Now Available: 3D Cell Culture Market - Global Forecast to 2021

From: Fast Market Research, Inc.
Published: Wed Jul 20 2016


3D Cell Culture Market by Technology (Scaffold Based, Scaffold Free), Application (Cancer Cell Research, Cell-based Assays/Toxicity Screening), End-Users (Biotechnology & Pharmaceuticals Industries) and Geography- Global Forecast to 2021

The global 3D cell culture market size is expected to reach USD 1345.2 million by 2021 from USD 466.8 million in 2016, at a CAGR of 23.6%. The global 3D cell culture market is segmented based on technology, application, end user, and region. The scaffold-based segment is expected to register the highest growth rate in the 3D cell culture market, by technology, during the forecast period. The high growth in this segment is attributed to the variety of material and structural choices for scaffold, due to which they are most preferred in various applications.

Based on end users, the 3D cell culture market is segmented into research laboratories & institutes, biotechnology & pharmaceutical industries, and hospitals & diagnostic centers. The biotechnology & pharmaceutical industries segment is expected to account for the largest share of the market in 2016. Increasing prevalence of cancer cases and the need for development of advanced drugs and therapies will drive the growth of this market.

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Geographically, the 3D cell culture market is dominated by North America, followed by Europe, Asia-Pacific, and Rest of the World (RoW). Growth in the North American segment is primarily driven by rising incidences of cancer, increasing government support in the form of grants and funding, expanding biopharmaceutical industry, and launch of new products in the market.

The major factors contributing to the growth of the 3D cell culture market include increasing incidences of cancer, growing awareness regarding the benefits of 3D cell culture, rising regulatory approvals for cell culture-based vaccines, funding for cell-based research, and technological advancements. On the other hand, high cost of cell biology research and lack of infrastructure for cell-based research in emerging economies are the major factors restraining the growth of this market. The high growth potential in the Asia-Pacific region provides growth opportunities to players in the 3D cell culture market.

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