World News – United States – 3D Cell Culture Market Size Estimated At USD 3,72168 Million By 2027 – Reports Assess

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BANGALORE, India, Oct. 21, 2020 / PRNewswire / – According to the latest market research report’ 3D Cell Culture Market by Product (Scaffold-Based Platforms, Platforms Without scaffolding, gels, bioreactors, microchips and services), application (cancer research, stem cells Research, Drug Discovery, and Regenerative Medicine) and end user (biotechnology & Pharmaceutical Companies, Contract Research Laboratories, and Academic Institutes) and region – Global Forecast to 2026 « , published on Valuates Reports

The global 3D cell culture market size was valued at USD 1,23486 million in 2019 and is expected to bring in USD 3,72168 million by 2027, registering a CAGR of 163% during the forecast period

The major factors driving the growth in the size of the 3D cell culture market are the increasing emphasis on the production of alternatives to animal testing, the growing emphasis on personalized medicine , prevalence of chronic disease and availability of research funds

Inconsistent and disrupted operations in the supply chain and availability of human capital due to the COVID-19 pandemic are expected to have an effect on business development

On the contrary, the rise of clinical activities for the production of new COVID-19 therapies is a huge opportunity for the main players in the industry Stem cell therapy and regenerative medicine research have shown positive results for the treatment of COVID-19 disease, so this should offset the deleterious effects caused by lockouts

For the main players in the 3D cell culture industry, the overall effect of COVID-19 should therefore remain moderate

Increased demand for organ transplantation and tissue engineering for the treatment of chronic diseases is expected to drive growth in 3D CELL CULTURE market size

In addition, the emergence of new technologies such as the lab-on-a-chip technique, based on the concept of culturing parts of microfabricated tissue, is expected to further fuel the size of the 3D cell culture market

The increased adoption of 3D cell culture in diagnostic centers, hospitals, and biotechnology and pharmaceutical companies, and the increased demand for organ transplantation, tissue regeneration and regenerative medicine are expected to increase the market size 3D cell culture

It is expected that an increasing number of research activities, combined with a growing number of organizations investing in the production of 3D cell cultures, will continue to fuel the size of the 3D cell culture market In addition to increasing investments of leading companies and research organizations, due to the increasing demand for organ transplantation, the size of the 3D cell culture market is even larger

Scaffold-Based Platforms Segment is Expected to Hold the Largest 3D Cell Culture Market Share During the Forecast Period By providing a surface on which cells can easily communicate 3D growth, scaffold-based platforms are used to modify the cell culture procedure. Scaffolds, due to the availability of a range of materials and options. structural, are used in drug development and cell expansion

Depending on the region, North America is expected to hold the largest market share This dominance of North America is attributed to the existence of several pharmaceutical and biotechnology companies that use 3D cultivation technology. increased demand for organ transplantation and increase in R&D are expected to drive region adoption of 3D cell culture practices

The United States cell culture market size is projected to grow from $ 6,20024 million in 2019 to $ 12,45990 million by the end of 2025 at a compound annual growth rate (CAGR) of 1233%

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Cell culture, cell, Thermo Fisher Scientific, Sigma-Aldrich, industry

World news – United States – 3D cell culture market size is estimated at $ 3,72168 million by 2027 – assess reports



SOURCE: https://www.w24news.com/news/world-news-united-states-3d-cell-culture-market-size-estimated-at-usd-372168-million-by-2027-reports-assess/?remotepost=450523

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