3D Cell Culture Market Is Expected To Grow 20.3% CAGR till 2023

The global 3D cell culture market was valued at USD 682.8 million in 2017, and is expected to register a CAGR of 20.3% during the forecast period of 2018 to 2023. Due to the high incidence of cancer and the availability of well-established pharmaceutical and biotechnology industries, North America dominates the market.

Rising Need for Organ Transplantation

Cell culture is a process to grow prokaryotic cells or eukaryotic cells artificially, outside their natural environment, in a laboratory under controlled conditions. During the last decade, the demand for organ transplantation has increased worldwide, due to increased incidences of organ failure, rise in success and improvement in post-transplant outcome. Increasing healthcare costs, aging population, and rising prevalence of chronic disease are expected to continue to shape the life science industry. Therefore, the majority of life science companies are investing on the R&D sector.

Additionally, the development of automated large-scale cell culture systems, use of 3D cell culture models as an alternative tool in vivo testing, and increasing focus on regenerative medicine also act as drivers of the global 3D cell culture market.

Market Players: 3D Biomatrix, Reinnervate Ltd, 3D Biotek LLC, Becton Dickinson and Company, Sigma Aldrich Corporation, Corning Incorporated, Thermo Fisher Scientific, Global Cell Solutions Inc., Nanofiber Solutions Incorporation, Insphero AG, Lonza Group, and Nano 3D Biosciences, amongst others.

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Budget Restriction for Small- and Medium-size Laboratories

3D hydrogels in the cell culture market face several challenges that have been hindering the market’s growth over the years. There hindrances include financial challenges by small and medium biotechnology and pharmaceutical companies. The initial investment associated with 3D hydrogels in cell culture is high. Moreover, organizations operating at small or medium scale, are unable to bear the expenditure. This factor is the major restraint to the market’s growth. The application of new biotechnology in cell culture and other areas in developing countries is expected to result in the demand for experienced and skilled professionals. Thus, the lack of skilled professionals for 3D cell culture is also restraining the growth of the market studied.  

In addition, lack of consistency in 3D cell culture products and stringent process controls for advanced handling capabilities are also hindering the growth of the market studied.

North America to Dominate the Market

The market has been segmented based on technology, application, end user, and geography. Based on technology, the market has been segmented into extracellular matrices (scaffolds), bioreactors, gels, scaffold-free platforms, microchips, and other technologies. By application, the market has been divided into research, drug discovery, tissue engineering, clinical applications, stem cell biology, and other applications. Based on end user, the market has been segregated into research laboratories and institutes, biotechnology and pharmaceutical industries, hospitals and diagnostic centers, and other end users. By geography, it has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

Owing to the high incidence of cancer and the presence of well-established pharmaceutical and biotechnology industries that are investing in the R&D projects carried out, North America dominates the global market.

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Regions Covered in this report are as Follows:

United States, North America (Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa), RoW (Rest of World).

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