3D Cell Culture: Cancer and Stem Cell Research Application

Pune, India, 2020-May-06 — /EPR Network/ —

The growth of 3d cell culture market is driven mainly by the increasing focus on developing alternatives to animal testing, growing focus on personalized medicine, increasing incidence of chronic diseases, and the availability of funding for research. On the other hand, the lack of infrastructure for 3D cell-based research and the high cost of cell biology research are expected to restrain the growth of this market during the forecast period.

3D Cell Culture Market by Product (Hydrogel, Hanging Drop, Bioreactor, Microfluidics, Magnetic Levitation), Application (Cancer, Stem Cell, Toxicology, Tissue Engineering), End User (Pharmaceutical, Biotech, Cosmetics), Region.

The global 3D cell culture market size is projected to reach USD 1,846 million in 2024 from USD 892 million in 2019, at a CAGR of 15.7%.

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The Global 3D Cell Culture Market is Segmented on:

1. Product
2. Application
3. End User
4. Region

By Product:

1. Scaffold-based 3D Cell Cultures
2. Scaffold-free 3D Cell Cultures
3. Microfluidics-based 3D Cell Cultures
4. Magnetic & Bioprinted 3D Cell Cultures

By Application:

1. Cancer Research
2. Stem Cell Research
3. Drug Discovery
4. Toxicology Testing
5. Tissue Engineering
6. Regenerative Medicine

By End User:

1. Pharmaceutical & Biotechnology Companies
2. Research Institutes
3. Cosmetics Industry

Regional Analysis:

1. North America
2. Europe
3. Asia Pacific
4. Rest of The World

North America commanded the largest share of the market due to the increasing incidence of cancer and the presence of a well-established pharmaceutical & biotechnology industry. However, the market in Europe is expected to grow at the highest CAGR during the forecast period. The growth of the market in Europe is attributed to the growth of its pharmaceutical and biotechnology industry, recent commercialization of microfluidics-based products, the increasing presence of major market players, and a large number of research activities conducted in the region.

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Key Players:

Thermo Fisher Scientific (US), Corning Incorporated (US), Merck KGaA (Germany), Lonza AG (Switzerland), REPROCELL Incorporated (Japan), TissUse (Germany), InSphero (Switzerland), Synthecon (US), 3D Biotek (US), CN Bio (UK), Hamilton Company (US), MIMETAS (Netherlands), Emulate (US).