The 3D cell culture market is expected to grow at a CAGR of 9.8% over the forecast period to reach a valuation of US$2.67 billion by 2031

the 3D Cell Culture Market revenues topped US$778 million in 2018, according to a new IMF study. The market is expected to grow 7.8% YoY in 2019; The major factors responsible for the anticipated market growth include,

  • Steady rise in global research and development spending
  • Efforts to leverage the potential of 3D cell culture to replace animal model testing
  • Increase in demand for biosimilars
  • Extensive application of stem cell research and growing emphasis on regenerative medicine

While 2D cell culture has revolutionized research efforts in stem cells, tissue engineering, and molecular biology, 3D cell culture has pushed the boundaries of traditional 2D cell culture technique with functional superiority. As R&D efforts continue to increase with the aim of studying the cause of different diseases and improving human health, 3D cell culture is expected to remain a highly sought-after technique in the years to come.», Explains IMF.

Request a sample report for complete information on
https://www.futuremarketinsights.com/reports/sample/rep-gb-2843

The IMF study reveals that scaffold-based 3D cell culture techniques are widely preferred over scaffold-free 3D cell culture. Due to the high adoption of scaffold-based 3D cell culture, the study reveals that this technique has generated more than 81% of global market revenue.

Scaffold-based 3D cell culture techniques offer researchers additional functional operations in terms of material – natural or synthetic and different mechanical properties.

The technique uses either a hydrogel-based carrier or a polymer hard material-based carrier. Both types of media find equivalent penetration in terms of application, but the revenues generated by media based on hard polymeric materials are higher.

According to the study, polymer hard material-based support revenue held more than half of scaffold-based 3D cell culture technique revenue in 2018 and the trend is expected to continue in the future.

3D Cell Culture Market Size (2022) US$1.15 billion
Sales forecast (2031) US$2.67 billion
Global market growth rate (2022 to 2031) 9.8% CAGR
Share of the top 5 market players 55%

Application of 3D cell culture in cancer research

The IMF study estimates that the application of 3D cell culture in cancer research accounted for more than 31% of 3D cell culture market revenue in 2018. Cell culture is an integral part of drug discovery practices anti-cancer. Greater progress is being made in the field to precisely characterize diseases and develop advanced tumor cell lines using 3D cell culture techniques.

2D culture lines are considered a standard for in vitro preclinical screening of cancer treatments. However, more recently, the field has turned to 3D cell culture techniques to implement an ideal experimental model that best mimics the environment of the human body.

Stem cell technology is another lucrative area for the 3D cell culture market. According to the IMF study, the application in stem cell technology accounted for more than a quarter of the 3D cell culture market revenue in 2018. While 2D cell culture posed scalability challenges in cell technology stem cells, apart from a few challenges, 3D cell culture has provided greater density and multiple expansion of the culture system in stem cell technology. Other areas that use 3D cell culture techniques are tissue regeneration, regenerative medicine, and drug discovery.

For any questions related to the report, ask an [email protected] https://www.futuremarketinsights.com/ask-question/rep-gb-2843

Biotechnology and Pharmaceutical Industries – Important End Users

The study reveals that the biotech and pharmaceutical industries accounted for more than one-fifth of the global 3D cell culture market revenue in 2018. The dynamism of the biotech and pharmaceutical industries can be profitable for the 3D cell culture market in the years to come and more than 9% growth is expected in 2019 compared to 2019.

Academic research institutes are the second largest end-users of 3D cell cultures, where they accounted for more than a quarter of global 3D cell culture revenues in 2018. Government funding for cancer research projects conducted at institutes and academic organizations has grown significantly, which will support investments in cutting-edge technologies, including 3D cell culture techniques.

Revenues in North America continue to grow

North America has continued to spearhead the 3D cell culture market revenue during the historical period and the status quo is expected to continue in the future. In 2018, North America accounted for more than two-fifths of the global 3D cell culture market revenue. The study estimates that regional revenues should grow by 8% in 2019 compared to 2018.

Funding for research and development, especially in cancer research, remains higher in the United States compared to other developed countries. Europe also presents significant funding in R&D activities. The IMF study reveals that more than a quarter of the 3D cell culture market revenue came from the Europe region in 2018, with a large portion of the revenue coming from Western European countries such as Germany, the Kingdom United, France, Italy and Spain.

We offer bespoke solutions to meet your needs, request customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-2843

Discover IMF’s extensive ongoing healthcare coverage

Insect Cell Lines Market – Tissue culture is the in vitro procedure of aseptic tissue culture using growth medium. Insect cell culture is a special medium used for the production of vaccines, virus particles and recombinant proteins.

HCC Hepatocellular Carcinoma Treatment Market – Hepatocellular carcinoma (HCC) is also called malignant hepatoma. HCC is the main malignancy of the liver and occurs mainly in patients with chronic liver disease and cirrhosis.

Cell Culture Incubators Market – Cell culture incubator is a device used to maintain and allow the growth of cell culture and microbiological culture inside the chamber at constant temperature, optimum pH, O2 control, humidity and Co2 concentration.

Fluorescence Activated Cell Sorting Market – Flow cytometry is a procedure that analyzes the chemical and physical characteristics of certain particles in a fluid by passing through at least one laser. These cellular components are fluorescently labeled and when the laser passes through, these cellular components emit light at different wavelengths.

Unresectable Hepatocellular Carcinoma Market – This Unresectable Hepatocellular Carcinoma market study offers a comprehensive analysis of the business models, key strategies and respective market shares of some of the prominent players in this landscape.

About Future Market Insights (IMF)

Future Market Insights (FMI) is a leading provider of market information and advisory services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, USA and India. FMI’s latest market research reports and industry analysis help businesses meet challenges and make critical decisions with confidence and clarity amidst fierce competition. Our custom and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of analysts led by FMI experts continuously monitor emerging trends and events across a wide range of industries to ensure our clients are prepared for the changing needs of their consumers.

Contact:
future market outlook,
1602-6 Jumeirah Bay Tower X2,
Parcel number: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For sales inquiries: [email protected]
For media inquiries: [email protected]
Website: https://www.futuremarketinsights.com/

Comments are closed.