Asia Pacific market is projected to grow at the highest CAGR of 16.0% during the forecast period. Most companies in the market focus on organic and inorganic growth strategies, such as product launches, expansions, acquisitions, partnerships, agreements, and collaborations, to increase their product offerings, cater to the unmet needs of customers, increase their profitability, and expand their presence in the global market.

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3D Cell Culture Market Dynamics:

Drivers:

  1. High focus on developing alternatives to animal testing
  2. Greater adoption of personalized medicine globally for multiple diseases
  3. Increased government support and funding for 3D cell culture
  4. Increased industry-academia collaboration on 3D cell culture and research

Restraints:

  1. High costs of implementing 3D cell culture technologies
  2. Lack of widely accepted or single standardization in 3D cell culture

Opportunities:

  1. Emergence of microfluidics-based 3D cell culture
  2. High growth opportunities and booming biopharmaceutical sector in emerging economies

Challenges:

  1. Lack of consistency in 3D cell culture products
  2. High dependence on plastic waste disposals and consumables

Key Market Players:

The 3D cell culture market is consolidated, with a small number of players competing for market shares. Thermo Fisher Scientific. Inc. (US), Merck KGaA (Germany), Corning Incorporated (US), Lonza (Switzerland), and Avantor Inc. (US) are some of the leading players in this market.

Recent Developments:

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3D Cell Culture Market Advantages:

In summary, the 3D cell culture market offers advantages such as enhanced physiological relevance, improved drug discovery, disease modeling capabilities, tissue engineering potential, high-throughput screening, and reduced reliance on animal testing. These advantages make 3D cell culture an invaluable tool for advancing biomedical research and development in the coming years.

3D cell culture Market - Report Highlights:

Related Reports:

Cell-based Assays Market - Global Forecasts to 2028

High Throughput Screening Market - Global Forecasts to 2028

Cell Culture Market - Global Forecasts to 2028

3D Bioprinting Market - Global Forecasts to 2027

In Vitro Toxicology Testing Market - Global Forecasts to 2027

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