The global 3D cell culture market was valued at US$ 586.1 Mn in 2014 and is projected to expand at a CAGR of 29.1% to account for US$ 2,717.6 Mn by 2020.
Albany, NY -- (SBWIRE) -- 01/20/2016 -- 3D cell culture is a man-made environment which is created to allow cells to grow and interact with the surroundings in all three dimensions. It is an advanced cell culture technique that overcomes limitations of 2D cell culture in terms of cellular characteristics and behavior. 3D cell culture is better suited to study disease models by cellular modeling different disease states. Research laboratories and institutes, hospitals, and biopharmaceutical and biotechnology companies are adopting 3D cell culture for better outputs and the adoption rate is posed to increase rapidly in the near future. Rising investment in 3D cell culture development, increasing research related activities, rising demand for organ transplantation, and 3D cell culture's ability to replace animal in research and pharmaceutical testing drive growth of the 3D cell culture market. However, budgetary constraints faced by small and medium-sized laboratories and lack of consistency in 3D cell culture products are key restraints for the market.
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Europe dominates the 3D cell culture market. The U.K. represents the largest market for 3D cell culture in the region. This is due to rising investment in 3D cell culture market, increasing research related activities, and 3D cell culture's ability to replace the animal in research and pharmaceutical testing.
This report provides in-depth analysis and estimation of the 3D cell culture market for the period 2014–2020, considering 2013 as the base year for calculation. Data pertaining to current market dynamics, including market drivers, restraints, trends, opportunities, and strategic developments has been provided in the report. The 3D cell culture market is categorized on the basis of technology, application, the end user, and geography. On the basis of technology, the 3D cell culture market is segmented into extracellular matrices or scaffolds, bioreactors, gels, scaffold-free platforms, and microchips.
In terms of applications, the market is segmented into research, drug discovery, tissue engineering, clinical applications, and stem cell biology. On the basis of the end user, the market comprises research laboratories and institutes, biotechnology and pharmaceutical industries, hospitals and diagnostic centres, and others. In the geographical analysis, the report identifies and analyses market size and forecast for North America, Europe, Asia and Rest of the World (RoW).
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Some of the major players in the 3D cell culture market are Sigma-Aldrich Corporation, Thermo Fisher Scientific, Inc., Corning Incorporated, Becton, Dickinson and Company, 3D Biotek LLC, Lonza Group, 3D Biomatrix, Inc., InSphero AG, Reinnervate Ltd, and Global Cell Solutions, Inc. These key market players have been profiled on the basis of attributes such as company overview, products and services, recent developments, growth strategies, sustainability and financial overview.
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