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Global 3D Cell Culture Market Is Boosted By Increasing Need For Organ Transplantation

Global 3D Cell Culture Market Report, published by Variant Market Research, forecast that the global market is expected to reach $4,899 Billion by 2024 from $920 Billion in 2016, growing at a CAGR of 23.3% from 2016 to 2024. By geography, Asia Pacific and North America are expected to grow at a CAGR of 24.5% and 23.2%, respectively, during the forecast period.

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Global 3D cell culture market is majorly driven by ban on research and testing on animals, increasing need for organ transplantation owing to huge patient database, and growing investment on 3D cell culture by pharmaceutical and biotechnological companies. Though, high initial cost may hinder the market growth. Additionally, increasing demand for customized cosmetics would unfold attractive business opportunities for the market in the coming years.

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The global 3D cell culture market has been categorized into technology, application, end user, and geography. Technology segment includes bioreactors, extracellular matrices, gels, Scaffold free platform, and microchips. Application segment includes drug discovery, research, tissue engineering, clinical applications, and stem cell biology. Additionally, end-user is segmented as hospital & diagnostic centers, research laboratories & institutes, and biotechnology & biopharmaceutical industry.

Geographical segments of the global 3D cell culture market are North America, Europe, Asia-Pacific, and Rest of the World (RoW). Asia Pacific is the fastest growing region in the global 3D cell culture market, due to increasing scope for outsourcing and growing government financial support for research and development. Furthermore, Europe held major share of the market followed by North America, in the year 2016.

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The major key players operating in the market are Corning Incorporated, Merck & Co., Inc., 3D Biotek LLC, Lonza Group, Kuraray Co., Ltd., Becton, Dickinson and Company, Advanced Biomatrix, Inc., VWR International, LLC, and Global Cell Solutions, Inc., Thermo Fisher Scientific Inc., among others.

Scope of the Global 3D Cell Culture Market
Technology Segments
• Extracellular Matrices
• Bioreactors
• Gels
• Scaffold Free Platform
• Microchips
Application Segments
• Research
• Drug Discovery
• Tissue Engineering
• Clinical Applications
• Stem Cell Biology
End-User Segments
• Research Laboratories & Institutes
• Biotechnology & Biopharmaceutical Industry
• Hospital & Diagnostic Centers
Geography Segments
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Others
• Asia-Pacific
o India
o China
o Japan
o South Korea
o Others
• RoW
o South America
o Middle East
o Africa

About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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News Release: Global 3D Cell Culture Market Is Boosted By Increasing Need For Organ Transplantation
Submitted on: September 13, 2017 12:53:26 PM
Submitted by: manoj
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