3D Cell Culture Market Is projected To Boost, Driven by Rise in Need for Organ Transplantation


Posted July 26, 2017 by priya14

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.

 
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.
The global 3D cell culture market is majorly driven by prohibition on research & testing on animals, rising need for organ transplantation due to large patient database, and growing investment on R&D by various pharmaceutical and biotechnological companies. High initial cost is one of the major restraining factors of the market. Rising demand for customized cosmetics is a growth opportunity for the market players.
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The global 3D cell culture market has been segmented into technology, application, and geography Technology segment includes extracellular matrices, scaffold free platform, bioreactors, gels, and microchips. Application segmented into research, drug discovery, clinical applications, tissue engineering, and stem cell biology. Additionally, end-user is further bifurcated into research laboratories & institutes, hospital & diagnostic centers, and biotechnology & biopharmaceutical industry.
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Geographical segments of the global 3D cell culture market are North America, Europe, Asia-Pacific, and Rest of the World (RoW). Asia Pacific is anticipated to grow at a fastest CAGR from 2016 to 2024, driven by growing government funding for research and development and increasing scope for outsourcing. Furthermore, Europe held the highest market share followed by North America, in the year 2016.
The key players of 3D cell culture market are
• Merck & Co., Inc.
• Lonza Group
• 3D Biotek LLC
• Kuraray Co., Ltd.
• Becton
• Dickinson and Company
• Corning Incorporated
• Advanced Biomatrix, Inc.
• Thermo Fisher Scientific Inc.
• Global Cell Solutions, Inc., and VWR International, LLC, among others.
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Issued By Priya Sharma
Website https://www.variantmarketresearch.com/report-categories/life-sciences/3d-cell-culture-market
Phone +1-415-680-2785
Business Address 649 Mission St., 5th Floor, San Francisco, CA 94105, United States.
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Categories Science
Tags 3d cell culture , life sciences
Last Updated July 26, 2017