3D Cell Culture Market Size, Application, Revenue Growth, Forecast Period - 2030


Posted January 17, 2024 by shitalt

3D Cell Culture Market is projected to reach $4.02 billion by 2030, at a CAGR of 15.1% from 2023 to 2030.
 
In the latest report from Meticulous Research®, it is anticipated that the 3D cell culture market will achieve a valuation of $4.02 billion by the year 2030, with a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period. The surge in this market is fueled by an upswing in cancer research, an expanding application of 3D cell culture in drug discovery and toxicology testing, heightened demand for organ transplants, increased investments in life science research, and the incorporation of 3D cell culture models in animal testing. Additionally, the emergence of economies and a heightened focus on regenerative medicine are poised to present substantial growth opportunities.

Key Players:

Prominent players in the 3D cell culture market include Thermo Fisher Scientific (U.S.), Merck KGaA (Germany), Lonza Group AG (Switzerland), Corning Incorporated (U.S.), UPM-Kymmene Corporation (Finland), REPROCELL Inc. (Japan), SYNTHECON, INCORPORATED (South Africa), InSphero AG (Switzerland), Advanced BioMatrix (U.S.), MIMETAS B.V. (Netherlands), and Greiner Bio-One International GmbH (Austria).

3D Cell Culture Market: Future Outlook:

The 3D Cell Culture market is categorized based on Product (Scaffold-free Platforms, Scaffold-based Platforms, Accessories and Consumables, and Other Products), Application (Cancer Research, Regenerative Medicines, Drug Discovery and Testing, Tissue Engineering, and Other Applications), End User (Pharmaceutical and Biotechnology Companies, Academic and Research Institutes), and Geography. The study also involves an assessment of industry competitors and a market analysis at both regional and country levels.

Product Segmentation:

In terms of product segmentation, the 3D cell culture market comprises scaffold-free platforms, scaffold-based platforms, accessories and consumables, and other products. In 2023, it is projected that the scaffold-based platforms segment will dominate the market, with hydrogels holding the largest share. Hydrogels, a widely used scaffold for 3D cell cultures, facilitate the integration of mechanical indicators and advanced biochemicals, mimicking the natural extracellular matrix. The increasing demand for enhanced hydrogels, providing stable platforms for studying human and biological physiology, contributes to the significant market share of this segment.

Application Segmentation:

Regarding application segmentation, the cancer research segment is anticipated to lead the 3D cell culture market in 2023. The numerous advantages offered by 3D cell culture in cancer research, including the analysis of gene and protein expression, studying cell behavior in a 3D space, and replicating tumor structures, contribute to the dominance of this segment. Additionally, 3D cell culture facilitates the study of tumor biology, drug sensitivity, and the reproduction of the tumor microenvironment, capturing phenotypic heterogeneity and supporting advancements in cancer research.

End User Segmentation:

In the end user segmentation, pharmaceutical and biotechnology companies are expected to hold the largest share of the 3D cell culture market in 2023. This is attributed to technological advancements in 3D cell culture that aid pharmaceutical and biotechnology industries in improving precision medicine, pre-clinical validation, and drug discovery. Increased research collaborations further contribute to the growth of this segment, exemplified by collaborations such as the one between Mirati Therapeutics, Inc. (U.S.) and Sarah Cannon Research Institute (SCRI) (U.S.) in May 2023, aimed at enhancing diversity in cancer clinical studies.

Geographic Review:

The report conducts a comprehensive analysis of major geographies, including North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America, and the Middle East & Africa. In 2023, North America is anticipated to hold the largest share of the 3D cell culture market, followed by Europe and Asia-Pacific. Furthermore, the U.S. is expected to be the largest market shareholder in North America in 2023, owing to its highly developed healthcare infrastructure and the presence of major market players such as Thermo Fisher Scientific (U.S.), Merck KGaA (Germany), and Lonza Group AG (Switzerland).

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=1246

Key questions answered in the report:

Which are the high-growth market segments in terms of product, application, end user, and region/country?
What was the historical market size for 3D cell culture across the globe?
What are the market forecasts and estimates for the period 2023–2030?
What are the major drivers, restraints, and opportunities in the global 3D cell culture market?

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Last Updated January 17, 2024