South Africa 3d Cell Culture Market Size & Outlook
South Africa 3d cell culture market, 2018-2030 (US$M)
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South Africa 3d cell culture market highlights
- The South Africa 3d cell culture market generated a revenue of USD 13.3 million in 2023 and is expected to reach USD 20.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.6% 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 13.3 million |
| Market revenue in 2030 | USD 20.8 million |
| Growth rate | 6.6% (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, South Africa accounted for 0.8% 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 Middle East & Africa, Saudi Arabia 3d cell culture market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 22.9 million by 2030.
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3D Cell Culture Market Scope
3D Cell Culture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 49.62% in 2023. Horizon Databook has segmented the South Africa 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.
Recently, thermos-responsive non-woven scaffolds for 3D cell culture were developed by a South African institute, which is indicating the driving demand for 3D cell culture technology and related ongoing technological developments in this region. Moreover, government initiatives undertaken to boost biological research activities are expected to positively impact the market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa 3d cell culture market , including forecasts for subscribers. This country databook contains high-level insights into South Africa 3d cell culture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa 3d cell culture market size, by technology, 2018-2030 (US$M)
South Africa 3D Cell Culture Market Outlook Share, 2023 & 2030 (US$M)
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