Global 3D cell culture market to be valued at USD 2864.4 million by 2027
The research report on ‘global 3D cell culture market’ offers granular assessment of this business vertical by elaborating on the growth stimulants, challenges & restraints, and additional expansion trends influencing the growth rate over the period of 2020-2027. It also compares the past records with the prevailing market trends, further ensuring high-quality decision making during investment assessment.
According to authentic estimations, global 3D cell culture market had reached a valuation of USD 892 million in 2019 and is likely to register a compound annual growth rate of 15.7% during 2020-2027, subsequently reaching USD 2864.4 million by the year 2027. This rapid expansion can be attributed to increased pervasiveness of chronic conditions and growing demand for regenerative medicine, tissue regeneration, as well as organ transplantation.
Additionally, the study talks about the numerous market segmentations and their relevant impact on the overall industry remuneration. It also offers a broad perspective of the geographical scope of this business domain while emphasizing on various business centric strategies adopted by industry participants in order to gain a competitive advantage.
For those unfamiliar, a 3D cell culture is a type of in-vitro technique which involves cell development in an artificially created or controlled environment, preferably outside of a living organism. This environment has similar functioning and architecture of the native tissue.
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It is also worth mentioning that 3D cell culture technique allows biological cells to proliferate, differentiate, and migrate by intermingling with their surroundings across three dimensions. The technique is widely adopted in applications such as cell biology, cancer research, drug screening, regenerative medicine, and stem cell therapies, thereby stimulating global 3D cell culture industry outlook.
Additionally, supportive government outlook and increasing number of organ donors are aiding towards the market expansion. In 1994 for instance, the Indian Government introduced the Transplantation of Human Organ Act in a bid to allow for a proper removal, storage, and transplantation process of human organs.
Likewise, the United States government had launched the HRSA (Health Resources and Services Administration) to monitor the transplantation process of organs within the country, while offering safe and equitable systems for allocation and distribution of donated organs.
Thus, supportive federal outlook is propelling global 3D cell culture industry size. Lack of adequate infrastructure for 3D cell-based research coupled with high costs associated with cell biology research could, however, hamper the overall industry expansion in the upcoming years.
Highlighting the regional scope
Worldwide 3D cell culture market is fragmented into Europe, North America, Asia-Pacific, Latin America, and the rest of the world.
As per reliable predictions, North America currently accounts for the largest market share and is likely to continue with its dominance in the ensuing years. Factors such as high concentration of a well-established pharmaceutical and biotechnology infrastructure coupled with high occurrence of cancer is favoring the regional market outlook.
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Asia-Pacific is also slated to emerge as a key revenue generator for global 3D cell culture industry in the subsequent years.
Global 3D Cell Culture Market Product Gamut (Revenue, USD Billion, 2017-2027)
- Scaffold-free 3D Cell Cultures
- Magnetic & Bioprinted 3D Cell Cultures
- Microfluidics-based 3D Cell Cultures
- Scaffold-based 3D Cell Cultures
Global 3D Cell Culture Market Application Landscape (Revenue, USD Billion, 2017-2027)
- Tissue Engineering & Regenerative Medicine
- Drug Discovery & Toxicology
- Cancer & Stem Cell Research
Global 3D Cell Culture Market by End-user Reach (Revenue, USD Billion, 2017-2027)
- Cosmetics Industry
- Research Institutes
- Pharmaceutical & Biotechnology Companies
Global 3D Cell Culture Market Geographical Terrain (Revenue, USD Billion, 2017-2027)
- United States
- South Korea
- Rest of Asia-Pacific
- United Kingdom
- Rest of Europe
Rest of the World
Global 3D Cell Culture Market Competitive Arena (Revenue, USD Billion, 2017-2027)
- InSphero AG
- Hamilton Company
- CN Bio Innovations
- Emulate Inc.
- 3D Biotek LLC
- ReproCELL Inc.
- Lonza Group AG
- Merck Group
- Corning Incorporated
- Thermo Fisher Scientific Inc.
Source Credits –
Global Cell Line Development Market Size and Regional Forecasts 2020-2027
Global Cell Line Development Market to reach USD 11.51 billion by 2027. Global Cell Line Development Market is valued approximately USD 4.21 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 13.40 % over the forecast period 2020-2027. The cell line is an established cell culture where the cell multiply in apt growth medium and space. The cell lines provide stepwise alternations in the physiology, structure and genetic makeup of the cells. Cell line development requires the discovery of single cell-derived clones that produce high and consistent levels of the target therapeutic protein.
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