Title: 3D Cell Culture Market to Witness Steady Growth at ~9.9% CAGR During 2018 - 2028
13D Cell Culture Market
Report Id REP-GB-2843 Published On
January-2019 Category Healthcare,
Pharmaceuticals Medical Devices
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43D Cell Culture Market Analysis
- 3D Cell Culture Market is Expected to Register
Highest CAGR of 9.9 During the Forecast Period
2018 2028 - VALLEY COTTAGE, N.Y. , (GLOBE NEWSWIRE) -- The 3D
cell culture market revenues surpassed US 778
million in 2018, as per a new FMI study. The
market is estimated to grow at 7.8 y-o-y in
2019 key factors responsible for the projected
market growth include, - A steady rise in global research and development
expenditure - Efforts to leverage the potential of 3D cell
culture to replace animal model testing - Increasing demand for biosimilar products
- Extensive application of stem cell research and a
growing emphasis on regenerative medicine - While 2D cell culture revolutionized the
research efforts in stem cells, tissue
engineering, and molecular biology, 3D cell
culture has pushed the boundaries of traditional
2D cell culture technique with functional
superiority. As the RD efforts continue to rise
in a bid to investigate the cause of different
diseases and improve human health, 3D cell
culture is set to remain a highly sought-after
technique in the coming years, says FMI.
53D Cell Culture Market Analysis
- The FMI study finds that scaffold-based 3D cell
culture techniques are highly preferred over
scaffold-free 3D cell culture. Owing to the
significant adoption of scaffold-based 3D cell
culture, the study finds that this technique
garnered over 81 of the global market revenues. - Scaffold-based 3D cell culture techniques deliver
researchers with additional functional operations
in terms of material natural or synthetic and
different mechanical properties. - The technique uses either hydrogel-based support
or polymeric hard material based support. Both
types of supports find equivalent penetration in
terms of application, however revenues garnered
from polymeric hard material based support are
higher. - According to the study, revenues of polymeric
hard material based support held over half the
scaffold-based 3D cell culture technique revenues
in 2018 and the trend is expected to continue in
the future. - Application of 3D Cell Culture in Cancer Research
Prominent - The FMI study estimates that 3D cell culture
application in cancer research accounted for over
31 of the 3D cell culture market revenues in
2018. Cell culture is an integral part of cancer
drug discovery practices. Greater strides are
underway in the field to precisely characterize
the diseases and develop advanced tumor cell
lines using 3D cell culture techniques.
63D Cell Culture Market Analysis
- 2D culture lines are considered as a standard for
in vitro pre-clinical cancer treatment screening.
However, more recently, the field is turning to
3D cell culture techniques to implement an ideal
experimental model that mimics the human body
environment to its best. - Stem cell technology is another lucrative field
for 3D cell culture market. According to the FMI
study, application in stem cell technology
accounted for over one-fourth of the 3D cell
culture market revenues in 2018. While 2D cell
culture posed challenges of scalability in stem
cell technology, apart from a few challenges, 3D
cell culture has provided greater density and
multi-fold expansion of the culture system in
stem cell technology. Other fields that utilize
3D cell culture techniques are tissue
regeneration, regenerative medicine, and drug
discovery. - Biotechnology and Pharmaceutical Industries -
Prominent End-Users - The study reveals that the biotechnology and
pharmaceutical industries were accounted for over
one-fifth of the global 3D cell culture market
revenues in 2018. Buoyancy in the biotechnology
and pharmaceutical industries can be profitable
for the 3D cell culture market in the coming
years and over 9 growth is projected in 2019
over 2019. - Academic research institutes are the second
prominent end-users of 3D cell cultures wherein
they accounted for over one-fourth of the global
3d cell culture revenues in 2018. Government
funding in cancer research projects carried out
at academic institutes and organizations has
increased significantly, thereby supporting the
investments in advanced technologies including 3D
cell culture techniques.
73D Cell Culture Market Analysis
- Revenues in North America Continue to Surge
- North America continued to spearhead the revenues
of 3D cell culture market during the historical
period and the status-quo is likely to continue
in the future. In 2018, North America accounted
for over two-fifths of the global 3D cell culture
market revenues. The study estimates that
regional revenues are expected to grow at 8 in
2019 over 2018. - Funding in research and development, especially
in cancer research remains higher in the United
States as compared to other developed countries.
Europe also presents significant funding in RD
activities. The FMI study finds that over
one-fourth of the 3D cell culture market revenues
were accounted for the Europe region in 2018, of
which a bulk of revenues come from Western
European countries such as Germany, the UK,
France, Italy and Spain. - The FMI report tracks the 3D cell culture market
for the period 2018-2028. According to the
report, the 3D cell culture market is projected
to grow at 9.9 CAGR through 2028. - Press-Release Source https//www.globenewswire.c
om/news-release/2019/03/28/1781231/0/en/3D-Cell-Cu
lture-Market-Pegged-for-Robust-Expansion-at-9-9-CA
GR-by-2028-End-Future-Market-Insights.html - About Future Market Insights (FMI)
83D Cell Culture Market Analysis
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93D Cell Culture Market Analysis
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