Thermo Fisher Scientific, Inc. (US), Merck KGaA (Germany) are Leading Players in the 3D Cell Culture Market
The 3D cell culture market is estimated to reach USD 2.5 billion by 2028 from USD 1.3 billion in 2023, at a CAGR of 14.6% during the forecast period. The growth of this market is mainly driven increasing adoption of 3D cell culture over 2D cell culture and rising demand for personalized medicine across the globe.
The prominent players operating in the 3D cell culture market are include Thermo Fisher Scientific, Inc. (US), Merck KGaA (Germany), Corning Incorporated (US), Lonza Group AG (Switzerland), and Avantor Inc. (US)
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Thermo Fisher Scientific, Inc. (US)
Thermo Fisher Scientific, Inc., offers 3D cell culture products through its biosciences segment. Thermo Fisher has a wide customer base, including pharmaceutical and biotechnology companies, hospitals and clinical laboratories, universities, research institutions, government agencies, and environmental and process control industries. The company has a strong geographic footprint and operates in more than 150 countries across North America, Europe, Latin America, and Asia. From 2020 to 2023, Thermo Fisher Scientific has engaged in strategic developments such as product launches, acquisitions, and geographic expansion. Thermo Fisher Scientific is expected to witness significant growth in the global 3D cell culture market with its strong product portfolio, continuous research and development activities, and broad geographic reach.
Merck KGaA (Germany)
Merck KGaA provides 3D cell culture products through its Research Solutions and Process Solutions business units. The company has focused on strategies such as collaborations to strengthen its position in this market. For instance, in May 2021, Merck collaborated with TU Darmstadt and Tufts University on Bioreactor designs to enable cultured meat production. The company also expanded its geographic presence by establishing the Merck Biotech Development Center in Switzerland. It invests substantially in R&D to provide innovative products. With its strong R&D capabilities and product portfolio, the company is expected to maintain its leading position in the market
Related Reports:
3D Cell Culture Market by Product (Hydrogels, ECM, Hanging Drop, Bioreactor, Microfluidics, Magnetic Levitation), Application (Cancer, Stem Cell, Tissue Engineering), End User (Pharma, Biotech, Research), Region - Global Forecast to 2028
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