3D Cell Culture Technologies Market Growth Analysis With Investment Opportunities For 2024-2033
The Business Research Company's 3D Cell Culture Technologies Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
LONDON, GREATER LONDON, UK, August 21, 2024 /EINPresswire.com/ -- The 3D cell culture technologies market is experiencing rapid growth, projected to expand from $2.85 billion in 2023 to $3.39 billion in 2024, reflecting a robust compound annual growth rate (CAGR) of 19.0%. This growth can be attributed to advancements in cell biology, drug development, rising chronic disease incidence, and supportive government funding. The market is expected to further grow to $6.94 billion by 2028 at a CAGR of 19.6%, driven by pharmaceutical industry expansion, increased research and development, and heightened environmental and ethical considerations.
Increased Demand for Organ Transplantation Boosts the 3D Cell Culture Technologies Market
The rising demand for organ transplantation is significantly propelling the growth of the 3D cell culture technologies market. 3D cell culture technologies create three-dimensional structures that mimic tissues and organs, facilitating advancements in organ transplantation. For example, in January 2023, the United Network for Organ Sharing (UNOS) reported a record 42,887 organ transplants in the U.S. in 2022, highlighting the growing need for improved organ transplantation methods. The ability of 3D cell structures to aid in tissue and organ regeneration and drug toxicology screening underscores their increasing importance in medical research and applications.
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Major Players and Market Trends
Leading companies in the 3D cell culture technologies market include Becton Dickinson and Company, Corning Incorporated, and GE Healthcare. These players are focusing on innovations such as NiZn technology and advanced 3D cell culture systems to stay competitive. For instance, in May 2024, ABB Inc. launched nickel-zinc (NiZn) batteries, enhancing safety and sustainability in energy storage solutions, which mirrors the market's drive for cutting-edge technologies in cell culture.
Segments:
•By Type: Hydrogels, Polymeric Scaffolds, Micropatterned Surface Microplates, Hanging Drop Microplates, Spheroid Microplates, Microfluidic 3D Cell Culture, Magnetic Levitations & 3D Bioprinting
•By Application: Cancer Research, Stem Cell Research, Drug Discovery, Regenerative Medicine
•By End Users: Research Laboratories and Institutes, Biotechnology and Pharmaceutical Companies, Hospitals and Diagnostic Centers, Other End Users
Geographical Insights: North America Leading the Market
In 2023, North America was the largest region in the 3D cell culture technologies market, with Western Europe following closely. The comprehensive report offers detailed insights into regional dynamics, market trends, and growth opportunities across different geographies.
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3D Cell Culture Technologies Global Market Report 2024 from The Business Research Company covers the following information:
•Market size data for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The 3D Cell Culture Technologies Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on 3d cell culture technologies market size, 3d cell culture technologies market drivers and trends, 3d cell culture technologies market major players, 3d cell culture technologies competitors' revenues, 3d cell culture technologies market positioning, and 3d cell culture technologies market growth across geographies. The 3d cell culture technologies market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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