Global 3D Cell Culture Microplates Market is Likely to Grow a CAGR of 8.02% during the Forecast Period

The latest market report published by Credence Research, Inc. “Global 3D Cell Culture Microplates Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global 3D Cell Culture Microplates Market generated revenue of around USD 233.14 million in 2021 and is anticipated to grow a CAGR of over 8.02% during the forecast period from 2021 to 2028 to reach around USD 398.25 million in 2028. While, cumulative growth opportunity presented by the global 3D Cell Culture Microplates is around USD 2.23 billion during 2022 to 2028.

Global 3D Cell Culture Microplates Market, 2021 – 2028 (USD Million)

Browse the full report at  3D Cell Culture Microplates Market: Size, Trends, Share and Growth Report | Forecast to 2028 (credenceresearch.com)

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 its popularity owing to myriad of advantages including highly precise gene expression and capability of screening vital cell-cell and cell-matrix interactions. With its ability to meticulously imitating in vivo cell behaviours, 3D cell culture is increasingly being used in screening of toxicology and also poised to play 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).

Micropatterned Surface to Hold the Largest Share over Forecast Period

Micropatterned Surface, Hanging Drop and Spheroid Microplates (ULA) are some of the key types of 3D cell culture microplates. Micropatterned surface 3D cell culture microplates are most commonly used type of 3D cell culture microplates with over 50% share in total volume consumed and revenue generated in the same year. However, hanging drop 3D cell culture microplates also occupied considerable share of the global 3D cell culture microplates market in 2021. On the other hand, spheroid 3D cell culture microplates are expected to grow at a rapid pace of 9.4% during the forecast period.

Tissue Engineering & Immunohistochemistry to Occupy a Quarter of Share

Based on its applications, 3D Cell Culture Microplates can be classified into Cancer, Tissue Engineering & Immunohistochemistry, Drug Development, Stem Cell Research and Others. 3D Cell Culture Microplates market consumption is dominated by the cancer segment. However, Tissue Engineering & Immunohistochemistry also hold one fourth share of the total volume consumption and revenue generation in 2021. Global Tissue Engineering & Immunohistochemistry market is growing at a rapid pace. Global Tissue Engineering & Immunohistochemistry market was stood at USD 2.64 billion in 2021 and likely to reach over USD 6.48 billion by the end of 2028.

Biotechnology and Pharmaceutical to Grow at Rapid Pace

Biotechnology and Pharmaceutical, Research Laboratories and Institutes and Hospitals and Diagnostic Centers are some of the major end-user industries for global 3D Cell Culture Microplates. Biotechnology and Pharmaceutical is the largest market for 3D Cell Culture Microplates with over 50% share in 2021 and also expected to grow at a rapid CAGR of over 8.45% during the forecast period. While, research laboratories are also picking up pace and likely to expand considerably in its revenue over the forecast period.

Global 3D Cell Culture Microplates market is characterized by the presence of moderate number of companies. However, top five players held just around 48% share in 2021. Some of the key players operating in the global 3D Cell Culture Microplates market include, BGO (Greiner Bio-One), Corning, Thermo Fisher Scientific, eNUVIO, Creative Bioarray, VistaScientific, PerkinElmer Inc. and VWR (Avantor).

Europe to Hold Second Leading Place in Global 3D Cell Culture Microplates Market  

Global 3D Cell Culture Microplates market is dominated by the North America, while Europe holding the second place. Europe contributed almost 30% share in total revenue generation in 2021. UK, Germany and France are major economies fueling demand for 3D Cell Culture Microplates in the region. U.S. on the other hand is single largest market for 3D Cell Culture Microplates on the global level. Asia Pacific 3D Cell Culture Microplates market is mainly dominated by China, South Korea and Japan. However, India, Australia, Taiwan and Singapore are expected to increase in their market share over the years to come.

 

Market Segmentation

Global 3D Cell Culture Microplates Market by Type, 2016 – 2028

  • Micropatterned Surface
  • Hanging Drop
  • Spheroid Microplates (ULA)

Global 3D Cell Culture Microplates Market by Application, 2016 – 2028

  • Cancer
  • Tissue Engineering & Immunohistochemistry
  • Drug Development
  • Stem Cell Rese

Global 3D Cell Culture Microplates Market by Type, 2016 – 2028

  • Biotechnology and Pharmaceutical
  • Research Laboratories & Institutes
  • Hospitals & Diagnostic Centers

Global 3D Cell Culture Microplates Market by Company, 2021

  • BGO (Greiner Bio-One)
  • Corning
  • Thermo Fisher Scientific
  • eNUVIO
  • Creative Bioarray
  • VistaScientific
  • PerkinElmer Inc.
  • VWR (Avantor)
  • Others