Global 3D cell culture market projected to reach USD 4.0 billion by 2032, driven by growth in biotechnologies.

From GlobeNewswire: 2024-12-18 08:00:00

The global 3D Cell Culture Market was valued at USD 1.4 billion in 2023 and is projected to reach USD 4.0 billion by 2032, growing at a 12.4% CAGR. 3D cell culture is crucial for drug development, disease modeling, and toxicity testing, providing more realistic predictions compared to traditional 2D systems.

Government investments in biotechnologies, like the NSF’s allocation of over USD 150 million in 2023, are driving the adoption of 3D cell culture technologies. With over 9.6 million lives lost to cancer annually, there is a growing need for better testing platforms for drugs, which 3D cell culture technologies aim to provide.

Scaffold-based technology dominated the market in 2023, accounting for 46% of revenue. Stem cell research & tissue engineering was the leading application segment at 33%, while biotechnology and pharmaceutical companies led the market with a 47% revenue share. These sectors are increasingly adopting 3D cell cultures for various applications.

North America held the highest revenue share of 37% in 2023, driven by its strong healthcare infrastructure, established biotech and pharma sectors, and government funding for research. The region’s focus on advancing 3D cell culture technologies, with initiatives like the NIH’s funding of over USD 200 million, is expected to further propel market growth. The 3D cell cultures market in North America is expected to grow due to increased adoption in cancer research and drug discovery. Meanwhile, Asia-Pacific is seeing rapid growth, driven by advancements in healthcare infrastructure and government investments in biotechnology. China and India are key contributors to this growth, with significant investments in digital health and biotechnology.

In recent developments, Cellink launched a new 3D cell culture platform to enhance tissue modeling and drug screening. Lonza Group also introduced new 3D cell culture media optimized for stem cell and cancer research. These advancements are expected to support better tissue modeling and growth of cells in more natural environments.

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Read more at GlobeNewswire: 3D Cell Culture Market Size Projected to Surpass Reaching