SAN FRANCISCO, July 28, 2017 (GLOBE NEWSWIRE) -- 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. Some of the major driving factors of the global 3D cell culture market are ban on research & testing on animals, rising need for organ transplantation, high investment on R&D companies. However, high initial cost is the restrain for the market, which may hamper the market growth. Rising demand for customized cosmetics will provide growth opportunities in the coming years.
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The global 3D Cell Culture Market has been segmented into technology, application, and geography. Technology segment includes extracellular matrices, bioreactors, gels, scaffold free platform, and microchips. Application segment is further categorized into research, clinical applications, drug discovery, tissue engineering, and stem cell biology. Furthermore, end-user is categorized into biotechnology & biopharmaceutical industry, research laboratories & institutes, and hospital & diagnostic centers.
The global 3D cell culture market by geography is categorized into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Asia Pacific is anticipated to grow at fastest CAGR over the forecast period 2016 – 2024. The growth is primarily driven by rising government funding for research & development and increasing scope for outsourcing.
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The Key Players are Operating in The Global 3D Cell Culture Market
- Merck & Co. Inc.
- Lonza Group
- 3D Biotek LLC
- Kuraray Co. Ltd.
- Becton
- Corning Incorporated
- Dickinson and Company
- Advanced Biomatrix Inc.
- VWR International LLC
- Thermo Fisher Scientific Inc.
- Global Cell Solutions Inc.
The key takeaways from the report
- The report will provide a detailed analysis of Global 3D Cell Culture Market with respect to major segments such as technology, application, end-user, and geography
- The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Global 3D Cell Culture Market from 2015 to 2024 has been included in the report
- Profile of the key players in the Global 3D Cell Culture Market will be provided, which include key financials, product & services, new developments, and business strategies
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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
- U.S.
- Canada
- Mexico - Europe
- UK
- Germany
- France
- Italy
- Others - Asia-Pacific
- India
- China
- Japan
- South Korea
- Others - RoW
- South America
- Middle East
- Africa
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