Product ID: SQMIG35H2246
Report ID:
SQMIG35H2246 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
90 |
Figures:
76
In 2022, North America held the largest share of the market, representing primarily propelled by the growing concentration of universities and research institutions in the region. Additionally, growing government initiatives and funding aimed at developing advanced 3D culture models are expected to further enhance the regional business environment. For Instance, in March 2023, the ALS Society of Canada (ALS Canada) partnered with Brain Canada to invest 1.4 million in supporting nine projects focused on groundbreaking discoveries and treatments for amyotrophic lateral sclerosis (ALS).
The Asia-Pacific market is poised for significant growth, driven by factors such as the increasing disease burden and the widespread adoption of 3D culture by biopharmaceutical industries for drug discovery, aiming to streamline drug development timelines. Additionally, the rising prevalence of diseases like diabetes and obesity further underscores the need for accelerated development of innovative and effective drugs, prompting companies to embrace 3D cell culture technologies. China's 3D cell culture market held the largest share in the region, while India's market emerged as the fastest growing.
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Product ID: SQMIG35H2246