Globally, the 3D cell culture market is witnessing high growth due to factors such as rise in research and development investments, higher adoption, use of microfluidic technology, increasing focus on regenerative medicine, and use of 3D cell culture models for drug discovery and toxicology in vivo testing. In addition, rapid increase in the need for organ transplantation is further expected to propel the growth of this market in coming years. However, the budget restraints by laboratories, lack of experienced professionals, and lack of consistency in 3D cell culture products, cost and complexity, and ethical concerns using animal sources are affecting the growth of this market.
3D cell culture market is segmented into cancer cell research, cell based assays/toxicity screening, regenerative medicine/tissue engineering, in vivo applications for stem cells, 3D printing/microfluidics, and others. The cancer cell research segment is poised to witness the highest growth rate in this market due to their increasing adoption as it speeds up the cancer drug discovery process than traditional time-consuming and expensive animal models.
The 3D cell culture market is expected to reach USD 1,720.3 Million by 2022 from USD 570.4 Million in 2016 growing at a CAGR of 20.3%.
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In coming years, regenerative and stem cell research market offer huge potential to the growth of this market. Major players are developing advanced assay kits which will reduce the cost and efforts required in the field of regenerative medicine research such as identification of diseases pathways, and evaluation of potential new drugs.
The 3D cell culture market is highly competitive with the presence of various players. Some of the major players operating in the market are Thermo Fisher (US), Corning (US), Lonza (Switzerland), Merck (Germany), ReproCELL (Japan), and InSphero (Switzerland). The other players operating in this market include Global Cell Solutions (US), Synthecon (US), 3D Biotek (US), Kuraray (Japan), Hamilton Company (US), Mimetas (Netherlands), Emulate (US), Nano3D Biosciences (US), and QGel (Switzerland).
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