Canada 3d Cell Culture Market Size & Outlook, 2023-2030
Canada 3d cell culture market, 2018-2030 (US$M)
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Canada 3d cell culture market highlights
- The Canada 3d cell culture market generated a revenue of USD 48.8 million in 2023 and is expected to reach USD 111.9 million by 2030.
- The Canada market is expected to grow at a CAGR of 12.6% from 2024 to 2030.
- In terms of segment, scaffold based was the largest revenue generating technology in 2023.
- Scaffold Free is the most lucrative technology segment registering the fastest growth during the forecast period.
3d cell culture market data book summary
| Market revenue in 2023 | USD 48.8 million |
| Market revenue in 2030 | USD 111.9 million |
| Growth rate | 12.6% (CAGR from 2023 to 2030) |
| Largest segment | Scaffold based |
| Fastest growing segment | Scaffold Free |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Scaffold Based, Scaffold Free, Bioreactors, Microfluidics, Bioprinting |
| Key market players worldwide | Thermo Fisher Scientific Inc, Merck KGaA, PROMOCELL, Lonza Group Ltd, Corning Inc, Avantor Inc, Tecan Group AG, ReproCELL, CN Bio |
Other key industry trends
- In terms of revenue, Canada accounted for 3.1% of the global 3d cell culture market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. 3d cell culture market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 111.9 million by 2030.
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3D Cell Culture Market Scope
3D Cell Culture Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 3d cell culture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 3d cell culture market will help companies and investors design strategic landscapes.
Scaffold based was the largest segment with a revenue share of 48.98% in 2023. Horizon Databook has segmented the Canada 3d cell culture market based on scaffold based, scaffold free, bioreactors, microfluidics, bioprinting covering the revenue growth of each sub-segment from 2018 to 2030.
Canada 3D cell culture market is expected to grow at a significant rate owing to presence of molecular R&D laboratories and market players that are involved in mammalian research. Moreover, continual improvements in 3D cell culture technology are anticipated to support the growth of the Canadian market in the coming years.
For instance, In September 2014, Arianna McAllister and Lian Leng received the 2014 James Dyson Awards Program in Canada for their product, PrintAlive Bioprinter, which produces tissue skin grafts for individuals with severe burns.
In addition, efforts of government and private organizations to improve cell-based research for treatment of chronic diseases is expected to drive the market. For instance, STEMCELL Technologies, a biotechnology company in Canada announced a USD 45 million joint funding agreement between the Canadian Government and British Columbia to build an advanced manufacturing facility in 2018.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada 3d cell culture market , including forecasts for subscribers. This country databook contains high-level insights into Canada 3d cell culture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada 3d cell culture market size, by technology, 2018-2030 (US$M)
Canada 3D Cell Culture Market Outlook Share, 2023 & 2030 (US$M)
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