3D Cell Culture Market to Witness Steady Growth at ~9.9% CAGR During 2018 - 2028

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3D Cell Culture Market

• February 2020

Report Id REP-GB-2843 Published On
January-2019 Category Healthcare,
Pharmaceuticals Medical Devices
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3D Cell Culture Market Analysis

• 3D Cell Culture Market is Expected to Register
  Highest CAGR of 9.9 During the Forecast Period
  2018 2028
• VALLEY COTTAGE, N.Y. , (GLOBE NEWSWIRE) -- The 3D
  cell culture market revenues surpassed US 778
  million in 2018, as per a new FMI study. The
  market is estimated to grow at 7.8 y-o-y in
  2019 key factors responsible for the projected
  market growth include,
• A steady rise in global research and development
  expenditure
• Efforts to leverage the potential of 3D cell
  culture to replace animal model testing
• Increasing demand for biosimilar products
• Extensive application of stem cell research and a
  growing emphasis on regenerative medicine
• While 2D cell culture revolutionized the
  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 the RD efforts continue to rise
  in a bid to investigate the cause of different
  diseases and improve human health, 3D cell
  culture is set to remain a highly sought-after
  technique in the coming years, says FMI.

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3D Cell Culture Market Analysis

• The FMI study finds that scaffold-based 3D cell
  culture techniques are highly preferred over
  scaffold-free 3D cell culture. Owing to the
  significant adoption of scaffold-based 3D cell
  culture, the study finds that this technique
  garnered over 81 of the global market revenues.
• Scaffold-based 3D cell culture techniques deliver
  researchers with additional functional operations
  in terms of material natural or synthetic and
  different mechanical properties.   
• The technique uses either hydrogel-based support
  or polymeric hard material based support. Both
  types of supports find equivalent penetration in
  terms of application, however revenues garnered
  from polymeric hard material based support are
  higher.
• According to the study, revenues of polymeric
  hard material based support held over half the
  scaffold-based 3D cell culture technique revenues
  in 2018 and the trend is expected to continue in
  the future.
• Application of 3D Cell Culture in Cancer Research
  Prominent
• The FMI study estimates that 3D cell culture
  application in cancer research accounted for over
  31 of the 3D cell culture market revenues in
  2018. Cell culture is an integral part of cancer
  drug discovery practices. Greater strides are
  underway in the field to precisely characterize
  the diseases and develop advanced tumor cell
  lines using 3D cell culture techniques.

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3D Cell Culture Market Analysis

• 2D culture lines are considered as a standard for
  in vitro pre-clinical cancer treatment screening.
  However, more recently, the field is turning to
  3D cell culture techniques to implement an ideal
  experimental model that mimics the human body
  environment to its best.
• Stem cell technology is another lucrative field
  for 3D cell culture market. According to the FMI
  study, application in stem cell technology
  accounted for over one-fourth of the 3D cell
  culture market revenues in 2018. While 2D cell
  culture posed challenges of scalability in stem
  cell technology, apart from a few challenges, 3D
  cell culture has provided greater density and
  multi-fold expansion of the culture system in
  stem cell technology. Other fields that utilize
  3D cell culture techniques are tissue
  regeneration, regenerative medicine, and drug
  discovery.
• Biotechnology and Pharmaceutical Industries -
  Prominent End-Users
• The study reveals that the biotechnology and
  pharmaceutical industries were accounted for over
  one-fifth of the global 3D cell culture market
  revenues in 2018. Buoyancy in the biotechnology
  and pharmaceutical industries can be profitable
  for the 3D cell culture market in the coming
  years and over 9 growth is projected in 2019
  over 2019.
• Academic research institutes are the second
  prominent end-users of 3D cell cultures wherein
  they accounted for over one-fourth of the global
  3d cell culture revenues in 2018. Government
  funding in cancer research projects carried out
  at academic institutes and organizations has
  increased significantly, thereby supporting the
  investments in advanced technologies including 3D
  cell culture techniques.

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3D Cell Culture Market Analysis

• Revenues in North America Continue to Surge
• North America continued to spearhead the revenues
  of 3D cell culture market during the historical
  period and the status-quo is likely to continue
  in the future. In 2018, North America accounted
  for over two-fifths of the global 3D cell culture
  market revenues. The study estimates that
  regional revenues are expected to grow at 8 in
  2019 over 2018.
• Funding in research and development, especially
  in cancer research remains higher in the United
  States as compared to other developed countries.
  Europe also presents significant funding in RD
  activities. The FMI study finds that over
  one-fourth of the 3D cell culture market revenues
  were accounted for the Europe region in 2018, of
  which a bulk of revenues come from Western
  European countries such as Germany, the UK,
  France, Italy and Spain.
• The FMI report tracks the 3D cell culture market
  for the period 2018-2028. According to the
  report, the 3D cell culture market is projected
  to grow at 9.9 CAGR through 2028.
• Press-Release Source https//www.globenewswire.c
  om/news-release/2019/03/28/1781231/0/en/3D-Cell-Cu
  lture-Market-Pegged-for-Robust-Expansion-at-9-9-CA
  GR-by-2028-End-Future-Market-Insights.html
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3D Cell Culture Market Analysis

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3D Cell Culture Market Analysis

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