Report ID: SQMIG35H2246
Report ID:
SQMIG35H2246 |
Region:
Global |
Published Date: July, 2024
Pages:
157
|
Tables:
90 |
Figures:
76
3D Cell Culture Market size was valued at USD 1.3 Billion in 2022 and is poised to grow from USD 1.31 Billion in 2023 to USD 11.79 Billion by 2031, growing at a CAGR of 18.2% during the forecast period (2024-2031).
3D cell culture refers to the practice of growing cells outside in 3-dimensional space of the organism that they came from. This practice allows a better emulation of how cells would develop and interact in a body. High investments in cell research and development coupled with advancements in cell culture technologies will also bolster market growth in the future. Ethical concerns about animal testing are also projected to create new opportunities for 3D cell culture providers worldwide. Surging prevalence of chronic diseases and growing demand for novel treatments and therapies for the same are also estimated to benefit the 3D cell culture demand outlook over the coming years. However, limited standardization, scalability issues, and high costs are estimated to inhibit adoption of 3D cell culture in the long run. Growing demand for oncology research will also play a vital role in augmenting the global 3D cell culture market development potential through 2031 and beyond.
US 3D Cell Culture Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35H2246