Press Release

Europe 3D Cell Culture Market to Grow at a Formidable Rate During the Forecast Period

Growing chronic diseases and focus on personalized medicines to drive the growth of Europe 3D cell culture market

According to TechSci Research report, Europe 3D Cell Culture Market By Product, By End User, By Application, By Region, Competition, Forecast & Opportunities, 2025, the Europe 3D cell culture market is expected to witness a formidable growth during the forecast period on account of significant growth within the biopharmaceuticals industry. Additionally, rising research and development spending for many products like vaccines and antibodies is further expected to boost the product demand over the forecast period. Along with that, increasing instances of cancer and liver-related issues and increasing instances of cancer and liver-related issues are other factors contributing to the market growth over the years to come. However, high cost of cell biology research might act as a major impediment to the growth of Europe 3D cell culture market over the forecast years.

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In terms of end user industry, the market is segmented into pharmaceutical & biotechnology companies, research institutes, cosmetics industry and others. Out of which, the pharmaceutical & biotechnology segment is anticipated to grow at the highest CAGR during the forecast period. The growth of this segment can be accredited to the factors such as the strong drug manufacturing and research activities in regional pharmaceutical & biotechnology companies, shifting focus on alternatives to animal testing models. Based on application, the market is fragmented into cancer & stem cell research, drug discovery & toxicology testing, tissue engineering & regenerative medicine. The cancer & stem cell research application segment is expected to dominate the market through 2025, owing to increasing prevalence of cancer and significant funding for cancer research.

Thermo Fisher Scientific, Corning Incorporated, Merck KGaA, Lonza Group, Reprocell, 3D Biotek LLC, CN Bio Innovations Limited, Hamilton Company, Insphero AG, Emulate, Inc etc. are some of the leading players operating in Europe 3D cell culture market.

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“Europe 3D cell culture market commanded the largest share of the market until 2019 due to growth of pharmaceutical and biotechnology industry in the region. Furthermore, presence of major market players, commercialization of microfluidics-based products and many research activities being conducted regionally are bolstering the growth of 3D cell culture market in the region.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Europe 3D Cell Culture Market By Product, By End User, By Application, By Region, Competition, Forecast & Opportunities, 2025 has evaluated the future growth potential of Europe 3D cell culture market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe 3D cell culture market.

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