3D Cell Culture Market to Benefit from Hike in Tissue Regeneration Process
Market
Overview:
The global market report on the 3D Cell Culture Market,
as published by Market Research Future (MRFR), suggests a growth possibility by
25.50% CAGR between 2017 and 2023, which can be
taken in for the review as the forecast period. 3D cell culture allows
interaction between biological cells and their surroundings on a
three-dimensional scale. This ensures an influx of more
physiologically-relevant information than before and its accuracy is even
better than the previous methods. Toxicological screening of drugs, increasing
research investments for chronic diseases like cancer, improvement in the
maintenance of organ transplantation, and others.
However, dearness in terms of the cost associated with the research
procedure and technological support can hold back the market. But government
support and keen interests shown by public players can bring back the market on
track.
Segmentation:
·
The global market
report on the 3D cell culture has been segmented by MRFR to facilitate studies
that can provide better insights and inputs regarding the market. This
segmentation has a foundation built by analyses of technique, application,
product, and end-user.
·
By technique, the
global market report on 3D cell culture includes Scaffold-Free 3D Cell Culture
and Scaffolds-Based 3D Cell Culture.
·
By product, the
report on the market for 3D cell culture includes Consumables and Instruments. Hike
in investment to make sure both these segments get ample traction.
·
By application, the
market report on the 3D cell culture encompasses stem cell research, cancer
research, Tissue Screening & Engineering, Regenerative Medicine, drug
discovery, and others.
·
By end users, the
market report covering 3D cell culture can be segmented into Research &
Academic Laboratories, Contract Research Organizations, Pharmaceutical &
Biotechnology Companies, and others.
Regional
Analysis:
The regional take on the 3D cell culture market covers
several growth-inducing aspects of zones like Europe, the Americas, and the
Asia Pacific region. The Americas is showing dominance over the rest using
their research infrastructure and funding capapcity. A lot of companies are
building up their market base by investing much in the regional area. This regional
base can be segmented into North and South America. North America is getting
higher amounts of funds from various players to ensure the growth doesn’t get
slackened.
In Europe, the market can find better opportunities in
terms of the growing rate of cancer detection, increasing demand for organ
donation, and better fund availability. Various research institutes are taking
this as an opportunity to play big and inspire trends that can shape the
healthcare industry. The regional market is the second-biggest one with
contributions pouring in from countries like France, Germany, and others. The
Asia Pacific market could make use of the revamping research and development
setup. The growth would be the fastest and it could touch 26.17% CAGR over the
review period. Growth opportunity in the region is quite massive as countries
like Japan, China, and South Korea are spending huge amounts to meet the global
standard.
The Middle East & Africa and Latin America may
display moderate growth possibilities with Brazil, Argentina, Dubai, Qatar,
Saudi Arabia, the UAE, taking the onus to influence the market.
Competitive
Landscape:
Several market players in the 3D cell culture market
can influence the outcome. Their initiatives give foundation to the market. The
steps often include mergers, acquisitions, tie-ups, and other procedures.
MRFR’s analytical procedures have included several players and made an
assessment of the current growth opportunities to provide a direction that can
work well in the coming days. These companies are Lonza, Thermo Fisher
Scientific Inc, Kuraray Co Ltd, Corning Incorporated, Merck KGaA, Becton,
Dickinson and Company, and others.
In November 2019,
Japan-based company Hitachi announced that they are going to launch a new
automation technology that would support the 3D cell culture process. It is the
fruition of a collaboration with Myoridge Co. Ltd.
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