The global 3D cell culture market is growing at a significant rate due to growing awareness, increasing focus on developing alternatives to animal testing and technological advancement, and new product launches. Different types of products contributed to the 3D cell culture market size.
The global market has been segmented by product into scaffold-based 3D cell culture, magnetic levitation, scaffold-free 3D cell culture, and 3D bioprinting and microfluidics-based 3D cell culture.
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The 3D cell culture market has been segmented by application into drug discovery and toxicology testing, tissue engineering and regenerative medicine, and cancer and stem cell research.
The technological advancement and new product launches, growing awareness, availability of funding for research from government and private investors, increasing demand for effective and affordable treatment and increasing focus on developing alternatives to animal testing are the primary growth drivers for 3D cell culture market.
The emergence of microfluidics-based cell culture, advancements in the field of cell imaging and analytical systems, development for formulating personalized cosmetics, compliance of 3D cultures in detecting phenotypic changes, and regenerative medicine, focus on providing next-level of treatment management options to patients are also fueling the growth of the 3D cell culture market.
North America is the largest 3D cell culture market as the region is home to the largest pharmaceutical and biotechnology industry players. Asia-Pacific is observed to witness fastest growth in the market, as the region comprises of largest population.
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Key players in the industry are investing in the development of innovative and advanced products, which is strengthening their position in the market.
Thermo Fisher Scientific Inc., Corning Incorporated, Merck & Co., Inc., Lonza Group, Reprocell, 3D Biotek, Emulate, Global Cell Solutions, Hamilton and Insphero are some of the key players offering 3D cell culture products.
Source: VynZ Research