3D cell culture is a man-made culture environment that enables biological cells to interact with their surroundings in all three conditions. Cell grown in 3D cell culture show similar properties of cells found in living organisms in terms of cellular characteristics and behavior. This technique allows the cells to grow in their natural environment in an in vivo condition.
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The global 3D cell culture market is estimated to be valued at US$ 2,604.3 million in 2020 and is expected to exhibit a CAGR of 23.4% during the forecast period (2020-2027).
Increasing product launches by key companies is expected to drive growth of the global 3D cell culture market during the forecast period.
Key companies are focused on launching 3D cell culture products, which is expected to drive growth of the global 3D cell culture market during the forecast period. For instance, in January 2021, Jellagen Limited, a biotechnology company manufacturing high value Collagen Type 0 derived from jellyfish, announced the launch of JellaGel Hydrogel. 3-dimensaional hydrogels allow cells to grow and interact with all of its surroundings. Cells grown in a 3D model have proven to be more natural, with improved cell viability, morphology, proliferation, and differentiation.
Growing R&D activities in 3D cell culture is expected to propel the global 3D cell culture market growth over the forecast period. For instance, in August 2020, researchers at Okayama University created a new 3D cell culture model of pancreatic cancer that closely mimics the ‘fibrotic’ tissue characteristically observed in patients.
COVID-19 Impact Analysis
The coronavirus (COVID-19) pandemic and lockdown in various countries across the globe has impacted the financial status of businesses in all sectors. The private healthcare is one of the sector, which has been majorly impacted by the pandemic. The lockdowns in various countries has created an economic burden on the private healthcare sector. Healthcare providers are facing challenges with regards to manpower, equipment, consumables, and other resources to ensure safety of patients with other diseases, and declining outpatient’s visits, among others. Moreover, the pandemic has negatively impacted the development, production, and supply of drugs, and affected growth of the healthcare segment of various companies across the globe. This has led to closure of industrial establishments, except manufacturing of essential commodities, and disruption in supply chain of products. The COVID-19 pandemic has affected the economy in three main ways; 1) by directly affecting the production and demand; 2) by creating disruptions in distribution channels; and 3) through its financial impact on companies and financial markets. Supply chain and manufacturing activities in India, China, U.S., and others have been disrupted due to global lockdowns. Whereas, countries such as Thailand, Indonesia, Singapore, and others are facing problems with transportation of drugs and medications. Thus, the pandemic is expected to slightly disrupt the R&D activities of the 3D cell culture market. However, currently the spread of coronavirus has spurred growth of 3D cell culture market, owing to increasing 3D cell culture for regeneration of 3D cell culture organs for understanding the mechanism of coronavirus infection.
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Lack of consistency in 3D cell culture products is expected to hinder the global 3D cell culture market growth over the forecast period.
Major players operating in the global 3D cell culture market include Becton, Dickinson and Company, Thermo Fisher Scientific Inc., Lonza, Merck KGaA, 3D Biotek LLC, 3D Biomatrix, Inc., 3D Biomatrix, Inc., and REPROCELL Inc.
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Table of Content
Global 3D Cell Culture Market Research Report
Section 1: Global 3D Cell Culture Industry Overview
Section 2: Global Economic Impact on 3D Cell Culture Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: 3D Cell Culture Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global 3D Cell Culture Market Forecast
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