North America is the largest regional market with highest share in the total volume of 3D Cell Culture Microplates consumed in 2021 followed by Europe
Benefitted from various advantages of 3D technology, 2D Cell Culture Microplates are gradually trailing behind 3D Cell Culture Microplates. 3D Cell Culture is growing in popularity owing to a myriad of advantages, including highly precise gene expression and the capability of screening vital cell-cell and cell-matrix interactions. With its ability to meticulously imitate in vivo cell behaviors, 3D cell culture is increasingly being used in the screening of toxicology and is also poised to play an important role in biological research. However, 3D cell culture can not be carried out by regular microplates. 3D cell culture demands specially designed and produced 3D cell culture microplates. 3D cell culture microplates are available in different types, including Micropatterned Surface, Hanging Drop, and Spheroid Microplates (ULA).
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The global 3D Cell Culture Microplates Market stood at USD 233.14 million in 2021 and is poised to grow at a moderate CAGR of just over 8% during the forecast period to reach over USD 398.25 million in 2028. While cumulative revenue generation opportunity offered by the global 3D Cell Culture Microplates market will be around USD 2.23 billion between 2022 and 2028.
3D Cell Culture Microplates market can be segmented into three types based on product type: Micropatterned Surface, Hanging Drop, and Spheroid Microplates (ULA). Micropatterned Surface 3D Cell Culture Microplates dominated the demand by a vast margin compared to their counterparts. Micropatterned surface microplates contain micrometer-sized compartments evenly arranged on the bottom of the microplate that facilitate control and size of the culture.
Cell culture technology has been widely used across drug development, protein production, biology, and regenerative medicines for quite a long time. However, earlier research was based on 2D cell culture technology. However, the 3D cell culture technology advancement that offers many benefits to the researchers, including less time, accurate results, and a higher level of precision in research activities, is driving the demand for 3D cell culture microplates. 3D cell culture microplates facilitate the production of complicated cellular signals between cells and their matrix, which would otherwise be impossible using 2D cell culture technology. Additionally, 3D cell culture microplates provide proper differentiation between cells, improved expression of CYP enzymes with increased drug metabolism, etc.
Cancer, Tissue Engineering & Immunohistochemistry, Drug Development, and Stem Cell Research are major application areas for the 3D cell culture microplates. Although stem cells held just under 13% share in 2021, it is expected to provide huge growth opportunities in the years to come. The stem cell segment is expected to register a strong growth rate in the years to come. The stem cell industry is one of the major application markets for 3D cell culture microplates in the years to come. The global stem cell market is likely to increase significantly over the forecast period. It was valued at around USD 10,198 million in 2021 and is expected to reach over USD 18,345 million in 2028. This, in turn, is expected to drive the demand for the 3D cell culture microplates market in the coming years.
Key players operating in global 3D cell culture microplates include BGO (Greiner Bio-One), Corning, Thermo Fisher Scientific, eNUVIO, Creative Bioarray, VistaScientific, PerkinElmer Inc., and VWR (Avantor). The global 3D Cell, Culture Microplates market is fairly concentrated, with the top five players holding almost 45% share in total revenue generation in 2021. The global 3D Cell Culture Microplates market is also expected to remain concentrated over the forecast period. GBO, Corning, Thermo Fisher Scientific, VWR, and PerkinElmer Inc. are shifting focus from regular microplates to 3D Cell Culture Microplates. In order to gain a competitive advantage over their rivals, major players are focusing on portfolio expansion, extending their geographic reach, and carrying out extensive R&D with increasing investment in research activities.
eNuvio has recently launched a completely reusable 3D cell culture microplate. Contemporary scientific research consumes a high volume of disposable and single-use 3D Cell Culture Microplates. Zero waste movement across research laboratories around the world is one of the important factors making end-users look forward to reusable 3D Cell Culture Microplates. Reusable 3D Cell Culture Microplates can be used 5 to 8 times, which can significantly lower the volume of 3D Cell Culture Microplates and laboratory waste.
Key end-user industries for 3D Cell Culture Microplates include Biotechnology and Pharmaceutical, Research Laboratories and Institutes, and Hospitals and Diagnostic Centres. Growing R&D activities across the world with increasing adoption of 3D cell culture microplates are major factors fuelling the growth of this industry. 3D Cell Culture Microplates are one of the most important parts of biotech and pharmaceutical companies' research & development activities. 3D Cell Culture Microplates are growing in popularity among end-users owing to their benefits in drug discovery.
The U.S. is a major consumer of 3D Cell Culture Microplates with over 30% share in total volume consumption as well as revenue generation. The presence of a large number f research institutes in the region coupled with higher investment in research & development from both government and private sector industry is primarily driving the demand for 3D Cell Culture Microplates. The U.S. and Europe dominate the drug discovery market. Similarly, stem cell therapy is also taking its roots in these regions, which is expected to keep its dominance in the global 3D Cell Culture Microplates market over the analysis period. However, Asia Pacific is expected to advance at a higher CAGR as compared to U.S. and Europe in the light of growing R&D activity and increasing investment by biotech and pharmaceutical companies in the region.
North America is the largest regional market with highest share in the total volume of 3D Cell Culture Microplates consumed in 2021 followed by Europe
Increasing cell culture industry and growing R&D activities across the world
Cancer segment dominated the 3D Cell Culture Microplates market in 2021 with over 33% share
Micropatterned Surface segment was the largest type of 3D Cell Culture Microplates in 2021 with over 50% share
Biotech & Pharmaceuticals was the largest end-user segment of 3D Cell Culture Microplates in 2021 with over 50% share
Report Attribute | Details |
---|---|
Market Value in 2021 | USD 233.14 million |
Market Value in 2028 | USD 398.25 million |
CAGR | 8.02% between 2021 and 2028 |
Benchmarking Year | 2021 |
Forecast period | 2022 – 2028 |
Report coverage | Market Size Valuation, Share Analysis and Growth Rate by Segments such as Type and Distribution Channel, Company Share, Competitive Landscape and Trends Analysis |
Segments covered | Type Micropatterned Surface Hanging Drop Spheroid Microplates (ULA) Application Cancer Tissue Engineering & Immunohistochemistry Drug Development Stem Cell End-user Biotechnology and Pharmaceutical Research Laboratories & Institutes Hospitals & Diagnostic Centres |
Regional scope | North America (U.S., Canada and Mexico), Europe (Russia, Spain, Italy, Germany, France, UK, Poland, Belgium, Netherland, Sweden, Denmark, Austria, etc.), Asia Pacific (India, South Korea, China, Japan, Taiwan, Singapore, Vietnam, Thailand, Indonesia, Malaysia, Australia, etc.), Latin America (Peru, Chile, Colombia, Brazil, Argentina, etc.), Middle East (KSA, UAE, Israel, etc.) & Africa (Egypt, Nigeria, South Africa, East African Community, etc.) |
Major Players Analysed | BGO (Greiner Bio-One), Corning, Thermo Fisher Scientific, eNUVIO, Creative Bioarray, VistaScientific, PerkinElmer Inc. and VWR (Avantor) |
Cost of the Report | Write us at [email protected] |