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3D Cell Culture Market Size to Surge at 13.5% CAGR and Hit 970 Million by 2024

The newly released research at Market Study Report titled “2019-2024 Global 3D Cell Culture Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

 

Selbyville, DE -- (SBWIRE) -- 06/20/2019 -- According to this study, over the next five years the 3D Cell Culture market will register a 13.5% CAGR in terms of revenue, the global market size will reach US$ 970 million by 2024, from US$ 510 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in 3D Cell Culture business, shared in Chapter 3.

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A 3D cell culture is an artificially-created environment in which biological cells are permitted to grow or interact with their surroundings in all three dimensions. Unlike 2D environments (e.g. a petri dish), a 3D cell culture allows cells in vitro to grow in all directions, similar to how they would in vivo. These three-dimensional cultures are usually grown in bioreactors, small capsules in which the cells can grow into spheroids, or 3D cell colonies. Approximately 300 spheroids are usually cultured per bioreactor.

The global 3D cell culture market is relatively concentrated; the sales of top nine manufacturers account about 68.23% of total global Production in 2016. The largest manufacture of 3D cell culture is Thermo Fisher Scientific; its Production is 252.73 K Unit in 2016. The next is Corning and Lonza Group.

North America is the largest consumption region of 3D cell culture in 2016. In 2016, the sales of 3D cell culture is about 470 K Unit in North America; its sales proportion of total global sales exceeds 36%.The next is Europe. Asia has a large growth rate of 3D cell culture.

Cancer research is currently the most well established application area and accounts for 40.05% of the present 3D culture market. Drug Discovery has also emerged quite popular with 36.25% of the current market share. Stem cells and regenerative medicine together capture a share of 24.08% in the current 3D culture market and would gradually gain focus as the market matures in the field of therapeutics in 2016.

A brief run-through of the industry segmentation encompassed in the 3D Cell Culture market report:

Competitive landscape:

Companies involved: Thermo Fisher Scientific, Corning, Lonza Group, Kuraray Co, Merck Kgaa, Insphero, N3d Bioscience, Reprocell Incorporated and 3D Biotek

Vital pointers enumerated:
- Sales area
- Distribution
- Company profile
- Company overview
- Products manufactured
- Price patterns
- Revenue procured
- Gross margins
- Product sales

The 3D Cell Culture market report provides an outline of the vendor landscape that includes companies such as Thermo Fisher Scientific, Corning, Lonza Group, Kuraray Co, Merck Kgaa, Insphero, N3d Bioscience, Reprocell Incorporated and 3D Biotek. Parameters such as the distribution and sales area, alongside other pivotal details such as the firm profiling and overview have also been mentioned.

The study mentions the products manufactured by these esteemed companies as well the product price prototypes, profit margins, valuation accrued, and product sales.

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Geographical landscape:
Regions involved: USA, Europe, Japan, China, India, South East Asia

Vital pointers enumerated:
- Product consumption patterns
- Valuation that each of these regions account for in the industry
- Market share which every region holds
- Consumption market share across the geographies
- Product consumption growth rate
- Geographical consumption rate

Segmented into USA, Europe, Japan, China, India, South East Asia, as per the regional spectrum, the 3D Cell Culture market apparently covers most of the pivotal geographies, claims the report, which compiles a highly comprehensive analysis of the geographical arena, including details about the product consumption patterns, revenue procured, as well as the market share that each zone holds.

The study presents details regrading the consumption market share and product consumption growth rate of the regions in question, in tandem with the geographical consumption rate with regards to the products and the applications.

Product landscape
Product types involved: Scaffold-based and Scaffold-free

Vital pointers enumerated:
- Market share held by the product
- Projected valuation of each type
- Individual product consumption as per value and growth rate
- Sales value

The 3D Cell Culture market report enumerates information with respect to every product type among Thermo Fisher Scientific, Corning, Lonza Group, Kuraray Co, Merck Kgaa, Insphero, N3d Bioscience, Reprocell Incorporated and 3D Biotek, elaborating on the market share accrued, projected remuneration of each type, and the consumption rate of each product.

Application landscape:
Application sectors involved: Cancer Research, Stem Cell Research, Drug Discovery and Regererative Medicine

Vital pointers enumerated:
- Market share held by each application segment
- Forecast valuation of each application
- Consumption patterns

The 3D Cell Culture market report, with respect to the application spectrum, splits the industry into Cancer Research, Stem Cell Research, Drug Discovery and Regererative Medicine, while enumerating details regarding the market share held by each application and the projected value of every segment by the end of the forecast duration.

The 3D Cell Culture market report also includes substantial information about the driving forces impacting the commercialization landscape of the industry as well as the latest trends prevailing in the market. Also included in the study is a list of the challenges that this industry will portray over the forecast period.
Other parameters like the market concentration ratio, enumerated with reference to numerous concentration classes over the projected timeline, have been presented as well, in the report.

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